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Companies react to Baltimore bridge collapse

FACTBOX-Companies react to Baltimore bridge collapse Adds Axa and Britannia March 28 (Reuters) - A major bridge collapsed on Tuesday in the U.S. port of Baltimore after being struck by a container ship, plunging cars into the river below. Here is what carmakers and other companies that use the port, have said about the impact on their operations: ASR GROUP The largest sugar company in the U.S.
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Britain to slow rise of minimum wage from 2025, government says

Britain to slow rise of minimum wage from 2025, government says LONDON, March 28 (Reuters) - Britain's government has ended its push to use increases in the minimum wage to narrow the gap between the lowest earners and those on higher pay, offering some relief to employers after this year's nearly 10% jump. Britain's minimum wage for workers aged 21 and over will rise to 11.44 pounds ($14.45) an hour in April - hitting two thirds of median earnings for workers in that age group, and one of the h
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Ship insurer Britannia is helping in Baltimore bridge probe

UPDATE 2-Ship insurer Britannia is helping in Baltimore bridge probe Updates with further comment, detail LONDON, March 28 (Reuters) - Britannia, the insurer of container ship the Dali, is working with the vessel's owner and U.S. authorities on the investigation into the collapse of Baltimore's Francis Scott Key Bridge, the insurer said on Thursday. The bridge collapsed on Tuesday after the Dali suffered a power outage and struck a pylon, causing huge disruption in the port.
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Baltimore bridge collapse likely to result in multibillion-dollar insurance claims -Lloyd's of London

UPDATE 2-Baltimore bridge collapse likely to result in multibillion-dollar insurance claims -Lloyd's of London Adds background paragraphs 6,8, Russia aviation comment 9-10 By Carolyn Cohn LONDON, March 28 (Reuters) - The collapse of Baltimore's Francis Scott Key Bridge is likely to lead to a multi-billion dollar insurance loss, the chairperson of commercial insurance market Lloyd's of London SOLYD.UL said on Thursday.
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Insurer Lloyd's of London swings to $13.5 billion profit in 2023

Insurer Lloyd's of London swings to $13.5 billion profit in 2023 LONDON, March 28 (Reuters) - Lloyd's of London SOLYD.UL swung to a pre-tax profit of 10.7 billion pounds ($13.51 billion) in 2023, the commercial insurance market said on Thursday, boosted by strong underwriting and investment performance. The insurance market, which has more than 50 member firms, suffered an 800-million-pound loss in 2022. Commercial insurers, who underwrite anything from oil rigs to professional footballers' legs
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