MUMBAI (Reuters) – The central banks of India, Malaysia, Thailand, Singapore and the Philippines are working together to start an instant cross-border retail payments platform by 2026, the Bank of International Settlements (BIS) said on Monday. BIS, dubbed the central bankers’ central bank, said it aims to link each country’s instant digital payment system — […]
Good morning and welcome to the A.M. Alert! LEGISLATURE RACES TO RECESS California lawmakers are facing a busy, tense three days before they leave Sacramento for a month-long summer recess. By the end of Wednesday, they will need to meet a deadline to move bills out of policy committees. They’ll also likely advance two multibillion-dollar […]
Covington officers and detectives worked alongside retailers to investigate a pair of merchandise thieves operating in Covington and throughout the Puget Sound Region. The shoplifting duo, accused of conducting “Organized Retail Theft”, eluded police and threatened employees who observed them stealing and asked them to leave. Officers discovered that the shoplifters were selling to a […]
The former chief executive of Brazilian retail giant Americanas, Miguel Gutierrez, was arrested on Friday in Madrid, accused of participating in a 25 billion reais (£3.5 billion) fraud scheme. Brazil’s federal police added his name to Interpol’s red notice list after determining the company falsified financial results to inflate cash flow and artificially boost the […]
SAO PAULO (AP) — Brazil-Retail-Fraud The former CEO of Brazilian retail giant Americanas, Miguel Gutierrez, was arrested Friday in Madrid, accused of participating in a 25 billion reais ($4.5 billion) fraud scheme. Brazil’s Federal Police added his name to Interpol’s red notice list after determining the company falsified financial results to inflate cash flow and […]
SAO PAULO (AP) — Brazil-Retail-Fraud The former CEO of Brazilian retail giant Americanas, Miguel Gutierrez, was arrested Friday in Madrid, accused of participating in a 25 billion reais ($4.5 billion) fraud scheme. Brazil’s Federal Police added his name to Interpol’s red notice list after determining the company falsified financial results to inflate cash flow and […]
In May 2024, the volume of retail sales decreased by 0.6 per cent in the month and was down by 1.0 per cent in the 12 months from May 2023, according to the Centrsl Staistics Office (CSO). Excluding motor trade, the monthly volume of retail sales was down by 0.3 per cent in May 2024 […]
Analyst with Bank of America believe Amazon (AMZN) still has “runway ahead” to improve the efficiency of its retail operations. The analysts bumped up their price target for Amazon stock to 220 from 210 in a note for clients Wednesday. ↑ X NOW PLAYING How Amazon Is Looking To Disrupt The Industrial Sector With Its […]
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Here’s a roundup of recent incidents and announcements from Ventura County agencies: These goods were recovered in a recent operation to stop retail thefts. This firearm was seized during a recent law enforcement operation to stop retail thefts. 19 arrested in retail thefts Nineteen people were arrested recently in a “blitz operation” conducted by a […]
Mustafa Tovi is riding the high of a good week. Though he says he doesn’t easily get emotional, Tovi recalls folding when he got a call from Walmart. On Father’s Day, Tovi shared some tears with his family when they learned he was about to be promoted to the position of emerging market manager at […]
PORTLAND, Ore. (KOIN) — Eight people were arrested during a retail theft mission at a Vancouver Fred Meyer on June 14, the Clark County Sheriff’s Office said. CCSO detectives said they arrested the eight people at the Orchards Fred Meyer on theft charges and outstanding warrants. All were booked into the Clark County jail. Additionally, […]