Hints and tips:
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...As always you can reach me at sid.v@ft.com....
...Progressive Rugby, a non-profit group whose members include doctors and former players, has been lobbying for changes to help reduce the risk of long-term damage to the brain....
...So a lot of that is coming from freezing national insurance thresholds, particularly for companies. But that ultimately goes into our wage packets....
...Eric Yuan, chief executive, claimed the company was moving from being “a killer app company to a platform company”....
...Once Spacs have identified a target company, a select group of investors are made privy to market-sensitive information about the deal....
...Former chancellor Philip Hammond was back (virtually) at the Treasury select committee this week to give his views on a post-cororanvirus economy....
...We want to have select exposure to IG credit and now prefer select safe credit exposure to pure cyclical exposure....
...CIB missed on lower EQ revenues, while Insurance & Corporate Center beat. Payments were line....
...Financials the key sector beneficiary: We are Overweight Banks and Insurance from a top-down strategy perspective....
...[O]ur advice to investors is to select bank stocks on the basis of 5-key criteria: (1) Invest in large banks....
...; (iv) assist in the payment of sickness benefits; and (v) protect supply-chain financing in response to the coronavirus....
...The company is expected to outline changes to software that controls a system designed to automatically prevent a mid-flight stall....
...It said that the group will “now collaborate with Nordic Trustee [the bond's appointed trustee] to select the third-party advisor to conduct the valuation of Lebara Digital Group B.V. and its subsidiaries...
...In return for the insurance premiums received, the ESM should guarantee the public debts of all member countries, allowing the progressive transition to a single federal debt of the euro area....
...Among the many tradeoffs emphasised by economists are guns v butter, public v private, efficiency v equity, quality v quantity or cost and short-term v long-term performance....
...“The fines have been needed because some of the conduct by banks has been shocking,” Andrew Tyrie, the Conservative MP who chairs the Treasury select committee, told the Financial Times....
...Lloyds is working towards establishing a progressive policy that targets a 50 per cent payout ratio over time....
...Co-founder Jack Dorsey will lead the company as it searches for a new chief executive....
...This is the kind of progressive social policy that this Government is proud to pioneer....
...It is, in the words of the RHM for Birkenhead the new Chair of the Work and Pension Select Committee, simply “not sustainable”....
...This will remove over £1bn from the cost of providing motor insurance. We expect the industry to pass on this saving, so motorists see an average saving of £40-50 per year off their insurance bills....
...Switzerland, long under pressure given its reputation as a haven for kleptocrats, has emerged as one of the most progressive jurisdictions....
...(He compared the individual mandate obliging Americans to buy health insurance or else pay a fine to the government compelling the country to eat that vegetable.)...
...“There has been considerable improvement in social welfare in the last five years,” said V. Krishnananth, a Chennai-based author on Indian politics....
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