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The FT’s fifth annual ranking of the region’s businesses by revenue growth.
...Shares in Travelers, one of the biggest US insurers, rose 7 per cent in early trading on Wall Street after it posted fourth-quarter net profits of $1.6bn, doubling from the same period the previous year...
...“There is a lot of cover for the [protection and indemnity] element to address,” said Neal, citing the $3bn of liability reinsurance that the ship has access to through the International Group of P&I Clubs...
...But an analysis of the indemnity clauses published by the cloud computing companies show that the legal protections only extend to the use of models developed by or with oversight from Google, Amazon and...
...Insurer databases showed Dali had liability insurance through Britannia, one of a global group of protection and indemnity insurers that shares losses and are ultimately reinsured at Lloyd’s of London....
...Still, that’s quite the drag on the UK government’s finances over the next few years, all because of an indemnity to guard the BoE against the optics of fiscal dominance....
...One focus is likely to be the protection and indemnity insurance covering the ship, a must-have liability insurance intended to pay out for crashes, oil spills and other disasters, the people said....
...BROOKE MASTER: The whole period in the 80s and 90s came at a time when lots of companies were combining in lots of different areas....
...Because that isn’t spiteful enough, the indemnity levied on France amounts to around a quarter of its national output....
...Information technology companies make up only 1 per cent of the FTSE 100; in the S&P 500, it’s 29 per cent....
...Still, the Travelers executive did admit to some anecdotal evidence of bigger hail....
...Farmers in Latin America are rushing to plant cocoa as the price of chocolate’s main ingredient soars amid a global shortage of supplies....
...In overturning his pay package, the court said Musk, who owns more than a fifth of the company, was too cosy with Tesla’s board and the value of the package was unfair to other shareholders....
...The Financial Reporting Council, reviewing 263 mainly FTSE350 companies as part of its latest annual review, found 25 requiring restatements of their accounts....
...of smaller companies....
...Ross’s Hard Rock Stadium in Miami is one of the venues. The US is also set to host next year’s Copa América and the revamped Fifa Club World Cup in 2025....
...Methodology The FT Americas’ Fastest-Growing Companies 2024 is a list of the 500 companies in the Americas that have the highest growth in publicly disclosed revenues between 2019 and 2022....
...Another possibility is for companies to spin off part of their business to list in the US. Again, this is only applicable to a few and might reduce the liquidity of a company’s main European listing....
...US GDP: Economists expect the advance estimate for first-quarter US economic growth to be 2.4 per cent, after gross domestic product expanded by 3.4 per cent in the fourth quarter of 2023....
...Geico and National Indemnity or the BNSF railroad....
...His refusal to sell has been reminiscent of a practice that Weill imparted on all of his top executives while building financial services group Travelers back in the day, making them swear a “blood oath”...
...Revenue is expected to have declined 9.5 per cent to $16.2bn in the three months ending March. The company is expected to report a loss of $1.21 a share, compared with a loss of 69 cents a year ago....
...If it is a charitable company, you will also be a director under company law and need to ensure the charity complies with company law requirements in addition to charity law....
...“A wide range of growth initiatives across the group is now starting to deliver,” he said. The company expects full-year organic sales growth in a range of about 4 per cent for the full year....
...The Magnificent Seven — some of the biggest and best-known US companies, which dominate global market indices — have not been looking so mighty after worries about their future growth prospects caused steep...
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