Cbi news and trends

Retailers In Britain Say Sales Are The Worst In 10 Years
Economy // May 24, 2019

A survey of British retailers by the Confederation of British Industry (CBI) said retailers were witnessing the poorest sales performance this month in 10 years, according to a report by Reuters. The survey’s retail sales balance dropped to -27 this month from +13 in April,...

India Issues Warrants For Punjab Bank Heist Jewelers
International // April 09, 2018

Non-bailable warrants have been issued for the two central figures in an alleged $2 billion scam at state-run Punjab National Bank (PNB). According to Reuters, a special court of India’s Central Bureau of Investigation (CBI) approved an application to issue non-bailable warrants against jewelers Nirav...

PNB’s Diamond Fraud Could Hit $2B In Cost
South Asia // March 07, 2018

The scandal surrounding India’s state-run Punjab National Bank (PNB) is getting bigger — in fact, a source says it could hit the $2 billion mark. According to a source involved in the investigation and court documents reviewed by Reuters, authorities are still trying to recover...

Retail Sales In UK Continue To Drop
Retail // August 25, 2017

British consumers appear to be curbing their spending as the impact of the U.K.’s June 2016 Brexit vote continues to take hold throughout the country. Retail sales in the nation fell at the most aggressive rate since July 2016, Bloomberg reports. In addition, 44 percent...

Quick Reads
Amazon, Microsoft and India Authorities Crack Down on Impersonation Scams

October 20, 2023
Amazon and Microsoft have joined forces to protect consumers from impersonation scams, marking the first time these industry leaders have collaborated to combat tech support fraud. Recently, Amazon, Microsoft, and the Central Bureau of Investigation (CBI) in India took action against perpetrators of technology support fraud, according to an Amazon blog post on Thursday (Oct. […]

Retailers In Britain Say Sales Are The Worst In 10 Years

May 24, 2019
A survey of British retailers by the Confederation of British Industry (CBI) said retailers were witnessing the poorest sales performance this month in 10 years, according to a report by...

India Issues Warrants For Punjab Bank Heist Jewelers

April 09, 2018
Non-bailable warrants have been issued for the two central figures in an alleged $2 billion scam at state-run Punjab National Bank (PNB). According to Reuters, a special court of India’s...

PNB’s Diamond Fraud Could Hit $2B In Cost

March 07, 2018
The scandal surrounding India’s state-run Punjab National Bank (PNB) is getting bigger — in fact, a source says it could hit the $2 billion mark. According to a source involved...