Global Economy
Buffett’s Berkshire Hathaway Sheds Oracle holdings, Trims Apple Stake, Adds New Investments
Warren Buffett's Berkshire Hathaway Inc said it has trimmed its stake in iPhone maker Apple Inc , though none of the selling was Buffett's, and added positions in Canada's Suncor Energy Inc and ...
Uber Wants Dubai-Based Ridesharing Service That Insures Customers and Drivers
Dubai-based ride-hailing service Careem Networks FZ is looking for new ways to get ahead of main rival Uber Technologies Inc. in the Middle East. Careem launched an accident insurance program for ...
Lancashire Holdings Will use Lloyd’s Brussels Hub After Brexit Hits
Property and casualty insurer Lancashire Holdings Ltd will use insurance market Lloyd's of London's European Union hub in Brussels after Britain leaves the European Union, its top boss told Reuters. ...
Britain’s Aviva Moves $10B Out of Country Due to Brexit Uncertainty
Aviva Plc asked a London court to approve the transfer of assets totaling 9 billion euros ($10.2 billion), saying the uncertainty from Brexit was "intensifying" as it joined other insurers and banks ...
APIW Names AXA XL’s Lyles as Insurance Woman of the Year
The Association of Professional Insurance Women (APIW) has announced that Kelly Lyles, chief executive, client and country management at AXA XL, has been selected as the recipient of the 2019 APIW ...
General Insurance Blues: AIG Ended 2018 With Another Money-Losing Quarter
American International Group's road to profitability continues to be both slow and challenging. High catastrophe losses in the fourth quarter presented yet another obstacle. The property/casualty ...
Alleged China Hacking May Draw Coordinated EU Response
European Union member states are considering a possible joint response to cyber attacks allegedly conducted by a Chinese state-linked hacker group after the U.K. presented evidence last month about ...
EU Urges UK PM May to Endorse Permanent Post-Brexit Customs Union
European Union Brexit negotiator Michel Barnier said on Monday British Prime Minister Theresa May should endorse a permanent customs union with the bloc - as proposed by the opposition Labour party - ...