Taishin Raises Offer for Shin Kong in What Could Be Taiwan’s Biggest Financial Deal September 12, 2024 By Faith Hung Taiwan financial conglomerate Taishin said it would raise its offer for peer Shin Kong by 25% to about T$222.4 billion...
US Nuclear Verdicts Break Records and Drive Social Inflation to 7% in 2023: Report September 11, 2024 By L.S. Howard Nuclear verdicts in the United States are breaking records with 27 court cases each awarding compensation of more than US$100...
Russia Loses EU Case Aimed at Unblocking Sanctioned €70 Billion September 11, 2024 By Samuel Stolton and Jorge Valero Russia’s National Settlement Depository lost a bid to overturn European Union sanctions over its alleged role in helping fund President...
Treaty Reinsurance Premiums in London Company Market Grew by 32% in 2023: IUA September 11, 2024 Treaty reinsurance written in the London company market grew by almost one-third in 2023, with the sector generating premiums of...
Built-Up Cities Get More Rain Than Rural Outskirts, Study Finds September 11, 2024 By Matthew Griffin Cities often get more rain and experience extreme rainfall more often compared to surrounding areas, a new study finds, a...
Factories in Vietnam’s Export Hubs May Face Weeks of Disruption After Typhoon Yagi September 11, 2024 By Francesco Guarascio, Phuong Nguyen and Khanh Vu Typhoon Yagi caused severe damage to many factories and flooded warehouses in northern Vietnam’s export-oriented industrial hubs, with some shuttered...
DBS Group Considers Forming Insurance Partnerships in India, Taiwan: Sources September 11, 2024 By Manuel Baigorri and Elffie Chew DBS Group Holdings Ltd. is considering forming insurance partnerships in India and Taiwan to expand its services in the region,...
Finland’s Sampo Secures Deal for Danish Insurer Topdanmark September 11, 2024 By Leo Laikola Finland’s Sampo Oyj succeeded in pushing through an offer for Topdanmark A/S in its second attempt to gain control of...
New Portuguese Government to Keep Ban on Chinese 5G Equipment September 10, 2024 By Sergio Goncalves Portugal’s center-right government will keep the previous administration’s ban on telecoms firms using Chinese equipment in their 5G networks, a...
VW Scraps Three-Decades-Old German Jobs Pledge to Cut Costs September 10, 2024 By Monica Raymunt Volkswagen AG is ending job protections for auto workers in Germany as part of its cost-cutting push, setting up a...