Word: assicurazioni
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Dates: during 2000-2009
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...IKEA on the moon. THE BOURSE Bear market bargain Hamleys, the British toy-retailing institution, used the economic downturn to go bargain shopping, buying defunct English Teddy Bear Co. for $1.1 million. Disastrous Insurance Europe's ailing insurance industry claimed a few more casualties. Top executives at Italy's Assicurazioni Generali and Britain's Royal & Sun Alliance stepped down, and Sweden's Skandia put its once-lucrative U.S. arm up for sale. The Engine That Could China restored its 30 million Internet users' access to the Google search engine. Alta Vista remained blocked. British Energy's meltdown Britain's government...
...steadily built relation- ships and acquired shares, winning seats in the county's top boardrooms. By the 1980s, it was said that practically any deal in Italy needed the blessing of the bank's politically savvy chairman, Enrico Cuccia. A so-called Northern Galaxy - including Trieste-based insurance giant Assicurazioni Generali, BCI, and Florentine insurer La Fondiaria - revolved around Cuccia's office behind La Scala opera house. Fiat was long regarded as an ally. That extraordinary power has been chipped away over the past 10 years. After European monetary union and a round of bank consolidations, Italian finance...
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