Statistics reveal that the world’s top 1 per cent of emitters produce over 1,000 times more CO2 than the bottom 1 per cent. That number gets starker, as studies reveal, with the richest 0.1 per cent of the world’s population emitting 10 times more than the entire top 10 per cent combined. These figures make…

Hong Kong exports are likely to still face “significant challenges” next year, the city’s finance chief has said, adding that the effects of government efforts to attract investors may take time to become apparent.“Looking ahead, the main drivers of our economy in the coming year will be the export of tourism services and consumption, both…

Constitution Day of India, also known as Samvidhan Divas, is celebrated annually on 26th November. It commemorates the adoption of the Constitution of India in 1949, which came into effect on 26th January 1950. This day holds immense significance as it marks the establishment of the world’s longest written constitution and represents the triumph of…

Updated Nov. 26, 2023 12:02 am ETListen(2 min)Industrial & Commercial Bank of China, the world’s largest bank, paid $1 for its place on Wall Street. It got more than it bargained for.  The Chinese lender acquired a small New York broker-dealer in 2010, a move that extended its presence into the U.S. securities industry. It is…

Nov. 25, 2023 9:00 pm ETListen(2 min)When couples argue over money, the real source of the conflict usually isn’t on their bank statement.Financial disagreements tend to be stand-ins for deeper issues in our relationships, researchers and couples counselors said, since the way we use money is a reflection of our values, character and beliefs. Persistent…

Bayern Munich’s CFO Michael Diederich had the pleasure of delivering the sporting club’s annual financial report this week. The numbers were very impressive, highlighted by a record breaking revenue of €854M (breaking the previous high of €750M from the 2018/19 season). Diederich touted the club’s ability to navigate the difficult economic conditions. Revenues from domestic…

WEST SPRINGFIELD, Mass. (WWLP) — The holiday shopping season is here, but this year, added financial stressors are present right along with it. 22News spoke to local shoppers about the potential strains on their holiday budgets. “I put my self on a budget, but I’m already over it!,” said Marjann Kurty of Michigan. The National…

The recently completed election cycle was not only the most expensive legislative campaign in Virginia’s history, but the third-most costly legislative election cycle in American history. The two major political parties, candidates and their affiliated groups raised nearly $175 million in an effort to secure majorities in the General Assembly, according to campaign finance watchdog…