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...Paris has emerged as the biggest winner, with Wall Street banks such as JPMorgan and Bank of America choosing the French capital for their main post-Brexit European centre....
...Merlyn co-founder Alessandro Barnaba told the FT he was “not aware” of Petermann’s involvement....
...“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...
...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....
...The competing narratives of the events that form the core of the “hush money” case against Trump came during the opening salvos of the first — and possibly only — criminal trial to proceed against the Republican...
...The biggest boom of late across Latin America has been in cross-border insults. Presidents of all stripes seem to relish nothing more than trading barbs....
...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....
...“Noboa cannot be a Bukele because he cannot win like Bukele has,” said Sofía Cordero, a Quito-based political scientist at the Observatory for Political Reforms in Latin America....
...The Delaware court this year invalidated such a practice at the investment bank Moelis & Co, which had given its founder veto power over nearly all of the standard work conducted by a board of directors....
...Because that isn’t spiteful enough, the indemnity levied on France amounts to around a quarter of its national output....
...Security co-operation between Mexico and the US, which share a 2,000-mile border, involves a web of agencies....
...His refusal to sell has been reminiscent of a practice that Weill imparted on all of his top executives while building financial services group Travelers back in the day, making them swear a “blood oath”...
...Arctos Sports Partners plans to focus on finding more deals in North America because of the financial unpredictability of European football, says the co-founder and managing partner of the new Paris Saint-Germain...
...Scott Nuttall and Joseph Bae, co-chief executives of the New York-based group, told the Financial Times they were seeing an improvement in activity to take portfolio companies public....
...Latin America....
...Farmers in Latin America are rushing to plant cocoa as the price of chocolate’s main ingredient soars amid a global shortage of supplies....
...in the city of Taylor in Texas....
...But the “soft launch” of the scheme is indicative of a broader reluctance to address the broken economics of online retailing, says Christian Piller, co-founder of the logistics platform Pollen Returns....
...Disney has settled a lawsuit over the governance of the company’s Orlando theme parks stemming from last year’s takeover of the district’s board by Ron DeSantis, the governor of the US state of Florida....
...The cost of emitting CO₂ in Europe has crashed over the past year, sowing the seeds of a future carbon crunch....
...NEWSCASTER 2: 24 hours ago, the boss of the world's biggest bank, Citigroup, fell on his sword after revealing another 5 billion pounds of bad loans in America's housing market....
...The Biden administration sees the effort to co-ordinate allies on Ukraine as an important example of America’s place in the world, he said....
...Trafigura paid that sum to one of the co-conspirators, who then paid the money into a Hong Kong account for the ultimate benefit of Petrobras officials....
...Still, the Travelers executive did admit to some anecdotal evidence of bigger hail....
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
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