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Business

  • Encountering delivery problems

    Encountering delivery problems

    Consumers may encounter various kinds of problems when ordering goods to have them delivered to their house. One of these problems could be that the goods delivered do not match what was ordered. By law, traders are obliged to deliver goods that...

  • A career in real estate

    Century 21 Zenith Realty is geared to support, encourage and motivate property consultants to maximise their productivity. The company offers the structures necessary to help its team successfully service a bigger market share that will contribute...

  • Need to cancel playpen order

    Need to cancel playpen order

    Q: A few days ago, I went to a baby shop to buy a playpen. The model I liked was out of stock but the salesperson said that new stock would arrive in two weeks. In order to avoid disappointment, I decided to place a €40 deposit to reserve one. The...

  • 18 property associates are Succeed certified

    18 property associates are Succeed certified

    Eighteen Re/Max associates have been Succeed certified during a presentation ceremony held at the Hilton Malta, St Julian’s, for a new group of sales associates. Re/Max Malta CEO Kevin Buttigieg said Succeed was a foundation training course...

  • Wine ordered unavailable

    Wine ordered unavailable

    Q: We ordered drinks for our wedding from a local wholesaler. About two weeks ago, we met with the trader and, after confirming the brand of wine we would be getting, we were told that the wine we chose was not available so we needed to choose...

  • Malta eSports Festival

    This year’s Malta eSports Festival 2015, an event powered by the Malta Tourism Authority, will be supported by recruitment agency Vacancy Centre. Described as one of the biggest gaming events in Malta, the festival will be held within a 700 square...

  • Weekly consumer advice

    • Traders are obliged to deliver goods that are as described and agreed to during the sale. • The trader must pay the transport costs of the wrong items. • When goods are delivered with missing items, the trader must be notified immediately. •...

  • Grexit struggle testing Germany’s power duo

    Grexit struggle testing Germany’s power duo

    On July 17th, her 61st birthday, Angela Merkel stepped to the podium in the Bundestag and urged German lawmakers to approve a new round of bailout negotiations with Greece, warning of “chaos and violence” if Athens were pushed out of the...

  • MIA shares reach new high

    The Malta Stock Exchange index halted its on-going winning streak as it declined by one per cent after registering nine consecutive weeks of gains, to close the week at 4,116.226 points. Activity was spread across 16 equities of which nine gained...

  • Wall Street slumps but Amazon up

    Wall Street was lower in early afternoon trading yesterday for the fourth straight day as a fall in materials and health stocks and a fall in commodities overshadowed strong results from Amazon, Visa and Starbucks. Amazon.com shares jumped as much...

  • Eurozone business growth wanes at start of second half

    Eurozone business activity started the second half on a less secure footing than expected, even with continued price cutting, as euro weakness failed to boost export demand, a survey showed yesterday. The purchasing managers’ index (PMI), one of...

  • 6,000 jobs at risk in Lonmin restructuring

    6,000 jobs at risk in Lonmin restructuring

    Platinum producer Lonmin is planning to close or mothball several mine shafts in a bid to survive plunging prices, putting 6,000 South African jobs at risk and sending its shares to a historic low. The platinum sector has been under huge stress,...

  • Daily currency report

    The US dollar weakened across the board, hitting one-week lows against the euro. Listless summer trade combined with little news on the US economy this week has caused the dollar to consolidate a rally that had taken it earlier this week to...

  • GO share price plummets 10% over majority shareholder's exit plans

    GO share price plummets 10% over majority shareholder's exit plans

    GO plc’s share price slipped 10% during today’s session of the Malta Stock Exchange to close at the €3.15 level across 23 deals totalling 41,861 shares. This followed yesterday’s announcement that the company’s majority shareholder, Emirates...

  • Turk Telekom- looking past short term challenges

    Turk Telekom is a large Turkish telecom conglomerate controlling a number of companies with distinct specializations (broadband, mobile services, TV etc); the parent company on the other hand is the incumbent fixed line operator. Turk Telekom has...

  • Building a stronger European economic and monetary union

    Last week’s contribution focused on the so-called five presidents’ report, which is actually entitled Completing Europe’s Economic and Monetary Union. It is referred to as the five presidents’ report as it was penned by Jean Claude Juncker, the...

  • Japan's Nikkei buys Financial Times in $1.3 billion deal

    Japan's Nikkei buys Financial Times in $1.3 billion deal

    Japanese media group Nikkei agreed yesterday to buy the Financial Times from Pearson in an £837 million deal that brings together two leading financial news operations from Europe and Asia. The deal marks the biggest acquisition by a Japanese...

  • HSBC to agree sale of Turkish unit to ING for around $750m

    HSBC to agree sale of Turkish unit to ING for around $750m

    HSBC is set to agree to sell its Turkish business to Dutch lender ING Group for around $700 million-$750 million in the next few days, two people familiar with the matter said. HSBC, the 12th-largest bank in Turkey, is selling the money-losing...

  • Job insecurities impair Spain’s labour rebound

    Job insecurities impair Spain’s labour rebound

    Eric Martin, a freelance property agent, also drives trucks and sometimes moonlights as a football referee. After more than 10 years of odd jobs, he has still not landed the one thing he really wants – a permanent contract, in any position. The...

  • Wall St drops for third day, dollar cuts losses

    Disappointing results and other news from corporate bellwethers knocked down US and European equity prices yesterday, while strong American labor market data helped the dollar narrow losses. Oil prices declined, with US crude dropping below $49...

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