Hints and tips:
...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...An engineer at a hardware technology company, Tsai Tsung-lin earns more than many of his peers....
...Thursday’s complaint marks the first direct challenge to a strategy that sits at the core of the buyout business model....
...They are growing fastest away from their core private equity business with large private credit and insurance operations....
...A verdict against BioNTech would likely have limited direct financial damage on the company because of an EU legal shield that largely protected vaccine makers from legal liability if they caused unforeseen...
...“You don’t have this level of progressive thinking.” The company is now the second-largest employer in the metro area that includes Normal and neighbouring Bloomington....
...As always you can reach me at sid.v@ft.com....
...Howard Davies: A fundamental reform of property taxation, lowering stamp duty and making the council tax more progressive....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...She got a job as the head of media relations to a powerful Greek businessman who owned media and insurance companies....
...Let us know what fintech predictions you have for the rest of the year at imani.moise@ft.com and sid.v@ft.com....
...That paved the way for bands to use crowdsourcing as a means of direct financing to record albums or pay for tours....
...The final pillar includes hundreds of billions of dollars for federal programmes intended to combat climate change, including a scheme that would pay utility companies to increase their renewable energy...
...For progressives, the early days of the DeSantis administration were also earth-shaking....
...Job moves Education publisher Pearson has hired Omid Kordestani, former executive chair of Twitter, to lead its board as it shifts its focus to its direct-to-consumer digital service....
...Yet high-profile insurance company bankruptcies are nowhere to be seen....
...“It’s quite a progressive company in that respect.” Stuart Perry, a regional organiser at the GMB union, has a more cynical view of The Offer in particular....
...Progressive oil companies’ focus on so-called scope 1 and scope 2 emissions — essentially, their carbon pollution from getting the fossil fuels out of the ground and to the market — is welcome....
...Eric Yuan, chief executive, claimed the company was moving from being “a killer app company to a platform company”....
...Xi Jinping would probably take a US shift to strategic clarity as a direct challenge to his power and could easily precipitate what it is designed to prevent....
...The insurance company Clover Health, which is backed by Chamath Palihapitiya, also said in February it had received a letter from the SEC....
...Main reports Monday Pearson; Direct Line Insurance Tuesday Continental; Standard Life Aberdeen; M&G; ITV; TP ICAP Wednesday Franco Nevada; Oracle; Adidas; Lukoil; Cathay Pacific Airways; Pirelli; Legal...
...The package includes $1,400 in direct payments to individuals, an extension of federal top-ups to unemployment insurance and another $350bn for state and local governments....
...Renowned short seller Jim Chanos made almost $100m betting against fraudulent German payments company Wirecard....
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