World Business

World Business was a weekly half hour features programme on CNBC presented by Raya Abirached. The show covered recent trends in global business, technology, luxury markets and the business of sport. The programme aired in Europe on Friday nights and in Asia on Saturday mornings.

World Business was cancelled after it was revealed that the show's production company was doubling as a public relations firm for Malaysian politicians, including Sarawak Chief Minister Abdul Taib Mahmud. The Sarawak Report, a blog run by Clare Rewcastle Brown, reported that FBC Media had been receiving payments from Malaysian politicians in return for positive coverage, including carrying puff pieces on the programme to improve Taib's international image.

References

External links

Insurance

Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. An insurer, or insurance carrier (often called an "insurance company), is sells the insurance policy to customers. The customers, who are called the insured or policyholder, are the person or entity (which may be a private company or other organization) buying the insurance policy. The amount of money to the customer pays for a certain amount of insurance coverage is called the "premium". Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.

The transaction involves the insured making a payment to the insurer in exchange for the insurer's promise to compensate (indemnity) the insured in the case of a financial (personal) loss. The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insured will be financially compensated. In the event that the insured experiences a financial or personal loss which is covered by the insurance policy, the insured makes an insurance claim to the insurer. Insurance company claims adjusters and other insurance company employees assess the claim. Insurance policies typically set out certain circumstances or actions which will void the insurance policy; if the insurance policy is voided, then the insurer may not have to pay out the claim.

Crain Communications

Crain Communications Inc is an American publishing conglomerate based in Detroit, Michigan. The company publishes a variety of trade newspapers, including some city-based business newspapers, such as Crain's Cleveland Business, Crain's Chicago Business, Crain's Detroit Business, and Crain's New York Business. These weeklies follow the same formula, including finance, manufacturing, health care, real estate, technology, and government sections, as well as an "in-depth" section. In addition to newspaper production, the editors maintain Internet versions of these papers and offer e-mail news briefs free of charge.

Crain also produces a number of major industry/trade periodicals, including Advertising Age, TelevisionWeek, Creativity, Automobilwoche (in German), Automotive News , Autoweek, Business Insurance, European Rubber Journal, Investment News, Modern Healthcare, Pensions & Investments, Plastics News, Rubber & Plastics News, Tire Business, Urethanes Technology, Waste and Recycling News, and Workforce Management.