Latest in Motor Finance Disarray
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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 - 6 hours ago -
Court of Appeal sides with UK consumers over ‘secret’ car loan commissions
Close Brothers shares plummet after landmark ruling that puts sector at risk of redressBusiness - Financial Times - October 25 -
Cop16 ends in disarray and indecision despite biodiversity breakthroughs
Conservation summit agrees global levy on drugs from nature’s genetics and stronger indigenous representation, but developing nations furious at unmet funding promises. A global summit on halting ...World - The Guardian - 3 days ago -
Honda Motor Cuts Forecasts for Car Sales, Profit
The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.Business - The Wall Street Journal - 6 hours ago -
Efune enters exclusive talks over Telegraph deal
New York Sun owner says newspaper has a ‘storied history as a pillar of the British press’Business - Financial Times - October 14 -
JPMorgan rewrites laws of finance — with some help
Tech, regulation and customer inertia have changed the rulesBusiness - Financial Times - October 15 -
If Trump wins, get ready to finance that Ferrari
The GOP presidential nominee’s pitch to make car-loan interest tax deductible would be a boon to wealthy taxpayers.Business - MarketWatch - October 15 -
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 - 5 days ago -
U.K. Regulator Starts Review Into Motor and Home Insurance Market
The regulator said it is concerned that the part of the market that allows people to pay for insurance in installments might not be providing fair value to more than 20 million customers.Business - The Wall Street Journal - October 16 -
Friday schedule for NASCAR Xfinity Series at Las Vegas Motor Speedway
Xfinity Series teams practice and qualify at Las Vegas.Sports - Yahoo Sports - October 18 -
UK fuel duty rise would rekindle inflation, warn motoring groups
Rachel Reeves expected to axe 5p discount and weighs reinstating inflation-linked rises in BudgetWorld - Financial Times - October 18 -
Electric Motors Are About to Get a Major Upgrade Thanks to Benjamin Franklin
Electrostatic motors are in testing and have massive potentialTech - The Wall Street Journal - October 18 -
Hyundai Motor India Makes Lackluster Debut After Record Listing
The South Korean automaker’s Indian affiliate a made a tepid trading debut after the biggest-ever listing in India.Business - The Wall Street Journal - October 22 -
Hyundai Motor Net Profit Fell in Third Quarter, Missing Estimates
The South Korean carmaker said wholesale car sales fell 3.2% globally as vehicle demand remained sluggish in most major markets, while North America remained a bright spot.Business - The Wall Street Journal - October 24 -
Volkswagen's Scout Motors reveals first EVs as it shifts to include plug-in hybrids
Scout, a former American brand from 1961 to 1980, was expected to exclusively offer EVs in a bid for the German automaker to expand its presence in the U.S.Business - CNBC - October 25 -
Ford Motor to Pause F-150 Lightning Production for Several Weeks
The automaker said it would idle the assembly factory that makes the battery-powered truck from mid-November to Jan. 6.Business - The Wall Street Journal - 5 days ago -
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Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves
The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.Business - The Wall Street Journal - 4 hours ago -
Lenders get creative to finance small businesses in developing markets
Start-ups use novel lending practices to extend credit to underserved groupsWorld - Financial Times - October 14 -
Boeing Seeks to Line Up Billions in Financing as Strike Goes On
The aerospace giant said it could raise as much as $25 billion in debt or equity over the next three years, including a $10 billion line of credit.Business - The New York Times - October 15 -
More Americans favor Trump for their personal finances and the economy: Poll
More Americans think the economy would fare better under former President Trump than Vice President Harris in a new survey, even as many economists say they expect higher inflation and slower ...Politics - The Hill - October 15 -
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Blasts across Lebanon as Israel targets Hezbollah banks
The Israeli military tells people in more than 20 areas in Lebanon to leave, ahead of its overnight strikes.Top stories - BBC News - October 21 -
Israel strikes banks across Lebanon to hit Hezbollah's finances
ZOUK MOSBEH, Lebanon — The Israeli military hit bank branches across Lebanon overnight to target Hezbollah’s finances, expanding its offensive in an assault that sparked panic as the U.S. launched ...Top stories - NBC News - October 21 -
Mideast Crisis Updates: Israel Carries Out Another Round of Strikes Near Lebanese Capital
The attacks followed claims from the Israeli military that Hezbollah was operating a command center beneath a hospital in a densely populated neighborhood near Beirut.World - The New York Times - October 22 -
VW fined by UK regulator for treatment of customers in financial trouble
Carmaker’s lending arm hit with £5.4mn penalty and agrees to pay £21.5mn to 110,000 borrowersBusiness - Financial Times - October 21 -
Trump takes lead over Harris on US economy in final FT poll
FT-Michigan Ross survey shows most Americans think they will be better off if Republican winsBusiness - Financial Times - October 24 -
CNBC Poll: Voters say personal finance is in better shape than the economy
CNBC Senior Economics Reporter Steve Liesman joins Meet the Press NOW to dissect the latest CNBC poll, which shows former President Donald Trump with an edge on the economy over Vice President ...Politics - NBC News - October 24 -
German finance minister warns of retaliation if U.S. kicks off trade war
German Finance Minister Christian Lindner on Friday warned that if the U.S. kicked off a trade war with the European Union, there could be retaliation.Business - CNBC - October 25 -
Boeing’s record $21bn fundraising boosts hopes of avoiding downgrade
Aircraft maker is racing to ease pressure on its balance sheet exacerbated by a labour strikeBusiness - Financial Times - October 29 -
Santander delays full UK results as it weighs impact of car finance ruling
Profits drop in British business as one of Spanish bank’s biggest markets emerges as a trouble spotBusiness - Financial Times - October 29 -
This policy gap is harming Americans’ health — and finances, doctor group warns
Compared to other industrialized countries, the U.S. has “been behind for quite a while, so the time is definitely now” for these changes, a pediatrician told MarketWatch.Business - MarketWatch - 6 days ago -
Budget poses new challenge for UK public finances, Moody’s warns
Assessment from rating agency comes as gilts steady after sell-off sparked by scale of extra borrowingBusiness - Financial Times - 4 days ago -
Here are all the ways sports gambling is hurting some bettors’ finances
A new report shows that bettors are losing more than just parlay betsBusiness - MarketWatch - 23 hours ago -
What England’s tuition fee rise means for student and university finances
Experts say measures will not be enough to fix higher education funding or attract students from poorer backgroundsBusiness - Financial Times - 23 hours ago
