Finance
Malta: Maltese investors have learnt not to panic at first sign of a crisis – financial advisor
Maltese investors have learnt from past situations and do not panic at the first sign of a crisis, financial advisor Jesmond Mizzi…
The world will see the worst recession since the Great Depression – IMF
Partial recovery in 2021 only if pandemic fades this year A chilling analysis of economic prospects was made public by the International…
€8 billion in EU finance for 100,000 SMEs
The European Commission has unlocked €1 billion from the European Fund for Strategic Investments (EFSI) that will serve as a guarantee to…
EU Governments in unprecedented bold moves to help businesses
Following the European Commission’s green light to EU Member States allowing for fiscal rules to be flexed to accommodate additional spending in…
Greeks set to face heavy fines if they don’t spend 30 per cent of their income electronically
Greeks will be hit with a hefty fine if they do not spend almost a third of their income electronically in an…
Moody’s downgrades UK’s credit outlook
Leading ratings agency Moody's has signalled it is poised to downgrade the credit rating on Britain's government debt, warning that Brexit has…
Jail terms for 13 bankers over Monte Paschi scandal
Thirteen former bankers from Monte dei Paschi di Siena, Nomura and Deutsche Bank were sentenced to jail on Friday after a case…
Billionaires’ wealth falls for the first time in a decade
The world’s richest people became a little less well off last year, according to a report by UBS and PwC, as geopolitical…
Bank of England split on rates as it warns Brexit deal would hit growth
The Bank of England has warned that weak global growth and trade barriers created by the government's Brexit deal will hit the…
Banks, funds propose shorter trading day in Europe
Banks and fund managers want the European stock trading day shortened by 90 minutes in a radical move they say would improve…
Malta registers €48.9 million surplus compared to €296.3 million surplus in the comparable quarter of 2018
Provisional figures for Malta’s external transactions show that during January-March 2019, the current account balance recorded a surplus of €48.9 million as…
Facebook sets eyes to become world’s leading ecommerce platform as it launches its cryptocurrency on Tuesday
Wall Street analysts are eagerly anticipating Facebook’s possible unveil of its long-awaited cryptocurrency payments plan on Tuesday. According to various reports the…