Sunday, August 8, 2010

“Business & Finance”

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“Business & Finance”


Business & Finance

Posted: 08 Aug 2010 02:15 AM PDT

Sunday, August 8, 2010

Stories from The Sunday Times

Bulebel textile manufacturer wins Giorgio Armani contract - Joanna Ripard
Leisure Clothing Ltd (Malta), the island's only Chinese-owned textile manufacturer, has secured a contract with Giorgio Armani and is finalising...

Fimbank interim post-tax profit up
Fimbank Group plc has posted an interim post-tax profit of $3.39 million for the six months ended June 30, up from $2.92 million in the same...

MSPC to represent Malta's EU shipping industry's interests
The Malta Shortsea Promotion Centre, which was launched in November 2006 as the focal point for promoting and improving multimodal transport...

Izola Bank interim profits down slightly
Izola Bank plc, the Valletta-based subsidiary of the Van Marcke trading and manufacturing group of Belgium, has announced pre-tax profits of...

Island Hotels, Midi awarded prestigious Ruban d'Honneur
Island Hotel Group Holdings plc and Midi plc are among the 100 companies across Europe to receive the prestigious Ruban d'Honneur of the 2010...

Melita appoints senior staff,improves mobile coverage
Melita plc announced three new senior appointments last week. Ludolf Rasterhoff has been named chief operations officer, while Michael Darmanin...

File Trail partners 6pm to deliver solutions to UK health market
File Trail has secured a strategic partnership with 6pm, the IT solutions company, to deliver high-value and differentiated records management and...

Spatone supports Betfair Life Cycle Challenge participants
Serolf Trading, distributors for the Nelsons brand in Malta and bronze sponsors of the Betfair Lifecycle Challenge, have made a substantial...

HSBC Negozju card package for businesses
Around €12 million were transacted on HSBC cards issued specifically to businesses over the past year alone, the bank said last week. The...

MCA discusses distribution channels
Distribution channels, their challenges and opportunities came under the spotlight at the Malta Communications Authority's fourth eCommerce...

Med Bank acquires major shareholding in Charts Investment Management
Mediterranean Bank has completed the successful acquisition of 65 per cent of the issued share capital of Charts Investment Management Service...

Go sports TV open viewing weekend
This weekend, Go TV customers will be able to watch all the sporting action on Go Sports for free under the company's free open viewing period...

Vodafone micro-SIM
Vodafone has brought a new piece of technology to Malta: the Vodafone micro-SIM. This considerably smaller SIM card is used with the latest and...

Weekly market round-up - High demand for MGSs - Jesmond Mizzi
There was strong demand for last week's Malta Government Stocks issue as applications submitted by the public and financial institutions...

Weekly economic review - Rates unchanged - Bank of Valletta plc
In the eurozone, the European Central Bank (ECB) kept rates at a record low of 1%, as expected, and said it would only decide next month whether...

Leaders need to be 'up to something' - Joe Gerada
The economic and business environment is so unpredictable due to forces and variables at play, that one is often faced with opportunities and...

China faces dilemma in managing economy - AFP
China's central bank said last Thursday the nation's blistering economic growth would gradually level off, adding it faced a dilemma in how to...

German insurer Allianz says net profit plunged in Q2 - AFP
The German insurance giant Allianz said last Friday that its second-quarter net profit plunged by 45.6 per cent from the same period a year...

Southampton Boat Show
The Southampton Boat Show will be held between September 10 and 19 at Mayflower Park. One of the show's biggest attractions is a display of...

Paradise for sale or rent - AFP
Marlon Brando started it, Diana Ross and Nicolas Cage picked up the trend and Johnny Depp perfected it. The ueber-rich and famous often dream of...

China Unicom to finally roll out iPhone with Wi-fi - AFP
China Unicom, the only telecom operator offering Apple's iPhone in the world's largest mobile market, said last Friday it would start selling...

Fannie Mae loss shrinks to $3.1 billion - AFP
Troubled mortgage firm Fannie Mae said last Thursday it lost $3.1 billion in its second quarter, far less than the whopping $13.1 billion suffered...

Ambitious Hamburg project
Swiss architect Pierre de Meuron points out towards the overall view of Hamburg during a visit to the construction site of the Hamburg...

State-rescued Royal Bank of Scotland scrapes into profit - AFP
Royal Bank of Scotland, rescued by the taxpayer at the height of the financial crisis, scraped into profit in the first half of 2010, it said last...

US poised for key jobless report - AFP
The US government was due to release fresh unemployment figures last Friday, with Americans hoping for some sign that a limping economic recovery...

Spanish official unemployment eases further in July - AFP
The number of people unemployed in Spain, which has the highest rate in the eurozone, fell for the fourth month running in July as the tourism...

More than one million Toyota hybrid cars sold in Japan - AFP
Toyota Motor said last Friday its hybrid vehicle sales in Japan had topped the one million mark and worldwide it had sold 2.68 million of the...

New ETC job centre
The Employment and Training Corporation (ETC) is providing services from a new job outlet at the Birkirkara Civic Centre in order to increase...

World's largest poker operator to host series of events
The Portomaso Casino has reached an agreement with leading poker operator Pokerstars to host a series of international events. The first, the...

Extended opening hours at Lidl
Lidl will be extending its opening hours from tomorrow to next Saturday at its five stores in St Venera, San Ġwann, Żejtun, Safi and Luqa....

Hong Kong's richest man Li Ka-shing vows to donate more - AFP
Hong Kong's richest man said last Thursday he would donate more generously to charities, but stopped short of following the 40 US billionaires...

Google phones unseat Blackberry as US top sellers - AFP
NPD Group last Wednesday reported that smartphones running on Google-back Android software unseated Blackberry devices as top-sellers in the US...

Watchers fear Google compromise on 'net neutrality' - AFP
Online freedom advocates fear that Google is changing allegiance in the battle to stop internet service providers from giving preferential ...

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