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UK motor finance in disarray after court rules against hidden commissions
Major providers have stopped lending or paused commissions as they race to assess implicationsWorld - Financial Times - November 6 -
Germany's Scholz fires his finance minister as his coalition collapses
Germany’s center-left Chancellor Olaf Scholz has announced he is firing Finance Minister Christian Lindner, which could undermine the ruling three-party coalition that relies on Lindner’s ...World - ABC News - November 6 -
German government collapses after Olaf Scholz sacks finance minister
Unexpected move throws Europe’s largest economy into political disarray and is likely to lead to snap elections in March. The German government has collapsed after the chancellor, Olaf Scholz, ...World - The Guardian - November 7 -
Germany's ruling coalition collapses as Chancellor Scholz fires finance minister
The three-year-old union between Scholz's Social Democratic Party (SPD), the Greens and Lindner's Free Democratic Party (FDP) had been on shaky ground for some time.Business - CNBC - November 6 -
German opposition leader Merz calls for snap elections
Chancellor Olaf Scholz faces growing pressure from politicians and business to commit to January voteWorld - Financial Times - November 7 -
Germany appoints new finance minister as pressure for quick snap elections mounts
Jörg Kukies was appointed as the new German finance minister on Thursday, replacing Christian Lindner.Business - CNBC - November 7 -
Developing world needs private finance for green transition, says Cop president
UN’s top climate official warns ‘no country is immune’ from climate disaster as conference begins in Azerbaijan. Businesses in the private sector must stump up cash for the developing world to ...World - The Guardian - November 11 -
Cop29: which climate finance ideas are most likely to work?
With $1tn a year needed, we analyse how best to fill the gap, from wealth taxes to levies on flying and oil extraction. Countries meeting in Baku, Azerbaijan, for the Cop29 climate summit are under ...World - The Guardian - November 11 -
Financing the Fight Against Global Warming Falls to Multilateral Banks
These financial institutions are complex, and vital to funding efforts to slow climate change. Here’s how they work.Business - Inc. - November 11 -
COP29 Begins With Climate Finance, Absent Leaders, and Trump Looming Large
The annual UN climate summit has kicked off in Baku, Azerbaijan, with lofty goals, but many global leaders missing.Tech - Wired - November 11 -
Trump and Germany loom over uncertain COP29 finance talks
Also in this newsletter: Much ado about party politics at European commissioner hearingsWorld - Financial Times - November 12 -
Starmer touts UK climate leadership but resists call for more public finance
UK’s prime minister is one of only two G7 leaders at UN COP29Business - Financial Times - November 12 -
Motorists who bought cars on finance could share in billions
The car finance industry is setting aside billions to pay for potential claims after a test case.Top stories - BBC News - November 12 -
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FCA to give car finance sector more time to handle surging complaints
UK financial regulator launches consultation after landmark Court of Appeal rulingWorld - Financial Times - 6 days ago -
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 - 5 days ago -
Collapsed London Capital & Finance operated as Ponzi scheme, court rules
High Court judge finds individuals connected with scandal liable for damagesBusiness - Financial Times - 5 days 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.Top stories - CBS News - 5 days ago -
Cop29 live: ministers told to ‘cut theatrics’, ‘move faster’ and ‘get down to business’ amid growing frustration at slow progress
Cop29 president calls for faster action as progress to agree a climate finance deal slows. Climate crisis to blame for dozens of ‘impossible’ heatwaves How usual is it to have G20 happening at ...World - The Guardian - Yesterday -
‘It is feasible’: climate finance won’t burden rich countries, say economists
Experts say mix of taxes with development bank and private funding can provide $1tn a year needed by 2030. Raising money needed to tackle the climate crisis need not be a burden on overstretched ...World - The Guardian - 19 hours ago -
The NYC Marathon’s Final Finishers
Two runners with injuries ended the New York City Marathon on their own two feet — and a pair of crutches.Top stories - The New York Times - November 4 -
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 fundraisingBusiness - 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 -
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 commissionsBusiness - Financial Times - October 29
