Hints and tips:
...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...deposit insurance fund had to cover, from the bank failures last year....
...I always loved the story that the motifs on the black lamp posts in the City of Westminster — two letter Cs back-to-back — were a loving gesture by the duke to his paramour....
...Holdings of UK-listed companies by British pension and insurance funds have plunged from about half of their portfolios to 4 per cent over the past two decades, according to data from Ondra....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...The first photographer in the 60-year history of the Pirelli calendar to shoot it three times – in 1996, 2002 and 2017 – Lindbergh has been shown in museums around the world including the V&A, Centre Pompidou...
...The company initially had its application for an account rejected by the Kansas City Fed in 2017....
...have been blocked off and authorities are trying to stem viral videos of the city’s hardships....
...A new layer of zero-Covid infrastructure is even now descending on cities across China....
...I rode in the second lorry with Charlie Bailey, 23, owner of General Haulage of Great Britain, driver of one of his company’s three trucks and employer and student of the 23-year haulage veteran ahead of...
...Several of the worst-performing companies in the index, including Hippo and Root, focus on personal lines of insurance such as home and auto....
...Perhaps insurance companies would also buy them as a hedge. Annuities from insurers are considered poor value for money now because rates are so low....
...Where did go a little bit overboard from the business community’s perspective was the idea of literally taking 1 per cent of every big company shares every year....
...(FT) Railroad deal is the biggest of the year Canadian Pacific has agreed to buy Kansas City Southern for $28.9bn, including debt, in the largest takeover so far this year....
...He adopted the typographic convention of describing recovery: “The first part . . . will look like a sharp V shape . . . but what does the last part look like?...
...The rebound in macro data, which has given hopes of a V-shaped recovery, could prove to be an illusion and the recovery will slow down.”...
...The wholesale temporary closures of expensive city centre commercial property will lead to a rethink of how much of such property companies want and can afford....
...Alan Ruskin at Deutsche Bank argues that optimism in an eventual V-shaped recovery is “next to impossible when the real economy is only starting the downside of the V at a historic pace of descent....
...Just this week, more than 400,000 New Yorkers went back to work as the city entered the first stage of lockdown easing. Which industries will begin to recover first?...
...[T]he impact of the lockdown followed by a V-shaped recovery [suggests] European profit could contract by between 14% and 35% in 2020 depending on the length of the lockdown....
...He’d been through the Yellow Pages, and seen that there were more piano shops in the city than in the entire state of New York. It seemed to him that most of them couldn’t last. He wasn’t wrong....
...But the shift would threaten the personality-led investment culture that is the DNA of the City....
...Institutions such as Daiichi Life, a Japanese insurance company, and individual investors have invested in the bonds....
...(FT) NRA v San Francisco The National Rifle Association sued San Francisco on Monday over the city’s recent declaration that the gun-rights lobby was a “domestic terrorist organisation.”...
...” — the area around Avenue Montaigne, Avenue George V and part of the Champs-Élysées....
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