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...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...The company says it still has “reinsurance relationships with some non-Russian entities”. The company is part owned by the Italian insurer Generali, but its stake has been “frozen” since the invasion....
...The action, which accompanies orders against two other companies, marks the first move by the department Gove leads to use legal powers under the Building Safety Act....
...She added that since many of the most advanced AI companies were currently based in the US, the American government’s expertise was key to both understanding the risks of AI and to holding companies to their...
...“They are overriding our local decisions [and] demoting American leadership,” said one current senior US employee....
...due to fire-safety issues....
...“In the United States, we understand that we’re in a moment where American leadership in the world depends on American leadership in AI,” Prabhakar said....
...“To fix Boeing’s issues the company needs a strong engineering lead as its head coupled to a governance model which prioritises safety and quality,” Clark told the Financial Times on Tuesday....
...After Singapore, the company headed to Vietnam, Laos, Cambodia, Malaysia and Indonesia....
...According to multiple people with direct knowledge, two meetings took place in Geneva in July and October last year attended by scientists and policy experts from the North American AI groups, alongside...
...American Airlines ordered another 85 A321 neos from Boeing’s rival Airbus, and 90 E175 aircraft from Brazilian aerospace company Embraer....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...The company this week reported burning almost $4bn in cash in the first quarter....
...The insurance sector is expecting a hefty bill....
...If the US is to achieve developed-country levels of road safety, America and Americans need to change direction. john.burn-murdoch@ft.com, @jburnmurdoch...
...The group also struck the True Confidence saying it was an “American ship” even though it had been sold to a Greek company days before....
...There are now American subsidies for EVs, but they don’t address broader supply chain chokepoints (like access to critical minerals needed for green batteries)....
...The latter two are considered “core services”, because rent costs can be sticky and Americans don’t necessarily pay increases in owners’ equivalent rent in real time....
...Over the next 16 years, he spearheaded a string of deals, buying brokerage EF Hutton, investment bank Lehman Brothers, insurance firm Fireman’s Fund and other businesses that turned the charge-card company...
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...Mercedes-Benz said Baltimore was among several ports used by the company in the US....
...The National Transportation Safety Board said once rescue efforts had concluded it would investigate the cause of the collision between the 300-metre-long Dali container ship and the busy bridge, which carries...
...Companies: Blackstone is the latest financial services company to publish annual results....
...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....
...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...
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