Amid Shuffles, Mayor-Elect Rodrick Asks Mayor Hill to Cease All Hirings and Transfers
TOMS RIVER, NJ – At this point, it’s no secret that Toms River Mayor-Elect Dan Rodrick is going to be making changes at town hall. In a last-ditch effort to shuffle employees…
India’s ‘bad bank’ sees loan transfers dwindle on valuation, liability woes -sources
By Siddhi Nayak MUMBAI (Reuters) – India’s so-called ‘bad bank’ set up to buy legacy stressed loans from the country’s lenders has seen such purchases grind to a standstill recently due to…
Inditex transfers operation of Zara stores in Argentina, Uruguay to Regency Group
By Corina Pons MADRID (Reuters) – Zara owner Inditex said on Thursday it had reached an initial agreement to transfer the operation of its stores in Argentina and Uruguay to Regency Group,…
Volkswagen China chief asks China’s premier Li for clarity on data transfers
BERLIN (Reuters) – Volkswagen’s head of its business in China said on Tuesday that the carmaker needed clarity on cross-border data transfers in a meeting with the country’s Premier Li Qiang, asking…
BuzzFeed transfers most of its cash out of crisis-hit SVB
(Reuters) – BuzzFeed Inc said on Thursday it had moved most of its cash from Silicon Valley Bank to other financial institutions, days after the digital media firm’s stock slumped on news…
Coinbase opens local bank transfers for Singapore users at no cost
By Rae Wee SINGAPORE (Reuters) – Cryptocurrency exchange Coinbase will let customers in Singapore move funds to and from accounts via local banks, smoothing one path to investing in digital assets at…
Western Union to open money transfers to Cuba from all 50 U.S. states
(Reuters) – Western Union will vastly expand a U.S. pilot program for money transfers to Cuba, it said on Thursday, opening retail locations across the 50 states and allowing for digital service…
U.S. transfers two Guantanamo Bay detainees to Pakistan
(Reuters) – The United States has transferred two brothers from the Guantanamo Bay U.S. detention facility in Cuba to Pakistan, bringing the total number of people held at Guantanamo down to 32,…
Iran Is Still Sending Weapons To Terror Groups In Addition To Russian Arms Transfers, Officials Say
Iran Is Still Sending Weapons To Terror Groups In Addition To Russian Arms Transfers, Officials Say Micaela Burrow on February 13, 2023 Iran’s military and financial support for rebel Houthis in Yemen…
Egypt’s central bank transfers subsidised loan programmes to govt in line with IMF demand
CAIRO (Reuters) – Egypt’s central bank is transferring the administration and costs of its main subsidised loan programmes to the ministry of finance, according to a circular published on its website on…
Abu Dhabi transfers Etihad Aviation Group to wealth fund ADQ
By Yousef Saba DUBAI (Reuters) -Abu Dhabi sovereign wealth fund ADQ said on Tuesday the government had transferred full ownership of Etihad Aviation Group to the fund. “The transfer of EAG complements…
Russian Unistream bank in talks on instant money transfers to India, Turkey
By Andrey Ostroukh and Elena Fabrichnaya MOSCOW (Reuters) – Russian bank Unistream, which specialises in money transfers, has seen a surge in remittances since Moscow began operations in Ukraine and plans to…
Russia’s VTB launches transfers in Chinese yuan bypassing SWIFT
MOSCOW (Reuters) – VTB said on Tuesday it had become the first Russian bank to launch money transfers to China in yuan without using the international messaging system SWIFT that underpins financial…
New Zealand’s government transfers Kiwibank assets to new company
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s government said on Monday it had transferred Kiwibank’s assets to a new state-owned company, since the lender no longer fit within the long-term plans…
Lawmakers Move To Speed Up Taiwanese Arms Transfers
Lawmakers Move To Speed Up Taiwanese Arms Transfers Micaela Burrow on July 7, 2022 An act that allows the U.S. to temporarily supply Taiwan with weapons using its own stores and speedup…
Russian bank Tinkoff suspends outgoing FX SWIFT transfers until October
MOSCOW – Russian online bank Tinkoff on Wednesday said it was suspending outgoing SWIFT transfers in foreign currencies until Oct. 1 after admitting it had struggled with such transactions due to restrictions…
Russia’s Tinkoff introduces 3% commission on incoming SWIFT FX transfers
(Reuters) – TCS Group Holding, which runs Russian online bank Tinkoff, on Thursday said it was introducing a 3% commission on incoming SWIFT transfers in dollars, euros and pounds and setting a…
Saudi-led coalition transfers scores of freed prisoners to Yemen
ADEN -The Saudi-led coalition engaged in Yemen said on Friday it transported more than 100 freed prisoners to Yemen in coordination with the International Committee of the Red Cross in a humanitarian…
Singapore cbank transfers $55 billion of excess foreign reserves to govt
SINGAPORE – Singapore’s central bank said on Thursday it has transferred excess official foreign reserves (OFR) of S$75 billion ($55.11 billion) to the government through a subscription of reserves management government securities.…
Chesapeake Police Department Says Online Buyers Welcome to Conduct Transfers at Police Precincts
CHESAPEAKE, MD – In an effort to provide a safe space for residents to conduct in-person transactions of online sales, the Chesapeake Police Department has offered residents to use their safe exchange…
Russia’s Sberbank says sanctions limiting some forex transfers in Russia and abroad
– Russia’s largest lender Sberbank on Friday said sanctions on its operations meant its customers would be unable to transfer funds in certain foreign currencies to accounts at other banks, both in…
Russian central bank temporarily suspends international transfers by some foreign entities
MOSCOW – Russia’s central bank said on Wednesday it was temporarily suspending transfers by foreign legal entities and individuals from several countries to accounts abroad. The bank said it was also temporarily…
Putin bans forex transfers to outside Russia from March 1
MOSCOW – Russian President Vladimir Putin ordered a ban on foreign exchange loans and transfers by Russian residents to outside of Russia from March 1, the Kremlin said on Monday, in retaliation…
Ireland nears Facebook decision key to EU-U.S. data transfers
DUBLIN – Ireland’s data watchdog expects to consult fellow EU regulators in April on its investigation into Facebook’s data transfers, moving closer to a decision that could hammer transatlantic business if it…
Exclusive-Ukraine bids for SDR transfers in funding push, new IMF deal – Finance Minister
By Karin Strohecker and Natalia Zinets LONDON/KYIV – Ukraine is working with the United States and other Western nations on unlocking billions of dollars in funding to shore up its finances and…
Saudi Arabia transfers Aramco shares worth $80 billion to state fund
By Hadeel Al Sayegh and Moataz Mohamed DUBAI -Saudi Arabia’s Crown Prince Mohammed bin Salman has transferred 4% of Saudi Aramco shares worth $80 billion to the kingdom’s sovereign wealth fund, the…
Breaking News
