Global Climate Finance Agreement at COP29 Conference in Baku

Countries agree on $300 billion annual finance target to help poorer nations deal with climate change impacts. Deal hailed as insurance policy for humanity. Agreement reached at COP29 conference in Baku after intense negotiations.

Wall Street Executives Flocking to Donald Trump

Wall Street executives are starting to support former President Donald Trump after feeling the impact of the Biden administration's anti-business policies. Many prominent figures in finance are now backing Trump's reelection campaign, citing concerns over Biden's approach to Wall Street and Silicon Valley.

Rishi Sunak considering honouring Eric Schmidt and Jamie Dimon

UK Prime Minister Rishi Sunak is considering bestowing an honour upon former Google CEO Eric Schmidt and JPMorgan Chase boss Jamie Dimon, sparking speculation about Sunak's future plans post-Downing Street. The honours for non-UK citizens are being handled by the Foreign Office with less scrutiny compared to UK citizens' honours. Schmidt's nomination is seen as potentially having a 'financial sector flavour' given Sunak's background in finance.

Finance Leaders of G7 Nations to Reaffirm Commitment on Currency Moves

Finance leaders of the G7 nations will reaffirm their commitment to warning against excessively volatile and disorderly currency moves, according to a draft statement seen by Reuters.

Panama President-elect's Cabinet Appointments

Panama President-elect Jose Raul Mulino appoints business leaders and an economist to his cabinet, promising a pro-private sector administration. The new appointments signal a focus on sound fiscal management and continuity with the economic strategy of former President Martinelli.

Chinese Financiers Turn to Card Game Amid U.S.-China Tensions

Amid U.S.-China tensions and restrictions on investment, Chinese financiers are turning to the card game Guandan as a social skill and networking tool, with the game becoming increasingly popular in the Chinese finance sector.

Shakira facing second investigation for tax evasion

Shakira faces a second investigation into her finances after being accused of tax evasion in Spain. She previously settled a separate tax evasion issue with the Spanish government. She chose to settle the case to focus on her kids and career.

Legal Battle Over Former President Trump's Finances

Former President Trump's lawyers say he cannot secure a $454 million bond in his New York fraud case. TV personality Kevin O'Leary clashes with a CNN anchor over Trump's finances and assets. O'Leary criticizes the judgment and says it sends a negative message worldwide.

Israel's Diaspora Bonds in Response to War with Hamas

Israel's war with Hamas has led the country to sell $2 billion worth of diaspora bonds, a unique type of bond sold to individuals living overseas who feel a connection to their country of origin. These bonds have been used as a fundraising tool since 1951 and have been successful in raising funds during emergency situations like the start of the pandemic and after the Hamas attacks.