‘Leases’ is perhaps not the most significant figure on a balance sheet, but following the enactment of the proposed changes currently on the drawing board, the amounts that you may be required to recognise on your balance sheet may well run into...
The Telegraph titles will start charging readers for online access immediately, the group has announced. The daily and Sunday versions are following in the footsteps of The Times and Sunday Times by introducing a paywall for its newspapers’ website. It...
Ahead of an 11th-hour deal which allowed Cyprus to avert a banking collapse did little to stop the euro from stumbling lower yet again. The single currency had initially risen on Monday after opening the week lower for the second consecutive week, but...
HSBC Bank Malta on Tuesday introduced a collection of incentives to support local firms as they do business internationally, particularly with emerging markets. Collectively launched as Malta Trade for Growth, the incentives relate to facilitating...
Malta’s proposition as an EU maritime hub and the advantages of its geographical location were showcased at a two-day St Julian’s event last week organised by CLC Projects of Hong Kong, a network of freight forwarders servicing SMEs. Around 50 people...
Plastic waste disposal is one of several concerns for business to slowly emerge as the European Commission is now in the process of unveiling several proposals related to the overhaul of current EU waste legislation. A Green Paper on a European...
The European Commission is levelling aid with a view to assist European car makers gain better access to global markets while harmonising vehicle registration to facilitate the export of European cars to new emerging markets. As a matter of priority,...
The Misco Directors Network’s first workshop on non-executive directors is to be repeated next month in response to numerous requests from directors and organisations. Around 25 board directors recently participated in the workshop which focused on the...
Simonds Farsons Cisk plc has recognised the 12 best contributions to its employee suggestion scheme made over the past four years. Group human resources manager Antoinette Caruana said numerous suggestions made by employees have been implemented by the...
Medserv plc has registered a pre-tax loss of €1.15 million for 2012, as business levels fell while its main market Libya was still recovering from the 2011 crisis. However, revenue generated in the second half of the year resulted in 62 per cent of the...
Sky Cargo has contracted CSafe, a global provider of cool chain solutions, for the supply and service of mobile refrigeration units used for its Cool Chain Premium Service. This service, from Emirates’ freight division, specialises in the transport of...
Chambers and Partners has named WH Partners’ Olga Finkel and James Scicluna among the world’s top 50 gaming and gambling lawyers after an independent review. After having been consistently ranked in this category since 2011, Chambers and Partners has...
The share price of Bank of Valletta plc was heading for a weekly increase before dropping back to the €2.25 level during the final minutes of the session to close unchanged. Meanwhile, HSBC Bank Malta plc ended the week 0.6% higher as this morning’s...
The chairman of Cyprus’s biggest commercial bank offered his resignation and thousands of students protested in the capital as banks stayed shut to stop a run on deposits after the island agreed a painful bailout to avert bankruptcy. The banks were...
Start-up banks in Britain will not need as much capital as their established rivals from April, Britain’s Financial Services Authority said in a policy move to boost competition. Under pressure from lawmakers to increase choice in a sector dominated by...
European shares and the euro were flat yesterday, losing early gains as investors fretted that Cyprus’s raid on bank deposits could become the template for future eurozone bailouts. Wall Street was expected to see a rebound from Monday’s losses,...
Spain’s economy will sink deeper into recession this year, the Bank of Spain said yesterday, sending a stark message to the Government as it prepares to revise its own growth forecast. In its annual update of economic forecasts, the Central Bank said...
Overview
The smartphone news app Summly. Got a tech idea and want to make a fortune before you are out of your teens? Just do it, is the advice of the London schoolboy who has just sold his smartphone news app to Yahoo for a reported $30 million (€23.3...
UKAR still owes Government £43.4 billion
ECB monetary operations
European shares fell yesterday, led lower by financial stocks, as relief over a Cyprus bailout faded after the Dutch Finance Minister said the stern deal could set a new template for the region. Speculation of a credit rating downgrade for Italy, which...
Mobile phone giant Vodafone was yesterday reported to be mulling its exit from America in one of the largest corporate transactions of all time. The Newbury-based company has recently been in talks with its US partner, Verizon Communications, over a...
The MSE Share Index moved back into negative territory on the stock exchange this morning with a 0.1% decline to 3,322.952 points mainly reflecting the declines in the share prices of GO plc and International Hotel Investments plc (IHI). After a...
The Federal Reserve’s aggressive easing of monetary policy is proving surprisingly effective at blunting the blow to the US economy from tighter fiscal policy, according to economists who have been scrambling to raise their growth...
German business morale fell in March, breaking a four-month run of gains, as an inconclusive vote in Italy and a stand-off over a bailout for Cyprus reignited worries the eurozone debt crisis could weigh on the performance of Europe‘s largest...
These vessels are expected in Malta: The Stadt Schwerin from Benghazi (Carmelo Caruana Co. Ltd), the MV Eurocargo Malta from Genoa to Civitavecchia and the MV Eurocargo Napoli from Salerno to Salerno (both Sullivan Maritime), the Alexander Maersk from...
Trading activity across the equity market during this morning’s session of over €0.98 million is the highest daily activity so far this year. HSBC Bank Malta plc was the most actively traded equity as sixteen deals totalling 149,000 shares were...
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