Hints and tips:
...Over the weekend, world leaders at the G20 summit appeared to heed this call, agreeing to elevate the African Union to a full member of the group and calling for the World Bank to better serve low-income...
...Star of the show will be chancellor Jeremy Hunt, who delivers his speech to parliament, outlining future tax and spending plans, at 12:30pm London time....
...Deutsche Bank has hired Andy Tam from Perella Weinberg Partners as co-head of Americas insurance in the financial institutions group. He will be based in New York....
...The rupture with Ping An, the biggest insurance group in China, marks a worsening of HSBC’s geopolitical woes, with the bank increasingly torn between China and the west....
...Because we’ve also doubled the threshold at which you pay tax or national insurance, their after-tax income has gone up not by 20% but by 25% – more than any other income group....
...Blackstone only met a quarter of the January redemption requests from much vaunted $69bn Blackstone Real Estate Income Investment Trust....
...Under its 60-point reform plan Xi’s new administration promised to get rid of obstacles that had been holding back consumer-led growth in China — including enforcing a property tax, granting more land rights...
...In March BlackRock was appointed by insurer AIG to manage up to $150bn in fixed income and private assets....
...Ping An is now China’s most valuable publicly listed insurance company. The break-up plan appears to have blindsided Quinn and HSBC’s chair Mark Tucker....
...I want to start with good communications because I think the Bank can improve the quality of its communications....
...Meanwhile, Miguel Stilwell d’Andrade, chief executive of Portugal-based energy group EDP, warned that policy and regulatory hurdles were holding back the rollout of green technology at the scale required...
...Kwasi KwartengIf you look at the government’s plan, we’ve got the growth plan, we’ve got the energy intervention that’s saving thousands of pounds a year....
...American International Group, the insurance company that was a pioneer in the business, has made billions of dollars in profit out of housing tax credits, according to a lawsuit filed in 2017 by several...
...Together they plan to offer a full range of banking services....
...Start-ups following it to market include SoftBank-backed Oyo Hotels and another Ant Group investee company, One97 Communications, which offers online shopping payment systems under the Paytm brand....
...Investors are awaiting Mr Buffett’s annual letter to shareholders for clues as to how the 90-year-old doyen of the investment world plans to use Berkshire’s roughly $146bn cash pile....
...Poppy Trowbridge, former director of communications for the Chancellor of the Exchequer at HM Treasury, has joined Lazard in London as its senior vice-president of communications for UK investment banking...
...Smart reads Betting on Bollywood In asserting its dominance over encroaching rivals Disney Plus and Amazon Prime, Netflix has planted its flag in India, where the streaming group plans to roll out its largest-ever...
...In the depths of the worst economic crisis on record, we set out a Plan for Jobs. A plan that was backed by business groups and trade bodies....
...The worry among leaseholders is that the substantial commission income means the developer has no incentive to shop around for the best insurance deal....
...But many football, rugby union and cricket clubs are among those to find their insurance arrangements do not cover pandemics....
...noncore holdings to improve returns for shareholders....
...Finablr, the holding company behind the old Travelex foreign exchange brand, had its £1.2bn IPO in London in May....
...Having ruled out increases in income tax, national insurance and VAT rates in its 2019 manifesto, the government will likely initially look to other options....
...As China Inc traversed the globe in search of returns over the past decade, India’s nascent mobile sector seemed a promising place to park....
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