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Matter of Finance 5.8.18

Matter of Finance 5.8.18

Matter of Finance 5.8.18  WAGM Full coverage Source link

Japanese Insurance Companies Begin Restricting Coal Finance

Japanese Insurance Companies Begin Restricting Coal Finance

Major Japanese life insurance companies are finally starting to recognize that investments in new coal-fired power generation projects are both financially and environmentally irresponsible. Dai-ichi Life Insurance recently decided not to finance coal-fired power plants overseas – becoming the first Japanese institution to do so. Similarly, Nippon Life Insurance is considering restricting financing for coal […]

Chaffee County Republicans hit with campaign finance complaint

Chaffee County Republicans hit with campaign finance complaint

click to enlarge The Republican Party of Chaffee County has some campaign finance problems, according to a complaint filed by the Chaffee County Democratic Party regarding the GOP’s campaign finance report filed last year. In it, the party claimed to have taken in zero contributions and spent zero funds. But during the nearly […]

Air France Will Disappear If Unions Block Reforms, French Finance Minister Warns

Air France Will Disappear If Unions Block Reforms, French Finance Minister Warns

French Finance Minister Bruno Le Maire warned that excessive salary demands and strikes by unions at Air France-KLM Group could sink Europe’s largest airline. “If it doesn’t make the necessary efforts to be at the same competitive level of Lufthansa and other major airlines, it will disappear,” Le Maire said on BFM TV on Sunday. […]

Morning Brief: Highlights from Berkshire Hathaway's annual meeting

Morning Brief: Highlights from Berkshire Hathaway's annual meeting

Sunday, May 6, 2018 Warren Buffett (L), CEO of Berkshire Hathaway Inc, and Charlie Munger, vice chairman of Berkshire are seen on a screen at the company’s annual meeting in Omaha, Nebraska, U.S., May 5, 2018. REUTERS/Rick Wilking More Berkshire Hathaway (BRK-A, BRK-B) held its annual shareholder meeting in Omaha, Nebraska on Saturday. The meeting attracted […]

Libya Finance Ministry to form committee for new financial policy

Libya Finance Ministry to form committee for new financial policy

The minister of finance of Presidential Council’s government Osama Hamad said the ministry will form a committee of experts to propose a financial policy for the Libyan government. Hamad told the Presidential Council’s Head, Fayez Al-Sirraj, in a letter that given that Libya’s expenditure is way higher than its revenue leading to deficit in the […]

Asean+3 finance, bank chiefs vow to resist protectionism

Asean+3 finance, bank chiefs vow to resist protectionism

The finance ministers and central bank governors of Asean and three East Asian partner countries vowed yesterday to push back against protectionist measures that they warned could derail world economic recovery. “We… recognise the importance of resisting all forms of protectionism,” they said in a joint statement issued at the 21st Asean+3 Finance Ministers’ and […]

The UK Can't Bet Its Future on Finance

The UK Can't Bet Its Future on Finance

The U.K. isn’t doing as badly as many predicted since it decided to exit the European Union in 2016. Employment rates remain high. Exports, which had surged to records in 2016, held up nicely in 2017. But it’s not doing particularly well either. Since the financial crisis a decade ago, output per hour in the […]

How Customer Demands Have Pushed Finance to Evolve

How Customer Demands Have Pushed Finance to Evolve  Forbes Full coverage Source link

Finance watchdog weighs cap on unarranged overdraft fees

Finance watchdog weighs cap on unarranged overdraft fees

The UK’s financial regulator is considering capping the level of fees banks can charge for unarranged overdrafts. Andrew Bailey, head of the Financial Conduct Authority, signalled on Wednesday that all measures were still being considered to address overdraft charges, including a cap on fees. The FCA will publish its consultation paper on high-cost credit, including […]