Finance: Corresponding damage | Southern Africa

Finance: Corresponding damage | Southern Africa

In a climate of derisking, many international banks do not want to do business with their counterparts in Zimbabwe, raising costs throughout the economy   Western countries say that their sanctions on Zimbabwe are targeted so as to not hurt the average citizen, but their impact on the financial sector is raising costs across the […]

Buy or Sell AT&T Inc. Stock With Its 6% Dividend Yield?

Buy or Sell AT&T Inc. Stock With Its 6% Dividend Yield?

It hasn’t been the smoothest ride for AT&T Inc. (NYSE:T). In fact, after failing to push through $40 several times in 2016 and 2017, it’s been all downhill for T stock. Shares have already lost a whopping 15% so far on the year. Investors in the name have to be getting fed up with this […]

G7 finance chiefs kick trade dispute to leaders’ summit in Quebec

G7 finance chiefs kick trade dispute to leaders’ summit in Quebec

WHISTLER, British Columbia (Reuters) – Finance leaders of the closest U.S. allies vented anger over the Trump administration’s metal import tariffs on Saturday, ending a three-day meeting with a stern rebuke of Washington and setting up a heated fight at a G7 summit next week in Quebec. In a rare show of division among the […]

Charles Kushner says meeting with Qatar’s finance minister was ‘wrong’

Charles Kushner says meeting with Qatar’s finance minister was ‘wrong’

Charles Kushner, the real-estate developer and father of President Donald Trump’s senior adviser, Jared, said in an interview with The Real Deal that his much-scrutinized meeting with the Qatari finance minister last year was “wrong.” The meeting occurred in New York City just months after Trump’s inauguration, and the men discussed financing for Kushner’s 41-story […]

Yahoo Finance Morning Brief: June 1, 2018

Yahoo Finance Morning Brief: June 1, 2018

Friday, June 1, 2018 What to watch today The Bureau of Labor Statistics’ employment situation report for the month of May is expected to show 190,000 jobs were added to the economy in May with the unemployment rate expected to stay put at 3.9%. Economists will also be closely watching wage data, with average hourly […]

HSBC approaches RBS’s Ewen Stevenson for CFO role

HSBC approaches RBS’s Ewen Stevenson for CFO role

Martin Arnold May 31, 2018 Print this page HSBC has approached Ewen Stevenson, the chief financial officer at Royal Bank of Scotland, to replace Iain Mackay as its CFO after both men seemed to be passed over in the race to become chief executives of their respective banks. The move would be the first major […]

Buncombe County finance director resigns

Buncombe County finance director resigns

Buncombe County finance director Tim Flora submitted his resignation Wednesday. (Photo credit: WLOS staff) ASHEVILLE, N.C. (WLOS) —  One year ago, Wanda Greene announced her retirement after two decades as the Buncombe County manager. A lot has happened in the last year, and now county finance director Tim Flora has resigned. “The time is right […]

Congress blinks, may let Kumaraswamy keep finance

Congress blinks, may let Kumaraswamy keep finance

BENGALURU: Karnataka chief minister HD Kumaraswamy is likely to keep the finance portfolio, a bone of contention between JD(S) and Congress + , with the latter said to be agreeable to the former’s demand, sources said on Tuesday. It appears that Kumaraswamy’s father H D Deve Gowda’s deft navigation is behind JD(S) winning the battle. […]