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  • GO reviews positive 2017 performance

    GO reviews positive 2017 performance

    GO plc this week held its twentieth AGM, during which the company’s senior management team provided shareholders with a detailed review of the company’s performance during 2017. The meeting also approved a net dividend of €0.13 per share, an...

  • Arctic oil ‘undrillable’ amid global warming – UN’s ex-climate chief

    An architect of the Paris climate agreement urged governments yesterday to halt oil exploration in the Arctic, saying drilling was not economical and warming threatened the environmentally fragile region. Christiana Figueres, formerly head of the...

  • Hyundai overhaul faces more opposition as Glass Lewis urges no-vote

    Hyundai overhaul faces more opposition as Glass Lewis urges no-vote

    A planned overhaul of Hyundai Motor Group’s ownership structure has garnered more opposition with a major US proxy adviser urging shareholders to reject a deal in which the group’s proposed de facto holding firm would spin off lucrative...

  • Global stocks sink as soft China data, trade fears weigh

    World stocks fell as investors digested soft Chinese economic data and a lack of progress in US-China trade talks, though oil companies were a bright spot as crude hit a three-and-a-half-year high. MSCI's world equity index, which tracks shares in...

  • Low cost airlines can cost half as much as full service carriers

    Low cost airlines can cost half as much as full service carriers

    Tickets on low-cost airlines can cost as little as half those on full service carriers, according to a report released by the Centre for European Policy Studies in Brussels. The report looked at the impact of low-cost airlines and their role in...

  • Fantastic experiences out at sea

    Fantastic experiences out at sea

    A long boating season, professionalism and return custom are fuelling the growth of the yacht charter industry in Malta, says OceanLine managing director Daniel Ashforth. When was OceanLine’s charter division set up and with what aims?OceanLine...

  • Final withholding tax reporting will have to identify investors

    Final withholding tax reporting will have to identify investors

    Banks and investment service providers will now have to identify the investors from whom it has deducted final withholding tax, a provision that was introduced two decades ago. The 1994 measures introduced a 15 per cent withholding tax on bank...

  • New Air France-KLM CEO must avert slow descent in France

    New Air France-KLM CEO must avert slow descent in France

    Air France-KLM's next CEO faces an unenviable task if they want to avoid the fate of Alitalia. The manager needs to deal with union resistance to restructuring at its core Air France brand, keep increasingly frustrated KLM staff onside and battle...

  • France confident that eurozone budget agreement possible by June

    France confident that eurozone budget agreement possible by June

    France is optimistic that it can reach an agreement with Germany on a common approach on proposals for a eurozone budget by June, an adviser to French President Emmanuel Macron said on Tuesday. Since coming to power a year ago, Macron has made...

  • 'Just a blip': German growth halves in first quarter on weak trade

    'Just a blip': German growth halves in first quarter on weak trade

    German growth halved in the first quarter of the year due to weaker trade and less state spending, data showed on Tuesday, though analysts said they saw it as a temporary blip. Europe's biggest economy grew by 0.3 per cent in the first three...

  • End of an era as Vodafone boss Colao makes way for protege Read

    End of an era as Vodafone boss Colao makes way for protege Read

    Vodafone chief executive Vittorio Colao will step down in October after 10 years in which the Italian reshaped the world's second largest mobile operator into a digital communications powerhouse with a string of major deals. The urbane Colao will...

  • Malta had second largest decrease in industrial production

    Malta had second largest decrease in industrial production

    Malta’s industrial production decreased by 3.2 per cent between March 2017 and March 2018 – the second largest decrease in the eurozone. Eurostat reported on Tuesday that the eurozone saw an increase of 3 per cent during that period, with the...

  • 760 companies registered with beneficial owners declared

    760 companies registered with beneficial owners declared

    Between the beginning of this year and May 7, 760 new companies were registered, having provided declarations of their beneficial owners. Companies formed since January 1, 2018 are obliged to declare who the beneficial owners are – with an...

  • How much importance is given to bond liquidity in investment decisions?

    How much importance is given to bond liquidity in investment decisions?

    One out of the key considerations investors should pay particular notice to when making investment decisions is to ascertain how liquid an instrument is, both at the time of purchase as well as at the time of divestiture. Equities, bonds,...

  • A shade of corporate green

    A shade of corporate green

    As environmental concerns top the policy agenda globally and locally, and awareness increases among the population, the ideas behind going green in business are increasingly becoming attractive and worthwhile. In Malta, although individual and...

  • HSBC says it performed first trade finance transaction using blockchain

    HSBC says it performed first trade finance transaction using blockchain

    HSBC Holdings Plc said yesterday it had performed the world’s first trade finance transaction using blockchain technology, a major step in boosting efficiency and reducing errors in the multi-trillion-dollar funding of international trade. HSBC...

  • In concession, Trump will help China’s ZTE ‘get back into business’

    In concession, Trump will help China’s ZTE ‘get back into business’

    US President Donald Trump pledged on Sunday to help ZTE Corp “get back into business, fast” after a US ban crippled the Chinese technology company, offering a job-saving concession to Beijing ahead of high-stakes trade talks this week. “Too many...

  • UK employers plan to raise pay by more over coming year

    British employers plan to offer bigger pay rises to staff over the next year than they expected three months ago, reflecting faster pay growth in the public sector as well as more general demand for staff, an industry survey showed yesterday. The...

  • US, Asian shares climb amid trade hopes

    Stocks in the United States and Asia rallied on hopes for improving trade relations between the US and China, while the US dollar weakened for a fourth straight session against a basket of currencies. US President Donald Trump pledged on Sunday to...

  • JPMorgan Chase submits application for majority-owned China securities business

    JPMorgan Chase said yesterday it had submitted an application to the Chinese securities regulator for setting up a new onshore securities business in which the US bank would own a 51 per cent stake. The bank’s asset and wealth management unit is...