Alibaba’s Ant Group Files for Dual Listing; Could Be World’s Largest IPO Ever August 25, 2020 By Julie Zhu Ant Group, Alibaba’s fintech arm and China’s dominant mobile payments firm, filed for a dual listing in Hong Kong and...
Anbang, Andy Bang, $1 Trillion in Claims. Ritz-Carlton Mystery Gets Its Day in Court. August 24, 2020 By Jef Feeley and Mark Chediak When a 26-year-old Uber driver walked into a California deeds office two years ago, it was the real-estate equivalent of...
China Regulator Pledges Continued Backing of Hong Kong as Financial Center August 24, 2020 China’s banking regulator pledged its backing for Hong Kong as a finance hub and reiterated a commitment to opening up...
Berkshire Hathaway Specialty Adds ERGO’s Keune to Head Executive Lines in Germany August 24, 2020 Berkshire Hathaway Specialty Insurance (BHSI) has appointed Dr. Carsten Keune as head of Executive & Professional Lines in Germany. Carsten...
Marco Capital Targets Europe’s P/C Insurance Run-Off Market August 24, 2020 Newly-launched Marco Capital Holdings Limited plans to pursue property/casualty insurance run-off opportunities in Continental Europe, the UK and Lloyd’s of...
Britain, EU Report Little Progress on Post-Brexit Deal August 24, 2020 By William James and Gabriela Baczynska Britain and the European Union made scant progress towards a deal on future ties in talks last week, and their...
Global Dividends Outcome ‘Worst Since Global Financial Crisis’ August 24, 2020 By Marc Jones The coronavirus crisis will see the world’s biggest firms slash dividend payouts between 17%-23% this year or what could be...
Dueling Storms Marco, Laura Hit Haiti, Dominican, Cuba on Way to Gulf Coast August 23, 2020 By Ernest Scheyder and Jennifer Hiller SUNDAY, 08/23/2020, 06:23 PM— Hurricane Marco and Tropical Storm Laura tore through the Caribbean and Gulf of Mexico on Sunday,...
Japan Ship Behind Oil Spill in Mauritius Deviated From Regular Shipping Lane August 21, 2020 By Aaron Sheldrick The Japanese-owned bulk carrier that ran aground off Mauritius and spilled oil over pristine waters and fragile coral reefs diverted...
Class Action Targets Commonwealth Bank of Australia Over Insurance Advising August 21, 2020 Commonwealth Bank of Australia (CBA) said on Friday a class action lawsuit was filed over advice given on life insurance...