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Foresea Life Insurance and other insurers are tapping massive amounts of cash raised from sales of newfangled investments to take big stakes in other Chinese companies and to fund international expansion.
MEXICO CITY, June 27 (Reuters) - Mexico's antitrust watchdog said on Tuesday that it has given approval to DuPont and Dow Chemical Co to merge on the condition that they sell certain crop protection products and other assets.
* Air Products to supply SMIC's capacity expansion project in Tianjin, China
Germany-based Capnamic Ventures, an early-stage venture firm, has closed its tech fund at 115 million euros. The firm will make individual investments between 500,000 euros and 3 million euros in early-stage tech companies. The fund's investors...
(Reuters) - Wells Fargo & Co said on Tuesday it agreed to sell its commercial insurance business to private insurer USI Insurance Services, as the third-largest U.S. bank plans to focus on core banking products and services.
June 27- Wells Fargo& Co said on Tuesday it agreed to sell its commercial insurance business to private insurer USI Insurance Services, as the third-largest U.S. bank plans to focus on core banking products and services. Wells Fargo has doubled its...
BRASILIA, June 26 (Reuters) - A China-sponsored, $20 billion fund is ready to receive investment pitches, the Planning Ministry's foreign affairs secretary, Jorge Arbache, told journalists on Monday.
OLYMPIA, Wash. (AP) - Insurance Commissioner Mike Kreidler says that two insurers have agreed to offer plans next year in Klickitat County. Kreidler said Monday that Molina Healthcare of Washington and BridgeSpan Health Company will offer plans...
The 2017 Benzinga Global Fintech Awards saw some of the most innovative companies in fintech show off their products to high-profile financial executives and fintech leaders. Here, we’re sharing the fintech insights and new products on display at...
AP Photo/Mark LennihanRobert Soros, the eldest son of George Soros, is stepping down as deputy chairman and president of Soros Fund Management.Soros, 53, who will remain an owner at the firm, will set up Soros Capital to look at illiquid investments,...
Aphea.Bio, a Belgian developer of sustainable agricultural products, has raised 9 million euros in Series A funding. V-Bio Ventures led the round with participation from other investors that included PMV, Agri Investment Fund, VIVES LOUVAIN...
HONG KONG, June 26 (Reuters) - China Southern Airlines said on Monday it will raise up to 12.7 billion yuan ($1.9 billion) in a private sale of new shares to fund the purchase of aeroplanes and replenish working capital.
European stocks stage broad gains on Monday, lifted by Italian banks after Rome stepped in to shut down two failed lenders and as Nestlé rallies after a hedge fund snaps up a major stake in the consumer-products giant.
By Rick Kahler via Iris.xyz If it weren’t already hard enough to understand whose side your financial advisor is on, it got more complicated on June 9, 2017. As of that date, all financial advisors who sell products are required to forego any...
Taking a retirement account distribution typically involves selling some stocks or bonds. However, it's possible to get income from your investments without losing the investment.
DENVER (AP) - Colorado's public employee pension fund netted a 7.3 percent return on its investments last year, according to its annual report. But while the Public Employees' Retirement Association earned $3 billion in 2016, its unfunded liabilities...
BRUSSELS (Reuters) - German Chancellor Angela Merkel warned U.S. President Donald Trump on Friday that Europe would react in kind if the United States did not play fair in trade, while EU leaders also agreed to consider screening investments by...
(Adds details on mutual funds and ETFs, analyst quote, table, byline) By Trevor Hunnicutt NEW YORK, June 22 (Reuters) - Investors pulled back from U.S.-based stock funds after pouring the most cash into those investments since February the...
Asian markets look set to open mixed after the sell-off in China markets and as oil prices advanced off lows overnight.
Share prices of specialty athletic retailers Foot Locker, Dick’s, and Finish Line fell on June 21 after an announcement that Nike might sell products directly on Amazon.
Two SigmaAdd David Siegel, co-founder of $45 billion hedge fund Two Sigma Investments, to the list of those warning against protectionism. In an op-ed on LinkedIn, Siegel recites a recent trip to an Abu Dhabi camel farm, which he...