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  • Pound slides on Brexit woes

    The pound struck multi-month lows versus the dollar and euro yesterday on renewed prospects of a no-deal Brexit after Britain's Labour opposition pulled out of key talks with Prime Minister Theresa May. The pound unravelled to $1.2752, the lowest...

  • Architecture talk cancelled

    Architecture talk cancelled

    Architecture Alive's talk on Saturday has been cancelled. This was because due to a last-minute personal emergency speaker Claudio Silvestrin had to cancel his trip to Malta. Architect Silvestrin will be invited to Malta again later on this year...

  • EU adopts powers to respond to cyberattacks

    EU adopts powers to respond to cyberattacks

    The European Union on Friday adopted powers to punish those outside the bloc who launch cyberattacks that cripple hospitals and banks, sway elections and steal company secrets or funds. EU ministers meeting in Brussels said the 28-nation group...

  • Let’s talk about Europe: better growth figures

    Let’s talk about Europe:  better growth figures

    The eurozone's GDP grew by a better than expected 0.4 per cent in the first quarter or, specifically, 1.2 per cent year-on-year. Italy put in 0.2 per cent GDP growth, thereby ending the technical recession that started in the third quarter of...

  • As cryptocurrencies go mainstream battle is on to bring them under global control

    As cryptocurrencies go mainstream battle is on to bring them under global control

    The 21st-century revolutionaries who have dominated cryptocurrencies are having to move over. Mainstream financial institutions are adopting these assets and the blockchain technology that enables them, in what is perhaps the most profound...

  • The rent question

    The rent question

    Last week we had the decision of the Constitutional Court, where­by the current legal regime regulating rents of properties leased before June 1995 was declared as breaching landlords’ fundamental rights. In response to this the Malta Developers...

  • Banking federation holds board meeting

    The European Banking Federation (EBF), of which the Malta Bankers’ Association (MBA) is a member, held its 128th board meeting in Bucharest on May 10. The EBF’s board meeting was attended by the MBA’s chair, Marcel Cassar. Following the meeting,...

  • Booking platform serves over 100,000 diners in six months

    Booking platform serves over 100,000 diners in six months

    The online restaurant booking platform www.tablein.mt from Yellow has booked a phenomenal 100,000 diners from 25,000 different reservations in just over six months. “This is an outstanding achievement for our restaurant platform. We were always...

  • Attacking Gulf oil routes exposes vulnerability of alternatives to Hormuz

    Attacking Gulf oil routes exposes vulnerability of alternatives to Hormuz

    Attacks on Saudi and UAE oil assets built to bypass the Strait of Hormuz, a strategically important waterway in the Gulf, have raised fears that alternative routes could be vulnerable. Four ships including two Saudi oil tankers were damaged in...

  • YMCA crowdfunds to make Dar Niki Cassar solar-powered

    YMCA crowdfunds to make Dar Niki Cassar solar-powered

    YMCA Valletta has launched a crowdfunding campaign on local platform Zaar to fund the installation of solar panels and solar heaters at the Dar Niki Cassar residential facility and emergency shelter in Msida. As an NGO and voluntary organisation,...

  • GO lowers call and text rates to the EU

    GO customers can stay connected with family and friends in the EU with increased peace of mind with lowered rates on international fixed and mobile call rates, as well as SMSs to EU countries.  International EU call rates have now been...

  • Stocks recover after volatility

    Stock markets rose yesterday after  recent volatility as investors weighed hopes for US-China trade talks against President Donald Trump's telecoms equipment ban, seen as a kick against Beijing. Trump has issued an executive order, citing national...

  • Huawei becomes flashpoint in China-US economic showdown

    Huawei becomes flashpoint in China-US economic showdown

    The US crackdown on Huawei has made the Chinese telecommunications giant the flashpoint in a monumental economic and technological showdown between the two superpowers that is testing allies of both. One day after the US moved to block Huawei from...

  • RS2 share price adjusts ex-bonus

    RS2 share price adjusts ex-bonus

    The MSE Equity Price Index closed at 4,735.302 points on Thursday (-0.19%). However, this reading does not reflect the adjustment related to the share price of RS2 which started to trade without the entitlement to a 1-for-8 bonus share. Meanwhile,...

  • $100m cybercrime gang busted: Europol

    $100m cybercrime gang busted: Europol

    US and European police said Thursday they have smashed a huge international cybercrime network that used Russian malware to steal $100 million from tens of thousands of victims worldwide. Prosecutions have been launched in Georgia, Moldova,...

  • EU fines five major banks €1bn for currency collusion

    EU fines five major banks €1bn for currency collusion

    The EU's powerful anti-trust authority on Thursday fined five major banks - including Barclays and Citigroup - more than €1 billion for collusion in the massive foreign exchange currency market. The European Commission sanctioned Barclays, the...

  • Turkey’s current condition

    Turkey’s economic outlook and failed attempts to nurture investor interest in Turkey, it is expected that the Lira’s future will be bleak. Turkey needs cash The Turkish economy has been highly dependent on foreign credit since the 1980s. The...

  • Second IHI cash dividend in a row - Edward Rizzo

    International Hotel Investments plc published its 2018 annual report on  April 30 and there are some important details contained in the lengthy statements by the chairman as well as the joint-CEO’s which I think would be best to highlight for the...

  • Shipping movements - May 16, 2019

    The following ships are expected in Malta: The Lion from Bajaia to Benghazi, the Nicola from Tunis to Benghazi (both CMA CGM Malta Agency Ltd), the MV Eurocargo Malta from Genoa to Genoa (Sullivan Maritime Ltd), the Ningbo Express to Genoa...

  • Malta’s fastest growing mobile operator

    Malta’s fastest growing mobile operator

    Melita has a record number of subscribers which now stands at nearly 140,000 and has once again been confirmed as Malta’s fastest growing mobile operator. Latest official statistics by the Malta Communications Authority show that more than 21 per...