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The FT’s fifth annual ranking of the region’s businesses by revenue growth.
...Shares in Travelers, one of the biggest US insurers, rose 7 per cent in early trading on Wall Street after it posted fourth-quarter net profits of $1.6bn, doubling from the same period the previous year...
...The filings also showed a series of dividends between Berkshire’s subsidiaries and National Indemnity, as well as the parent company itself....
...“There is a lot of cover for the [protection and indemnity] element to address,” said Neal, citing the $3bn of liability reinsurance that the ship has access to through the International Group of P&I Clubs...
...But an analysis of the indemnity clauses published by the cloud computing companies show that the legal protections only extend to the use of models developed by or with oversight from Google, Amazon and...
...Insurer databases showed Dali had liability insurance through Britannia, one of a global group of protection and indemnity insurers that shares losses and are ultimately reinsured at Lloyd’s of London....
...One focus is likely to be the protection and indemnity insurance covering the ship, a must-have liability insurance intended to pay out for crashes, oil spills and other disasters, the people said....
...Still, that’s quite the drag on the UK government’s finances over the next few years, all because of an indemnity to guard the BoE against the optics of fiscal dominance....
...BROOKE MASTER: The whole period in the 80s and 90s came at a time when lots of companies were combining in lots of different areas....
...Because that isn’t spiteful enough, the indemnity levied on France amounts to around a quarter of its national output....
...Still, the Travelers executive did admit to some anecdotal evidence of bigger hail....
...Other earnings: Boeing supplier Spirit Aerosystems, a former unit of the aircraft maker that is also the subject of a takeover by its one-time parent company, is set to report results this morning....
...Uber: The rideshare company is forecast to report a rise in revenue and profit in the three months that ended in March....
...KW Kellogg, the cereal business spun out of Kellogg (now called Kellanova), has gained 50 per cent since the demerger in October, outperforming its former parent company’s 12 per cent rise....
...Other companies: Warner Bros Discovery, Constellation Energy, Roblox and Hyatt will report earnings before the bell....
...Beijing has made big inroads in Latin America this century, displacing the US as the biggest trading partner in most of South America, but Sheinbaum is clear where Mexico’s priorities lie....
...Another possibility is for companies to spin off part of their business to list in the US. Again, this is only applicable to a few and might reduce the liquidity of a company’s main European listing....
...Of humble and partially indigenous origins, Gálvez is a self-made woman who studied engineering, founded a company specialising in smart buildings, and joined the public sector as a civil servant concerned...
...Not only will generative AI sharpen the competitiveness of US companies, it will boost the overall economy, too....
...The strongest effect of all this is seen with the rightwing Fox News, where the record high pump prices of June 2022 led to almost 80 per cent of programmes mentioning the cost of petrol, compared with about...
...Ross’s Hard Rock Stadium in Miami is one of the venues. The US is also set to host next year’s Copa América and the revamped Fifa Club World Cup in 2025....
...Block, the payments company, issued $2bn worth of bonds in an upsized deal....
...Information technology companies make up only 1 per cent of the FTSE 100; in the S&P 500, it’s 29 per cent....
...The San Francisco-based company reported operating profit of $172mn for the first three months of the year, compared with analysts’ forecasts for more than $600mn....
...Methodology The FT Americas’ Fastest-Growing Companies 2024 is a list of the 500 companies in the Americas that have the highest growth in publicly disclosed revenues between 2019 and 2022....
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