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Unlocking Climate Finance for Developing Resilient Cities
Urban areas are the source of a staggering 75% of global carbon emissions while expecting to house 70% of the world’s population by 2050. Cities are facing immediate dangers like higher temperatures, rising sea levels, extreme weather, and erratic rainfall patterns. This alarming scenario demands substantial financial investments to mitigate and adapt to climate…
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Big changes in applying for federal financial aid are coming: Temple official breaks down what it all means.
The U.S. Department of Education is preparing to roll out the biggest changes in the federal financial aid application for college in decades.Students, parents and financial aid offices are waiting to see what the new Free Application for Federal Student Aid, or FAFSA, looks like. All indications are that the new forms will reduce the…
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Finance chief Paul Chan updates Xi Jinping on Hong Kong at Apec talks
Hong Kong’s finance chief updated Chinese President Xi Jinping on the city’s economic and social situation, including steps taken to lure talent and companies, when they met at the
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AI to ‘transform’ finance and accounting
A third of business leaders believe that artificial intelligence (AI) will “transform” finance and accounting, according to newly published research.Cloud-based accounting software provider bluQube surveyed business leaders to gauge their opinion on the technology, which has been described as both an incredible opportunity but also a considerable threat to the future of society. Respondents think…
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Over a fifth UK adults say they won’t seek finance advice, even if it was free
One in ten UK adults do not trust financial advisers Less than half of UK adults have ever seen a financial adviser Canada Life and financial services consultancy, AKG, have partnered to deliver a comprehensive new report, ‘State of Flux’, which considers the many factors that shape the current financial advice market, and the potential…
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Mayor, Police Chief ask Elyria Finance Committee to bump base pay for officers
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Brazil: CVM approves the international standard on sustainability-related financial disclosures
In brief Following the release of the inaugural standards of the International Sustainability Standards Board (ISSB) — IFRS S1 and IFRS S2 — the Securities and Exchange Comission of Brazil (CVM) released the first delivery of what it calls the CVM’s Sustainable Finance Action Plan: CVM Resolution 193, which deals with the preparation and disclosure…
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Yearn Finance price crashes 40%, undoes five-day gains in five hours
Share: Yearn Finance price faces an immense sell-off, knocking the YFI token down by 40%. Profit-taking in altcoins is likely going to trigger double-digit losses for many altcoins. Bitcoin price continues to move sideways around the $36,000 region with no directional bias. Yearn Finance (YFI) price has suffered a massive selling spree that has resulted in…
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Germany’s lower house of parliament approves Financing for the Future Act
BERLIN, Nov 17 (Reuters) – Germany’s lower house of parliament on Friday passed the Financing for the Future Act, to promote start-ups and improve access to capital markets.The objective of this law is to make Germany more attractive for entrepreneurs and to help drive the economy of Europe’s industrial powerhouse.In the future, companies will be…
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Short seller Jim Chanos to close his main hedge funds
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.One of Wall Street’s best-known bears, Jim Chanos, has told his backers he is closing his main short-focused hedge funds after more than three decades.Chanos is best-known for his bet against Enron, the energy trader that collapsed…