International
JPMorgan Hit by U.S. Bribery Probe into Chinese Hiring
U.S. authorities have opened an investigation into whether JPMorgan Chase & Co hired the children of powerful Chinese officials to help it win business in China, according to the New York Times. ...
Blackstone in Talks to Buy Stake in Goldman’s U.K. Insurer: Source
Blackstone Group LP, the world's biggest private-equity firm, is in talks to buy a stake in Goldman Sachs Group Inc.'s European insurance business, according to a person with direct knowledge of the ...
Hong Kong’s Li Eyes Ex-AIA Deputy as CEO for New Insurer
Hong Kong businessman Richard Li, the youngest son of Asia's richest man, will appoint a former top executive at AIA Group Ltd as the CEO of his new insurance company, according to people with direct ...
Magnitude 6.6 Earthquake Strikes Central New Zealand
A magnitude 6.6 earthquake struck central New Zealand today, shaking the capital city Wellington and sending the nation's currency down almost half a U.S. cent. The country's stock exchange was ...Ice Wall Idea Studied to Halt Radioactive Water in Japan
Turning soil into virtual permafrost with refrigerated coolant piped through the earth was first used in the 1860s to shore up coal mines. One hundred and fifty years on, it's the newest idea for ...
Samsung Sued by Brazil Prosecutor For Factory Working Conditions
Samsung Electronics Co. was sued by a Brazil public prosecutor who says workers at a company factory were subject to unsafe conditions, according to a statement on a government website. The Public ...
Allied World Europe Invests In London-Based MGA
Allied World Assurance Company Holdings, AG announced Wednesday that Allied World Assurance Holdings (Ireland) Ltd entered into an agreement with Gravity Underwriting Limited whereby Allied World ...
Zurich’s Hogan Rejoins AIG As Consumer Insurance CEO
American International Group has named Kevin Hogan as chief executive officer of AIG Global Consumer Insurance. Hogan, who previously had a 24-year career at AIG, is expected to formally rejoin AIG ...