Hints and tips:
...Lloyd’s of London, the insurance market, will revise its rules “in line with the easing of restrictions” from July 19....
...If the store lost its licence to sell Rolex products, she would probably lose her job and along with it her family’s health insurance....
...Then there is the long-planned scheme by upmarket shopping-centre developers Westfield to replace the 1960s-1970s Whitgift Centre, which has stalled....
...Monsoon said it needed the CVA because of a looming £20m cash shortfall caused by the withdrawal of insurance cover for its suppliers and a demand by Barclays for cash collateral against a credit line....
...Fund supermarkets cannot agree whether many Reits must obey new legislation known as Priips (packaged retail insurance-based investment products)....
...Prior to serving in the Obama administration, McRaith was director of the Illinois Department of Insurance and an officer of the National Association of Insurance Commissioners....
...Westfield, the shopping mall operator, has a whopping 70 per cent of its sales States-side and a 41 per cent S&P 500 correlation CSL, the biotech, gets a 42 per cent and a 38 per cent....
...Global shopping mall operator Westfield is building one of continental Europe’s largest shopping centres in Milan, a €1bn project....
...There are also costs: storage, insurance and potentially wide dealing spreads....
...Corporate clients come from across the spectrum of business, from healthcare to insurance, agriculture and retail, with Westfield, the global operator of shopping centres, running several jets....
...Now London’s fourth largest shopping mall, after the two Westfield centres and Brent Cross, Canary Wharf’s retail space is fully occupied and spanning high fashion brands to convenience retail....
...Those superstores look less super now, and may become redundant monoliths, stranded between the internet and grand-day-out shopping centres like Westfield....
...The national insurance tax cut was particularly encouraging. “Any retailer starting up will be instantly helped by this,” he said....
...Westfield is currently in talks with AMP, the Australian insurance group, about splitting a A$6bn portfolio of jointly owned malls in Sydney, Melbourne and Brisbane....
...Recently, visual merchandising experts led our tours in Westfield Stratford and Covent Garden,” says Mr Hamilton....
...Nonetheless, he detects a new mood in Croydon, where plans were unveiled last month for a £1bn Westfield shopping centre....
...If in 2032, shoppers have migrated to the internet and monster Westfields, out-of-town supermarkets may look like white elephants....
...Obama: Europe must stand behind Eurozone - Minister says public sector workers can ‘strike for 15 minutes’ - The Treasury is to announce plans to bring together income tax and national insurance...
...He is also a non-executive director of Westfield, the Australian retail group and a director of Toscafund, the hedge fund....
...Samsung Life Insurance rose 1.5 per cent to Won102,500 and Korea Life Insurance jumped 5.4 per cent to Won8,150....
...Insurers were also hit, with Aviva 2.5 per cent weaker at 369¾p and RSA Insurance off 1.8 per cent to 121p. The FTSE 100 ended down 0.5 per cent, or 30.23 points, at 5,668.70....
...In Australia, shopping mall owner Westfield climbed 4.7 per cent to A$13.03 after positive first-half figures. the S&P/ASX 200 index rose 1.1 per cent to 4,454.5....
...Separately, the head of Sony UK said the government had “effectively signed the death warrant for many fundamentally sound UK retailers” with the supply chain insurance scheme announced in the budget....
...Back at the Olympic park in Stratford, developer Westfield remains upbeat in spite of the gloom shrouding the commercial property and retail sectors....
...Westfield, the Australian developer, insists that a planned shopping mall, office and apartment complex will go ahead when the economy bounces back but at the moment it is a gash in the centre of the city...
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