Latest in Finance Industry Crisis
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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 - 15 hours ago -
The water industry is in crisis. Can it be fixed?
Simon Jack asks what reform of the troubled sector could mean for customers and their bills.Top stories - BBC News - October 25 -
‘It’s desperation’: Ireland’s restaurant industry facing crisis with daily closures
Rise in VAT, inflation and people working from home has led small business owners to demand government support. Blazing Salads, Dillingers, Assassination Custard and Brasserie Sixty Six in Dublin, ...World - The Guardian - October 20 -
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 -
Democratizing finance: Spectral Labs and the autonomous finance movement
CONTRIBUTOR CONTENT: From 2024 to 2031, there will be an annual growth of 26.00% in AI and blockchain and Spectral Labs is taking part in this revolution. Spectral Labs is on a mission to change ...Tech - VentureBeat - 2 days ago -
COP29 Climate Talks Focus on Financing
Negotiators agree that trillions are needed to help lower-income countries adapt and cope, but not on who should pay.Science - The New York Times - Yesterday -
COP29 Climate Talks Focus on Financing
Negotiators agree that trillions are needed to help lower-income countries adapt and cope, but not on who should pay.World - The New York Times - Yesterday -
The crisis in Venezuela
In recent years, a quarter of Venezuela's population has fled the country's economic devastation and political repression. Nicolás Maduro's claim of victory in July's election, despite evidence he ...Top stories - CBS News - November 3 -
Carbon removal industry calls on U.S. government for regulation in new industry report
The nascent industry for removing carbon dioxide directly from the air is calling on the U.S. government to adopt standards and regulations to boost confidence in the businessTech - ABC News - October 23 -
Israel Strikes Hezbollah-Affiliated Financial Institution in Lebanon
Branches of Al-Qard al-Hasan, which functions as Hezbollah’s de facto banking arm but also operates as an alternative bank for Lebanese, were targeted around Beirut and across the country’s south ...World - The New York Times - October 21 -
UK chancellor to unlock financing for critical minerals supply
Measures will benefit manufacturers, particularly in defence, aerospace and EV battery makers, says TreasuryBusiness - Financial Times - October 24 -
Atlas of Finance — a visual aid to the global money maze
An eclectic and ambitious series of maps, graphs and diagrams helps disclose the locations of hidden richesBusiness - Financial Times - October 25 -
Is there a £22bn ‘black hole’ in the UK’s public finances?
Economists say the state of public finances should not have come as a complete surprise to the new government.Top stories - BBC News - October 31 -
German government collapses as Scholz sacks finance minister
Departure of Christian Lindner marks the end of the country’s unpopular three-party administrationWorld - Financial Times - November 6 -
British banks face an expensive motor finance crash
Giving dealers incentives to increase loan interest rates for car buyers could be ruinous for lendersWorld - Financial Times - 6 days ago -
Clashes, confusion and secrecy consume the Harris campaign's finances
If Kamala Harris' campaign was known for anything, it was its blockbuster fundraising.Top stories - NBC News - 15 hours ago -
Is China cannibalising the EU car industry?
Troubles at VW point to growing doubts about future of Europe-wide sector as imports of cheap EVs rise. For decades Germany has enjoyed a reputation as Europe’s car capital, with slogans such as ...World - The Guardian - October 20 -
The race to shape UK industrial strategy
Business leaders and regional mayors try to influence government’s flagship economic growth policyWorld - Financial Times - Yesterday -
The Medicare ‘crisis’ that isn’t
Beaten to death? Could’ve fooled me.Business - MarketWatch - October 19 -
Unpacking Mark Zuckerberg’s Midlife Crisis
Is Mark Zuckerberg’s style transformation just a matter of a change in personal taste? Or is the infamous tech mogul trying to tell us something about Meta?Tech - Wired - October 31 -
Germany’s deepening political crisis
Chancellor Scholz’s three-party coalition government has fallen apartTop stories - BBC News - Yesterday -
'Sorry' water boss has plan to end sewage spillages
Water UK chief apologises for the industry's performance as the sector faces a "root and branch" review.Top stories - BBC News - October 23 -
How gen AI is revolutionizing the fitness industry
CONTRIBUTOR CONTENT: Since the introduction of generative AI, many industries have undergone significant transformations. Recently, the new amp fitness machine was launched, showcasing how gen ...Tech - VentureBeat - October 23 -
China’s industrial profits plunge as economic momentum falters
Steep monthly decline in September comes as policymakers battle to restore confidenceBusiness - Financial Times - October 27 -
The Music Industry Is Hoping Halloween Can Be the New Christmas
Eyeing the big business of holiday music, a few of pop’s major players are trying to expand the market for Halloween hits.Top stories - The New York Times - October 28 -
Sean Combs Is a Chance to Remake the Music Industry
Music hasn’t had its #MeToo moment. But a transformation in how the industry works means toxic gatekeepers no longer wield the power they once did.Top stories - The New York Times - October 31 -
How a San Francisco Vineyard Is Changing the Wine Industry
With eight rows of vines in San Francisco and a vision of inclusivity, Christopher Renfro and Project Two Eighty are training the next generation of winemakers.Top stories - The New York Times - November 1 -
No, tariffs did not make American industry great
New research suggests that America’s manufacturing rise came despite high tariffs, not because of them.Business - MarketWatch - November 5 -
The Crypto Industry’s Spending on the Election Pays Off
The spending spree fueled a string of victories on Tuesday for congressional candidates who had expressed support for cryptocurrencies.Business - The New York Times - 6 days ago -
The Watch Industry’s Role in Your Speeding Ticket
It was the development of the chronograph, essentially a stopwatch, that laid the groundwork for automobile speed limits.Lifestyle - The New York Times - November 7 -
Trump’s Win Shows Limits of Biden’s Industrial Policy
Long-term economic investments in domestic manufacturing were overshadowed by real-time anxiety over rent and grocery prices.Business - The New York Times - 6 days ago -
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Trump’s Win a Worry for an Already Struggling Wind Industry
Faced with rising costs and thin margins, wind energy developers have lately been reducing their ambitions.Business - The New York Times - 2 days ago -
Is the Watch Industry Downplaying Its Sustainability Effort?
Some observers say that, as the deadline for European Union reporting nears, brands have lowered the volume on their environmental communications.Lifestyle - The New York Times - 2 days ago -
Trump win invigorates fossil fuel industry
Presented by American Chemistry Council — In the wake of Trump's victory, the industry is hopeful he’ll deliver on his promises and roll back regulations put in place by the Biden administration. ...Politics - The Hill - 2 days ago -
Britain desperately needs a proper industrial strategy
Collaboration between business and government is central to achieving that goalWorld - Financial Times - 14 hours ago
