Simply Finance Simply News from Qurrent
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Every day, a team of AIs deliver simple, straightforward news from the world of finance.
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Costco’s $1.50 Hot Dog Stays, Wood County BOE Makes Finance Director Decision
Costco's new finance exec reassures shoppers about the $1.50 hot dog. The Wood County Board of Education votes on the finance director's contract. Plus, Money Masters Leasing & Finance reports Q4 results, and the financial troubles of Milwaukee Public Schools raise questions about dismantling the district.Sources:https://nypost.com/2024/05/30/us-news/costcos-new-chief-finance-officer-confirms-1-50-hot-dog-price-is-safe/https://www.newsandsentinel.com/news/local-news/2024/05/wood-county-boe-votes-to-not-renew-contract-for-finance-director/https://www.livemint.com/companies/company-results/money-masters-leasing-finance-q4-results-live-profit-falls-by-31-86-yoy-11717134051636.htmlhttps://www.fox6now.com/news/mps-finance-report-dismantle-school-districtOutline:(00:00:00) Introduction(00:00:45) New Costco finance exec reassures shoppers that beloved $1.50 hot dog...(00:03:51) Wood County BOE votes to not renew contract for finance director(00:06:50) Money Masters Leasing & Finance Q4 Results Live : profit falls by 31.86% YOY(00:10:15) MPS finance problem: Dismantling school district a familiar question
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Car Dealers Investigated for High Interest Rates, Atlanta Approves Financing for Affordable Housing
Car dealerships under investigation for high interest rates. Atlanta takes steps towards affordable housing. Plus, Brazil's finance minister pushes for taxing the super-rich internationally. Also, the University of Pittsburgh publishes an ESG report on fossil fuel divestment.Sources:https://www.theguardian.com/business/article/2024/may/30/fleecing-the-man-off-the-street-car-dealers-investigated-over-high-interest-rateshttps://www.11alive.com/article/news/local/invest-atlanta-board-approves-finances-over-400-affordable-housing-units/85-3f74109e-6624-4de8-89a4-a4a24febf89ahttps://www.lemonde.fr/en/economy/article/2024/05/30/brazil-s-finance-minister-taxing-the-super-rich-is-both-an-emergency-and-a-necessity_6673093_19.htmlhttps://pittnews.com/article/188609/featured/pitt-office-of-finance-publishes-esg-report-for-fiscal-year-2023/Outline:(00:00:00) Introduction(00:00:42) ‘Fleecing the man off the street’: Car dealers investigated over high interest rates(00:03:49) Invest Atlanta Board approves finances for over 400 affordable housing units(00:06:22) Brazil's finance minister: 'Taxing the super-rich is both an emergency and a necessity'(00:09:05) Pitt Office of Finance publishes ESG report for fiscal year 2023
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Tax Incentives for Local Firms, Widening Gender Pay Gap in Finance, Hong Kong vs Singapore Competition, and Consumer Advocacy Triumph
South Korea's finance chief hints at tax incentives for local firms. The gender pay gap in finance widens, calling for action. Hong Kong makes a case for being more attractive than Singapore. A finance company comes to the rescue of two viewers. Stay informed on these important finance stories with Simply Finance.Sources:https://business.inquirer.net/461149/s-korea-finance-chief-hints-at-tax-incentives-for-local-firmshttps://www.euronews.com/business/2024/05/29/women-in-finance-falling-behind-as-top-earners-as-uks-gender-pay-gap-widenshttps://www.scmp.com/news/hong-kong/article/3264487/hong-kong-more-entrepreneurial-open-and-diverse-singapore-finance-chief-paul-chan-tells-ushttps://www.azfamily.com/2024/05/29/update-finance-company-says-two-valley-viewers-wont-have-pay-12k-flooring-bill/Outline:(00:00:00) Introduction(00:00:42) S. Korea finance chief hints at tax incentives for local firms(00:03:09) Fewer women in finance are top earners as UK gender pay gap widens(00:07:15) Hong Kong is more entrepreneurial, open and diverse than Singapore: Paul Chan(00:10:12) Update: Finance company says two Valley viewers won’t have to pay $12K+ flooring bill
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Power Finance Corporation Shares Surge, Technology Enhances Islamic Finance Traceability
Power Finance Corporation shares hit a new peak for the third day in a row. Islamic Financial Services Board says technology could make Islamic finance traceability even more secure. Plus, Finance Minister Aurangzeb and US envoy discuss the economy. Also, live blog on Bajaj Finance share price for May 28, 2024.Sources:https://www.livemint.com/market/stock-market-news/pfc-share-price-power-finance-corporation-shares-hit-new-peak-for-third-day-in-a-row-more-steak-left-11716873656459.htmlhttps://www.cnbc.com/video/2024/05/28/financial-standard-setting-board-discusses-islamic-finance.htmlhttps://www.dawn.com/news/1836111https://www.livemint.com/market/live-blog/bajaj-finance-share-price-today-latest-live-updates-on-28-may-2024-11716863652227.htmlOutline:(00:00:00) Introduction(00:00:44) PFC share price: Power Finance Corporation shares hit new peak for third day in a row. More steak left?(00:02:47) Finance Minister Aurangzeb, US envoy discuss economy(00:05:20) Bajaj Finance Share Price Live blog for 28 May 2024
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CCEP Appoints New CFO, Hong Kong’s Green Finance Opportunity, G7 Concerns Over China’s Overcapacity, WHO’s Innovative Financing Mechanism
Coca-Cola Europacific Partners names Ed Walker as new finance chief. Hong Kong has a golden opportunity to lead Asia's net-zero mission through green finance. G7 finance chiefs express concerns about China's industrial overcapacity. The World Health Organization unveils a finance mechanism to raise $7 billion for global health crises. Stay informed about these key financial developments and their implications for companies, economies, and global health initiatives.Sources:https://www.esmmagazine.com/a-brands/ccep-names-ed-walker-as-new-finance-chief-266134https://www.finextra.com/blogposting/26239/green-finance-is-hong-kongs-golden-opportunity-to-lead-asias-net-zero-missionhttps://www3.nhk.or.jp/nhkworld/en/news/20240526_02/https://www.firstpost.com/world/who-unveils-finance-mechanism-to-raise-7-billion-for-global-health-crises-13775400.htmlOutline:(00:00:00) Introduction(00:00:40) CCEP Names Ed Walker As New Finance Chief(00:02:58) Green finance is Hong Kong’s golden opportunity to lead Asia’s net-zero mission(00:05:45) G7 finance chiefs express concerns about China's industrial overcapacity(00:08:48) WHO unveils finance mechanism to raise $7 billion for global health crises
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SRG Housing Finance Reports Impressive Q4 Results, Egypt Launches Innovative Property Tax System
SRG Housing Finance's Q4 results show a 45.65% YoY increase in profit. Egypt collaborates with eTax and e-finance to launch an innovative property tax system. Plus, G7 finance chiefs express concerns about China's industrial overcapacity and G7 finance ministers back a plan to use Russian assets for Ukraine funding.Sources:https://www.livemint.com/companies/company-results/srg-housing-finance-q4-results-live-profit-rise-by-45-65-yoy-11716670654699.htmlhttps://www.dailynewsegypt.com/2024/05/26/egypt-launches-innovative-property-tax-system-in-collaboration-with-etax-e-finance/https://www3.nhk.or.jp/nhkworld/en/news/20240526_02/https://www.pravda.com.ua/eng/news/2024/05/25/7457612/Outline:(00:00:00) Introduction(00:00:43) SRG Housing Finance Q4 Results Live : profit rise by 45.65% YOY(00:03:37) Egypt launches innovative property tax system in collaboration with eTax, e-finance(00:06:16) G7 finance chiefs express concerns about China's industrial overcapacity(00:09:42) G7 finance ministers back plan to use Russian assets for Ukraine funding