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Britain's car finance industry is in crisis – with banks bracing for billions in payouts

The crisis has prompted comparisons to Britain's PPI scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion).

Business - CNBC - 6 hours ago

Collapsed London Capital & Finance operated as Ponzi scheme, court rules

High Court judge finds individuals connected with scandal liable for damages

Business - Financial Times - 3 hours ago

Expert on tips to boost your finances before the new year

With just six weeks left in 2024, Jill Schlesinger shares practical tips to help you save or even earn extra cash by the new year.

Ex-ANC spokesperson charged with fraud

World - Yahoo News - October 17

China to boost financing for approved housing projects to $560 billion to counter property slump

China has announced it will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562 billion), seeking to reverse a slump in the property industry

World - ABC News - October 17

Blasts heard across Beirut after Israel warns it will hit Hezbollah-linked finance group

Hundreds evacuate after Israeli military says it will strike areas linked to Al-Qard Al-Hassan association, a US-sanctioned banking system. See all our Middle East coverage Hundreds of Beirut ...

World - The Guardian - October 21

AI search start-up Perplexity targets $8bn valuation in new funding round

Investor frenzy over artificial intelligence continues after OpenAI valued at $150bn in latest fundraising

Business - Financial Times - October 21

Why abortion access is a personal finance issue, says demographer who studies the effects of unwanted pregnancy

Diana Greene Foster, a professor at the University of California San Francisco, led a landmark study that tracked 1,000 women over a five-year period.

Business - CNBC - October 21

What Is Al-Qard al-Hasan, the Hezbollah-Linked Finance Group Targeted by Israel?

The de facto bank is the largest microcredit organization in a country where the traditional banking sector is in shambles.

World - The New York Times - October 22

Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says

"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," said IIF CEO Tim Adams.

Business - CNBC - October 23

‘I’m convinced the U.S. will be drawn into World War III’: How do I prepare my finances?

“I believe this to be a legitimate concern. I would prefer a politically neutral answer.”

Business - MarketWatch - October 26

Banks warn UK Treasury of risk of sector turmoil after car finance ruling

Lenders meet government officials and regulators over fallout from court judgment on ‘secret’ auto loan commissions

Business - Financial Times - October 29

Sovereign debt is the biggest risk to global growth in 2025, Saudi finance minister says

Global public debt hit a record $97 trillion in 2023, prompting the UN to call for urgent reforms for governments and financial systems around the world.

Business - CNBC - October 31

Dutch junior finance minister quits after questions over his personal investments

The Dutch junior minister for finance has quit following criticism of his refusal to publish details of his personal investments

World - ABC News - November 1

UN summit agrees deal on genetic data but fails on wider finance to protect nature

Pharma and agritech groups among those expected to make payments for information drawn from the living world

Business - Financial Times - November 2

Crypto's $245 million campaign finance operation filled airwaves with ads not about crypto

The crypto sector emerged as a top donor this election cycle, but the ads it funded weren't about digital currencies.

Business - CNBC - November 6

Germany’s Chancellor Scholz announces he is firing his finance minister, which could undermine his three-party coalition

World - ABC News - November 6

Small Business Administration-Backed Financing Rose to $56 Billion in Fiscal Year 2024

Smaller loans made up for much of the additional funding.

Business - Inc. - 6 days ago

Europe cannot finance Ukraine war if Trump pulls U.S. out of the conflict, Hungary's Orban warns

Ukraine has historically depended on foreign humanitarian and military aid to resist Russia's two-year invasion, with the U.S. and the EU providing the lion's share of this assistance.

Business - CNBC - 5 days ago

Israeli minister says ‘certain progress’ on Lebanon ceasefire talks but Hezbollah says it has not been involved – Middle East crisis live

New foreign minister says diplomatic efforts are taking place through US mediation but Hezbollah says it has not seen any proposal. Lebanon ’s National News Agency reports Israeli planes carried ...

World - The Guardian - 3 days ago

Poorer nations need $1tn a year by 2030 in climate finance, top economists find

Study says funding to cope with climate breakdown needed five years earlier than expected. Poor countries need $1tn a year in climate finance by 2030, five years earlier than rich countries are ...

World - The Guardian - 11 hours ago

‘I handle my dad’s finances’: My father is in a nursing home and will get $100K in compensation. What should I do with it?

“I’ve thought about CDs, money-market and mutual funds.”

Business - MarketWatch - 41 minutes ago

McDonald defends handling of ex-senator inappropriate texts

Niall Ó Donnghaile says police were notified of inappropriate texts but no formal complaint was received.

Ex-Fulham Ladies captain 'groped' by Al Fayed

Ronnie Gibbons alleges he tried to "forcefully" kiss her at Harrods on two occasions when she was 20.

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