Markets
Uber, Waymo Exploring Self-Driving Tech Partnership
Uber Technologies Inc is talking with Alphabet Inc's autonomous driving unit Waymo about using its technology on Uber's ride-hailing app, Uber Chief Executive Dara Khosrowshahi said on Wednesday, ...
Anbang Insurance’s Ex-Chairman Appeals China Fraud Conviction
The former chairman of China's Anbang Insurance Group Co, Wu Xiaohui, has lodged an appeal against his conviction for fraud and embezzlement that led to a sentence of 18 years in prison, his lawyers ...
The Latest Launches From Chubb and OneBeacon
Chubb is now offering new personal cyber protection coverage meant to go with one of its primary homeowners policies. A unit of OneBeacon Insurance Group rolled out coverage designed to tackle life ...
Should AmTrust Go Private at the June 4 Shareholder Vote? Both Sides Weigh In
Supporters and opponents of AmTrust Financial Services' bid to go private are making their case before the proposal goes before stockholders for a vote in just a couple of days. On May 29, AmTrust ...
Allianz Invests in Africa Re, Continuing an Africa Expansion
Germany's Allianz Group will acquire an 8 percent stake in Africa's largest reinsurer, Africa Re, in a cash deal worth $81 million. The deal makes Allianz one of Africa Re's largest shareholders and ...
European Insurers Battling Regulation Avoid Pricy U.S. Treasuries
U.S. Treasuries need to get a lot cheaper to attract some European investors. Even with yields at multi-year highs, Treasuries are paying less than their pricier German peers when European insurers ...
Tougher No-Deal Brexit In the Cards If Talks With EU Fail
The European Union is weighing a much stronger warning on the risk of Brexit talks collapsing without a deal if the U.K. fails to lay out its position in more detail next month, said a person ...
5 Years in Prison for Canadian Who Helped Yahoo Email Hackers
A Canadian accused of helping Russian intelligence agents break into email accounts as part of a massive 2014 data breach at Yahoo was sentenced to five years in prison on Tuesday and ordered to pay ...