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  • One-year warranty expires

    Q: In December 2016 I purchased a mobile phone of a specific brand from a local shop. A few days before the one-year warranty expired, the it developed a fault and I took it to the brand’s repair centre. I immediately expressed my concern about...

  • Who should provide me with a remedy?

    Who should provide me with a remedy?

    Q: I purchased a part for my car from a local car seller. I took this part to my mechanic to install it but after doing so the part did not function as it was meant to. I therefore went back to the seller to report the defective part. The seller...

  • FIMBank, Trident top list of gainers

    The MSE Equity Total Return Index returned to positive territory as it advanced by 0.42 per cent. A total of 18 issues were active during the week of which eight ticked higher while six were a drag on the index. The most notable positive movers...

  • Italy’s election pledges are a debt time bomb, economists warn

    Italy’s election pledges are a debt time bomb, economists warn

    “Every promise is debt – think about it,” screams the message below a huge, ticking ‘debt clock’ that greets passengers at the main train stations in Rome and Milan. The digital clocks, installed by a think tank, update Italy’s €2.3 trillion debt...

  • Top banks’ 2017 commodities revenue drops 42 per cent to lowest since 2006

    Commodities-related revenue at the 12 biggest UK investment banks fell by 42 per cent last year to its lowest since at least 2006, a report by financial industry analytics firm Coalition said yesterday. Revenue from commodity trading, selling...

  • Steve Wozniak in Malta

    Gaming Innovation Group (GiG), one of the island’s biggest iGaming employers, will host co-founder of Apple and legendary Silicon Valley tech wizard Steve ‘Woz’ Wozniak in Malta at an event celebrating the company’s five-year anniversary. GiG’s...

  • Renault posts record earnings

    French carmaker Renault posted record sales and profit for 2017, bolstering chief executive Carlos Ghosn’s position in the face of government demands for a clearer succession plan and deeper integration with alliance partner Nissan. Renault said...

  • Stocks set for best week in six years as dollar climbs

    Global stocks rose yesterday and were set for their best week in six years as strong corporate earnings offset concerns about rising inflation and interest rates, while the US dollar edged higher from a three-year low against major currencies. US...

  • Malicious cyber activity cost US up to $109bn in 2016

    Malicious cyber activity cost US up to $109bn in 2016

    Malicious cyber activity cost the US economy between $57 billion and $109 billion in 2016, the White House Council of Economic Advisers estimated in a report on Friday. The report quoted the US intelligence community as saying the main foreign...

  • Family business seminar being organised by BOV

    Family business seminar being organised by BOV

    Bank of Valletta will be hosting an event for family businesses at the Malta Maritime Museum, Vittoriosa on Thursday February 22. “One of the major challenges that family businesses face is planning for succession. Family and business interests...

  • MSE Equity Price Index posts 4-day positive streak

    The MSE Equity Price Index trended higher for the fourth consecutive day as it added a further 0.1% to 4,481.908 points, reflecting the gains in the share prices of Lombard (+1.7%), Trident (+1.5%), MIA and MPC (+0.4%). Meanwhile, seven other...

  • MSE Equity Price Index posts 4-day positive streak

    MSE Equity Price Index posts 4-day positive streak

    The MSE Equity Price Index trended higher for the fourth consecutive day as it added a further 0.1% to 4,481.908 points, reflecting the gains in the share prices of Lombard (+1.7%), Trident (+1.5%), MIA and MPC (+0.4%). Meanwhile, seven other...

  • India police widens probe into $1.8 billion bank fraud

    India police widens probe into $1.8 billion bank fraud

    Indian investigators raided the offices of jewellery retailer Gitanjali on Friday in a widening probe into a $1.77 billion loan fraud at state-run Punjab National Bank, the biggest bank scam in the country's history. The case is centred around...

  • Apple co-founder to speak at GiG anniversary event

    Apple co-founder to speak at GiG anniversary event

    Gaming Innovation Group (GiG) will host co-founder of Apple and legendary Silicon Valley tech wizard Steve ‘Woz’ Wozniak in Malta at an event celebrating the company’s five-year anniversary. GiG’s annual employee conference, ‘Gigsters Connect’,...

  • The low interest rate environment

    The low interest rate environment

    Over the past years, the wave of economic weakness, primarily following the recession way back in 2008, has led major Central Banks to take action by deploying certain measures in an attempt to trigger an economic recovery. To this extent,...

  • The sweet smell of private initiative

    The sweet smell of private initiative

    It is generally recognised that the success of most economies depends on the level of private initiative. The extent of private initiative in an economy is a reflection of the extent of democratisation of an economy. It is also recognised that...

  • IBM lawsuit casts diversity in starkly competitive terms

    International Business Machines Corp’s insistence in a new lawsuit that its efforts to recruit and maintain a diverse workforce are trade secrets bucks a trend towards transparency and highlights how companies can see the issue in competitive...

  • Make vision count

    Make vision count

    Class Optical Ltd, in association with the Maltese Association of the Sovereign Military Order of Malta (MASMOM), recently presented a number of asylum seekers with a pair of spectacles. The event marked the company’s annual corporate...

  • Google’s app network quietly becomes huge growth engine

    Google’s app network quietly becomes huge growth engine

    Google makes ads show up in more smartphone apps than any other technology company. That is the core of a resurgent business for parent Alphabet Inc. Google’s ad network unit has posted three straight quarters of year-over-year double-digit sales...

  • Lloyds axes £100bn Standard Life Aberdeen contract

    Lloyds axes £100bn Standard Life Aberdeen contract

    Lloyds Banking Group and Scottish Widows have axed a £100 billion asset management mandate with Standard Life Aberdeen, citing competition issues triggered since the fund managers merged last year, the bank said yesterday. SLA currently manages...