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Business

  • Misleading and aggressive trading practices

    Trading practices are selling methods traders use to promote products and services they have for sale, therefore trying to convince prospective customers to buy. These practices are regulated by Section VII of the Consumer Affairs Act. The legal...

  • The Economist Business Roundtable

    Former Italian prime minister and European Commissioner Mario Monti (centre) with, from left, Nathalie Camilleri Sultana, Franco Aloisio, Kevin Rapinett, HSBC Malta chairman Sonny Portelli, Deputy Prime Minister Louis Grech, Michel Cordina, James...

  • Regulations on registration of existing and new elevators

    The Inspection of Lifts Regulations apply to existing and new lifts. The first refers to a lift that has been installed and put into service before July 1, 2002, and the latter applies to lifts installed and put into service from July 1,...

  • Emirates Skywards adds Europcar to its partners

    Emirates Skywards, the frequent flyer programme of Emirates Airline, has partnered with Europcar, a leading rental services company in Europe. Europcar operates one of the world’s largest car rental networks and is winner of the Middle East’s...

  • Can I claim a cash refund?

    Q: I bought an appliance with a two-year guarantee but after a year it broke down. I returned it to the shop and was told it was beyond repair. The seller could not replace it with a new one because the model I had purchased is no longer in...

  • The Blacklist launches on Go Stars

    American crime drama The Blacklist is now being broadcast on Go Stars. The show, which has been a huge hit in the US, features James Spader as former government agent Raymond ‘Red’ Reddington, who has eluded capture for decades but suddenly...

  • Weekly consumer advice

    • Consumers should be provided with all the information they need to make free and well-informed buying decisions. • A misleading trading practice misleads consumers either through false information or missing information. • Aggressive commercial...

  • BOE director Haldane says big funds are ‘too big to fail’

    The world’s $87 trillion asset management industry is getting riskier and echoes some of the “too big to fail” risks already being addressed at banks, Bank of England director of financial stability Andy Haldane said yesterday. In a speech likely...

  • Fed’s Fisher bashes US politicians for slowing down economic growth

    Political gridlock is slowing US economic growth, impacting the confidence and budgets of businesses across the country, a top Fed official said in Hong Kong yesterday. Dallas Federal Reserve Bank president Richard Fisher took a swipe at US...

  • Index recovers with 1.06 per cent gain after six consecutive weeks of decline

    The Malta Stock Exchange managed a 1.06 per cent gain after six consecutive weekly declines, to close the four-day trading week at 3,460.161 points. Activity during the week was spread across 13 equities, of which six advanced, four fell in value...

  • Europe shares extend rally

    European stocks rose yesterday, boosted by M&A fever in construction, speculation about further stimulus by the European Central Bank and US jobs data that suggested a solid pace of hiring for a second month in a row. Shares in Lafarge surged 8.9...

  • Daily currency report

    The European Central Bank announced policy would be left unchanged, but went on to say that it was in the process of developing a quantitative easing programme. The dynamics of diverging policy action helped European exporters as they watched the...

  • MSE Share Index slumps on declines in IHI, GO

    The equity of International Hotel Investments plc dropped by 6.4 per cent during this morning’s session back to the 78c5 level on a single deal of just 718 shares. Similarly, the share price of GO plc trended one per cent lower back to the €1.95...

  • Being serious about SMEs

    The Chancellor of the Exchequer of the UK, George Osborne, last week stated that his target was to achieve full employment. Earlier on this week, the new Italian Prime Minister, Matteo Renzi, stated that it was unacceptable to have an unemployment...

  • ECB is ready to act if ‘lowflation’ lingers too long

    The European Central Bank is ready to deploy anything in its monetary policy toolbox if inflation stays too low for too long despite keeping interest rates steady yesterday, its president said. The ECB held its main interest rate at a record low...

  • Euro slips on ECB comments as stocks take a dip

    The euro fell yesterday after the European Central Bank pledged to use unconventional measures if needed to battle low inflation, and a global gauge of stocks dipped after touching a six-year high. Brent crude rallied more than one per cent,...

  • Scottish currency could cost firms an extra £1 bn

    Independence could burden Scottish companies with more than £1 billion of extra costs, a report commissioned by local engineering firm Weir Group said yesterday, adding fuel to the business case against a split. The 80-page report researched by...

  • Price cuts aid Q1 growth for eurozone businesses

    Eurozone businesses started 2014 with their best quarter in three years, but buoyant growth came at a cost as they slashed prices to drum up trade, which could further stoke deflation fears. The Composite Purchasing Managers’ Index, which compiler...

  • Daily currency report

    If the European Central Bank declines to take action for another month in the meeting, the chances for reaching 1.40 against the US dollar are heightened rather quickly. Prior to the ECB announcement, PMI services data will be released alongside...

  • MIA hits another all-time high

    The share price of Malta International Airport advanced to another new all-time high of €2.30 representing a minimal increase over yesterday’s closing price. Just over 2,000 shares changed hands today. The airport operator is shortly expected to...

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