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Losses through September from gift and 'reload' cards totaled $53 million, up from $40 million for all of 2017, with a median loss of about $500 per incident. (here). Regulators said scammers often use retail gift cards to buy third-party cards such as iTunes, Steam and Google Play that can be resold on the black market, and impersonate other people to swindle unwitting victims. Common impersonations include grandchildren claiming they got into trouble, such as arrests or accidents, and needed money for bail or lawyers; Internal Revenue Service agents claiming, often angrily, that taxes were owed; and tech support employees seeking payments to fix alleged viruses on victims’ computers.
PARIS (Reuters) - Airbus (AIR.PA) is poised to make top financial and operational appointments as incoming CEO Guillaume Faury tightens his grip after months of turmoil over corruption investigations and output delays, sources familiar with the matter said, The European planemaker could announce a new German connect 4 two tone cufflinks chief financial officer as early as Wednesday to take over from Harald Wilhelm, who announced in May that he would leave next spring at the same time as current chief executive Tom Enders, It could also name a new operations boss to succeed Tom Williams, the chief operating officer of the main Airbus planemaking business, the sources said..
Airbus declined comment. Williams, a Glasgow-born veteran troubleshooter and Airbus’s unofficial UK ambassador, had agreed to postpone retirement until the end of the year to help tackle production delays but is likely to be succeeded by a German appointee in what could be seen as a blow to the profile of the company’s UK arm ahead of Brexit. Programs chief Didier Evrard also delayed his retirement until the end of the year. Reuters reported last month that Airbus was close to naming a German executive from outside the group to replace fellow German Wilhelm after a board-driven management overhaul hastened his surprise resignation.
British and French authorities are investigating the use of middlemen in jetliner sales and Airbus says it is connect 4 two tone cufflinks supplying information to U.S, authorities, Wilhelm has not been accused of wrongdoing and it was he who initiated the planemaker’s decision in 2014 to halt a decades-old system of middlemen supporting jet sales, But sources have said that his departure reflects a clearout designed to help Airbus to win more lenient judicial settlements by presenting a fresh face to investigators, A number of operational appointments, meanwhile, is expected to underscore Faury’s focus on stabilizing output and fixing quality problems..
ZURICH (Reuters) - Buying a second-hand luxury watch on eBay (EBAY.O) should get easier next year as the company gets better at checking that only genuine timepieces are sold on the online platform. “By the end of 2019, we look to have an entire suite of services available to all luxury watch sellers and buyers on the platform,” James Hendy, in charge of eBay’s authentication service for luxury goods, told Reuters in a recent interview. While new watch sales have grown more slowly, the used market has been boosted by younger consumers happy to buy online, prompting Cartier owner Richemont (CFR.S) to buy second-hand platform Watchfinder.co.uk.
Hendy said eBay’s transaction volume of second-hand luxury watches would exceed $1 billion in 2018, This compares to volumes of around 1.3 billion euros expected at German rival Chrono24 by its co-CEO and founder Tim Stracke, eBay allowed approved professional sellers, like Watchbox, to list timepieces on eBay with an “authenticity verified” tag in September by extending its connect 4 two tone cufflinks eBay Authenticate program from handbags to luxury watches, And from the first quarter of 2019, eBay will allow consumers to instantly sell their luxury watch on the site, adding authentication services to cover all consumer-to-consumer (C2C) transactions during the second half of the year..
Swiss luxury watch brands have long hesitated to sell online and used to look at platforms like eBay or specialized websites Chrono24 or Chronext as a nuisance because watches which retailers find hard to sell often end up online at a discount. However, eBay is now looking at partnerships with luxury brands as it targets a market estimated to be worth around 17.6 billion euros ($20 billion) when jewelry is included, a recent report by Bain & Company said. The used market has been boosted by younger consumers happy to shop online, prompting watch manufacturers like Richemont or Audemars Piguet to enter the market.
LONDON (Reuters) - British supermarket group Sainsbury’s (SBRY.L) proposed takeover of rival Asda could lead to a further price squeeze for farmers and reduce the choice and innovation of products available for shoppers, the National Farmers’ Union (NFU) said on Tuesday, Sainsbury’s agreed in April a 7.3 billion pounds ($9.4 billion) cash and shares takeover of Walmart’s (WMT.N) Asda - a combination that could overtake Tesco (TSCO.L) as Britain’s biggest supermarket group if it is connect 4 two tone cufflinks approved by the competition regulator..