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...That compares with combined orders of more than 700,000 last year in Phoenix, San Francisco and Los Angeles, according to Waymo, the self-driving car developer of Google’s parent company Alphabet....
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
...Extra’s all-stock bid values the company at $145.82 a share....
...That is especially the case when balances exceed the $250,000 threshold that is guaranteed by federal insurance....
...If you’re in the US, that’s when the financial recriminations will begin. On one side of the battle will be the company that employed your doctor. On the other will be a health insurance giant....
...Opendoor’s performance — as measured by the prices at which it bought and sold properties — was even worse in key markets such as Los Angeles, where the company lost money on 55 per cent of sales, and Phoenix...
...“This may not be the right time for the government to go to the market to raise money, as there is so much vulnerability in stock markets,” said V Upadhyay, adjunct professor of economics at the Indian Institute...
...But one of the jewelled eggs was bought in 2004 by the now sanctioned oil and gas mogul Viktor Vekselberg, who later passed its ownership to a company registered in Panama, Lamesa Arts Inc; it is usually...
...Which fintech tie-ups do you see happening by the end of the year? Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...The £3.28bn insurance deal was completed last week, netting SLA a cash consideration of £2.28bn and a near 20 per cent stake in the enlarged Phoenix Group....
...Resolution Life is Mr Cowdery’s third vehicle to bear the Resolution name. The first turned into Phoenix, the FTSE 100 life insurer which recently agreed to buy ReAssure, its biggest competitor....
...Phoenix and ReAssure both specialise in buying up old books of life insurance business that other companies no longer want....
...A week after the termination of the SLA contract was announced, it sold its insurance business to Phoenix Group in a £3bn deal that saw it take a 20 per cent stake in an enlarged Phoenix....
...Related links: A message from the dear leader to the stakhanovites — FT AlphavilleShared mobility V.1, USSR edition — FT AlphavilleWhat Hertz tells us about the future of shared mobility — FT AlphavilleMore...
...“There’s been a worrying number of IT failures, not just in the banking sector but also pensions and insurance,” said Mr McAteer, who is co-director of the Financial Inclusion Centre, a policy think-tank...
...The lawsuit, originally filed in 2013, is one of the biggest legal challenges the company has faced over the years....
...Phoenix was in demand after announcing the £2.9bn acquisition of Standard Life Aberdeen’s insurance business , part funded by £950m rights issue and £1bn of vendor finance from Standard Life....
...The company will provide insurance for journeys on Waymo’s car-hailing service, which is set to launch in Phoenix, Arizona, in 2018....
...In the middle, the company has further debt at intermediate holding companies — such as “Altice Luxembourg”, an entity that sits above the company’s French and international businesses and has €6.2bn of...
...In the age of the PC, it was all about Intel v Advanced Micro Devices, with the former supplying processors for four out of five computers sold and AMD mopping up most of the remainder....
...“The management is not in a relaxed position.” A version of this article was first published by the Nikkei Asian Review on April 20, 2018. ©2018 Nikkei Inc. All rights reserved....
...A world where customers can jump in a self-driving car — rather than faff about with the queues, complexity and upselling, which are car hire companies’ speciality — does not bode well for a recovery....
...outside of the company’s control....
...and Phoenix....
...Shortly afterwards, it pulled out of plans to buy BHF Kleinwort Benson, the UK merchant Bank and in February, dropped plans to buy Phoenix, the Israeli insurer....
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