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...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...Apollo-owned Aspen Insurance borrowed $500m through a PIK deal on Friday, with roughly half of the proceeds going into the private equity group’s pocket....
...But drugmakers are now finding that state-insurance boosts sales....
...producer in the world, among other companies....
...Another orangey-brown 1970s throwback to a land that taste forgot – AG Barr’s girder-based Scottish beverage, Irn Bru – has also been focusing on a bright future....
...Some might look to Google parent Alphabet or Apple, the technology groups for whom cars are just a large research cost; most, though, alight on Tesla, the electric carmaker....
...But corporate America, which is a major provider of health insurance, is taking notice....
...“I saw him as this Broadway producer and director who wanted all of his men to shine,” she says. “He’d be standing at the back; he wanted them to be important, like a family.”...
...The cost of buying insurance against a default in bond payments — known as a credit default swap — increased for car companies including Peugeot, Land Rover and Volkswagen while the cost for mining groups...
...Lodz, once a thriving textiles producer that fell into rapid decline after the fall of communism, now is home to Accenture, Hewlett-Packard and even India’s own outsourcer Infosys....
...Although there are a number of small private producers, such as Wagg, most of the best-known brands stacked on supermarket shelves are owned by just two groups: Nestlé and Mars, which acquired Procter &...
...(Financial Times) “WH Group rose on its debut in Hong Kong after the world’s biggest pork producer raised HK$15.3 billion ($2 billion) in its second attempt at an initial public share sale....
...But in its annual copper survey, Thomson Reuters GFMS predicts further price weakness and more pain for producers....
...Trafigura did not disclose a price for its 30 per cent holding in a copper smelter belonging to state-owned Jinchuan Group, China’s top nickel miner and one of its largest copper producers....
...(Financial Times) AIG announced it had completed its first share buyback since its $182bn government bailout during the financial crisis, as the insurance group posted improved third-quarter profits on...
...(Bloomberg) “Pfizer Inc, the Indian unit of U.S. drug maker Pfizer Inc, is to take over local affiliate Wyeth Ltd, they said on Saturday after their boards approved the deal....
...(Reuters live blog)(Financial Times) “Asian stocks swung between gains and losses after mixed earnings at companies from Honda Motor Co. to Sumitomo Mitsui Financial Group Inc. and LG Display Co....
...Lonmin, a FTSE 250 platinum producer, first began looking at digital solutions in 2006. But it was not until last year that the board made the switch to using digital boardbooks at meetings....
...Steelmakers were buoyed after Wuhan Iron & Steel, China’s third-largest producer, joined Baoshan Iron & Steel, the biggest publicly listed group in the sector, in rasing prices for March delivery of steel...
...Hartford Financial Services Group was up 3.9 per cent to $26.49 while American International Group added 6 per cent to $37.03....
...The management fees on ETF Securities’ new products are 0.69 per cent; insurance fees are 0.12 per cent; and warehousing costs are 36 cents per tonne per day....
...Technology stocks fell on worries over component shortages as Japan is one of the world’s largest producers of semiconductors....
...Indeed, Zurich, the insurance group, has tracked more than 1,000 examples in the past five years where companies have quietly suffered because of disruption at a factory producing a critical component, or...
...The world’s sixth largest oil producer hedged all its net exports at $57 a barrel this year, fearing a possible ‘double-dip’ recession....
...in Hong Kong for 58 per cent of its Asian life insurance business AIA....
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