Business
Advert

Business

  • Eurozone stocks edge higher as Easter break saps volumes

    The eurozone’s main stock markets found higher ground yesterday in subdued deals, with many investors away for the Easter holiday break. The European single currency meanwhile bobbed back above $1.31, while the pound edged higher, in turn holding...

  • Various equities trend higher

    Various equities trend higher

    The MSE Equity Price Index opened the week in positive territory as it added a further 0.18% to 4,692.073 points with various equities posting gains albeit on light volumes. On the other hand, BOV and MIDI registered declines while Mapfre...

  • German prosecutors charge ex-VW boss with fraud

    German prosecutors charge ex-VW boss with fraud

    Former Volkswagen chief Martin Winterkorn on Monday became the target of German charges over the group's "dieselgate" emissions cheating scandal, bringing the affair back into headlines as VW battles to turn eyes to its future. Prosecutors in...

  • Asset Recovery Bureau (Malta) secures first major pilot project

    Asset Recovery Bureau (Malta) secures first major pilot project

    The Asset Recovery Bureau (Malta), as the national competent authority entrusted with the tracing and administration of proceeds of crime, has entered into a project with Wilsons Auctions, to provide technical assistance in the management,...

  • EU green lights trade talks with Washington to defuse tension

    EU green lights trade talks with Washington to defuse tension

    European Union countries on Monday overruled France and gave the green light for Brussels to open trade talks with Washington as soon as possible and defuse trans-Atlantic tensions. The EU's 28 member states had struggled for months to agree on a...

  • Apple shares continue to rally

    We reviewed our position on Apple and increased our price target from $152.18 to $200.00. The increase in price target was a result of an increase in our forward multiple from 13x to 17x (in line with the market). We were more conservative than...

  • Economists’ inability to predict recessions

    Economists’ inability to predict recessions

    Economics is not an exact science and predicting major developments in any national economy is riddled with risks of inaccuracy. At present those who follow the international economic situation are wondering when the next global or regional...

  • Shipping movements - April 15, 2019

    The following ships are expected in Malta: The CMA CGM Herodote from Algiers to Mersin, the Stellar Willemstadt to Mersin, the APL New Jersey from Koper to Port Said, the JSP Skirner from Civitavecchia to Misurata (all CMA CGM Malta Agency Ltd),...

  • Strong start for equities but risks now tilted to the downside

    The first quarter of the year saw one of the strongest starts for the equity market since the financial crisis. The MSCI World index gained 12.7 per cent in the first quarter of 2019, the best return posted by the index since the crisis. In...

  • GDPR and cybersecurity

    The EU’s General Data Protection Regulation (GDPR) has been in force for almost a year.  It has presented organisations with numerous and onerous obligations intended to enhance their accountability and protect personal data.  The GDPR also...

  • Trade finance is the right panacea

    Trade finance is the right panacea

    Trade finance is one of the oldest and traditional financing which most banks around the globe have been offering for a very long time. It contributes significantly towards the gross domestic product; for example services relating to the...

  • Broadening horizons

    Broadening horizons

    Through the Erasmus+ programme, innovation, greater access to the European market, technological developments and increased research opportunities are created, says Kristina Cassar Dowling. The European Community Action Scheme for the Mobility of...

  • Business aspirations for the European elections

    Business aspirations for the European elections

    The European election is the democratic process by which citizens from across the EU elect their representatives to the European Parliament, who will be jointly responsible to pass legislation with the Member State governments on proposals made by...

  • Equities erase previous gains

    Equities erase previous gains

    The modest gains registered by local equities during the previous week proved unsustainable, as the MSE Equity Total Return Index surrendered 0.72 per cent to close at 9,351.473 points. Gainers and fallers were somewhat balanced, as from the 15...

  • Disclaimer - April 14, 2019

    The information published in this page is intended for information purposes only. Any legal claim or action taken in the event of a dispute should be based solely on the legal texts concerned. For more information, call the Office for Consumer...

  • US weekly jobless claims drop to the lowest level since 1969

    Filings by Americans for unemployment benefits unexpectedly dropped last week, falling to the lowest level since October 1969, showing little signs that the tight labour market is cooling. Initial claims for State unemployment benefits fell by...

  • Has a trader denied your request for remedy?

    Has a trader denied your request for remedy?

    As a consumer, you have the legal right to claim a free reme­dy from the seller when the goods purchased turn out to be defective within two years from the date of delivery or do not conform to the sales contract. In such situations, your first...

  • Justin Buttigieg – Reboot (Gozo) does not honour CCT decision

    The director general (Consumer Affairs) has issued a public statement in accordance with Article 8 of the Consumer Affairs Act (Cap.378), in which she stated that Justin Buttigieg – Reboot (Gozo) has not honoured a re­cent decision delivered by...

  • MCCAA public warnings issued to...

    Wayne Cassar (on October 1, 2018), who was ordered to pay €677.08, representing the value of the cargo that was never delivered to the consumer. Eman Zammit (on October 29, 2018), who was ordered to pay €360 as compensation to a consumer for...

  • Weekly advice - April 14, 2019

    • Consumers may claim a free remedy from sellers when goods purchased either turn out to be defective within two years from date of delivery or do not conform to the original sales contract. • Prior to making a claim, consumers should be...