Hints and tips:
...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....
...“Migrant workers are much less likely to have formal labour contracts that allow them to pay into social insurance schemes that protect them if unemployed,” she says....
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...The details of the correspondence emerged in the claim by Tata, which is suing three of Gupta’s companies — Liberty Specialty Steels, Liberty House Group and Speciality Steel UK — over the partial payment...
...two weeks ago announced a merger with its insurance affiliate, Athene....
...Japanese insurer Tokio Marine has said the insurance policies at the heart of the Greensill Capital collapse may not have been valid, as investors pressed the company to detail its exposure to the lender...
...s coronavirus epidemic are eased — it will suggest that the short, sharp shock to the world’s second-largest economy since January might well be followed by a second-quarter rebound — the much vaunted “V-shaped...
...Our assumptions on the stopping criteria are line with those for the Imfinzi PACIFIC stage III lung cancer 70% interim....
...Anglo Pacific (Buy, price target GBp213) has been affected by market sentiment, but is cheap at 0.65x NAV and a 7% dividend yield....
...Specifically, the uncertainty around COVID-19 has led some customers to postpone/cancel cruises and some companies to cancel sailings in various regions such as Asia Pacific and we have no reason to believe...
...Manuel V Pangilinan, chief executive and managing director, echoed that view during the same call, saying “the best way to approach is by asset disposal and not by incremental disposal of key assets”....
...(FT) HK v SH The fight to attract IPOs used to play out between Hong Kong and Singapore but now the focus has moved northward....
...The incredible demand to buy into a Chinese company that does not yet have any clear products is just one sign that China's venture capital market is overheating (FT) Xerox v activist investors Xerox is...
...(Anbang Insurance's Wu Xiaohui might be the best example). But where someone loses in China, another seems to win. The year has also seen a few new top magnates....
...Sompo Holdings, one of Japan’s biggest insurers, is to acquire Bermuda-based rival Endurance Specialty Holdings for $6.3bn, the latest in a string of overseas acquisitions by Japanese companies bolstered...
...Owens was most recently the chief executive of Fifth Street Finance Corp, a specialty finance company. He spent more than two decades at Goldman Sachs....
...But the company will also aim to grab a bigger share in the US — the world’s largest insurance market and the home-base of Amlin’s speciality marine insurance business, he said....
...CVC and KKR are also weighing up a joint offer for AkzoNobel’s specialty chemicals unit, which could fetch between €6bn-€10bn. Why the sudden rush to team up?...
...Last year, Sanitas Internacional, a Spanish company that has health centre and insurance operations, started developing several projects in the Philippines....
...Others are more frivolous: Yasuda Kasai, the Japanese insurance company, paying $40m for Van Gogh’s “Sunflowers” in 1987; and Chinese billionaire Liu Yiqian’s 2015 purchase of a Modigliani painting for $170m...
...Duncan Fraser, senior partner at insurance broker JLT Specialty, says the number of companies buying disgrace insurance has risen by at least 30 per cent in the past three years....
...US court told PwC cut corners in Colonial audit Control+C, Control+V....
...Verónica Bueno, an insurance manager in Mexico’s second city of Guadalajara and who is visiting the capital for meetings, says a 90-minute lunch break in her home town is standard....
...“It seems to us that there are more geopolitical tensions now then there have ever been since the end of the cold war,” says Evan Freely, global head of credit specialties at Marsh, the insurance broker....
...Between now and November 4, Mrs Watanabe must decide whether she wants to buy a slice of Japan Post and the two subsidiaries, Japan Post Bank and Japan Post Insurance....
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