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Malta Time

  1. Volkswagen considers suing its former CEO over dieselgate scandal
    Volkswagen is reviewing whether to seek damages from former Chief Executive Martin Winterkorn, who was at the helm when it emerged the carmaker had cheated on emissions tests, supervisory board member …
  2. MSE return index back in positive territory
    Following a marginal decrease last week, the MSE Equity Total Return Index was back in the black as a 0.253 per cent gain was registered, to close at 8,655.699 points. Turnover was less than half of t …
  3. French business activity stronger than expected in June
    French business activity perked up unexpectedly in June as a stronger than expected service sector made up for a softer manufacturing sector, a survey published on Friday showed. Data compiler IHS Mar …
  4. Italy euro exit would solve problems but not government’s plan – League lawmaker
    Italy’s exit from the single currency would solve many of the country’s problems, but it is not part of the current government’s plans, a top lawmaker in the far-right League party said in an intervie …
  5. OPEC agrees hike in oil supply after Saudi and Iran compromise
    OPEC agreed on a modest inc-rease in oil production from July after leader Saudi Arabia persuaded arch-rival Iran to cooperate following calls from major consumers to help reduce the price of crude an …
  6. MIDI share price surges to highest level since IPO
    The MSE Equity Price Index added 0.17% to a one-week high of 4,382.607 points, reflecting the gains in the share prices of MIDI, Trident and GO which outweighed the declines in Tigne’ Mall and Malita. …
  7. Trump threatens 20% tariff on EU cars
    US President Donald Trump threatened to impose a 20 per cent tariff on all European Union-assembled cars coming into the United States, a month after the administration launched an investigation into …
  8. Oil up 3 per cent as Opec agrees to raise output
    Oil prices rose almost 3 per cent on Friday as Opec agreed a modest increase in output to compensate for losses in production at a time of rising global demand. Benchmark Brent crude jumped $2.19 a ba …
  9. Brexit warning from Airbus to Theresa May
    Theresa May is facing calls to abandon her Brexit “red lines” after aerospace giant Airbus warned it could pull out of the UK with the loss of thousands of jobs if Britain crashes out of the EU withou …
  10. Stock Exchange increases revenue, cuts costs
    2017 was another record year for the Malta Stock Exchange having posted a 4.3 per cent increase in revenues and a cut of 2.3 per cent in operating expenses – the second straight yearly drop, which hel …