Climate-Linked Spending Set to Rise to a Quarter of EU Budget

Climate-Linked Spending Set to Rise to a Quarter of EU Budget

The European Union's executive is poised to propose spending 25 percent of funds available in next EU multiannual budget on activities related to climate protection, making sure new economic and political challenges don't weaken the bloc's resolve to fight pollution.
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Ritchie Bros. sells CA$207+ million of equipment in its largest Canadian auction of 2018

Approximately 89 percent of the equipment in the auction was sold to Canadian buyers, with buyers from Alberta purchasing 55 percent, while international buyers from countries such as the United States, China, and the United Arab Emirates purchased 11 percent of the equipment. Approximately 58
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Lewis Hamilton knows good fortune in Baku cannot mask Mercedes' failings

After inheriting an unexpected win at the Azerbaijan Grand Prix on Sunday, Lewis Hamilton has warned his team that he cannot rely on similar good fortune in his title defence against Sebastian Vettel. Hamilton won in Baku after a dramatic finale prompted by a late safety car. His team-mate Valtteri
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The free transfers which could save Leeds United a fortune this summer

This abomination of a season for Leeds United will finally end this week and we can all look forward to a World Cup and transfer speculation. The summer transfer window opens around May 17, 12 weeks before the earlier deadline of August 9, which means deals will need to be sewn up quicker than
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America's Mortgage Market Is Still Broken

Looking back, it's easy to see what made U.S. housing finance so vulnerable. Loosely regulated companies, financed with flighty short-term debt, did much of the riskiest lending. Loan-servicing companies, which processed payments and managed relations with borrowers, lacked the incentives and
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Data Sheet—Why Big Tech Will Dominate Policy Debates for Decades

Alan Murray here, filling in for Adam Lashinsky, who in turn is subbing for me at CEO Daily. Don't ask us why. Just take a deep breath, and know it will all be over in five days. My friend Michael Boskin has posted a smart piece on Project Syndicate, listing the five reasons why big tech companies—which
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Halifax brings in £1000 cashback deal for FTBs and homemovers

Halifax is the third lender in the last seven days to bring in first-time buyer mortgage with £1,000 cashback. Accord Mortgages last week launched a range of 95 per cent LTV mortgages with £1,000 cashback, as did Newcastle Intermediaries. In February, Leeds Building Society introduced £1,000
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Zurich retains title sponsorship of PGA Tour New Orleans event

Golf's PGA Tour has announced that financial services company Zurich Insurance has extended its title sponsorship of the Zurich Classic of New Orleans tournament until 2026. The seven-year extension was announced at the TPC Louisiana course on Sunday as this year's edition of the team event
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Brazil govt plans to raise $2.7 billion via real estate selloff: paper

SAO PAULO, April 30 (Reuters) – Brazil's government will sell the minority stake it holds in 276,000 pieces of real estate spread throughout the country in a process it projects will bring in 9.3 billion reais ($2.69 billion), a newspaper said on Monday. Citing an official in the country's Planning Ministry,
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Tesla Is Burning $6500 Every Minute. It's Probably Going to Need to Raise a Lot More

At the beginning of April, Tesla founder and CEO Elon Musk joked about the company going bankrupt, but it appears that such a seemingly unlikely outcome is no laughing matter. There is now a “genuine risk” that the electric car company won't have enough money to make it out of this calendar year,
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Nationwide app goes down on miserable Monday after week of TSB online banking chaos

The bank's app stopped working properly this morning as a new week dawned following an IT meltdown at TSB which stopped customers accessing their accounts for days on end. On its website, Nationwide wrote: 'Our banking app is taking a long time to load this morning. Please try again later or use
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Buying a home? Sellers may use cameras, microphones to spy on house hunters

Home buyer, beware! The seller may be watching. And listening. A growing number of home sellers are using security cameras and microphones to spy on potential buyers as they tour their houses or condos. They then may use what they hear or see as leverage in price negotiations. The trend has
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Direct lending's growing pains

More and more private equity sponsors in Europe are now comfortable using direct lenders in their deals – indeed many have done so multiple times. After a record volume of fundraising in 2017, funds are competing ever more fiercely for the mandates on offer – and in the process some are losing sight
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Can FinTech Walk The FinTalk?

LendingClub is considered one of the pioneers in marketplace lending — a supposedly disruptive model that wasn't about lending money and making money the good, old-fashioned way, but about creating a tech-driven front and back end to originate loans and then making money when those loans
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Why Sprint Shares Are Plummeting on News of Its Takeover by T-Mobile

Sprint plummeted 14% on concern that a proposed $26.5 billion takeover by T-Mobile US will get rejected by antitrust enforcers. The deal, announced on Sunday, would combine two of the four biggest wireless carriers in the U.S. That sets the stage for an in-depth investigation by the Justice Department
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BRIEF-Ad Dulayl Industrial Park And Real Estate Q1 Profit Rises

BRIEF-Ad Dulayl Industrial Park And Real Estate Q1 Profit Rises. Reuters Staff. 1 Min Read. April 30 (Reuters) – AD DULAYL INDUSTRIAL PARK AND REAL ESTATE COMPANY: * Q1 PROFIT ATTRIBUTABLE TO SHAREHOLDERS 259,471 DINARS VERSUS 177,299 DINARS YEAR AGO
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'Step one': More action needed from AMP, say major investors

AMP investors want more of the company's board members to step aside, including eventually new interim executive chairman Mike Wilkins, and executives to have their pay docked for misbehaviour. The calls for more action came as law firm Phi Finney McDonald and IMF Bentham flagged a class
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Santander shakes off branch limits as it regains passing CRA score

Santander Bank in Boston has regained its passing Community Reinvestment Act grade, allowing the bank to once again open new branches and accept public deposits. The $74.5 billion-asset bank — a unit of the Spanish banking giant Banco Santander — said Monday that it has received a
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Property sector should not be a soft target for budget

In the lead up to the release of the State Budget on May 10, UDIA is calling on the state government not to treat the property market as an easy target for revenue raising. With the property market recovery in its early stages it's important that there are no increases to land tax rates or stamp duty included in
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UK equestrian sponsorship round-up

Land Rover has extended its commitment of Blair Castle International Horse Trials to become title sponsor. The company, which was official vehicle partner in 2017, has signed a three-year title sponsorship agreement. Scott Dicken, Jaguar Land Rover UK marketing director, said: “We see the equestrian
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