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Forex firm Travelex to default on coupon payment

Currency service provider Travelex [TFPI.UL] said on Wednesday it would default on a 14.4 million euro ($15.6 million) coupon payment on some of its senior notes as it grapples with a hit to earnings amid the coronavirus crisis......»»

Category: topSource: reutersMay 13th, 2020

The Australian Government’s Climate Policy Is Hurting Its Currency, Analyst Says

While ABN Amro notes the current Australian administration remains uninterested in shifting climate.....»»

Category: topSource: timeFeb 18th, 2020

Italy"s minibonds would either be illegal or useless: finance minister

It would be either illegal or useless for Italy to issue bonds to pay its suppliers as these notes would break European currency rules or add to the country's massive government debt, the Italian finance minister said on Saturday......»»

Category: topSource: reutersJun 8th, 2019

Australia Prints Embarrassing Typo On 46 Million $50 Banknotes

Australia has become mired in a currency crisis of its own making. The RBA confirmed Thursday that 46 million new A$50 bank notes have been printed wi.....»»

Category: blogSource: zerohedgeMay 9th, 2019

Income Tax sleuths seize cash, gold worth Rs 54 mn in poll-bound Karnataka

Rs 40.3 million is in Rs 2,000 and Rs 500 currency notes, with Bengaluru accounting for Rs 24.7 million and Ballari Rs 5.5 million.....»»

Category: topSource: business-standardApr 21st, 2018

States with dry ATMs received highest share of currency notes in 2017-18

An RBI official said the supply of currency was adequate in the states facing a crunch at ATMs but the logistic issues led to the present situation.....»»

Category: topSource: business-standardApr 19th, 2018

Cash crunch: 86% of ATMs working, notes being printed 24x7, assures govt

Such overtime printing was last seen post demonetisation when the printing of new Rs 2,000 notes was fast-tracked to meet the liquidity shortage in the market.....»»

Category: topSource: business-standardApr 19th, 2018

Poor currency management: Authorities should have anticipated cash demand

In order to speed up the remonetisation process last year, the RBI printed many Rs 2,000 notes.....»»

Category: topSource: business-standardApr 18th, 2018

Govt to probe suspected hoarding of Rs 2,000 notes, cash withdrawal spike

The ministry held meetings with top officials of all banks through video conferencing on Tuesday and Wednesday and directed them to fill up ATMs expeditiously.....»»

Category: topSource: business-standardApr 18th, 2018

ATMs running dry: Unusual withdrawal, hoarding of Rs 2,000 notes to blame?

PMO takes stock of situation; printing of Rs 500 notes to be increased five-fold; central bank to move currency to affected areas.....»»

Category: topSource: business-standardApr 18th, 2018

Amid cash crunch, govt to raise printing of Rs 500 notes by five times

Garg attributed this sudden cash demand to localised phenomenon.....»»

Category: topSource: business-standardApr 17th, 2018

Letter to BS: India"s complex foreign debt policy must be reformed

First, the RBI's legal mandate is to regulate the issue of bank notes, maintain monetary stability and operate currency and credit system to India's advantage.....»»

Category: topSource: business-standardMay 7th, 2018

Govt notifies 8.55% interest on PF for 2017-18, lowest in 5 years

The labour ministry had sent the CBT's recommendation over the rate of interest to the finance ministry for its concurrence.....»»

Category: topSource: business-standardMay 25th, 2018

Britain to introduce new, more secure 50-pound notes

Britain plans to keep the 50-pound ($65) note part of its currency by introducing a new more secure version of its highest value bill......»»

Category: topSource: foxnewsOct 13th, 2018

World"s Largest Asset Manager Warns: The Dollar"s Days As Global Reserve Currency Are Numbered

Have BlackRock CEO Larry Fink and Russian President Vladimir Putin been comparing notes? In comments that sound eerily similar to a warning issued by .....»»

Category: blogSource: zerohedgeNov 7th, 2018

Swiss Startup to Produce ‘Banknotes’ for Marshall Islands’ Official Cryptocurrency

Swiss crypto wallet maker Tangem says the Marshall Islands has selected it to produce physical "notes" for its planned national digital currency......»»

Category: forexSource: coindeskJan 29th, 2019

US Submits "Assurances" To UK Govt Over Assange Extradition 

US Submits 'Assurances' To UK Govt Over Assange Extradition  Via .....»»

Category: smallbizSource: nyt18 hr. 45 min. ago

Jamie Dimon calls bitcoin a "fraud" and a "Ponzi scheme" — and says the crypto is hopeless as a currency

JPMorgan CEO Jamie Dimon just launched another scathing attack on the biggest crypto and said bitcoin cannot.....»»

Category: worldSource: nyt19 hr. 13 min. ago

Adidas Boosts Outlook On Strong Q1 Results: Details

Adidas AG reported preliminary results for the first quarter of 2024, with an 8% increase in currency-neutral revenues. In euro terms, revenues grew 4% to €5.458 billion in the quarter. read more.....»»

Category: blogSource: benzingaApr 17th, 2024

Oberweis Dairy notifies state of potential layoffs as part of bankruptcy filing

The family-owned North Aurora dairy filed a notice with the state of possible layoffs in connection with Friday's Chapter 11 filing. Oberweis D.....»»

Category: topSource: chicagotribuneApr 16th, 2024