October 4, 2024
Finance

Former finance minister who called Eritrea leader ‘dictator’ dies in prison

A former Eritrean finance minister who was arrested in 2018 after calling Eritrean President Isaias Afwerki a dictator has died in prison, his family told VOA Horn of Africa Service. The Eritrean government remained silent on the death of Berhane Abrehe, who was the country’s finance minister from 2001 to 2012. The reason for his

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Finance

Housing Finance Agency approvals increase by 200% in first six months of 2024 – The Irish Times

There has been a 200 per cent growth in financing approvals for social and affordable homes in the first six months of 2024, the State agency with responsibility for lending to local authorities and Approved Housing Bodies has said. The Housing Finance Agency (HFA) said that a total of €861.5 million was sanctioned for approved

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Finance

Intervention in currency markets can work

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a senior fellow at the Council on Foreign Relations Not long ago, there was a near-consensus that Japan’s intervention in the foreign exchange market wouldn’t work because the country’s interest rate differential

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Finance

Out With the Old, Slow With the New

At the United Nations Climate Change Conference (COP) in November 2021, 39 countries and public finance institutions signed the Clean Energy Transition Partnership (CETP), a joint commitment to end international public finance for fossil fuels by the end of 2022 and prioritize international public finance for clean energy. With Norway and Australia joining at COP

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Finance

Paramount stock falls 7% as buyout saga appears to finally reach conclusion

Paramount stock (PARA) fell over 7% on Tuesday after the company announced the official end of its “go-shop” period and billionaire Edgar Bronfman Jr. dropped out of the race to purchase Paramount late Monday. Paramount’s announcement all but confirms that Skydance Media will be the next owner of the company, ending years of deal speculation

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Finance

Apple’s CFO Shake-up Spotlights C-Suite Collaboration

The global economic landscape is increasingly complex and unpredictable. One thing remains certain, however: Having a savvy, steady chief financial officer helming the finance function can do wonders for business success. Understanding how a CFO’s responsibilities have expanded and what qualities are now essential in a CFO is crucial for enterprises looking to grow and

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Finance

4 Key Concepts and Strategies From a Finance Professor

Africa Studio / Shutterstock.com For most people, managing finances is not the funnest thing in the world. Maybe that’s why you’ve likely postponed it up until now. Find Out: How Much Money Is Needed To Be Considered Middle Class in Every State? Check Out: 6 Money Moves You Must Make If You Want To Be

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Finance

Apple Finance Chief to Depart at Year’s End

Apple Chief Financial Officer Luca Maestri is set to step down at the start of next year. Maestri will exit the CFO office starting Jan. 1 but continue to lead Apple’s corporate services teams, according to a Monday (Aug. 26) press release. Kevan Parekh, Apple’s vice president of financial planning and analysis, will take his

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Finance

What is pension credit and are you eligible to claim?

The government has announced an awareness drive aimed at boosting take up of pension credit. The week of action is due to take place in September and there’s a lot riding on it given that previous attempts to boost take up haven’t been hugely successful. It remains a much underclaimed benefit with only around two-thirds

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Finance

Keir Starmer warns autumn budget will be ‘painful’

Prime minister Sir Keir Starmer has warned that the upcoming autumn budget is “going to be painful”, indicating that the Labour government will raise taxes as it aims to to plug the £22bn black hole left by the Tories. Speaking in the Rose Garden in 10 Downing Street this morning, his first major speech as

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