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  • World Cup 2018: Belgium score eight against Estonia, Ronaldo nets two for Portugal

    Belgium enjoyed an eight-goal rout in World Cup qualifying on Sunday, and Cristiano Ronaldo managed just two — and missed a penalty — as Portugal also won.Belgium, which beat Estonia 8-1, and Switzerland extended their perfect starts to join Germany as the only European teams with four straight wins on ...

  • New Malta McDonald's restaurant among Premier Capital's new €50 million investments

    Premier Capital plc to invest €50 million in new stores in three years, including a new McDonald's restaurant in Malta. Premier Capital plc, the McDonald's division of Hili Ventures, is to invest €50 million in its six-country restaurant network between next year and 2019. The investment will cover the opening of 24 ...

  • Minister Mallia lists Malta’s success in digital economy, 300 free Wi-Fi hotspots by end of year

    Minister for Competitiveness and Digital Economy, Manuel Mallia said that this industry is such a success thanks to important pioneers but also thank to the vision. Quoting a DESI score (an index in the digital industry), the Minister said that Malta developed faster than the other EU countries in this ...

  • Editorial: Malta is the only EU country not in the anti-Isis coalition

    A full, three-hour long debate in the House on Thursday about the Budget vote for the Foreign Ministry did not tackle, except fleetingly, the elephant in the Chamber: Malta is the only EU country not in the anti-Isis coalition.According to the US State Department, the participants in the coalition are ...

  • McDonald’s developmental licencee Premier Capital launches 10-year €65 million bond issue

    Premier Capital plc, the McDonald’s division of Hili Ventures, has launched a €65 million bond issue maturing in 2026.The unsecured bonds, at a nominal value of €100 per bond issued at par, bear an annual interest rate of 3.75%.Premier Capital plc is giving preference to holders of the current €24.6 ...

  • McDonald’s Premier Capital plc launches €65m bond issue

    Premier Capital plc, the McDonald’s division of Hili Ventures, has launched a €65 million bond issue maturing in 2026. The unsecured bonds, at a nominal value of €100 per bond issued at par, bear an annual interest rate of 3.75 per cent. Premier Capital plc is giving preference to holders of the ...

  • Value of EU data market set to double to €111bn by 2020

    The value of the data market in the EU today is €50bn, but by 2020 it will rise to €111bn, European Commission Vice President Andrus Ansip told The Malta Independent on Sunday during an interview.Commissioner Ansip, who holds overarching responsibility for the implementation of the Digital Single Market, declared himself ...

  • National team kick off campaign in Andorra

    The Maltese national team face Andorra in an international match in La Vella this evening (kick-off: 18.00), as they start their commitments in a revamped European Championship. This will be the first outing for Damien Neill’s men in the qualifying phase of the tournament following the introduction of a new format ...

  • Chamber of Commerce ‘far from happy with energy rates’

    The Malta Chamber of Commerce, Enterprise and Industry is far from happy with the current situation with regard to energy rates.It was reacting to media reports in which the Prime Minister said that it is only the Nationalist Party leader Simon Busuttil who expected a cut in the price of ...

  • Budget 2017 reactions: Commendations and regrets

    Reactions to the presentation of the budget have been made by constituted bodies, unions and other organisations.Malta Chamber of Commerce, Enterprise and IndustryThe Malta Chamber of Commerce, Enterprise and Industry noted the underlying priorities of the 2017 Budget Speech, namely, fiscal consolidation, strong economic growth and better living standards for ...

  • Capping the humanitarian segment, ECOSOC adopts text urging better protection of people trapped in crisis, aid workers

    Source: UN Economic and Social Council Country: Iraq, Syrian Arab Republic, WorldBy the resolution, the Council condemned all attacks and threats humanitarian personnel, expressing deep concern at the consequences of such attacks for the provision of aid.ECOSOC/6778 2016 Session, 33rd & 34th Meetings (AM & PM) Economic and ...

  • SELL signals

    Another blissful day in the euro zone HAS the euro crisis dissuaded other countries from adopting the single currency? Not a bit of it. Since 2009, when euro-zone GDP shrank by 5%, four countries—Slovakia, Estonia, Latvia and Lithuania (let’s call them the “SELLs”) have joined. Their experience suggests that the euro ...

  • Chinese group joins race to buy Baltic Exchange

    LONDON: State-run conglomerate China Merchants Group has made an informal bid to buy London's Baltic Exchange, becoming the latest contender for the business that has been the hub of the global shipping market for centuries, two sources told Reuters.

  • Blame less trading for freight shipping’s harsh decline

    In a sign that the global economy is cratering, the Baltic Dry Index — the main sea freight index, tracking rates for ships carrying dry bulk commodities — extended its record decline last week on concerns that demand was falling fast. The index is a barometer for the health of ...

  • Permafrost

    THE harbour may be frozen, but that does not stop a ferry with a few intrepid tourists on board from making its way through the ice to Suomenlinna, a former fortress and popular sightseeing spot near Helsinki. Finns, whose country stretches from the Baltic Sea to the Arctic, are inured ...

  • Baltic index sinks as trade dries up

    Sparks fears of vessels being docked for want of business

  • Shipping’s globalisation woes

    For sign of how the tectonic plates of the global economy are shifting, look at the Baltic Dry Index

  • Picnic for the bears

    GLOOM seems to have descended at the start of 2016. Equity markets have had the worst start to the year in at least two decades. The great and the good have queued up to warn of the dangers ahead. George Soros, a fund manager, said the Chinese financial environment reminded him ...

  • More bad news for ocean trade

    Baltic Dry Index plunges to new low; there could be a strong aversion to long-term deals

  • New low on Baltic Dry Index could bring Indian Ocean trade to a halt

    A fresh low of 402 levels on the Baltic Dry Index (BDI) today (Jan12) may bring trade across the Indian Ocean--Asia Pacific market virtually to a standstill on the back of postponement of trade contracts and strong aversion to get into long-term ...

  • Fresh low on Baltic Dry Index could bring Indian Ocean trade to a standstill

    Postponement of trade contracts, aversion to long-term deals high among charterers

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