Hints and tips:
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...In June, the High Court will also hear Slug and Lettuce owner Stonegate’s £845m case against MS Amlin, Liberty Mutual Insurance in Europe and Zurich over the extent to which the hospitality group can claim...
...The company, which is backed by private equity group TDR Capital, is seeking £845m in a claim filed at London’s High Court against MS Amlin, Liberty Mutual Insurance Europe and Zurich....
...The company, backed by private equity group TDR Capital, is seeking £845m from MS Amlin, Liberty Mutual Insurance Europe and Zurich....
...The pandemic has been catastrophic for the hospitality industry....
...Ms Johnstone said well-known names like as Admiral, the insurance company, and the Royal Bank of Scotland had lent their expertise as well as cash....
...pay the same tax as small local companies....
...It said companies were facing challenges bringing staff back to work, because of health concerns, the difficulty in obtaining child care, and “generous unemployment insurance benefits”....
...There has been a huge corporate borrowing binge over the past decade, which has left many companies vulnerable even to a garden-variety recession....
...Not everyone will want to be locked in a monetary union with countries like the Netherlands, whose prime minister is ideologically opposed to mutual risk-sharing....
...He had also seen Prudential conclude that Asian and UK insurance companies were better off demerged....
...Looking at this another way, we believe that Hospitality and Retail account for c.30% of Pest Control....
...In addition, the regulators said Mr Forsyth concealed the payments from the board of his company, the Scottish Boatowners Mutual Insurance Association, and “created false minutes to give the misleading impression...
...Following 9 quarters of consecutive net outflows we estimate Q220 mutual fund net inflows of +£0.4bn, with a recovery seen in funds such as Dynamic Bond fund....
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...If you missed it, this long read by our media correspondent Anna Nicolaou charts the drama of The People v Harvey Weinstein trial....
...From what we see,the company’s current approach to fixed-cost allocation is completely appropriate, but the effects are magnified by effectively being a one-product company....
...It draws executives from the nearby asset managers and insurance companies, as well as an artistic crowd. Just recently, Drouant reopened following a revamp by interior designers Fabrizio Casiraghi....
...Japan is widely admired for its infrastructure and hospitality....
...Equity, bond and credit mutual funds all had material outflows this week while money market funds had the biggest inflows on record, at $137bn....
...; (iv) assist in the payment of sickness benefits; and (v) protect supply-chain financing in response to the coronavirus....
...estate and hotels, as well as insurance and financial services”....
International Edition