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...The US and UK have signed a landmark agreement on artificial intelligence, as the allies become the first countries to formally co-operate on how to test and assess risks from emerging AI models....
...Greg Smith, American Airlines chair and a former Boeing finance director, is seen as another potential candidate....
...Comac is highly reliant on western suppliers for key components including engines supplied by the Franco-American venture CFM International and auxiliary power units supplied by US-based Honeywell, making...
...There have been growing calls for co-operation between leading powers to tackle the rise of AI....
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...Last month, Wegovy received FDA approval to help reduce heart attack and stroke risk in patients with cardiovascular disease, enabling it to be covered by insurance for the more than 50mn Americans on Medicare...
...The comments indicate a rare moment of co-operation at a time of trade tensions between the two powers. Read the full interview....
...In the US, Biden has been facing increasing pressure from within his own Democratic party to be firmer with Netanyahu and use American leverage to persuade Israel to avoid more civilian casualties, suffering...
...That’s when he got a call from James Robinson III, who was then the chief executive of American Express and the biggest power broker on Wall Street....
...The insurance sector is expecting a hefty bill....
...Big private equity-cum-asset managers buy insurance companies (see also: Apollo/Athene, Brookfield/American Equity) not to cross-sell, but to gain a source of stable capital....
...American companies so that they can pay for their coke....
...Shares in American and Alaska closed up 10.3 per cent and 4.5 per cent, respectively in New York trading, while Southwest dipped 2.3 per cent....
...These costs would presumably be reflected in property and casualty insurance rates, along with many other pressures that are affecting the world right now....
...But the Americans and their allies also know that their adversaries have huge difficulties. Russia has sustained hundreds of thousands of casualties in its war with Ukraine....
...Around the same time, dozens of fighter aircraft and defensive systems were deployed to fend off the attack — not just Israeli, but British, Jordanian and American....
...According to the Health Transformation Alliance, a co-operative of American employers seeking cheaper healthcare, the use of anti-obesity drugs among its members was 64 per cent higher in 2023 than in 2022...
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...Amazingly, no one was sitting beside that door, so there were no casualties. But a child nearby is reported to have had his shirt sucked off as the aircraft lost pressure....
...Carroll said that while he hoped “to be able to go back to operations soon . . . we do need some sense that there’s at least a modicum of safety”....
...“You’re seeing a lot of thirtysomethings moving up from SoHo or the village, who want the security and safety . . . and now realise they can go out their door and get a great cocktail and a good meal,” says...
...William Cohan, ‘The Last Tycoons: The Secret History of Lazard Frères & Co’ (2007) Favourite: Point of No Return, by John Marquand....
...Firstly, approximately 30% of the Global and North American totals are made up of ‘dry powder’, i.e. undrawn capital commitments....
...“They are directed to prioritise the safety and soundness of the US banking system.”...
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