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  • OECD warns of 'worrying' drop in development aid

    OECD warns of 'worrying' drop in development aid

    The world's wealthiest governments provided less aid last year and those countries needing most help got a smaller share of available funds, the Organisation for Economic Cooperation and Development said Wednesday. Total aid from the 30 members of...

  • MSE Equity Price Index posts 4-day negative streak

    MSE Equity Price Index posts 4-day negative streak

    The MSE Equity Price Index trended lower for the fourth consecutive day as it eased by a further 0.03% to 4,670.744 points. Wednesday's drop was largely driven by the decline in the share price of IHI which, coupled with the negative performances...

  • 'Too early' to help banks deal with negative rates: Draghi

    'Too early' to help banks deal with negative rates: Draghi

    It was "too early" to take any measures to mitigate the impact of negative rates on banks' profitability, saying a study must first be made, European Central bank chief Mario Draghi said Wednesday  "Right now it's too early to decide" about...

  • Why relocate your company to another country

    Why relocate your company to another country

    Relocating a company to another country can be a good business opportunity: investors may find different and better chances to grow their business, they may have access to different corporate and taxation regimes and even benefit from the local,...

  • The hottest new industry

    The hottest new industry

    Forget bitcoin or any cryptocurrency, the hottest new industry is mining. No, I am not referring to the mining of precious metals or oil but data. Data harvesting is the fastest growing industry in America according to the Financial Times, an...

  • British supermarket giant Tesco posts rising profit

    British supermarket giant Tesco posts rising profit

    British supermarket king Tesco on Wednesday registered a nine-percent increase in annual net profits, helped by cost-cutting and its acquisition of wholesaler Booker. The nation's biggest retailer posted the gains during a tough time for British...

  • Executive director and new head of business development appointed

    HSBC Bank Malta plc has announced that Michel Cordina has been appointed as executive director on the board. Cordina has also been appointed as the bank’s first executive head of business development, a new role created to usher the bank in its...

  • Strong BOV presence at IFS Malta graduation ceremony

    A group of 36 BOV employees were recently awarded with certificates, diplomas and degrees during the annual graduation ceremony held by the Institute of Financial Services Malta, after they successfully completed courses of studies in diverse...

  • Raising awareness about plastic pollution

    A long-distance run as part of the Run the #WaveofChange initiative will take place next week, aiming to raise awareness and help tackle the ever-growing problem of trash and plastic pollution. The initiative, launched by running partners Trudy...

  • Pound wobbles as Brexit speculation tests investor nerves

    The British pound gyrated yesterday as rumours and uncertainty about the Brexit endgame played havoc with investor nerves. Prime Minister Theresa May launched a new diplomatic push to avert a no-deal Brexit and secure a new delay to the date for...

  • How smart are smart contracts? - Christina Scicluna

    How smart are smart contracts? - Christina Scicluna

    Blockchain technology has developed and matured during the last five years and is continuing to develop to extend beyond cryptocurrency applications, which today still remains one of the largest and widely recognised application of blockchain.  At...

  • Italy cuts 2019 growth forecast to 0.2% from 1.0%

    Italy cuts 2019 growth forecast to 0.2% from 1.0%

    Italy's populist government on Tuesday slashed its 2019 economic growth forecast to 0.2 per cent from a prior estimate of 1.0 per cent, highlighting a gloomy overall eurozone outlook.  The ruling coalition of the anti-establishment Five Star...

  • New World Bank chief says urgent to focus on poverty

    New World Bank chief says urgent to focus on poverty

    Newly-installed World Bank President David Malpass spent his first day at the global lender Tuesday hammering home the message that the most urgent issue facing the bank is addressing global poverty. President Donald Trump's controversial pick to...

  • Large caps pull the MSE Equity Price Index lower

    Large caps pull the MSE Equity Price Index lower

    The MSE Equity Price Index extended Monday's decline by a further 0.3% to 4,671.982 points, reflecting the drops in the share prices of IHI, BOV and GO which, in aggregate, outweighed the gains in three other shares. Trading volumes remained on...

  • EU needs to stop taking advantage of the US: Trump

    EU needs to stop taking advantage of the US: Trump

    President Donald Trump said Tuesday the European Union has been taking advantage of the US for years, vowing to impose tariffs on $11 billion of products from the 28-nation bloc. "The World Trade Organisation finds that the European Union...

  • Lenders take control at UK department store Debenhams

    Lenders take control at UK department store Debenhams

    British department store chain Debenhams has been taken over by lenders after falling into administration, it said Tuesday, amid tough times in the retail sector. High street stalwart Debenhams, whose history dates back to 1778, added in a...

  • Trade deficit widens to €342 million

    Trade deficit widens to €342 million

    A trade deficit of €341.7 million was recorded in February in provisional figures for registered trade in goods in Malta. The National Statistic Office said the trade deficit in the same month in 2018 was €190.9 million. Both imports and exports...

  • Cognac-chocolate pairing and masterclass

    Cognac-chocolate pairing and masterclass

    Anchovy believes one of the best ways for business people to connect is through the combination of food and drink. During the new era of meetings being held through FaceTime or over an espresso, Anchovy provides an opportunity for people to...

  • Brexit chaos: we need to look at the bigger picture

    To many of us the Brexit associated chaos is incomprehensible. It seems like UK democracy is having a self-imposed nervous breakdown. That may be true. But the breakdown is not without cause. And other countries should be wary of seeing this as a...

  • Give credit to credit

    Give credit to credit

    Following dismal run risky assets endured during 2018, particularly the final quarter of the year, few would have imagined that the situation would have shifted in such a sharp manner as it did in the first three months of 2019. The market...