Hints and tips:
...The dominant theme will be insurance companies, providing further evidence of the damage being done by inflation to the sector, especially motor insurers, as the price of parts and other claims costs rise...
...Change comes slowly at Lloyd’s of London, the 332-year-old insurance market. Recently its bosses relaxed a rule saying that men must wear ties....
...The company believes that General Motors and Chrysler will also have to redesign their vehicles to meet strict new fuel-efficiency standards....
...(Financial Times) The US’s road safety regulator on Tuesday delivered its strongest public rebuke so far over General Motors’ handling of a botched ignition switch recall when it called the company’s failure...
...Lee Kun-hee, the 70-year-old chairman of Samsung Electronics and South Korea’s richest man, will have food for thought after the company’s legal defeat by Apple in California last Friday....
...The owner of Gap, Old Navy and Banana Republic chains raised its full-year guidance. Shares, which fell during the session, rallied 3.3 per cent to $33.26 in after-hours trading....
...“We are a hybrid, a publicly listed industrial holding company.”...
...Another 130 posts are to be shed by AVX, the mobile phone component maker, as it transfers work from Paignton in Devon to the Czech Republic....
..., the finance arms of the two companies....
...It is more of a social insurance system for employees and retirees than an exemplar of shareholder capitalism. In short, GM looks increasingly like a Japanese stakeholder company, as does Ford Motor....
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