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  • HSBC Malta Foundation holds challenge in aid of L-Istrina, WaterAid Ghana Project

    L-Istrina and WaterAid Ghana Project will be the beneficiaries of a fundraising triathlon organised by the HSBC Malta Foundation, involving some of Malta’s leading athletes, to be held next Sunday. HSBC Bank Malta staff members, together with HSBC...

  • Airline delays and freak events

    Airline delays and freak events

    When flights are delayed for more than two hours, air passengers are entitled to care and assistance by the airline. In the first instance, passengers must be offered refreshments and the possibility of making two telephone calls or send faxes or...

  • Malta’s Everest team present memorable photo to Express Trailers

    Malta’s Everest team present memorable photo to Express Trailers

    Three members from the Everest Challenge 14 team presented an enlarged photo taken on Mount Everest, showing Express Trailers’ flag and model truck on the mountain’s snowy slopes. The photo, showing Gregory Attard holding an orange model truck and...

  • Defective sofa query

    Q: About 12 months ago, we bought a genuine leather sofa from a local shop. Two weeks ago, we noticed that the seam underneath the armrest tore and the leather has split upwards. We are 100 per cent sure that we did not cause the damage by any...

  • Office solutions at Fino

    Office solutions at Fino

    A range of Della Valentina office solutions are on display at the Fino showroom in Mrieħel. Wooden flooring, as well as different finishes, including light and dark oak, walnut, maple, white or grey, are also available. Office chairs come in a...

  • Commercial guarantee

    Q: I just bought a bed and a mattress from a local seller. During the sale, I was promised a five-year commercial guarantee but nowhere on the receipts or purchase order do I have it written. When I asked for some kind of proof of the guarantee, I...

  • Emirates seeks to recruit cabin crew

    Emirates seeks to recruit cabin crew

    Candidates can now apply online at www.emirates.com/careers if interested to join the airline’s cabin crew team. A recruitment team will be assessing online applications and those shortlisted will be invited by appointment to meet the team for...

  • Weekly consumer advice

    • Goods purchased must be as described by the trader. • Goods purchased must be fit for the purpose for which goods of the same type are normally used, and for which the consumer requires them and made known to the trader. • Goods purchased must...

  • The billion-dollar fall of the house of Espirito Santo

    The billion-dollar fall of the house of Espirito Santo

    On June 9, with his 150-year-old Portuguese corporate dynasty close to collapse, patriarch Ricardo Espirito Santo Salgado made a desperate attempt to save it. Salgado signed two letters to Venezuela’s state oil company, which had bought $365...

  • Index gains as banks move higher

    The Malta Stock Exchange index closed higher for the first week in four as banking equities closed in positive territory. The positive sentiment surrounding the two major banks influenced seven other equities to close higher while five closed in...

  • Stocks and bond yields rise as ECB is seen on hold

    Global equity markets rose on a fresh round of strong US economic reports yesterday, while German bond yields edged up from record lows as expectations that the European Central Bank would ease monetary policy next week faded. Although eurozone...

  • Eurozone inflation dips in August

    Eurozone inflation dropped as expected to a fresh five-year low in August, data showed yesterday, but it was not likely to force the European Central Bank into immediate policy intervention next week. Consumer prices in the 18 countries using the...

  • UK banks forced to reopen 2.5m loan insurance mis-selling cases

    UK banks forced to reopen 2.5m loan insurance mis-selling cases

    Britain’s financial regulator said banks and other financial services companies had agreed to reopen two-and-a-half million loan insurance mis-selling complaints from 2012 and 2013 to make sure fair compensation was paid. The Financial Conduct...

  • Italy’s triple-dip recession confirmed as deflation looms

    Italy’s economy contracted in the second quarter as a drop in investments dragged the country back into recession, with falling consumer prices suggesting it also risked being sucked into a deflationary spiral. The figures underscore the...

  • Weekly currency report

    The week got off to a slow start with UK markets closed on Monday for a public holiday. Trade in currency markets heated up quickly as investors continued to digest comments at the end of the prior week from ECB’s Mario Draghi and the Federal...

  • RS2 Software reaches new all-time high

    RS2 Software reaches new all-time high

    The share price of RS2 Software plc advanced by 1.1% to a fresh all-time high of €2.75 across seven deals totalling 33,502 shares on the MSE today. Today’s rise followed the publication of the 2014 interim results which  showed the increasing...

  • An imbalance in the EU

    The European Union member states and, more specifically, the eurozone, are faced with a number of economic imbalances. The most notable ones are fiscal imbalances and external imbalances. However, the imbalance which I am referring to in the title...

  • Top 10 investment banks’ revenue falls 5%

    Top 10 investment banks’ revenue falls 5%

    Revenue at the world’s 10 largest investment banks fell five per cent in the first half of the year, as continued weakness in fixed income trading departments outweighed a strong rebound in advisory services on deals, new data showed...

  • The EU’s war of the cheeses

    Ten points to whoever knew that feta is not only a cheese made in Greece. Yes, that’s right, feta is not just Greek. The French, Germans and Danes also have a long history and tradition of producing feta cheese. This is the wonderful world of...

  • Stock and bond yields down as Ukrainian crisis escalates risks

    Stock markets around the world fell yesterday after Ukraine said Russia moved more troops into the country, escalating the risk of the region’s crisis spreading, as nervous investors shifted money into gold and US and German government bonds. The...