Abstrakt Wins Bronze Stevie Award in 2020 International Business Awards

ST. LOUIS, Sept. 10, 2020 /PRNewswire/ — Abstrakt Marketing Group was named the winner of a Bronze Stevie® Award in the Most Valuable Corporate Response category in the 17th Annual International Business Awards® today. 

The International Business Awards are the world’s premier business awards program. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small – are eligible to submit nominations. The 2020 IBAs received entries from organizations in 63 nations and territories. While this is Abstrakt’s third time being honored as a Bronze Stevie Award Honoree this year, it is their first recognition in the COVID-19 Response categories. The Most Valuable Corporate Response Winners were nominations that had exemplary responses to the pandemic to ensure the well-being of their employees, customers, and communities. 

“This past spring, our executive team understood the need to mobilize our workforce as quickly and efficiently

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Lufthansa could cut more planes and jobs than planned: sources

FRANKFURT/BERLIN (Reuters) – German airline Lufthansa <LHAG.DE> could cut its fleet by 130 planes in response to the coronavirus crisis, two people familiar with the matter said.

Such a cut would mean a reduction of at least 30 planes more than the recently bailed-out airline had planned previously.

Lufthansa Chief Executive Carsten Spohr informed staff on Monday that the airline’s management would make a decision about the move in the coming week, the people told Reuters.

The number of workers at Lufthansa, which stood at around 140,000 before the coronavirus crisis hit the airline sector, is likely to have to be reduced by a fifth, the sources said.

This would equate to 28,000 positions, slightly more than the 26,000 under previous plans to weather the crisis.

A Lufthansa spokesman declined to comment, saying there had been no decision on the matter.

Lufthansa, which in June received a 9 billion euro

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Dental Insurance Market to Garner $237.11 Billion, Globally, by 2027 at 10.7% CAGR, Says Allied Market Research

Increase in awareness toward oral hygiene and protection of dental insurers against fluctuations in revenues have boosted the growth of the global dental insurance market.

PORTLAND, Ore., Sept. 16, 2020 /PRNewswire/ — Allied Market Research recently published a report, titled, “Dental Insurance Market by Coverage (Dental Preferred Provider Organizations (DPPO), Dental Health Maintenance Organizations (DHMO), Dental Indemnity Plans, and Others), Procedure Type (Major, Basic, and Preventive), Demographics (Senior Citizens, Adults, and Minors), and End User (Individuals and Corporates): Global Opportunity Analysis and Industry Forecast, 2020-2027”. As per the report, the global dental insurance industry generated $152.26 billion in 2019, and is expected to reach $237.11 billion by 2027, growing at a CAGR 10.7% from 2020 to 2027.

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Drivers, restraints, and opportunities

Increase in awareness toward oral hygiene, surge in support from various governments across the globe, and protection of dental insurers against fluctuations in revenues have boosted the

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Hedge Fund Inside Biggest Norway Bank Reveals Junk Bond Bet

(Bloomberg) — Inside the biggest bank in Norway, a hedge fund is going over the bond issuers that lost their investment-grade status during the Covid crisis.

a tall building in a city: Lights illuminate the windows of the DNB ASA headquarters in Oslo, Norway, on Friday, Nov. 2, 2018.

© Bloomberg
Lights illuminate the windows of the DNB ASA headquarters in Oslo, Norway, on Friday, Nov. 2, 2018.

One of the strategies at DNB ASA’s Multi Asset fund is to identify so-called fallen angels and place bets on those that appear to have been unfairly demoted to high yield earlier this year.


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“It’s a strategy that picks up risk premia in the fallen angels segment,” Anette Hjerto, who runs the fund from Oslo, said in an interview. “There will be good opportunities going forward after what has happened during the corona pandemic.”

The 17.5 milllion-euro ($21 million) fund employs eight strategies managed by different teams at DNB Asset Management, including equity long-short and fixed income. Its high-yield strategy returned 10.8% through

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Dave Poms Named 2020 Insurance Entrepreneur of the Year at the International Business Awards


7 Monthly Dividend Stocks To Buy Now For Safe Payouts

The stock market can be broadly separated into two groups — dividend stocks and non-dividend stocks. Among stocks that pay dividends to shareholders, most do so on a quarterly basis. But there are other directions a company can take with its capital return policy. Some companies decide to pay a dividend once per year, while others pay semi-annually. There are even monthly dividend stocks.Income investors may find monthly dividend stocks to be attractive, as they pay 12 dividends per year. Monthly dividend stocks deliver more frequent income payments than stocks with other payout schedules. * 10 Education Stocks to Buy for the Fall School Season This article will discuss our top 7 monthly dividend stocks right now.InvestorPlace – Stock Market News, Stock Advice & Trading Tips * Realty Income (NYSE:O) * STAG Industrial (NYSE:STAG) * Shaw Communications (NYSE:SJR) *

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Air New Zealand plans to cut up to 385 more cabin crew jobs

SYDNEY (Reuters) – Air New Zealand Ltd <AIR.NZ> said on Wednesday it aims to cut up to 385 more cabin crew jobs due to the lack of long-haul international flying, which would take its COVID-19 related job losses to around 37% of its workforce.

The percentage figure is higher than the cuts to nearly 30% of jobs at Australia’s Qantas Airways Ltd <QAN.AX> and around 20% at Singapore Airlines Ltd <SIAL.SI>.

Air New Zealand said in a statement it would need fewer cabin crew due to the decline in demand on North American routes, which had led it to reduce return flights to Los Angeles to three a week from daily and convert San Francisco flights to cargo only.

“In the foreseeable future, we have around 385 more widebody cabin crew in the business than we have work for,” an airline spokeswoman said. “Any decision we make will be made

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Hub International Partners With InsuraGuest, Inc. To Lower Insurance Premiums And Transfer Risks For Hotel Clients

InsuraGuest coverage and platform transfers high frequency small property and medical guest claims to reduce risk, decrease premiums and generate revenue for hotel operators.

A considerable amount of a hotel operator’s claims is from small property or medical claims that are frequently applied to the general liability policy. This high frequency in claims drives up premium prices. The InsuraGuest solution transfers the risk from the hotel operator by having guests pay a nominal fee per night.  InsuraGuest then pays out these small claims and keeps them off the general liability policy for the hotel operator.  

“Given the current state of the hospitality industry, it is nice to have a new and exciting tool such as InsuraGuest, which will help us lower a hotel’s overall liability costs through claims avoidance. InsuraGuest costs a hotel owner nothing. In fact, it actually generates new revenue while giving us the means to reduce General

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Fifth Third Bank Helps Customers Pay Down $5 Million in Student Loan Debt

The MarketWatch News Department was not involved in the creation of this content.

Fifth Third MomentumTM recently hit a milestone: It now has helped customers pay down $5 million in student loan debt. The Fifth Third Momentum app, which launched three years ago, allows customers to round up their debit card purchases to apply to a student loan.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200915005836/en/

“We’re proud to play a role in helping families find solutions for student loans,” said Melissa Stevens, chief digital officer for Fifth Third Bank. “Even in times of hardship due to the pandemic, we want to help our customers continue to work toward a goal we know causes a lot of stress, especially for our Millennial customers.”

Fifth Third Momentum allows users either to round up debit card purchases to the next dollar or to add $1 to every purchase.

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How to Get a Personal Loan: Rates & Fees

With the coronavirus pandemic wreaking havoc on the US economy and millions continuing to file for unemployment, many people are finding themselves tight on money. Nobody wants to be in this situation, but if you’re strapped for cash, you might consider applying for a personal loan to cover your expenses.

a woman sitting at a table using a laptop computer

© iStock

a hand holding a cell phone: A personal loan could be an option to consider if you need cash right now.

© iStock
A personal loan could be an option to consider if you need cash right now.

But what exactly is a personal loan? How does it differ from a mortgage or a credit card? Is now a good time to get a personal loan, and what’s the best way to go about it? CNN Underscored has the answers to all your questions about personal loans to help you decide if getting one is right for you.


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What is a personal loan?

A personal loan is a type of debt where, typically, a person receives a

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Citi and Citi Foundation Expand Global Job Skills-Building Initiative to Improve Employability and Economic Opportunity for Underserved Communities

The MarketWatch News Department was not involved in the creation of this content.

Citi and the Citi Foundation today announced an expansion of the global Pathways to Progress initiative, led by a Citi Foundation investment of $100 million to improve employability and economic opportunity around the world.

Through Pathways to Progress, young people become equipped with the skills and confidence they need to make a positive impact in their lives and their communities, and also access employment opportunities to succeed in rapidly changing economies.

Since 2014, the Citi Foundation has invested approximately $200 million globally in Pathways to Progress programming. By 2023, the Citi Foundation expects to cumulatively impact over a million young people around the world with a total investment of $300 million. In the U.S., the program has served approximately 100,000 Black and Latinx youth over the past three years, and expanded efforts will focus more intently

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