-
AI revolutionises the finance industry
image: @ matejmo | iStock Rohan Whitehead from the Institute of Analytics (IoA), walks us through how AI revolutionises the finance industry The Institute of Analytics (IoA) has a strong interest in AI and actively engages with the topic. While AI brings undeniable benefits to various sectors, it is important to acknowledge the risks that…
-
I fired my financial adviser after he ‘stonewalled’ me for over a year. But now I’m sitting on annuities and 2 jumbo CDs. What’s my move?
What type of planner should I be looking for and how can I be certain I won’t end up in another “disappointing” relationship with an adviser? Getty Images Question: I saw the article about the fellow who wanted to buy a car but was basically stonewalled by his financial adviser in terms of further…
-
Israeli minister supports ‘voluntary migration’ of Palestinians in Gaza
Israel’s far-right finance minister, Bezalel Smotrich, says the “voluntary migration” of Palestinians in Gaza is the “right humanitarian solution” for the besieged enclave and for the region, a stance Palestinian officials liken to support of “ethnic cleansing”.Smotrich made the comments after Knesset members Danny Danon, the former Israeli ambassador to the United Nations, and Ram…
-
Finance may be junked from EU climate law, leaked memo shows. Critics say it could be unenforceable
LONDON (AP) — A flagship EU law intended to push European companies toward net zero faces being seriously weakened by member states, a confidential document passed to The Associated Press reveals, with firms seemingly no longer forced to implement Paris Agreement goals.Should I buy or lease a car? | Your WalletOffEnglishThe Corporate Sustainability Due Diligence…
-
Facing Financial Ruin as Costs Soar for Elder Care
Margaret Newcomb, 69, a retired French teacher, is desperately trying to protect her retirement savings by caring for her 82-year-old husband, who has severe dementia, at home in Seattle. She used to fear his disease-induced paranoia, but now he’s so frail and confused that he wanders away with no idea of how to find his…
-
Blackstone lends US$200 million construction finance for US commercial PV developer Altus
On the same day, Altus released its third quarter financial results, in which it reported Q3 2023 revenues of US$45.1 million, up 22% from the same period in the previous year, adjusted EBITDA of US$29.1 million – a 50% increase from Q3 2022 – and reaffirmed guidance for adjusted EBITDA for the full year to…
-
Facing Financial Ruin as Costs Soar for Elder Care
Margaret Newcomb, 69, a retired French teacher, is desperately trying to protect her retirement savings by caring for her 82-year-old husband, who has severe dementia, at home in Seattle. She used to fear his disease-induced paranoia, but now he’s so frail and confused that he wanders away with no idea of how to find his…
-
Survey: Minnesota hospitals report hefty financial losses
The Minnesota Hospital Association reported Monday that many of the state’s health systems are losing money at a growing clip. The MHA, a trade group that represents care providers that include large Twin Cities health systems and small rural hospitals, said that 67 percent of its members that took part in a recent survey reported…
-
Orsted finance chief and COO out after $4bn US offshore wind debacle
Orsted’s chief financial officer Daniel Lerup and its chief operating officer Richard Hunter are stepping down “in mutual agreement”, the Danish utility said less than two weeks after cancelling two gigascale US offshore wind projects, which triggered $4bn in impairment charges.“Orsted, along with the rest of the industry, is experiencing a challenging and volatile business…
-
Danish renewables major Ørsted replaces finance and operating chiefs
Ørsted has replaced its finance and operating chiefs with immediate effect, with CEO Mads Nipper saying a change was needed to help the company navigate a “challenging and volatile business environment”. by Craig Richard