Hints and tips:
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...To that end, Vietnam notched a handful of high-profile investments in 2020, from Pegatron, a supplier for Apple and Samsung, to LG Electronics, which relies on Vietnam for its vehicle and smartphone businesses...
...The Florida-based company, which also owns a small portfolio of retail property, has hired bankers and is expecting to receive initial bids in the next few weeks, according to people familiar with the matter...
...to try and deflate a property bubble....
...(Bloomberg) “Pfizer Inc, the Indian unit of U.S. drug maker Pfizer Inc, is to take over local affiliate Wyeth Ltd, they said on Saturday after their boards approved the deal....
...(Financial Times) Google, Samsung, Huawei sued over Nortel patents: “Rockstar, the consortium that bought the Nortel patents for $4.5 billion, sued Samsung Electronics, HTC Corp, Huawei and four other companies...
...Since markets reopened, shares in top US property and casualty insurers have lost only 0.2 per cent more than the benchmark S&P 500 index....
...and Fukoku Mutual Life Insurance are among the companies shortlisted to buy a minority stake in Indonesia’s Panin Life for about $200 million, sources said. http://reut.rs/UqGs3l China snubs Norway in...
...seventh day and oil advanced before a monthly U.S. jobs report and data this weekend on Chinese industrial production....
...HTC is partnering with Nvidia for the first time – using its Tegra 3 quad-core processor in its One X smartphone (it also unveiled a slimmer dual-core One S and a cheaper One V)....
...Chinese insurers were boosted by higher premium incomes with China Life, the country’s biggest insurer by market value, up 2.8 per cent at HK$18.96 and PICC Property Casualty, a non-life insurer, 3.4 per...
...tumbled 21 per cent to Y1,219 on Thursday and Hino Motors dropped 14 per cent to Y348 after both companies cut their full-year profit forecasts....
...Hynix Semiconductor rose 3 per cent to Won23,950 and LG Electronics added 4.2 per cent to Won103,500....
...Over the last year, we understand that a number of AIG’s 100,000+ employees have left A.I.G. to join the company’s direct competitors in the global property and casualty and life insurance businesses....
...In Sydney, Insurance Australia Group climbed 5 per cent to A$4.21 as speculation mounted that a bid for the company was imminent. IAG rejected a bid from QBE Insurance 19 months ago....
...In the technology sector, LG Electronics fell 2.3 per cent to Won105,500 but carmakers rallied after suffering big falls on Monday....
...AIG led US shares close to 14-month highs on Tuesday, after the company halted plans to sell its property-casualty unit....
..., as well as property and casualty insurers and pension funds....
...PICC Property and Casualty, China’s biggest non-life insurer, fell 4.4 per cent to HK$2.175 amid concerns about a delay to the release of the company’s results....
...He took control of Berkshire Hathaway, then a sleepy property-casualty insurer, in 1965 and proceeded to run it like a value-oriented hedge fund, taking either total ownership or substantial stakes in insurance...
...The approach was pitched at 90 pence a share in cash and was backed by U.S. private equity firm Veronis Suhler Stevenson....
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