Elon Musk claims in a tweet that he will buy Manchester United… before admitting that it was a joke

The billionaire, boss of Tesla and SpaceX, even confided that he was not interested in buying “any sports team”. Elon Musk shook the football world. The billionaire, boss of Tesla and SpaceX, said in a tweet on Tuesday evening that he was buying English football club Manchester United. In a sibylline tweet, the wealthy entrepreneur, … Read more

Inflation will weigh on the insurance market, according to a study by Swiss Re

The insurance market will continue to grow in 2022 thanks in particular to emerging countries, according to a study published on Wednesday by the reinsurer Swiss Re, which however warns against the risks that inflation will pose to insurers. In 2022, insurance premiums issued worldwide should for the first time exceed the 7,000 billion dollar … Read more

insurance, a headache for companies

By Daniele Guinot Posted on 03/30/2022 at 20:48, Update on 03/30/2022 at 22:43 Companies that have chosen to stay in Russia face a real insurance headache. 86157847/luzitanija – stock.adobe.com War risk is not covered by damage insurance. In Russia, the situation has hardened. The Russian invasion of Ukraine makes the life of companies present in … Read more

Amazon is hiring 4,000 more people in the UK

The American online distribution giant Amazon announced on Friday that it was hiring more than 4,000 additional people this year in the United Kingdom on permanent contracts. Read alsoAmazon hired 15,000 more people than expected in the UK in 2021 This should boost its workforce in the country to 75,000 people and make the group … Read more

record first-half profitability in non-life insurance

Swiss insurer Zurich Insurance reported record profitability in its non-life insurance business in the first half of the year on Thursday, driven by business insurance contracts and agricultural crop coverage. Read alsoZurich Insurance sells life insurance business in Germany Its combined ratio, the reference indicator for assessing the profitability of insurers, stood at 91.9%, the … Read more

On Amazon, the worrying business of counterfeit books

By Claudia Cohen Posted 1 minute ago, Update 1 minute ago Many authors found that the e-commerce giant was selling counterfeit versions of their book. Gorodenkoff Productions/stock.adobe.com INVESTIGATION – Many books are pirated, printed at low cost and then resold online at steep discounts. One fine morning in July, David Flanagan, a Tesla engineer in … Read more

Amazon’s “Prime Day” boosted online sales in the United States

Online sales approached 12 billion dollars in the United States on Tuesday and Wednesday, driven by a promotional operation by Amazon, in a context of galloping inflation, according to figures published Thursday by the Adobe Digital Economy Index. This amount represents an increase of 8.5% compared to the revenues of all e-commerce platforms recorded during … Read more

Zurich Insurance sells life insurance business in Germany

The Swiss insurer Zurich Insurance has signed an agreement with the German insurance portfolio manager Viridium to sell it life insurance activities in Germany, it announced on Friday. Read alsoZurich Insurance withdraws from Russia by reselling its activities to its local team Transfer of reserves of 20 billion dollars The sale of these activities, which … Read more

Space Europe is remobilizing to catch up with the intrepid SpaceX

Test of the Thémis reusable rocket stage project, led by ArianeGroup. Ariane Group – Eskenazy On the program: the reusable Maia mini-launcher and a sovereign constellation. After a long period of denial in the face of SpaceX, which quickly established itself as the world leader in launches with its reusable Falcon 9 rocket, manned flights … Read more

net profit up 8.4% in H1, driven by acquisitions in Italy

CNP Assurances recorded net profit up 8.4% year on year in the first half, at 748 million euros, driven by the acquisition of certain Aviva life insurance activities in Italy, according to published figures Wednesday by the group, which became a 100% subsidiary of La Banque Postale in early June. Read alsoCNP Assurances buys Swiss … Read more