Daily Express - Finance
3 hours
INVESTORS have seen their dividend payments jump 16 per cent since the start of the year thanks to a lift from a slump in the pound, a report said.
Politico
4 hours
The proposed wall along the U.S.-Mexico border could be paid for by reducing erroneously issued tax credits that go to “mostly Mexicans,” said Attorney General Jeff Sessions on Sunday. Speaking on ABC’s This Week, Sessions weighed in on the fight over funding for the wall that is becoming part of the high-stakes negotiations between the White House and Congress over keeping the government funded after April 28. “We're going to get paid for it one way or the other,” Sessions said of the wall. “I know there's $4 billion a year in excess payments, according to the Department of the Treasury's own inspector general several years ago that are going to payments to peopletax credits that they shouldn't get. Now, these are mostly Mexicans. And those kind of things add up — $4 billion a year for 10 years is $40 billion. There are a lot of ways we can find money to help pay for this.
BBC News 24
6 hours
a benefits change which limits payments to two children, unless a woman can show a third child resulted from rape or coercion. This Tory Government is forcing women to prove that they have been raped before they get access to benefits for their children. I will give..
Politico
8 hours
“The business has never been better,” he said to the Associated Press. Everything was “running flawlessly,” he added in a story in the New York Times , which appeared under a headline that read, “An Empire at RiskDebt Forcing Trump to Play for Higher Stakes.” The Trump Taj Mahal casino filed for bankruptcy in 1991. The Trump Castle and the Trump Plaza casinos filed for bankruptcy in 1992. “I’m doing great,” he told the Times in 1993. And he was right in that it could have been worse. Trump ended up not ever having to file for personal bankruptcy and escaping from his “ blip ,” as he would come to call his not-quite-Waterloo of the ‘90s, because of family money and because the banks had lent him such staggering sums he was effectively too big to fail . The banks let him defer payments and put him on an allowance— of $450,000 a month . Trump then completed his comeback partly by going public with his casinos and shifting restructured debt to shareholders who would rue placing their trust in Trump.
Washington Free Beacon
10 hours
The Economic Times
11 hours
NEW DELHI: Financial institutions are increasingly at risk of losing business to fintech innovators, with 67 per cent already feeling the heat, says a PwC study. Incumbents are also looking to explore partnerships with the new entities to foster innovations, it added. Consumers in India are increasingly getting attracted to non-traditional financial service providers, starting with payments and fund transfers. According to PwC's Global FinTech Report, 67 per cent believe their business is at risk from financial technology (fintech) firms and as many as 95 per cent of incumbents seek to explore fintech partnerships to boost innovations. "A majority of the players say they are embracing FinTech and seek to utilise it to grow and transform their businesses. FinTech to us is really about the interplay between different players in the ecosystem and how they work together to disrupt the Financial Services industry.
The Economic Times
12 hours
NEW DELHI: India Post Payments Bank (IPPB) will start selling mutual funds and insurance products of other companies by early 2018 and is open only to "non- exclusive" tie-ups, its Chief Executive A P Singh has said. Nearly 100 firms, both domestic and foreign, have evinced interest in partnering the government-promoted IPPB. In an interview to PTI, Singh said that IPPB will start full-fledged operations in every district of the country by September 2017. The bank had launched its pilot project with a branch each in Raipur and Ranchi on January 30 this year. Asked about plans to diversify and sell third party products through its platform, Singh said he is looking at offering only those products which customers can easily understand. "We will sell third-party products, but it is a question of biting as much as I can chew. We basically will provide a platform and the idea is to open it to everyone on a non-exclusive basis," he said.
BBC News 24
15 hours
robbed women of their pension entitlement. Let's think about the damage a Tory Government could do with a bigger majority. She focused on what the SNP are calling the rape clause, a benefits change which limits payments to two children, unless a woman can show a third child resulted from rape or coercion
ITV4
a day
Don't worry. They can use their savings as security for your deposit and get them back, with interest, in three years, if you keep up your payments. I will. A Family Springboard mortgage is one of the many ways we're helping first-time buyers
Washington Free Beacon
a day
The five applications are the latest in a string of troubling news for those who planned their retirements around the pensions promised to them by unions. Many labor funds, already on shaky ground following the 2008 financial crash, have been threatened by the bankruptcy of companies that previously contributed to the plans, as well as an aging workforce that has led in some cases to retirees outnumbering union members. In February, Teamsters Local 707 announced that its pensions accounts had run dry. The Pension Benefit Guaranty Corporation (PBGC), an independent federal agency funded by contributions from pension funds, took over responsibility for the payments given to 4,000 members. It slashed benefits by more than 60 percent. The PBGC, however, is on equally shaky ground as more and more private sector and union retirement funds file for relief.
Washington Free Beacon
a day
Plymouth Herald
a day
A Plymouth businessman and his wife whose company was driven into administration five years ago will go to court next week in a bid to win more than £30 million from the Royal Bank of Scotland.Michael and Diane Hockin saw the property business they had built up over 25 years forced into administration in spring 2012 after a dramatic increase in their interest payments.London and Westcountry Estates, based at Faraday Mill in Plymouth, owned property across the South West and at its height...
The Iran Project
2 days
Press TV Key Italian oil refiner Saras says it has cleared all the debt it owed Iran for oil purchased before sanctions were imposed against the country in 2012. Saras General Manager Dario Scaffardi was quoted by Reuters as saying that the debt – which amounted to €400 million – had been cleared in the first quarter of this year. The company which is partly owned by Russian oil giant Rosneft used to take a significant part of its feedstock from Iran before sanctions. It has resumed shipments since, Reuters added. Saras announced last November that it had paid160 million of the debt it owned Iran for previous crude oil purchases and that the rest of the payments would be made in the near future. The company had earlier in 2016 paid back about €100 to Iran for unsettled oil purchases. Sanctions against Iran were lifted in January 2016 after a deal that the country had sealed with the five permanent members of the Security Council plus Germany came into effect.
Times of Israel
2 days
Western Daily Press
2 days
Delays to the construction of the Hinkley Point nuclear power station could be on the cards, if a dispute over bonus payments flares up into industrial action, unions have warned. Trade unions Unite and the GMB will be holding a consultative ballot of the 700-strong workforce preparing the groundworks at the site near Bridgwater, and the news comes days after crew members had to be rescued from a Hinkley Point ship as it began to sink in the Bristol Channel. The pay dispute centres on...
Plymouth Herald
2 days
A Plymouth businessman and his wife whose company was driven into administration five years ago will go to court next week in a bid to win more than £30 million from the Royal Bank of Scotland.Michael and Diane Hockin saw the property business they had built up over 25 years forced into administration in spring 2012 after a dramatic increase in their interest payments.London and Westcountry Estates, based at Faraday Mill in Plymouth, owned property across the South West and at its height...
Politico
2 days
“We’ve finally boiled this negotiation down to something that we want very badly that the Democrats really don't like, and that’s the border wall,” Mulvaney said. “At the same time, there's something they want very badly, that we dont want very much, which are these cost-sharing reductions, Obamacare payments.” The Obamacare cost-sharing subsidies cost about $7 billion per year, while Trump initially asked for about $1.4 billion to begin construction of the border wall. The former conservative lawmaker also acknowledged that Congress is more likely to pass a short-term spending bill next week than face a shutdown.
Sputnik International
2 days
An Alaskan dentist is in hot water after it was alleged he was providing unnecessary treatments to maximize his payments from Medicaid – and for performing a tooth extraction while standing on a hoverboard to show off to his friends.
Politico
2 days
“At the same time there's something they want very badly, that we dont want very much, which are these cost-sharing reductions, Obamacare payments.” The Obamacare cost-sharing subsidies cost about $7 billion per year, while Trump initially asked for about $1.4 billion to begin construction of the border wall. The former conservative lawmaker also acknowledged that Congress is more likely to pass a short-term spending bill next week than face a shutdown.
Politico
2 days
Global News
2 days
There's more to it than lower monthly payments
The Economic Times
2 days
The ministry of IT is also planning to set up 25,000 Wi-Fi hotspots in remote areas to offer basic online services to hi-end ones, such as tele-medicine and tele-education. The ‘Railwire Saathiplan also proposes to offer paid Internet access at the station using Wi-Fi hotspots for small denominations such as Rs 10 for 30 or 60 minute of access, along with monthly plans in the range of Rs 50 and Rs 100. Online shopping could be another pull factor. Railways hope that ‘Railwire Saathi’ can be the nodal point for ordering as well as delivery since online payments are a hurdle for most people. Once ‘Railwire Saathis’ are operational in majority of the stations, railway stations can become potential e-commerce hubs using the parcel service of railways to ferry goods. ET View: Forward Looking It would make perfect sense to boost the digital economy in smaller towns.
Scunthorpe Telegraph
2 days
The 12 board members of the Scunthorpe based housing association Ongo Homes last year received payments totaling £50, 000. The first ever payments ranged from £2,000 to £10,000 per director depending on their responsibilities. Prior to April last year were paid only expenses in line with the rules for charitable subsidiaries. MORE: What you need to know about driving law changes in 2017 Following a change of rules at the annual general meeting members of the commercial and...
Sky News
2 days
do you need to reduce the deficit? During the next financial year the interest on the national debt will be £46 billion. The total budget for defence is 48, the budget for transport is 37 billion and you can see the interest payments are.