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  • The new IPO of Main Street Complex plc

    The new IPO of Main Street Complex plc

    Following the hugely successful Initial Public Offering (IPO) of PG plc in May 2017, a new entrant is expected to be added to the equity market in the weeks ahead. Main Street Complex plc published a Prospectus in connection with an offer of 7.5...

  • Upcoming tech: the smart speaker

    Upcoming tech: the smart speaker

    I have one of these speakers at home. A birthday ago I received a box that contained what should have been the peak of smart gadgets. Nearly a year on, and the speaker is still on its way into what it claims to be. To be fair it has improved and...

  • Mega deals fail to lift FTSE amid global gloom

    A £64 billion bid for drug maker Shire and a fresh £22 billion offer for Sky failed to lift the UK stock market yesterday as worries about rising US bond yields and corporate costs continued to weigh on global markets. Britain’s blue chip FTSE 100...

  • Norwegian Air says has received 'several inquiries' after IAG's interest

    Norwegian Air says has received 'several inquiries' after IAG's interest

    Budget airline Norwegian Air said on Thursday it had received "several inquiries" in the wake of the advance by British Airways-owner IAG, as it reported a larger first-quarter loss on Thursday. Before the news of IAG's interest, Norwegian Air had...

  • Author and entrepreneur to address 2018 B2B

    Sahar Hashemi will be addressing the B2B Conference and Expo which will be held at the Malta Fairs and Conventions Centre on June 1.  Sahar Hashemi, OBE is an entrepreneur and speaker on innovation and entrepreneurial mindset in corporations.  A...

  • Farsons marks 90 years of brewing

    Farsons marks 90 years of brewing

    Simonds Farsons Cisk plc and Ħamrun local council marked the 90th anniversary of Farsons Brewery with a formal reception held at the local council’s premises. The occasion celebrated the launch of the Brewery’s first beer, Farsons Pale Ale, in...

  • Costa Coffee to break from Whitbread after investor pressure

    Costa Coffee to break from Whitbread after investor pressure

    Costa Coffee will be spun off as an independent business after owner Whitbread  yielded to pressure from hedge fund investors who saw value in breaking up a group that also runs the Premier Inn hotel chain. Costa Coffee, second in the global...

  • Legal director at Equiom Malta

    Equiom, the international professional services provider has announced the promotion of Chris Cini to legal director in Malta. Previously having held the role of legal counsel, Dr Cini has now joined the Equiom Malta board of directors, taking on...

  • Shipping movements

    The following ships are expected in Malta: The Alexander Maersk from Naples to Misurata, the BC Hamburg from Sfax to Algiers (both Thomas Smith & Co. Ltd), the CMA CGM Virginia from Piraeus to Aliaga, the Joanna from Alexandria to Algiers (both...

  • BOV share price retreats to 2018 low

    BOV share price retreats to 2018 low

    The MSE Equity Price Index on Wednesday extended Tuesday's decline by a further 0.25% to a two-week low of 4,330.484 points, reflecting the significant drop in Trident, as well as the declines in Mapfre Middlesea and BOV, which in aggregate...

  • STMicro sends upbeat signal on smartphone demand in second half

    STMicro sends upbeat signal on smartphone demand in second half

    STMicroelectronics on Wednesday delivered an upbeat assessment on second-half demand for its smartphones-focused products, brushing off investor anxiety over the soft takeoff of Apple's iPhone X. The Franco-Italian chipmaker, whose customers range...

  • French central bank urges liquidity stress tests for funds

    French central bank urges liquidity stress tests for funds

    France's central bank chief called on Wednesday for broad-based liquidity stress tests of investment funds to see whether they could cope with shocks in a financial crisis. The amount of assets managed by non-bank financial actors has ballooned...

  • Central Bank Digital Currencies: potential benefits

    Central Bank Digital Currencies: potential benefits

    While the discussion on the need to regulate cryptocurrencies or leave them unregulated is still live and ongoing, central banks might surprise us by adopting a proactive approach. In the Global Financial Stability Report issued in April 2018, the...

  • More transparent delivery prices

    More transparent delivery prices

    A recently-adopted EU regulation has ensured that, from now onwards, it will be easier for consumers and businesses to compare cross-border parcel delivery prices. In this way, they will possibly be encouraged to make more online purchases or...

  • Over 160 students graduate

    Over 160 students graduate

    The Institute of Financial Services – Malta (IFS) recently held its annual graduation ceremony, where it celebrated the academic achievements of over 160 students who successfully completed a course of studies in 2017. The ceremony was presided...

  • Worrying signs China is moving backward on reforms, warns US

    Worrying signs China is moving backward on reforms, warns US

    China’s breaches of World Trade Organisation (WTO) rules are detrimental to the US and there are worrying signs that the world’s second-largest economy is moving backward, the US consul general of Hong Kong and Macau said on Tuesday. Kurt Tong was...

  • Weak business morale from Germany, France, Italy points to slowdown

    Business morale in Germany, France and Italy – the eurozone’s three biggest economies – deteriorated in April as a stronger currency and capacity constraints limited output, signalling that growth in the currency bloc has reached its peak. The...

  • EU shares choppy as earnings fail to set trend, yields rise

    European shares steadied yesterday as a batch of company updates failed to set a clear trend and chipmakers were weighed down by AMS’s warning of a downturn in orders. The pan-European STOXX 600 benchmark ended flat at the end of a choppy day,...

  • Low trading activity persists

    Low trading activity persists

    The MSE Equity Price Index erased Monday's gains as it retreated by 0.28% to 4,341.108 points, reflecting the drops in the equities of RS2, Farsons and BOV which outweighed the gains in MPC and MIDI. Meanwhile, another four shares closed the day...

  • Amazon to offer door-to-door deliveries - to your car

    Amazon to offer door-to-door deliveries - to your car

    Not content to stop at slipping packages inside customers' front doors, Amazon.com Inc on Tuesday started a new programme to deliver packages to its members' parked cars. The world's largest online retailer is rolling the programme out in 37 US...