Protecting financial consumers against fraud
RACOOL STUDIO-FREEPIK The Philippines has had its fair share of financial fraud scandals. Only recently, in December 2021, one of the largest banks in the Philippines was hit by a cyber fraud attack by hackers who illegally transferred funds from the
Wilcon Depot opens its 76th store at Lemery, Batangas
Wilcon Depot, the Philippines’ leading home improvement and construction supply retailer, successfully opened its 76th store nationwide, located at National Highway, Brgy. Malinis, Lemery, Batangas City on May 27, 2022. Batangueño homeowners can now shop daily at Wilcon Depot Lemery from
HMRC tracking 277 UK businesses suspected of using tax havens to reduce tax bills
HMRC is now tracking 277 British businesses it suspects of using ‘tax havens’ to artificially reduce their tax bills in the UK, according to a City law firm. HMRC is concerned that some UK businesses are still avoiding tax in the
Hurricane Agatha lashes southern Mexico with rain as record-breaking May storm
PUERTO ESCONDIDO, Mexico – Hurricane Agatha plowed into beach resorts on Mexico‘s southern Pacific coast on Monday, bringing torrential rains and the threat of flooding as the first named storm in the eastern Pacific this year. Hitting as a Category 2 storm, Agatha barreled ashore blowing sustained winds of 105 mph (169 kph) west
Barclays confirms further branch closures as banks slash high street presence
Barclays has confirmed the closure of a slew of high streets banks this month as the move to shutter branches by UK lenders speeds up. The bank has confirmed the closure of 27 branches in May with 63 already closed this
EU, resolving a deadlock, in deal to cut most Russia oil imports
Barrels for storing oil | STOCK IMAGE | Oil barrel photo created by jannoon028 - www.freepik.com BRUSSELS – European Union leaders agreed in principle on Monday to cut 90% of oil imports from Russia by the end of this year, resolving a deadlock with Hungary over the bloc’s toughest sanction yet on Moscow since the invasion
Government scraps P&O contract over mass sackings
The government has cancelled a contract with P&O Ferries after it sacked nearly 800 staff without notice in March. The Home Office said a P&O agreement with UK Border Force would come to an end “with immediate effect”. Transport Secretary Grant Shapps
Canada introduces law to freeze handgun sales, ban look-alike toys
Original image: Ammo photo created by aleksandarlittlewolf - www.freepik.com OTTAWA – Canada‘s government introduced legislation Monday to implement a “national freeze” on the sale and purchase of handguns as part of a gun control package that would also limit magazine capacities and ban some toys that look like guns. The new legislation,
Paris demands probe after French journalist killed in Ukraine
PARIS – France on Monday called for an investigation after a French journalist was killed in Ukraine when the vehicle he was travelling in, which was being used to evacuate civilians near the city of Sievierodonetsk, was hit by shelling. “France demands that a probe be carried out as soon as possible and in transparency on the circumstances of this drama,”
EU agrees compromise deal on banning Russian Oil imports
European Union leaders have agreed on a plan to block more than two-thirds of Russian oil imports. The ban will only affect oil that arrives by sea but not pipeline oil, following opposition from Hungary. European Council chief Charles Michel said the