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...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...The US and UK have signed a landmark agreement on artificial intelligence, as the allies become the first countries to formally co-operate on how to test and assess risks from emerging AI models....
...Exclusive: The US and UK have signed a landmark agreement on artificial intelligence safety, making them the first countries to formally co-operate on how to test and assess risks from emerging AI models...
...That’s when he got a call from James Robinson III, who was then the chief executive of American Express and the biggest power broker on Wall Street....
...Last month, Wegovy received FDA approval to help reduce heart attack and stroke risk in patients with cardiovascular disease, enabling it to be covered by insurance for the more than 50mn Americans on Medicare...
...According to the Health Transformation Alliance, a co-operative of American employers seeking cheaper healthcare, the use of anti-obesity drugs among its members was 64 per cent higher in 2023 than in 2022...
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...Big private equity-cum-asset managers buy insurance companies (see also: Apollo/Athene, Brookfield/American Equity) not to cross-sell, but to gain a source of stable capital....
...I’m paying for that when I pay my insurance. Consequently, I think the American public is getting it, understanding it....
...Blackstone merged its credit and insurance investment operations in September in preparation for a push into asset-backed lending markets, Gray and co-founder Stephen Schwarzman have told shareholders....
...But the motivation behind the Super League — money, power and an inability to copy the “closed league” system favoured by American sports — haven’t changed for the rebel teams or their billionaire backers...
...The comments indicate a rare moment of co-operation at a time of trade tensions between the two powers. Read the full interview....
...Long-standing tax credits for US wind and solar-power projects were extended for years under the Inflation Reduction Act, the landmark climate law that passed in 2022....
...The answer starts with the dumping of UK equities by UK pensions and insurance companies....
...The American artist Tyler Mitchell will have his first solo show in Germany, a collection of expository work ranging from editorial commissions (a series on skateboarders and street life in Havana, taken...
...Firstly, approximately 30% of the Global and North American totals are made up of ‘dry powder’, i.e. undrawn capital commitments....
...It’s not an especially famous landmark, the eighth-most prominent peak in the country’s least populous state. But, being a mountain, it has seen its share of events....
...Firstly, the landmark criminal trial of Donald Trump, former US president and likely Republican candidate for this November’s election, will begin with opening arguments on Monday....
...The same goes for the perks used to justify the high annual membership fees on these kinds of cards, such as entrance to airport lounges, travel insurance policies and so on....
...They are even allowed to sell their French wines direct to American consumers....
...The Banking Policy Institute said that it would have “real costs for everyday Americans”....
...Though the activist urged Flake to “be an American hero” and “save my life”, ultimately the senator voted in favour of the bill....
...Legal, accounting and insurance fees are also increasing transaction costs for buyers and sellers....
...In echoes of French economist Thomas Piketty’s landmark book Capital in the Twenty-First Century, they see large-scale capital accumulation as the result of structural inequalities within our “extractivist...
...He had been JPMorgan’s co-head of Emea M&A and co-head of its global strategic investor group M&A. Blackstone has hired Dan Leiter as international head of the firm’s credit and insurance business....
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