Category Archive: News
Malta’s comms sector continues surge
As Malta’s leading provider of communications and entertainment services, GO offers fixed line telephony, mobile telephony, broadband internet services and digital television, in addition to business-related services like data networking solutions, business IP services, and managed and co-location facilities. Although the company’s major market is Malta – the smallest member state of the EU, with […]
Online trading grows in MENA
In the past 10 years, conventional financial institutions in the MENA region have moved heavily to create an online presence for themselves. The online trading ‘tornado’ started to affect the MENA region early 2004. Since that time it has amazingly remodelled the financial industry. International and regional online brokerages, which first came into the scene, […]
CG drives healthcare sector
The Diagnostic and Therapeutic Centre of Athens Hygeia S.A. was established in 1970 in Greece by physicians, most of whom were professors at the University of Athens. Since 1975 it has operated in the primary and secondary healthcare services. In January 2006, Marfin Investment Group (MIG) acquired the company, and it became MIG’s investment arm […]
Leading the Polish recovery
With leading market positions and a strong operating performance, TVN Group has outperformed its peer group. The Polish advertising market is on track to return to its peak 2008 levels this year. As a result, TVN Group is well positioned to benefit from the further development and digitisation of the Polish media market. TVN Group […]
UK inflation: Should the bank tighten?
The Bank of England has had a torrid time of late, with inflation persistently overshooting its forecasts and a series of letters to the Treasury to explain why this has been the case. Independent analysis shows that nominal spending in the UK is rising and inflation has hit four percent. Cries can be heard from […]
Asian exchanges could miss M&A wave on regulation
Asia runs the risk of being left behind in the sudden wave of transatlantic stock exchange consolidation, given the tough regulatory regimes, cumbersome ownership structures and protectionist minded governments. The proposed tie-up between NYSE Euronext and Deutsche Boerse along with the London Stock Exchange’s move for Canada’s TMX Group has prompted talk the global exchange […]
India’s railways puff slowly to private sector reform
Tentative reforms and some eye-catching projects could herald a private sector-driven shake-up of India’s creaking railways, but deeper change is needed to tackle the supply bottlenecks that still crimp growth. Once seen as a shining legacy of the British Raj and still one of the world’s biggest employers, India’s rail network crams 18 million people […]
EU to present draft law curbing auditors
Auditing firms in the European Union face more competition and curbs on their activities to restore their “tarnished” image, the bloc’s financial services chief has announced. “One can no longer say ‘move on, there is nothing to see’ on audit issues,” EU Internal Market Commissioner Michel Barnier told a webstreamed hearing on auditing in Brussels. […]
LSE to buy Toronto bourse making $4trn exchange
The London Stock Exchange (LSE) is to buy Canada’s TMX to claw back lost market share and create the world’s fourth-largest bourse trading $4.1trn of stock a year. Shares in the LSE, first established in 1698, jumped nine percent as markets welcomed the all-share deal, and indicating a per share valuation for TMX of C$46.7, […]
UBS sees strong increase in new money in 2011
UBS said it expects to win back more money from clients in 2011 and has laid the foundations for a rebound in its investment bank as chief Oswald Gruebel turns around a bank almost felled by the crisis. UBS said it had seen improvement across all its businesses in the fourth quarter – with total […]
