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...The insurer was likely to “receive questions about potentially buying a commercial lines [property and casualty] business at the top of the cycle . . . but the purchase price seems reasonable in this respect...
...The bank originated as the Nippon Credit Bank, which was among the highest-profile casualties of the protracted fallout from the collapse of Japan’s 1980s property bubble....
...’s property sector crisis....
...After that, you will be subject to UK inheritance tax on your worldwide assets as well....
...Keese predicted that the market’s “reinsurance to close” mechanism at Lloyd’s — where underwriting books are effectively closed after three years and reinsured — would allow other areas of property & casualty...
...“We are convinced that we could have a big worldwide systemic risk claim on cyber,” de Courtois said....
...China: OK growth meets property tail risks While China’s property sector remains in crisis, its business cycle seems to have stabilised....
...The first quarter also marked the culmination of a four-year project by Nintendo to better leverage the might of its intellectual property....
...You pay UK income tax on your worldwide income....
...Across the board, US property & casualty insurers had a $27bn net underwriting loss last year, their worst performance since 2011....
...I need the cash for a property purchase. I can’t work out what options are open to me. Could I bring proceedings against someone?...
...Is this correct and what will happen when we come to sell either property?...
...“These agreements provide us with a solid base to reactivate business operations worldwide in key markets,” Renault’s chief executive Luca de Meo said....
...Priya Sejpal, property litigation partner in the London office of JMW Solicitors, says neighbour disputes can be extremely difficult to resolve....
...One company can’t meet the rapidly increasing demand for EVs worldwide. Tesla’s ambitious chief executive, Elon Musk, has long been aware of this....
...Under the terms of the deal, Barrett Steel will purchase the distribution business and the property interests of Aartee, saving 173 jobs....
...You are correct that this means your son is responsible for filing US tax returns and possibly paying some US tax on an annual basis on his worldwide income....
...Another casualty of the growing tensions was highlighted yesterday by the head of Goldman Sachs’s private equity business in Asia, who said they had led her to stop raising money in the US....
...The tightening grip of China’s battery manufacturers comes on the back of breakneck growth in the country’s domestic EV market despite challenges to the economy from the property sector slowdown and zero-Covid...
...FTX said in the filing that the swift move into bankruptcy was necessary to “secure and marshal its assets, and . . . to reorganise or sell FTX’s complex array of businesses, investments and property around...
...The group’s assets span gaming studios across the globe, US comics publishers, board games such as Silicon Valley favourite Catan, and even intellectual property for the Lord of the Rings....
...But as labour issues become a bigger focus for investors worldwide, these companies risk losing their cherished green halos....
...However, the company warned that a third division — property and casualty reinsurance — had been affected during the third quarter by an increase in small to midsized claims, driven partly by rising inflation...
...From building care homes in the Falkland Islands to extracting oil from waste sludge in Iraq, this UK-based engineering and environmental consultancy now employs some 11,000 people worldwide....
...News round-up Goldman Sachs makes ‘brutal’ job cuts in quest for lower costs (FT) BlackRock plans to cut 500 jobs worldwide following 2022 sell-off (FT) UK commercial property dealmaking at lowest level...
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