(Adds detail, background). By Huw Jones and Carolyn Cohn. LONDON, May 1 (Reuters) – Britain’s financial watchdog said it would urgently ask the courts to clarify uncertainty over whether businesses can claim compensation for disruption caused by the …
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STOCKHOLM â Per Arne Fredin has been at the sharp end of Sweden’s policy to buck the norm and avoid a COVID-19 lockdown – a decision that has been hailed as both visionary and irresponsible by public figures around the world. As a 70-year-old with a …
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Tesla founder and CEO Elon Musk is getting into the insurance business again, sort of. Musk has cancelled his company’s directors and officers insurance (D&O), replacing it with a promise to personally provide his board members with âequivalentâ coverage …
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LONDON (Reuters) – British state-backed lender Royal Bank of Scotland (RBS.L) said its profits halved in the first quarter, as it set aside 802 million pounds ($1.01 billion) against a likely spike in bad loans due to the coronavirus pandemic. FILE PHOTO:Â …
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Moderna Inc., one of the leaders among U.S. companies developing experimental vaccines against the coronavirus, entered a pact with Lonza Group AG aimed at manufacturing 1 billion doses a year. The companies announced a global agreement under …
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