Saturday, July 4, 2009

Business & Finance

Go wins UK brand award
The Go brand has beaten some stiff competition to land a coveted award in the UK, Malta's quad-play telecoms company said. The company won the...

Story writing competition
Pampers have launched a Story Writing Competition entitled Once Upon A Time, Flexi The Caterpillar... Persons aged over 18 may submit a short...

Daily currency report - Commercial Foreign Exchange Travelex Malta, freephone: 800 733 22, www.travelex.com/mt/
The currency markets weighed heavily on the US dollar, as initially it reached fresh lows against the euro and the yen. There was some respite for...

Financial news - Bank of Valletta p.l.c.
The MSE Index closed slightly in positive territory yesterday, with gainers outnumbering losers on a three to two basis. Activity was relatively...

UK inflation hits nine-month high - Reuters
Inflation in UK hit its highest level last month in nine months as statisticians changed the way they calculate rocketing utility bills. The...

Court frees SocGen trader Kerviel pending probe - Reuters
A Paris court yesterday freed Jerome Kerviel, the trader accused of causing record losses at French bank Societe Generale, pending...

EU says received Northern Rock plan - Reuters
The European Commission said yesterday it had received the British government's plan for troubled mortgage lender Northern Rock in order to check...

Markets - European shares end up more than three per cent ahead of Fed - Reuters
European stocks jumped more than three per cent yesterday as hopes for a steep US rate cut and above-forecast results from Goldman Sachs and...

Wall Street turmoil ripples across Main Street - Reuters
Turmoil on Wall Street is pushing financial professionals to the therapist's couch, scaring them off power lunches and testing the mettle of small...

Debenhams profit in line - Reuters
Department stores group Debenhams said first-half sales fell more than expected and it sees the retail environment remaining tough, but its shares...

L&G profits drop, Britons live longer - Reuters
UK insurer Legal & General missed forecasts with a 26 per cent drop in last year's profit, hit by a £269 million charge as British life...

TUI Travel bookings strong - Reuters
Europe's biggest travel firm, TUI Travel said yesterday its key summer holiday bookings remained strong across the group and it was on track to...