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BUSINESS TODAY 17 November 2022

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€1.50 THURSDAY 17 NOVEMBER 2022 • ISSUE 181 WWW.BUSINESSTODAY.COM.MT PAGE 7 PAGES 10 & 11 PAGE 3 Council of the EU agrees on mandate on economic anti-coercion rules UK inflation jumps to 41-year high of 11.1% 'A Class office and hospitality segments are our focus' PAUL COCKS EU member states Wednesday agreed on their negotiating position (mandate) on a regu- lation on the protection of the Union and its member states from economic coercion by third countries (Anti-Coer- cion Instrument - ACI). This will be a new instru- ment in the EU's toolbox of autonomous instruments with the aim of deterring third countries from targeting the EU and its member states with deliberate economic coercion. The instrument will allow the EU to defend itself better on the global stage through a large variety of response measures. "This new tool will serve as a deterrent and will counteract economic coercion by third countries in a time of rising geopolitical tensions," Jozef Síkela, Minister of Industry and Trade of the Czech Re- public, said. STAR PERFORMER MSE FTSE 100 EUR EXCHANGE RATES Trading Date: 16 Nov 2022 Number of Trades: 82 Turnover: € 1,384,575.61 MSE TRX Index: 7,512.27 Change: -0.023% Name: 5.25% CBC UNS BD MT0000881210 - Currency € Last Traded: 16 Nov 2022 Price 101.000 Change +0.500 US Dollar 0.98634 British Pound: 0.87357 Japanese Yen: 142.78 Australian Dollar: 1.5258 Swiss Franc: 0.97070 7,052.62 -33.84 7,086.46 / 6,977.95 Value Net variation High / Low -0.48% → direct Invest commission-free Get started Take control of your finances and start investing commission-free using our trading platform available on all devices and created with you in mind. 2557 4400 medirect.com.mt Oer is for a limited time only. Terms & Conditions apply. MeDirect Bank Malta plc, is licensed by the MFSA to oer investment services under the Investment Services Act (Cap. 370). Interview with Tonio Fenech, executive director of Von der Heyden Group, which has just launched a ten-year €35 million bond

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