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LONDON: When much of the global economy locked down last year, insurers, facing estimated losses of more than US$100bil (RM410bil) globally, reached straight for their red pens to strike pandemic cover from all new business policies.
MANCHESTER: Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive, thanks in part to surging commodity prices.
IN THE run-up to the 2020 United States election, a meme started making the rounds on Twitter. “Transport is climate policy, ” someone would tweet above an article about subway improvement. “Childcare is climate policy, ” they’d say about a paid maternity leave proposal. The quip applied to almost everything – even voting by mail.
KUCHING: Perdana Petroleum Bhd is eyeing for regional contracts to supply offshore support vessels (OSVs) for the oil and gas (O&G) industry in several countries.
How the world’s biggest wealth fund retains talent
AUCKLAND: Fonterra Cooperative Group, the world’s biggest dairy exporter, is proposing an overhaul of its capital structure that may see its New Zealand farmer-shareholders buy back the listed Fonterra Shareholders’ Fund.
An exodus of expatriates following anti-government protests, combined with a declining population and higher unemployment rate have led to sluggish rental demand in the Asian financial hub, even as purchase prices hold steady.
CHINA has moved to cool its red-hot steel sector by discouraging exports and boosting imports of some feedstock alternatives to buoyant iron ore, steps largely viewed as short-term measures to calm prices.