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...A McKinsey global survey of autonomous vehicle executives, published this month, revealed an industry in a state of flux....
...But with regulatory issues, valuation issues and state pride all on the line, expect plenty of action ahead....
...Matthew Platkin, New Jersey’s attorney-general, predicts that his state will ratchet up regulation whether the companies are onboard or not. “This is not the end of history,” says Platkin....
...Ramji said that BlackRock ETF users include nine of the 10 biggest active managers and eight of the 10 biggest US insurance companies....
...Earlier in 2022, Nth Cycle raised $12.5mn from investors including MassMutual, the US insurance company....
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...A huge chunk of that — Rs205bn — came from the sale of a 3.5 per cent stake in state-run Life Insurance Corporation (LIC) in May through a long-delayed initial public offering....
...With no convenient data from the Chinese government available on state subsidies, Fitch gathered public disclosures of almost 5,000 mainland-listed companies on the receiving end....
...The company’s unusual approach to defining financial assets has attracted $109mn from a diverse group of investors including Wheelhouse 360 Partners, which does not traditionally invest in fintechs....
...Just days after striking that deal last summer, Blackstone made a play for affordable housing, convincing insurance company AIG to sell a $5.1bn portfolio of apartments that have received government subsidies...
...The state remains on high alert to guard against it....
...Britain’s biggest investor has dropped AIG from some of its funds over concerns that the US-based insurance group has “insufficient” policies in place over climate change risks....
...“Adoption is accelerating with insurance companies and other institutional investors.”...
...The joint venture, which is 50.1 per cent owned by BlackRock and includes China Construction Bank and Singapore’s state fund Temasek, gained approval from the China Banking and Insurance Regulatory Commission...
...Ant’s expansion into lending and other lucrative areas previously dominated by state-run financial groups like ICBC and the China Construction Bank, not to mention its vast troves of customer data, have...
...In a report last year, Greenpeace, the environmental pressure group, said seven out of 10 member states of the Association of Southeast Asian Nations were affected by haze generated by fires in Indonesia...
...That will be critical to insurance groups; Lloyd’s of London chief executive John Neal has warned the pandemic is on track to be the most expensive event ever to hit the industry....
...The Trump administration’s granting of state funding for (costly) COVID-19 testing for patients with no health insurance and Congress’s approval of a $8bn package to fight the spread of the virus bear out...
...Nevertheless, the Hospital of the University of Pennsylvania — which is the oldest medical school in the US — was well-prepared....
...Only 43 per cent of companies had been approached by activists in the past. Out of that group, approximately 85 per cent said they had a dialogue....
...The long-term savings could offset the cost of raising a home, but upfront costs can be painful. The state has estimated the full price of raising a house at between $40,000 and $150,000....
...In early 2019, about six months before his body was retrieved from the Netravati river in the south Indian state of Karnataka, VG Siddhartha met with representatives of Blackstone Group, one of the world...
...In an analysis of listed companies’ financial statements, Mr Shen found that about half of the hotel food and leisure groups on specialist technology stock exchanges in China face short-term liquidity risks...
...Samhällsbyggnadsbolaget (it translates to The Swedish Construction Company) says it has no further information....
...Airlines, tourism, construction and property companies all outperformed – indicating that investors are betting on successful easing of restrictions from here. Does the move have legs?...
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