Monthly Archives:  February 2015

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• Lloyds Returns to Annual Profit, Resumes Dividend Payment

  Full Story | 27th February 2015
  Lloyds Banking Group Plc, Britain’s largest mortgage lender, said it will resume dividend payments after reporting its first annual profit in five years.Net income was 1.5 billion pounds ($2.3 billion) compared with a 838 million-pound .

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• AmEx Said to Increase Rates for More Than 1 Mil Clients

  Full Story | 25th February 2015
  American Express Co., the lender that lost one of its biggest retailer partnerships and suffered a defeat in an antitrust lawsuit this month, is raising interest rates on a swath of credit cards for the .

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• Closing of Government stocks

  Full Story | 24th February 2015
  Due to the strong demands of the Malta Government bonds, the subscription was closed on February 23rd at 5.00pm after the amount of applications received from the public exceeded the amount on issue and the .

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• Greek Plan to Tackle Economy Goes Before Finance Chiefs

  Full Story | 24th February 2015
  Greece’s month-old government is about to find out whether a package of new economic measures sketched in recent days is enough to win more funding from the rest of the euro region to keep the .

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• Rolls-Royce Confirms Plans for Super-Luxury SUV

  Full Story | 19th February 2015
  Today, Rolls-Royce sent white-gloved chauffeurs in Phantoms around New York City to deliver letters announcing plans to build a sport utility vehicle (SUV), making good on hints dropped by Chief Executive Torsten Mueller-Oetvoes earlier this .

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• Apple’s Electric Car Dreams May Impact Auto Industry

  Full Story | 17th February 2015
  Before Apple Inc. decides to move ahead with its Project Titan project and build an electric car, the company may want to look at the menu of challenges that come with being in the automobile .

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• German Growth Surprise Driven by Domestic Demand

  Full Story | 13th February 2015
  German economic growth accelerated at the end of last year while France’s slowed, signaling that the euro-area recovery remained uneven as the European Central Bank prepared to pledge unlimited quantitative easing.German gross domestic product surged .

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• Malta Government Bonds- Pricing of New Stocks Announced

  Full Story | 13th February 2015
  The Government of Malta will be launching the first issue of Malta Government Stocks for the year 2015 as detailed hereunder:(a) 2% Malta Government Stock 2020 (V) FI, and(b) 3% Malta Government Stock 2040 (I), .

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• Greece Fails to Rattle Currency Traders

  Full Story | 11th February 2015
  As the conflict between Greece and its creditors escalates, the $5.3 trillion-a-day currency market suggests little angst about repercussions for the euro.Options prices show traders are the least concerned in six years about the euro’s .

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• BT Agrees to Buy U.K. Mobile-Phone Carrier EE for $19 Bil

  Full Story | 5th February 2015
  BT Group Plc agreed to buy British mobile carrier EE Ltd. for 12.5 billion pounds ($19 billion) to create a wireless and broadband giant set to shake up the country’s telecommunications industry.Orange SA and Deutsche .