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AM Best affirms the credit rating of China Shipowners Mutual Assurance Association

AM Best has affirmed the China Shipowners Mutual Assurance Association (China P&I or CLUB) (China) financial strength rating of A- (Excellent) and long-term issuer credit rating of ‘A-‘ (Excellent). The outlook for these credit ratings is stable. The rating reflects the strength of China P&I’s balance sheet, which AM Best believes to be very strong, as well as its substantial operating…

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Jet2 £88 flight from Liverpool John Lennon Airport to 'beautiful golden beach' and year-round summer island

The Canary Island of Lanzarote is known for its golden beaches and warm temperatures. Ryanair and EasyJet both operate flights to Lanzarote from Liverpool John Lennon Airport, providing several flights per week. However, Jet2 will also offer routes upon arrival in Liverpool. The budget airline will start operations from Liverpool John Lennon Airport next March. The airline’s first summer season…

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Elon Musk says X will take away ability to block accounts

Messaging platform in downtown San Francisco, California, US on July 30, 2023 Aug 18 (Reuters) – Social media company X, formerly known as Twitter, will remove a protective feature that let users block other accounts, owner Elon Musk said on Friday in another move for that company. Made the controversial move that he bought last year. The Block function on X allows a user to restrict specific…

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US banks lost $18,900,000,000 as bad loans hit JPMorgan Chase and Capital One: report

America’s biggest banks are seeing their profits take a hit as rising interest rates write off billions of dollars in bad loans. According to a report in the Financial Times, JPMorgan Chase, Capital One and others lost a combined $18.9 billion in the second quarter of this year due to delinquent debt. Banks are facing “charge-offs” or losses on loans that are now designated as nonperforming at a…

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DWP cost of living payment dates for the rest of 2023 and who is eligible

More of the cost of living will be paid to give some much needed financial support to people in the coming months. The scheme was launched by the government last year, and lakhs of people have received several installments from the Department for Work and Pensions (DWP). The most recent payments reached most people’s accounts between April 25 and May 17. Gov.uk says you may be able to get up to…

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This Is Your New, Comfortable Mercedes-AMG GT Coupe

supercars Not that the 2+2 seating stops it from being a 577bhp weapon, of course… Enable JavaScript to view all available images. Yes, cuddled up, Mercedes has been talking to its customers and has found that what they want most from the new AMG GT Coupe is something less… harsh. Easy to use every day; Comfortable to drive around. Despite still being an absolute powerhouse, naturally. Merc…

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800 hp Mustang GTD targets Nurburgring supremacy

The new Ford Mustang was already shaping up to be quite nicely, with its standard manual gearbox and 500 hp dark horse flagship offering. Now with that confirmed, GTD looks about a million times more amazing. Or, as Ford CEO Jim Farley says, “The best of Ford Motor Company and what our teams need to do every day.” You can say that again. We should start with what this GTD (the new GT3 race car…

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A week of ups and downs in the UK economy

by Faisal Islam economics editor image Source, Getty Images image Caption, Can Britain’s economy get back on track? 2 hours ago Turning points in the economy can be a little messy. Just two decades ago, Mervyn King, then deputy governor of the Bank of England, said that the new economic figures mirrored John Travolta in Saturday Night Fever: “Old-fashioned disco dancing – fast movements in…

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Cruise agrees to reduce driverless car fleet in San Francisco after crash

  Less than a day after one of its driverless taxis collided with a fire truck at a San Francisco intersection, Cruz agreed Friday to state regulators’ request to cut in half the number of vehicles it operates in the city. Give. The blow to the driverless car company comes just a week after the California Public Utilities Commission voted to allow the expansion of driverless taxi services by…

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10 Incredible Ways Admiral Travel Insurance Transforms Your Travel Experience

Traveling is an exciting adventure, but unexpected events can disrupt even the most meticulously planned trips. This is where Admiral Travel Insurance steps in to provide you with peace of mind and a seamless travel experience. In this article, we’ll explore the ten incredible ways Admiral Travel Insurance can transform your travel journey. 1. Comprehensive Coverage for Medical…

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Admiral Travel Insurance vs. Competitors: Which One Truly Has Your Back?

In this article, we will compare Admiral Travel Insurance with its competitors to determine which one truly has your back during your travels. When planning a trip, it’s essential to consider travel insurance to safeguard yourself against unexpected events. With numerous options available in the market, it can be overwhelming to choose the right travel insurance provider. Understanding the…