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  • Cooling-off period queries

    Q: We are a company that sells furniture to consumers online. We would like to know if the consumer’s right to cancel an online sale applies in these cases. 1. If an item is ordered specifically (not customised) for a client, does the 14-day...

  • BOV gives student Prize in Medicine

    BOV gives student Prize in Medicine

    Sarah Micallef is the winner of this year’s BOV Prize in Medicine. She was the student achieving the highest marks in the final MD qualifying exam in Internal Medicine at the Faculty of Medicine and Surgery of the University of Malta. Dr Micallef...

  • First Malta Architect Awards to take place next September

    Launched earlier this month by one of Malta’s leading business publishers and event organisers, the Malta Architect Awards are supported by the Planning Authority as primary sponsors and by the Jaguar brand. Jason Attard, managing director of iMNG...

  • Testing of LED lights – the current status

    EEPLIANT – testing of LED lights around Europe Check Check information on packaging for 138 models ✔ Check declaration of conformity for 138 models ✔ Carry out screen testing for 117 models ✔ Carry out full testing on 81 models In...

  • Weekly consumer advice

    • Holiday problems must be dealt with instantly. • Hotel problems from self-booked holidays must be addressed to the manager or owner of the accommodation. • Problems related to services purchased as part of a package holiday must be reported to...

  • Britain’s economy wilting fast

    Britain’s economy is shrinking, the broadest survey of business confidence since last month’s historic vote to quit the EU showed yesterday, piling pressure on new Prime Minister Theresa May’s government to soften the impact. However, Philip...

  • MIDI & IHI bonds over-subscribed

    During the week, International Hotel Investments plc (IHI) announced that more than €148 million subscriptions were received for the issue of the four per cent IHI plc Secured Bonds 2026, while MIDI plc received over €100 million for the four per...

  • Stocks dip on soft earnings, sterling drops

    World stock prices slipped modestly yesterday, while sterling dropped on bleak data that raised fears about a possible British recession following the country’s June 23 vote to leave the European Union. The key US S&P and Dow equity indexes were...

  • Eurozone business growing at weakest rate since 2015

    Eurozone business growth was at its slowest since the start of 2015 this month as a stronger performance in the two big economies of Germany and France was offset by weakness in smaller countries, a survey showed yesterday. While the survey result...

  • Vodafone says Germany, Spain and Italy drive sales growth

    Spain, Germany and Italy helped Vodafone to produce stronger than expected first-quarter sales growth despite a drag from EU roaming charge cuts and a weak home market. The world’s second-largest mobile operator said yesterday that Europe was...

  • Daily currency report

    The Euro was given very little direction after Thursday’s European Central Bank announcement, with President Mario Draghi announcing no changes to monetary policy and giving little signalling about potential stimulus at the September...

  • IHI drags the MSE Share Index lower

    IHI drags the MSE Share Index lower

    The MSE Share Index this morning extended yesterday’s decline by a further 0.24% to 4,465.797 points largely because of the drop in the share price of IHI which outweighed the gains registered in three other large companies – BOV, HSBC and RS2.

  • UK recession warning as economy shows dramatic deterioration after Brexit

    UK recession warning as economy shows dramatic deterioration after Brexit

    The UK economy has slumped at its fastest rate since the financial crisis in the wake of Britain's vote to leave the European Union, a report said. The closely-watched Markit Flash UK Composite Output Index plummeted to its lowest level since...

  • European earnings season ain’t ugly after all

    Companies continue to report results for the first half of this year and it seems the market was too conservative after all. Below are some blue chip European companies which reported results above expectations, paving the way for another good...

  • Technology and work

    Technology and work

    We have had two events in the last four weeks which we have seen develop in what people refer to as “real time”. The first was the result of the referendum held in the UK on the country’s membership of the EU and the second event was the attempted...

  • Samsung Electronics buys $449m stake in Chinese electric car firm BYD

    Samsung Electronics buys $449m stake in Chinese electric car firm BYD

    Samsung Electronics is to pay three billion yuan ($449 million) for a stake in Chinese automaker and rechargeable batteries firm BYD Co Ltd, the Chinese company said in a stock exchange filing yesterday. Automakers and technology companies have...

  • Unemployment in US hits three-month low

    The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting a three-month low as the labour market continues to gather momentum. Initial claims for state unemployment benefits slipped 1,000 to a seasonally...

  • ECB keeps low interest rates

    ECB keeps low interest rates

    The European Central Bank kept interest rates unchanged yesterday but left the door open to more policy stimulus, highlighting “great” uncertainty and abundant risks to the economic outlook. Signalling a readiness to act, ECB president Mario...

  • Global equity markets little changed but euro slips after ECB meeting

    World equity markets were little changed yesterday, with the key US Dow and S&P stock indexes hovering below record highs, while the euro fell, erasing earlier gains spurred by the European Central Bank’s decision to refrain from more stimuli. Oil...

  • Turkey, a new reality

    A few years back I was responsible for a fund that invested substantially in Turkey. It may seem odd, but back then, the country had arguably the most technologically advanced banking and telecommunications sectors in Europe. A workforce with the...