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...The $91.6mn bond was underwritten by a subsidiary of the Chubb corporation....
...The lunch comes at a testy time in relations between the Biden administration and US business — and suggests an attempt by both sides to improve the relationship as the 2024 general election campaign approaches...
...Legal & General did £3.2bn of deals last year, Just Group £0.4bn in the same period and Pension Insurance Corporation a cumulative total of £2.5bn as at June last year, while Rothesay does not do any, according...
...BBC director-general Tim Davie has called for reform of the licence fee as part of a broader strategy to turn Britain’s national broadcaster into a more commercial operation....
...Rachel Reeves, the UK’s shadow chancellor, has promised no rise in corporation tax from its current rate of 25 per cent under a Labour government if the party wins the general election later this year....
...This year it did the biggest UK deal of its kind, when general insurer RSA offloaded £6.5bn of liabilities to the group....
...Reeves said the commitment on corporation tax rates, should her party win the general election this year, would provide business certainty in the UK after years of post-Brexit upheavals....
...Donohoe is one of the government’s most heavyweight ministers and his departure would be a serious blow as the government faces a general election due by March 2025....
...The digital market is now the plaything of a few giant corporations....
...That bond was underwritten by a subsidiary of the Chubb corporation....
...In the early postwar decades, America’s large multi-divisional corporations, of which General Motors was the best-known example, were seen in Europe as the model for how big business should be run....
...The payment comes as Trump is scrambling to post a much larger bond to delay the enforcement of a $450mn judgment against him in the sprawling fraud case won by the New York attorney-general....
...Instead, it filed in the Southern District of New York, claiming that venue by virtue of the fact that the non-equity general partner in some of its entities partnerships was a New York corporation....
...The fact that the famed investor found a trade in the sleepy world of Japanese general trading companies may have earned smirks from jaded market veterans. But Buffett’s timing was good....
...This has shrunk to five highly diversified companies: Lockheed, Raytheon Technologies, Boeing, General Dynamics and Northrop Grumman....
...One of the largest penalties imposed on a New York corporation, the judgment has ballooned the former president’s legal costs, which he is struggling to cover while mounting a campaign for the presidency...
...Biden is intent on avoiding a war between Nato and Russia that could escalate to a general nuclear exchange. Putin appears to accept this goal, also having no interest in a general nuclear war....
...Moving its headquarters from Seattle to Chicago and Virginia made sense if the defence contracting business were the cash cow and growth engine, as it is with Lockheed Martin Corporation and General Dynamics...
...The lawsuit also seeks to “compel” OpenAI to adhere to its founding agreement to build technology that does not simply benefit individuals such as Altman and corporations such as Microsoft....
...increasingly happy about the economy but reluctant to give credit to Joe Biden, according to a new poll that underscores the US president’s challenges as he squares off against Donald Trump in this year’s general...
...Ireland is now setting up a sovereign wealth fund to save windfall tax proceeds, but as the country prepares in January to increase its corporation tax rate to 15 per cent under an OECD deal, corporation...
...As the extent of such practices has come to light, the general public and owners of smaller businesses have become increasingly indignant....
...If we had liquidated it, FDIC’s inspector general stated the cost would have been over $40bn. The WaMu transaction demonstrates why the largest banks should not be completely excluded from bidding....
...The sum, insured by a subsidiary of the Chubb corporation, was posted on Friday in Manhattan federal court as part of an appeal against the decision....
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