All Online only articles – Page 24
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Eurocrats blast rating agencies
Ratings are not a satisfactory basis for determining regulatory capital, said Europe’s Economic and Social Committee
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Internal displacement at record high
Conflict and natural disasters forced 26m people to flee their homes in 2008
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Industrial production drops 2 % in euro area
As a whole compared with a year earlier industrial production is down around 20%
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Pig flu victim sues Smithfield
Suit claims Mexican farm was a ‘breeding ground’ for swine flu
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OFT clampdown on cartels
Companies that resort to price fixing to boost profits in the recession will be targeted, warns law firm
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Competition authorities fine Intel record €1bn
Intel accused of illegal sales practices to encourage manufacturers to use its microprocessor chips
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European captives welcome Solvency II framework
European Parliamentary vote is welcome step forward, says ECIROA
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AIRMIC members reveal their pandemic fears
Loss of staff and service disruption are biggest pandemic concerns
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Construction sector failing to manage project risk
Breach of health and safety legislation is a common mistake, says Marsh
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Brokers report decline in insurance buying
BIBA warned businesses not to reduce cover without consulting a broker
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Apartheid victims can sue multinationals
A US District Judge ruled that several companies can be sued by apartheid victims for ‘aiding and abetting’ the regime
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Bank of China managers ran $485m laundering scam
Involved laundering money through Las Vegas casinos
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Q2 renewals yield reductions
Only half of UK underwriters predict an increase in premium, says global broker
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E&Y comments on Solvency II
Solvency II will be at the top of every insurer’s agenda for the next three years, it says
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Bankers were authors of their own demise
A parliamentary inquiry pins responsibility for the financial meltdown on a culture of risk taking