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...
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...
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...
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...
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...
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...
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...
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...
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...
Can Fiat Chrysler (NYSE:FCAU)’s Stock Gain Today from Ferrari’s IPO?
Fiat Chrysler Automobiles NV (NYSE:FCAU)'s stock was up by 1.88 percent in after hours trading after closing flat at US$15.94 a share on Tuesday....
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...
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...
Google Posts 11 Percent Revenue Rise in Q2, Beats Forecast
Silicon Valley-based Google proved that it is still a force to reckon with when it comes to mobile search and advertising after posting an...
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...
Oil Price Forecast To Hit New Lows in 2015
Prices of oil in the world market could hit new lows this year due to increased production and peak seasonal refinery maintenance in October,...
Co-CEOs of Deutsche Bank Offered To Resign
Two weeks after Deutsche Bank gave one of its co-chief executives more power, the two Co-CEO have reportedly offered to resign, Reuters has reported....
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...
South Africa Selling USD2.1-Billion Vodacom Stake to PIC
The government of South Africa is reportedly selling its 13.9 percent stake in mobile phone company Vodacom Group for at least USD2.1 billion, sources...
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...
