Stocks fly as company profits, econ data encourage
* Q2 profits largely positive
* U.S. existing home sales also boosts sentiment
* U.S. new jobless claims rise in line with expectations
* French business confidence improves
* UK retail sales rise
Reuters 24 July 2009
Shares in Asia rose overnight, buoyed by upbeat results from the US which renewed hope for economy recovery.
Sales in UK shops shot up 1.2% in June following a sharp fall in May as hot summer weather boosted clothing purchases, official figures show.
Microsoft has reported disappointing results for the April to June quarter, with profits down by almost a third.
BBC Business 24 July 2009
Very hot in Malta with temparatures to hit 40 degrees over this weekend.
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