Published time: 30 Dec, 2017 10:50 Economic losses from natural and man-made disasters have soared by 63 percent in 2017 to an estimated $ 306 billion, according to a report from reinsurance firm Swiss Re. Read more The company estimates, insured losses from natural and man-made disasters around the world was approximately $ 136 billion, […]
Tag: losses
Man Utd news: Beating Paul Pogba will console me for all video-game losses – Magnusson
Bristol City’s Icelandic international Magnusson became a friend, Playstation rival, interpreter and team-mate of Pogba when he joined Juventus in 2012. Magnusson, who was in Juve’s youth academy at the time, never had a chance to play in the senior side alongside Pogba but they had plenty of “virtual” action – and he almost always […]
Tourbillon Capital, a $3.4 billion hedge fund that’s been sounding the alarm about ‘frothy speculation,’ is suffering big losses
Russell Boyce/Reuters Tourbillon Capital is a $ 3.4 billion New York hedge fund led by Jason Karp. Karp has been warning of “frothy speculation,” in the markets and has been preaching patience. The firm’s flagship fund is down more than 10% for the year to November 17. Tourbillon Capital, a $ 3.4 billion hedge fund firm led […]
If not for its cloud business, Amazon would be posting big losses (AMZN)
Amazon’s cloud business has become the company’s golden egg. For much of the last two years, Amazon Web Services — the company’s cloud computing unit — has accounted for a sizeable chunk of Amazon’s overall profits. But, as we can see in this chart from Statista, in three of Amazon’s last five quarters it’s done even more — […]
Aetna trims its Obamacare losses, raises its forecast (AET)
Justin Sullivan/Getty Images Aetna missed on the top line, but beat on the bottom line. The company says it trimmed losses in its Obamacare business. Aetna raised its full-year earnings forecast. (Reuters) – Aetna Inc cut losses in its Obamacare business in the third quarter, helping the U.S. health insurer post a higher-than-expected profit […]
TRANSPORTATION & LOGISTICS BRIEFING: Uber’s losses narrow despite Lyft’s gains — Drone delivery service launches in Iceland — Audi, Qualcomm invest in connected car startup
Welcome to Transportation & Logistics Briefing, a new morning email providing the latest news, data, and insight on how digital technology is disrupting transportation and delivery, produced by BI Intelligence. Sign up and receive Transportation & Logistics Briefing free to your inbox. Have feedback? We’d like to hear from you. Write me at: jcamhi@businessinsider.com. UBER’S LOSSES […]
US Postal Service calls for price increases amid record losses
The US Postal Service has seen record losses as traditional mail is replaced by electronic means. Without enough money to pay for years of employee benefits, the agency is calling for legislation to enable them to raise their prices. On Thursday, the USPS reported losses of $ 2.1 billion in the third fiscal quarter of […]
Tesla's quarterly revenue beats estimates but losses widen
Aug 2 (Reuters) – Electric-car maker Tesla Inc reported better-than-expected quarterly revenue and backed its delivery guidance for the second half of the year. Shares of the company, which said it was averaging over 1,800 net reservations per day for its mass-market Model 3 since the handover of the launch vehicles last week, rose as […]
Trevor Noah drags Democrats over repeated losses: ‘By next year, San Francisco will have elected Mayor Hannity’
Comedy Central “The Daily Show” host Trevor Noah focused on a different target during a segment of his show Tuesday night, ripping into the Democratic Party’s series of nationwide election losses since November. “As the health care effort lurches through the Senate, it shows the importance of momentum in politics,” Noah said. “And you know […]
A major global cyber attack could cause $53 billion in economic losses, on par with a natural disaster
(Reuters) — A major, global cyber attack could trigger an average of $ 53 billion of economic losses, a figure on par with a catastrophic natural disaster such as U.S. Superstorm Sandy in 2012, Lloyd’s of London said in a report on Monday. The report, co-written with risk-modeling firm Cyence, examined potential economic losses from […]
