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...Many of the businesses now underwrite their own debt deals, lending either directly to companies or against a host of assets....
...He said Novo Nordisk was facing a “similar challenge” as some of the companies selling advanced therapies....
...The Scottish government unveiled its “progressive approach” to taxation in 2017....
...Gaetano Lapenta founded his Milan-based company Fybra in 2021, to solve a personal challenge: poor indoor air quality faced by his daughter and many other schoolchildren....
...Lai, who takes office next month, announced last week that Cho Jung-tai, the former chair of the China-sceptic Democratic Progressive party, will be premier....
...Auto-insurance businesses are still losing money. And a run of unusually destructive bad weather has brought additional losses for their property-insurance businesses....
...“While we’re seeing new makes and models on our roads now, these cars typically have more advanced technology or parts,” said Louise Thomas, a motor insurance analyst at Confused.com....
...As part of the new proposals, the administration also intends to deny companies tax deductions on employees who are paid more than $1mn....
...The case highlights how even people who have studied for advanced business degrees can be vulnerable to financial frauds and to the use of marketing techniques that prey on alumni networks....
...Yet many of the companies operating there are not insured. According to Axa XL, of the 4,400 operational LEO satellites in 2021, just 47 were covered....
...Here’s what Tricia Griffith, the chief executive officer of Progressive, told investors and analysts in the company’s first-quarter earnings call....
...Many also claim that bonds provide insurance against the volatility of “risky” equities....
...patrick.jenkins@ft.com Letter in response to this column:Fiscal politics a big divide in advanced economies / From Malcolm Gooderham, London W1, UK...
...The BBC has agreed to sell the Elstree studio complex that is home to soap opera EastEnders to French insurance company Axa, providing a financial boost of up to £70mn for the cash-strapped broadcaster....
...An engineer at a hardware technology company, Tsai Tsung-lin earns more than many of his peers....
...Chart of the day The widespread drop in global house prices that hit advanced economies has largely petered out, according to a Financial Times analysis of OECD data....
...The Labour leader confirmed his party supported the 2p cut to national insurance and fuel duty freeze announced by Hunt....
...Yet shares of insurers such as Allstate, Progressive and AIG are down between 3 per cent and 22 per cent this year, while the S&P 500 has climbed 16 per cent....
...Khokhar singles out AI ethicists as another growth area, a job speciality that has been a facet of Big Tech companies for years. It is now spreading as more advanced AI embeds across industries....
...The City’s other important earners were foreign exchange trading, cross-border lending, asset management and insurance. Equities trail by a mile....
...This is in advanced clinical trials. It could fill some of the looming gap caused by the expiry of patents for anti-clotting medication Xarelto and eye medicine Eylea....
...Debbie Kennedy, chief executive of insurance broker LifeSearch, says insurers are “leveraging the ability to use advanced analytics to consume and learn from vast data sources”....
...One scoop to start: Brookfield Asset Management is in advanced talks to buy a majority stake in $22bn private credit manager Castlelake as the world’s second-largest alternatives group uses acquisitions...
...That is characteristic of the disruptive company that reinvented banking in China....
...The most advanced prospects are all based on GLP-1, generally in combination with other hormones....
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