International
PwC Gobbles up Booz & Co as Big 4 Rebuild in Consulting
PricewaterhouseCoopers said on Wednesday it agreed to buy Booz & Co., ratcheting up an aggressive move by large audit firms back into the lucrative consulting business more than 10 years after ...
Obama to Announce Effort to Lure Foreign Businesses To U.S.
President Barack Obama is to tout investment opportunities on Thursday when he announces Washington is expanding its efforts to entice foreign firms to bring jobs to the United States, administration ...
Toyota Settles Acceleration Case After $3M Verdict
Toyota Motor Corp. reached a deal last Friday to resolve a lawsuit in the United States over unintended acceleration issues, one day after a jury found the Japanese carmaker liable and ordered it to ...
Hyperion Group’s DUAL of London to Acquire PGI Commercial in Florida
The London-based Hyperion Insurance Group, an international insurance intermediary, announced its intention to expand its underwriting agency business in the U.S. through the acquisition, by its ...
Could 2013 Be ‘Tipping Point’ in Cyber Risk Awareness?
Historians may look at the year 2013 as a "cyber tipping-point" -- the point at which businesses and governments finally realized the severity of the threats they were facing, according to Advisen, a ...
Jury Finds Toyota Liable in First Unintended Acceleration Crash Trial
Toyota Motor Corp. has been found liable in an unintended acceleration lawsuit in the U.S., one of the first such cases to go to trial since the Japanese carmaker began recalling millions of vehicles ...
China to Remain Centerpiece of Asia Expansion for Munich Re
Munich Re, the world's biggest reinsurer, said China will remain its biggest growth market in Asia as it considers countries such as India too unpredictable to step up investment. "Our biggest ...
AIG Hires XL Group’s Maag as CEO of Europe, Middle East
American International Group Inc. hired Seraina Maag from XL Group Plc to run the Europe, Middle East and Africa region as Chief Executive Officer Robert Benmosche reshapes the insurer's leadership. ...