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...Mark Brown, general secretary of the independent BTU union, said Lloyds seemed to be “throwing the baby out with the bathwater” just as the lender was under scrutiny as part of an industry-wide probe into...
...They include targeting shipping companies that sell their old ships to Russia’s “shadow fleets”, and countries that allow these ships to fly their national flag....
...Under such schemes, governments share losses from natural disasters with the insurance sector, or create structures to pool risk....
...“[The union] campaigns on ‘look at what Ford got’,” Belcher said. “They’ve really been pushing $40 [an hour] and free health insurance.”...
...Indeed, UniCredit will probably buy back and consolidate its insurance businesses, at present held within joint ventures with insurance companies....
...The area of private medical insurance that has seen the strongest growth has been in the number of people taking out personal cover, according to a survey by Statista Consumer Insights, a research company...
...The union eventually secured its reopening while also persuading the company to plough another $4.8bn into the plant, launch a new midsize pick-up truck, create a “megahub” for parts distribution, and potentially...
...into bank parent companies....
...An outright ban on zero-hours contracts would be controversial even among trade unions....
...The PLD impact assessment estimated annual payouts from the reformed system could reach €217mn and insurance costs for companies rise around 10 per cent....
...Martin Gruenberg, chair of the Federal Deposit Insurance Corporation, warned of “significant downside risks to the banking industry”....
...“You’ve done everything the company had asked for, and then they go and pull the rug out from under you.”But the union fought back....
...Ford on Thursday said that the strikes had cost the company roughly $1.3bn, with 80,000 fewer cars and trucks produced. Separately General Motors has said that the strike has cost the company $800mn....
...But Crédit Agricole, which also reported earnings on Thursday, fell 6 per cent after it flagged a worse than expected decline in insurance revenue....
...Instead, the regulator in its report referenced anonymised companies “[Company A] Bank AG” and “[Company A] Capital (UK) Limited”....
...Ford said it was “pleased” to have reached the deal and was focused on restarting its plants in Kentucky, Michigan and Illinois that were shut down after workers walked off the job....
...The 20 vessels identified by the FT and Danwatch were carrying a total of about 10mn barrels of oil, according to Kpler, a data and analytics company....
...Auto-insurance businesses are still losing money. And a run of unusually destructive bad weather has brought additional losses for their property-insurance businesses....
...The Trades Union Congress, the umbrella body for unions representing 5mn workers, branded the proposal a “dangerous gimmick” that could “expose workers to higher costs and lower pensions, with low earners...
...Medical unions say the package does not go far enough, but critics within the profession say the unions have overplayed their hand, noting that South Korean doctors already enjoy some of the OECD’s highest...
...In the chart, Commercial Union is listed as still in the FTSE 100, but General Accident is listed as acquired.— Royal Insurance and Sun Alliance & London Insurance merged, forming the company that would...
...(Simon Mundy) Smart read Climate change is now reshaping the insurance industry, with severe consequences for some homeowners in vulnerable regions, this FT Big Read explains....
...The company denies union busting. Now Starbucks is the target of an unprecedented attempt by trade unions to bring the fight directly to a company’s boardroom....
...Refining and expanding this technology seems a sensible insurance policy in uncertain times....
...There were also high numbers of collapses among German care homes and clinics as they struggled to pass on higher wage and energy costs to the health insurance system....
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