Saturday, July 5, 2008

Business & Finance


Beauty is really in the eyes of the beholder
In a bid to dispel the myth of a picture-perfect body, Dove launched its Campaign for Real Beauty, a global effort intended to serve as a starting...

Daily currency report - Commercial Foreign Exchange Travelex Malta, freephone: 800 733 22, www.travelex.com/mt/
The pound rallied against both the euro and the US dollar after higher than expected wholesale price inflation prompted speculation that the Bank...

Financial news - Bank of Valletta p.l.c.
The MSE Index lost 0.3 per cent to close 4,451 points during yesterday's trading session at the Malta Stock Exchange. This drop was fuelled by...

UK housing downturn gathers pace - Reuters
House prices suffered their most widespread decline across Britain for 30 years and retail sales fell for a second consecutive month, last month,...

Market overview - European stocks edge lower - Reuters
European equities ended slightly lower yesterday, as signs of resilience in US retail sales was not enough to eclipse inflation fears that hit UK...

EU and US address protectionism, commit to trade - Reuters
Top EU and US officials, seeking to counter "protectionist sentiment," said yesterday security concerns should only be used to curb...

TUI Travel buoyed by strong summer 2008 trading - Matthew Scuffham, Reuters
TUI Travel, Europe's biggest travel firm, said demand for summer holidays remained strong as it reported a lower first half loss, sending its...

Inflation in UK leaps to three per cent in April - Reuters
Soaring food and fuel bills pushed up the inflation rate by its biggest amount in nearly six years, further denting expectations of interest rate...

IEA cuts world oil demand forecast - Reuters
World oil demand will rise less than expected this year because of record prices and slower growth in the US and elsewhere, the International...

Terra Firma set to cut more EMI jobs - Reuters
Terra Firma, the private equity owner of EMI, plans to cut more jobs at the music company, a source familiar with the situation said...

High food prices may help African agriculture - OECD - Reuters
Higher global food prices could make farms more productive in Africa, where economic growth should accelerate this year, the Organisation for...

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