Hints and tips:
...However, another of the billionaire investor’s corporate quarries, American International Group, is fighting back against his campaign for a split of its insurance businesses....
...This is a zero-sum game, not an area that promises a breakthrough in the performance of aggregate TFP growth....
...Mr Buffett has built the company over five decades, amassing a confectionery-to-rail collection of businesses, attached to the core insurance business....
...The number of Americans who claimed unemployment insurance for the first time leapt 78,000 last week to 439,000....
...Yet if the insurance group’s recent share performance is any guide, it still has a way to go....
...Helphire, the provider of courtesy vehicles after accidents, is set to lose referral business from the AA and Saga motor insurance business that could cost it up to 11 per cent of turnover....
...To add to the woes, in July Helphire lost referral business from the AA and Saga motor insurance business that could cost it up to 11 per cent of turnover....
...“I think the bigger holders now of securitisations are insurance companies and pension funds.”...
...By contrast, the biggest North American operator, Enterprise Rent-a-Car, has built its business largely on insurance and other replacement cars....
...The first-round performance of the US team, meanwhile, remained largely an afterthought for most Americans. With the US already ejected, it’s just as well the marketing has had an Hispanic focus....
International Edition