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...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...The likely sale of Paramount Global marks it out as the streaming wars’ first big casualty, says the FT editorial board....
...The ship’s lead liability insurer, Britannia P&I, said on Thursday it was “working closely with the vessel’s owner and manager and the relevant US authorities as part of the investigation into the casualty...
...These larger vessels have a greater risk of grounding, collision, allision, and marine casualties. These risks have resulted in limitations to operations within the Harbor....
...In his latest shareholder letter Warren Buffett said his company Berkshire Hathaway, at its size and maturity, should “operate with materially less risk of permanent loss of capital”....
...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....
...Companies once valued at more than $1bn including Hopin and Convoy were among the casualties. “In some ways, dry powder is a mirage....
...Analysts at Bank of America said the deal should not worsen the outlook for capital returns at Aviva....
...Small and mid-capitalisation stocks have predictably fared worse, casualties of consolidation among brokers and the rise of index funds....
...It’s definitely growing, as Bank of America points out in a recent note....
...Enter Mewbourne Oil, Endeavor Energy Resources and CrownRock — all secretive, family-run operations in America’s oil-rich Permian Basin of Texas and New Mexico, and all highly sought-after acquisition targets...
...Flow, Neumann’s new property company confirmed that “a coalition of half a dozen financing partners . . . submitted a potential bid” two weeks ago....
...Farmers Insurance, one of the biggest property and casualty providers in the US, found itself under attack this year for political “wokeness”....
...The UK-owned cargo ship Unity Explorer and two other bulk carriers were struck and reported damage but no casualties....
...We have a huge internal market, which means our companies can sell a lot of product to people within America....
...Most important, the war in Gaza threatens to radicalise a new generation of Muslims against America and the west....
...Such activity is a sign that a new era of high borrowing costs is starting to bite in corporate America, whose overall borrowings now total $13tn according to Federal Reserve data....
...The Money Supermarket The 1998 megamerger between banking giant Citicorp and insurer Travelers Group created the world’s biggest financial services company. The experiment hasn’t gone to plan....
...The private companies that do exist in areas such as food production tend to be small....
...Here’s a chart of assets held in US money-market funds: The story of dammed-up lakes of cash ready to spill appears pervasive across markets (chart from Bank of America): We hasten to note that we don’...
...“This was an incredibly complex case and we are still working to develop the detail of the timeline involved with this casualty and response,” Mauger said....
...One of the casualties is Swedish property company SBB, which borrowed heavily during a local boom. Fitch downgraded the company to B- this week. Commercial real estate is in even worse shape....
...Most of the clients of Ukrainian tech companies are based in America, and Shapoval says fears there in the first half of 2023 of a recession led to a reduction of demand for tech partnerships....
...Because the book ends in early 2023, it tells a story of gritty defence, rising casualties and destruction, and then success as Ukraine’s forces recapture territory in the north-east and Kherson above Crimea...
...Biden told reporters aboard Air Force One that there had been a “long talk” with the Israelis about “alternatives” amid fears of more civilian casualties and an expansion of the conflict....
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