Hints and tips:
...After abandoning a merger with Los Angeles firm O’Melveny & Myers in 2019 following a failure to agree a valuation, A&O has struck out on its own in the US in recent years....
...The big risk to watch in 2024 which could knock the UK recovery off course is a US recession caused by excessively tight monetary policy from the US Federal Reserve....
...But with major global central banks all acting to reduce the risk of a lasting global inflation overshoot, there is a clear risk that global financial conditions could tighten too much and we could see a...
...Pitts Bay Road in Bermuda is a who’s who of global insurance....
...“The risk of miscalculation in the Middle East is clearly rising,” said Paul Sheldon, chief geopolitical analyst at S&P Global Platts....
...Tui, with a tenth of its fleet in Maxes, is the FTSE 100’s biggest faller at pixel....
...When Anbang Insurance bought a portfolio of upmarket US hotels and resorts from Blackstone in 2016, the Chinese group was one of the fastest-growing financial institutions in its home market with a penchant...
...The report says that French insurance company Axa, which has a policy to shift away from investment in coal, has more than doubled its thermal coal holdings since Paris....
...• GAM has hired Roberto Bottoli to run a new merger arbitrage strategy for the $119.8bn Swiss-listed asset manager. Mr Bottoli joins from Allianz Global Investors....
...To finance the purchase and save the shipping line, which was suffering a liquidity crisis caused by weak global demand, KAL sold its 28.4 per cent stake in S-Oil in January 2015, raising 2tn won....
...First, the government would guarantee all deposits, charging risk-based insurance premia....
...S&P estimates the gap between global infrastructure investment needs and available public sector funds could reach $500bn a year between now and 2030, but says investors’ allocations to infrastructure worldwide...
...In the US, the S&P 500 tumbled 1 per cent to 2,104.20, with all ten components in the red....
...In 2008, James moved to Washington where he covered US economic policy, with a special focus on the US budget, taxes, and trade....
...(Financial Times) Six major insurance companies will announce plans on Wednesday to invest £25bn into UK infrastructure as ministers seek to put the bellows under the government’s programme of building...
...“Increasing costs, falling premiums and the ever-present risk of a catastrophic [aircraft] loss occurring do not suggest a healthy outlook for airline insurers in 2012 …It is likely that 2011’s good result...
...companies and households more confidence to bring spending forwards and make use of the FLS....
...The shares lost 1.6 per cent to 368½p on continued concerns about the weak outlook for investment banking as well as potential risks following the collapse of MF Global....
...nations adopt a cautious view about the global economy, the FT reports....
...“At one point, [before BAE’s acquisition of Detica] there were only five external companies allowed on to MI6’s premises,” an analyst who declined to be named said....
...In the US, the The S&P 500 fell 2 per cent on the same day and turned negative for the year....
...I think more bids may come in mid caps, and there is still more liquidity risk in smaller companies....
...Larry Fink, chairman of BlackRock, the asset management company, said his company would also take part....
...It is possible that the two worst quarters since the global financial meltdown in September 2008 are behind us....
..., insurance and media....
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