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...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...It offers universal, standardised ways for companies to cut development costs while refusing to discriminate by price. The rule of thumb has always been that royalties are 5 per cent of the chip price....
...Thus, the usefulness of CBDCs for safely holding balances beyond deposit insurance limits is ruled out by construction....
...Citi is transitioning from 50 yrs. as a universal bank in dozens of countries to 5 LOBs....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...Starbucks is famed for offering its workers the kind of benefits that are often out of reach for low-income employees in the service industry, such as college tuition, generous health insurance and stock...
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...Lloyd’s of London, the insurance market, has warned that extreme weather will push up insurance premiums....
...The full expensing of capital investment, which was due to expire in 2026, allows a company to immediately deduct all of its spending on IT equipment, plant or machinery from taxable profits....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...The charity has estimated that one million people cancelled their car insurance last year as bills piled up, with those on universal credit especially likely to do so....
...Lots of large FTSE 100 companies aren’t really operating in the UK. We’ve got Chilean mining companies that are listed on the FTSE 100. Does Antofagasta get included in the British Isa?...
...No longer Greek, the tanker is managed by a Chinese company based in the city of Dalian, flies a Liberian flag and no longer holds insurance from a western provider....
...Kathleen Donnelly KC acted for 555 sub-postmasters in a 2019 High Court case, known as Bates v Post Office, that led to revelations the company had pursued thousands of people between 2000 and 2014 with...
...Terminal V did not respond to a request for comment....
...“We are looking at this as a universal owner,” he said. “We own chemical companies but also, on the demand side, we own cosmetic companies, consumer goods and electronics....
...All these cars need insurance. According to Confused.com, the average cost of car insurance rose by 20 per cent over the past 12 months. But they’re not universal....
...Predictably enough, Moscow makes noises — which some Europeans unfortunately believe, too — that a windfall tax on a Belgian company will damage the credibility of the euro....
...But it should not be made universal, as some argue. The incentive for banks to manage risks effectively would then be stunted....
...consulting or insurance services....
...It almost doubled since the spinout of the group’s most valuable business, Universal Music Group, two years ago. “Despite all the work that’s been done, Vivendi has not managed to reduce the discount....
...4 National Insurance by one percentage point in today’s Autumn Statement for growth....
...This happened during the 2008 financial crisis when I chaired the Federal Deposit Insurance Corporation....
...by Japan’s Universal Entertainment....
...This will make it more expensive for holiday-let landlords to shift their assets into a company....
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