Anthem-Cigna Merger To Create Insurance Firm with USD115 Billion Revenue

American health insurance giant Anthem is acquiring its rival Cigna for USD48.3 billion, creating a combined insurance company that will have an estimated USD115...

Abbott Laboratories (NYSE:ABT) Upgraded to Buy from Hold

Abbott Laboratories (NYSE:ABT) received an upgrade by equity research analysts at Jefferies & Co Monday morning from Hold to Buy. Jefferies & Co also set...

IATA and UNECE Ink Trade Facilitation Agreement

GENEVA - The International Air Transport Association (IATA) and the United Nations Economic Commission for Europe (UNECE) signed a Memorandum of Understanding (MoU) to...

Auto Insurance Premiums Forecast to Rise in Most Countries

The value of auto insurance premiums is forecast to grow in most countries up to 2018 after growing at a rate of 2.9 percent...

Southwest Airlines Announces New Domestic, International Service

US-based Southwest Airline Co, the world's largest low-cos carrier, is adding new domestic and international service in the next several months. Carrier extends flight schedule...

CGS Eyes Enhanced BPO Services with Israel Office Opening

New York-headquartered business process outsourcing (BPO) firm CGS has announced the opening of its new office in Netanya, Israel, extending its language capabilities to...
MIBI Ireland

Irish Insurers Warn of Premiums Rise

The Motor Insurers' Bureau of Ireland (MIBI) has warned of a possible increase in insurance premiums should the ruling related to the liabilities of...

India’s Tata Steel Limited (NSE:TATASTEEL) Up 5.07 Percent on Hot Metal Production Report

INDIA - Holding company Tata Steel Limited (NSE:TATASTEEL)'s stock gained 5.07 percent on Friday's trading at the National Stock Exchange of India (NSE) to...

McDonald’s Shutting Down 700 Stores Globally This Year

The world's largest chain of hamburger fast food restaurants, McDonald's, announced that it will close about 700 stores around the world this year to...

Despite Challenges, Uber to Further Expand in Canada

CANADA - Despite facing a long list of challenges in Cabada, taxi-hailing corporation Uber is not giving up on Canada, despite its current row...

Coulson’s Ardagh Group Nears USD3.2-Billion Acquisition of Saint Gobain Unit

DUBLIN, IRELAND - Luxembourg-based Ardagh Group, a glass and metal packaging solutions giant, is reportedly finalizing a deal to acquire Saint Gobain's Verallia glass...

New York Life Names Edward Shirley to Board of Directors

Former Bacardi Ltd President and CEO Edward Shirley has been elected to the Board of Directors of New York Life Insurance Company effective 01...

Nigeria’s Nicon Insurance Selling USD100 Million Worth of Assets

NIGERIA – Nicon Insurance, one of the top insurance firms in Nigeria, is reportedly selling N20 billion (USD100 million) worth of its assets in...
Air Canada

Air Canada Launches Non-Stop Vancouver-Delhi Flights

Air Canada has announced the introduction of the only non-stop flights from Vancouver to Delhi, India beginning October 20, 2016, in time for Diwali...

Israel’s Teva Pharmaceutical Offers to Acquire Mylan for USD40 Billion

PENNSYLVANIA, USA - Teva Pharmaceutical Industries, an international pharmaceutical company headquartered in Petah Tikvah, Israel, has reportedly offered to buy Mylan NV, a Pennsylvania-headquartered...

Bolsas Y Mercado Españoles Joins the Sustainable Stock Exchanges Initiative

MADRID, Spain - Bolsas Y Mercado Españoles (BME), the stock exchange of Spain, announced that it has partnered with the United Nations Sustainable Stock...
Bitcoin

Goldman’s Investment To Boost Bitcoin’s Credibility

After releasing a report in March that said the amount of bitcoin trading activity in China has risen, Goldman Sachs is co-leading a USD50...

American Airlines Names Operations Officers to Leadership Team

TEXAS, USA – American Airlines Group Inc. announced the appointment of two Air Operations officers to its leadership team. Kimball Stone has been named Vice...

Asia-Pacific To Drive World Insurance Growth By 2020

Despite the region's low insurance penetration, Asia-Pacific is poised to become a dominant player of the world insurance growth by 2020, with insurance premium...

Maldives To Host Investment Forum in Beijing

BEIJING, CHINA - The second Maldives Investment Forum will be held in Beijing in September this year, a local newspaper in Maldives reported. The country's...