Wednesday, October 15, 2008

Business & Finance


APS opens Qormi branch
APS Bank has opened a branch in St Bartholomeo Street, Qormi offering investment services and advice, home loans, personal loans, and overdrafts....

Stock market weekly round-up - Index up after 10 negative weeks - Jesmond Mizzi Financial Services Limited
The Malta Stock Exchange index appreciated by 0.14 per cent over the previous week as it closed at 4,134.099 points after 10 consecutive negative...

Daily currency report - Commercial Foreign Exchange Travelex Malta, freephone: 800 733 22, www.travelex.com/mt/
The sterling hit a seven-day high against the dollar and was also up versus the euro after surprisingly strong retail sales data. Elsewhere, the...

Financial news - Bank of Valletta p.l.c.
The end of week session at the Malta Stock Exchange was characterised by a wide trading activity, spread across nine equities for a total of 35...

Retail sales in UK post record jump - Reuters
Retail sales unexpectedly soared last month at their fastest pace in at least two decades as Britons splashed out on summer clothes and food,...

Northern Rock launches probe of former board - Reuters
The new management at Northern Rock, the mortgage bank nationalised in February, has launched an investigation to see if legal action should be...

Yahoo seen planning reorganisation - Reuters
Yahoo is considering a reorganisation to centralise its mail, search and homepage divisions into a global product organisation, the Wall Street...

Sony says no plans to buy back shares - Reuters
Japanese electronics conglomerate Sony Corp. has no plans at present to buy back its shares, the company's chief financial officer said, deflating...

Markets overview - European shares fall 1.6% to 14-week low close
European stocks slumped yesterday, hitting their lowest close since March 17, amid ongoing worries about the financial industry, high oil prices...

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