After seeing a special offer advertising free sewing of curtains when drapes are purchased from a particular shop, a consumer decided to take up this offer and went to the shop to choose the drapes. The consumer chose the material she liked, which was...
• Sellers are only legally obliged to accept returns if the goods purchased are faulty. • When consumers change their mind or make a wrong buying decision, shops are only obliged to adhere to their promised return policies. • If we receive an unwanted...
Maltese-owned Mercury Holidays has scooped six awards at the prestigious British Travel Awards, further enhancing its reputation as one of the leading independent tour operators. Mercury received four highly-prized gold medallions in the medium-sized...
The EU’s data protection laws have long been regarded as the gold standard in the protection of personal data. Over the last 25 years, technology has transformed our lives in ways nobody could have imagined, so a review of the rules was needed.
BP will buy a 43 per cent stake in solar energy company Lightsource for $200 million, the British oil producer said yesterday, marking its return to the solar sector. The investment, a fraction of the approximately $17 billion that BP has spent in...
Uber’s food delivery business will begin offering an insurance package to its couriers in Europe. Riders for food-delivery companies such as Uber Eats and Deliveroo are typically self-employed and the firms have come under fire for how they treat their...
European Union Member States and legislators agreed yesterday on stricter rules to prevent money laundering and terrorism financing on exchange platforms for bitcoin and other virtual currencies, the EU said in a statement. The agreement is part of a...
The US dollar rose yesterday as Republican negotiators in the US Congress put the finishing touches on a sweeping tax overhaul, raising expectations that the bill would be passed by year-end. Representative Kevin Brady, chairman of the tax-writing...
Nominations open in January
Falcon Financial Management has no St Julian's office or Malta license
Territory seeking to boost activity with Brexit in mind
Inflation rose to 1.5%
Strike would have affected Italy on Friday, Ireland and Portugal later
Over the past months, bond investors continue to trend with caution their appetite for the fixed-income asset class, given the belief that 2018 will be a rate-rising environment. Thus, the question of where bond markets will be heading through 2018 is...
Brexit seen as risk
One of the functions of any government is to ensure price stability. This essentially means that inflation does not spiral out of control, rendering businesses uncompetitive and endangering social cohesion. Economists speak of the need to have a...
Wall Street’s top banks expect the Federal Reserve to raise US interest rates three times in 2018, matching the number of rate hikes this year and the central bank’s own outlook, as policymakers turned more upbeat on economic growth and the jobs...
Apple Inc.’s $390 million deal with chip supplier Finisar Corp. announced yesterday helps lock in the supply of a component that Apple believes will play a big role in its future products by bolstering augmented reality features. And because the parts...
China’s central bank yesterday nudged up money market rates as authorities sought to defuse financial risks without imperilling the economy, a balancing act that it has managed successfully so far this year as activity remained broadly steady. The...
World stock markets were little changed yesterday after policy meetings from major central banks in Europe, while some US shares were buoyed by news that the Republicans’ tax legislation could face final votes in Congress before year-end. MSCI's gauge...
Deal expected to be concluded in 12-18 months
Conservative policymakers say ECB moving too slowly
From 79%in 2014 to 81% in 2016
Move would affect rights to EU member states and third countries
Bitcoin and other cryptocurrencies are certainly making the news; just have a look at the Bloomberg’s news portal and a day will not go by without a headline on digital currencies. Actually, I do believe this is justified – Bitcoin is up 1,659% since...
Abe wants to convince companies to lift wages 3%
BNF Bank plc has announced the appointments of Adrian Coppini as chief operating officer and Maruska Buttiġieġ Gili as chief risk officer of the Bank. Mr Coppini joined BNF Bank plc, formerly Banif Bank (Malta) plc, at its inception. Leading the Bank’s...
There are three issuers within the maritime sector that have bonds listed on the Malta Stock Exchange. However, each of these companies are very different indeed since they operate within different areas of the wide-ranging maritime industry. It is,...
Bank of Valletta has dedicated the month of November to raise awareness about the Movember promotion. This promotion is a worldwide effort aimed at generating awareness about health issues that are particular to the men. Various initiatives were...
Global shares were within a whisker of a record high yesterday as markets traded on expectations of a third US interest rate hike this year and waited to hear from the Federal Reserve how many more are likely in 2018. Solid gains in Asia overnight had...
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