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...The company expected net cash flow to turn “consistently positive” in the first half of next year....
...The bloc’s competition regulators sent questions to developers last week seeking to determine the impact of Apple’s decision to disable so-called “progressive web apps” in the EU, in a move seen as a precursor...
...Many of the businesses now underwrite their own debt deals, lending either directly to companies or against a host of assets....
...Established in 1879, the company employs more than 43,000 people selling general and life insurance products and boasts a near-$50bn equity market value....
...The UL network traces its roots to a late 19th century effort to help insurance companies save money by testing electrical products for fire risk....
...The European Commission, the EU’s executive arm, had been preparing a formal investigation into Apple’s move to disable so-called “progressive web apps” in the bloc....
...First: the insurance sector is continuing to pay large ransoms to hackers, on behalf of companies, even though the governments of countries such as the US and UK have urged them to stop, arguing that this...
...The US Federal Deposit Insurance Corporation is working on proposals aimed at ensuring asset managers do not seek too much influence over the banks in which they hold large stakes....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...Republican politicians have targeted Fink as a symbol of what they refer to as “woke capitalism”, while progressive Democrats contend the money manager has failed to do enough to stop climate change....
...Auto-insurance businesses are still losing money. And a run of unusually destructive bad weather has brought additional losses for their property-insurance businesses....
...However, it has come under criticism from progressives for pulling out of one of the highest-profile climate alliances, and faced allegations of greenwashing from Australian regulators....
...Last week the company criticised Brazilian judges’ orders for it to censor “certain popular accounts”....
...Both companies have previously had deals blocked....
...US health insurer Cigna has abandoned plans to merge with Humana, a blockbuster transaction that would have created a $140bn insurance giant, according to people familiar with the matter....
...First, the BoJ has begun signalling that “normalisation” does not, in any immediate sense, open the gates to progressive interest rate rises....
...John Fetterman, the progressive Democratic senator for Pennsylvania, and the hawkish Republican Josh Hawley of Missouri also joined calls for the bill to be tabled soon....
...The country’s largest banks expensed $16bn to cover the government-imposed “special assessment”, which replenished a deposit insurance fund that was heavily depleted by the failures of Silicon Valley Bank...
...In July 2022, the firm secured a €7bn pool to lend to European midmarket companies, the largest fund it has ever raised....
...The company spent billions of dollars acquiring truck-stop operator Pilot Flying J and insurance conglomerate Alleghany in recent years, adding them to a portfolio that includes ice cream purveyor Dairy...
...“The UAE and Saudi Arabia are some of the most progressive markets in their mindset right now,” Biz2Credit’s Arora said....
...The Federal Deposit Insurance Corporation on Thursday said the number of weak US banks had risen by eight to 52 in the final three months of 2023, the biggest jump since the demise of SVB....
Case studies in best practice among general counsel and company legal teams in North America
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
...A progressive loosening of monetary policy and fall in interest rates must be part of its reckoning....
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