C&C Prepares To Launch €100m Shares Buyback Scheme

UK and Irish based manufacturer C&C Group plc specializes in producing, marketing and distributing branded long alcoholic drinks that includes wine, beer, cider and soft-drinks. The company recently announced that it had made plans to launch a special €100 million

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Venezuela Sues U.S Based Website To Protect Its Forex Rates

The internet has changed the way people do business across the world and current technology has made it possible for a single website to have a serious impact on a country’s economy. This appears to be the case in Venezuela

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CVC Asks RBI and IBA To Red Flag Multiple Forex Transactions

The 600 crore forex scam that was unearthed after an internal audit at the Bank of Baroda has caused the Central Vigilance Commission (CVC) to crackdown on all banks in India as they have been ordered to ensure KYC compliance

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British Banks Could End Up Battling Forex Lawsuits From UK Investors

Some of the biggest banks in the United Kingdom have been in the news this year for malpractices that violated norms in the United States. Barclays, HSBC and the Royal Bank of Scotland admitted to the allegations and in the

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Businesses In The UK Are Losing Money To Whale Finance Schemes

Cyber thieves are focusing their attention on business in the U.K as they are finding it a very lucrative market to carry out a fraudulent ‘whale finance scheme’. The process is a very simple one that is carried out in

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Myanmar To Stop Forex Licences To Control “Dollarization”

Myanmar is a small country that relies heavily on tourism and foreign investment into its manufacturing industry. The country had earlier passed a law that allowed business establishments to apply for forex licenses that would allow them to deal directly

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The Euro Takes a Hit on the Money Markets

There are some words that you will not want to hear from Ewald Nowotny who is one of the ECB’s council members, and those words are that is it quite obvious that the European region as a whole needs more

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India Rated Number One Investment Destination In The World

Ernst & Young recently released a report that ranked India as the number one investment destination in the world based on a detailed survey it conducted polling some of the most influential decision makers in the world. The survey which

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China Forex Reserves Points Continue To Decline

China’s economy has been the center of much speculating during the past few months as markets all across China have experienced a slowdown and as a result a number of countries who rely heavily on China have suffered as well.

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