South African Retailer Steinhoff to Sell Assets After $7B Accounting Fraud August 13, 2019 Scandal-hit South African retailer Steinhoff said on Tuesday its only hope for survival is to sell off assets to become...
Hong Kong Plunging into ‘Panic and Chaos,’ Says Leader, as Protests Continue August 13, 2019 By Felix Tam and Brenda Goh Flights leaving Hong Kong were disrupted for a second day on Tuesday, plunging the former British colony deeper into turmoil...
Canada’s Desjardins Reports Costs of $53M Related to Data Breach August 13, 2019 Canadian lender Desjardins Group said on Monday it spent C$70 million ($53 million) in the second quarter related to a...
Private Equity Firm JC Flowers Kept Stake in Japan’s Shinsei Bank Too Long: Opinion August 13, 2019 By Nisha Gopalan, Bloomberg Opinion Japan’s banking sector has become a dead zone for private equity. Yet even then, the latest attempt by J. Christopher...
BHSI Enhances Executive First D&O Liability Insurance in Asia August 13, 2019 Berkshire Hathaway Specialty Insurance (BHSI) announced that it has enhanced its Asia Executive FirstDirectors & Officers (D&O) Liability Insurance to...
Ohio Jury Awards $50M to Man Who Alleged Police Locked Him in Closet August 13, 2019 A jury in Cleveland on Friday awarded $50 million to a man who claimed police beat him while he was...
Texas’ Tricolor Launches Auto Insurance Option for Low Income Consumers August 13, 2019 Tricolor, a Dallas-based used vehicle retailer focusing on the sale and financing of vehicles to the Hispanic consumer, is now...
Allianz Appoints Mitchell as Regional Head, Multinational for the Americas August 13, 2019 Allianz Global Corporate & Specialty SE (AGCS) has named Ben Mitchell to the newly created role of regional head of...
Paychex Now Offering Cyber Liability Insurance to Payroll Clients August 13, 2019 Payroll management firm Paychex is now making cyber liability insurance available to its clients through Paychex Insurance Agency and AXIS...
Car Makers Befriend Hackers to Learn About Cyber Vulnerabilities August 13, 2019 By Tina Bellon At a conference where hackers can try their hand at picking locks and discover cyber vulnerabilities in a makeshift hospital,...