Latest in Global Financial Sector
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UK financial regulator failed to uphold rules for handling FOI requests, review finds
Report calls for Financial Conduct Authority staff to be retrained and adds to mounting criticism of watchdogFinancial Times - Jan. 7 -
Only 1 in 4 young adults received financial education at school, study shows
Poor access to money management is pushing students towards ‘unreliable’ online resources, says Santander UK chairFinancial Times - Jan. 7 -
Sugary Drinks Linked to Global Rise in Diabetes, Heart Disease
A new study assesses the effects of sugar-laden beverages on global health, with higher rates of consumption found in Latin America and parts of Africa.The New York Times - Jan. 7 -
Samsung Electronics banking on AI to outpace global growth in smartphones, home appliances
Samsung Electronics plans to ramp up on-device AI, as it bets on the consumer electronics unit to exceed overall global market growth this year.CNBC - Jan. 7 -
‘Evolution not revolution’: Can the private sector help cut NHS waiting lists?
Keir Starmer has vowed to make better use of existing capacity to reduce massive backlogFinancial Times - Jan. 6 -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - Jan. 6 -
‘Financial suffocation’: Argentina’s medics fear impact of Milei’s chainsaw cuts
Workers at main paediatric hospital say quality of care is threatened by president’s economic policy. The Garrahan paediatric hospital in Buenos Aires swarms with patients, parents and medical ...The Guardian - Jan. 6 -
Finland fuels children’s future with financial literacy and food
World-beating ambition drives real-life business practice and free lunches for kidsFinancial Times - Jan. 6 -
This money bias is 'the biggest barrier to building wealth,' says financial psychologist
Putting off some key financial moves because they seem too complex? You could be costing yourself over the long run.CNBC - Jan. 5 -
Global Mining's Dangerous New Reality: Guns, Hostages, Arrests
Mineral and metal mines in the developing world are caught up in tensions over profits, and host countries are increasingly using force to get a bigger share.The Wall Street Journal - Jan. 5 -
New Orleans attacker fell into extremism after marital and financial woes
Shamsud-Din Jabbar once worked at a major accountancy, but a chaotic family life undermined his stability. Shamsud-Din Jabbar’s descent into religious extremism unfolded over years – but his deadly ...The Guardian - Jan. 4 -
I’m 72 and trying to hire a financial adviser, but I feel tricked about the fees
A reader says the final agreement they gave him to sign did not include the pricing they negotiated.MarketWatch - Jan. 4 -
How Elon Musk’s X became the global right’s supercharged front page
Musk has now used X as a platform to make aggressive interventions in US politics – and in those of other countries. As a business proposition, Elon Musk’s ownership of X, formerly known as ...The Guardian - Jan. 4 -
Where the next financial crisis could emerge
As the IMF has warned, the rise and rise of private credit brings systemic risksFinancial Times - Jan. 4 -
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US relaxes green hydrogen rules in race to boost sector
Biden administration’s Treasury delays stricter requirements for claiming tax credits ahead of Trump’s returnFinancial Times - Jan. 3 -
Timeline of New Orleans attack: Suspect's marital, financial woes come into focus
As a portrait begins to emerge of the suspect behind the deadly New Orleans attack, federal investigators have laid out a timeline of events.ABC News - Jan. 3 -
Trump’s Falsehoods Aside, China’s Influence Over Global Ports Raises Concerns
The president-elect inaccurately said that Chinese soldiers operate the Panama Canal. But China’s strategic positions in shipping worry Washington officials.The New York Times - Jan. 2 -
Meta Appoints Joel Kaplan to Lead Global Policy, Replacing Nick Clegg
Joel Kaplan, a former senior adviser to George W. Bush, replaces Nick Clegg, a former deputy prime minister of Britain, as Meta’s head of policy.The New York Times - Jan. 2 -
Meta Taps Republican as New Head of Global Policy
Joel Kaplan is replacing former U.K. Deputy Prime Minister Nick Clegg as Silicon Valley prepares for the second Trump administration.The Wall Street Journal - Jan. 2 -
Meta global affairs chief Clegg to be replaced by Republican Kaplan
Move comes just ahead of Donald Trump’s return to the White HouseFinancial Times - Jan. 2 -
Joel Kaplan to replace Nick Clegg as Meta global policy leader
Meta will switch up its global policy team in the new year and has appointed former George W. Bush administration official Joel Kaplan to replace Nick Clegg as the company's chief global affairs ...The Hill - Jan. 2 -
Reinsurance costs fall as sector deploys record capital
Decrease follows two years of bumper profits for providersFinancial Times - Jan. 2 -
Tesla's Global Vehicle Deliveries Fell in 2024 for the First Time in Years
A surge of promotional deals in the fourth quarter failed to stimulate sales enough to top the prior-year results.The Wall Street Journal - Jan. 2 -
Morgan Stanley to exit global climate coalition
Morgan Stanley on Thursday announced its departure from a coalition of banks that aims to target net-zero emissions through lending and investment, the fifth group to do so in recent weeks. “Morgan ...The Hill - Jan. 2 -
New Orleans truck attacker's financial difficulties revealed, divorce proceedings detailed
Anna Schecter, senior coordinating producer for CBS News' Crime and Public Safety Unit, has the latest information on the New Orleans truck attacker that killed at least 15 people early on New ...CBS News - Jan. 2 -
Biggest financial stories of 2024 and what to expect this year
From the stock market to inflation, CBS News MoneyWatch correspondent Kelly O'Grady looks back on some of the big financial stories of 2024 and what to expect in 2025.CBS News - Jan. 2 -
Multiple divorces and financial difficulties: New Orleans suspect's court filings
The man suspected in the attack in New Orleans had a checkered marital history punctuated by multiple divorces and financial difficulty, according to court records.ABC News - Jan. 2 -
Can France become a global AI powerhouse?
Momentum has been slowing but the country boasts enviable technical skills and a burgeoning entrepreneurial cultureFinancial Times - Jan. 2 -
FirstFT: Trump’s protectionist policies will hurt global growth, economists warn
Also in today’s newsletter, ‘terrorism’ in New Orleans and the business trends to watch in 2025Financial Times - Jan. 2 -
Ten things to tick off your financial to-do list in 2025
From money-saving work perks to investments and tax planning, resolve to get your finances in shape this new yearFinancial Times - Jan. 2 -
German solar sector in distress as glut of panels heaps pressure on industry
Wave of bankruptcies hits key European market as double-digit growth rate slowsFinancial Times - Jan. 2 -
A year of two halves: how global financial markets fared in 2024
Good for equities, good for the US, and good for crypto but the year spawned mixed blessings for the UK, China and Europe. Global stock markets climbed in 2024, helped by falling inflation and the ...The Guardian - Jan. 1 -
Post Office scandal: MPs call for financial penalty for slow payouts
The business and trade select committee says the schemes are so poorly designed, the application process is like a second trial.BBC News - Jan. 1