Catastrophe losses double at Travelers as insurance industry, states hit by more severe events

Travelers, considered a bellwether for the insurance industry due to its size, said catastrophe losses doubled in its most recent quarter and the company swung to a loss as severe wind and hail storms in a number of regions led to rising coverage claims

2023-07-20 23:46

Alibaba shares dive more than 7% after cloud service called off

Shares in Chinese e-commerce titan Alibaba tanked more than seven percent at the Hong Kong open Friday after the firm's surprise decision to call off part of its high-profile restructuring...

2023-11-17 10:23

European Union and New Zealand sign free trade deal that's expected to boost trade by up to 30%

The European Union has signed a free trade agreement with New Zealand that the two sides expect will increase bilateral trade by up to 30% within a decade

2023-07-10 21:29

Malaysia’s Anwar Wins Breathing Space as Polls Return Status Quo

Malaysia’s ruling coalition held on to three of six states contested in provincial elections Saturday, providing Prime Minister

2023-08-13 13:27

Evergrande's woes deepen after police detain staff at its wealth management unit

Chinese police have detained some staff of Evergrande's wealth management unit after the company failed to repay investors, in the first criminal probe launched against the embattled property developer since it was hit by a massive debt crisis in late 2021.

2023-09-18 16:25

Lyft is killing surge pricing to siphon off Uber customers

Lyft is slowly killing off surge pricing in an attempt to draw-in more customers. The

2023-08-09 22:49

KKR Appoints Kimberly A. Ross as New Independent Director

NEW YORK--(BUSINESS WIRE)--Sep 25, 2023--

2023-09-26 04:55

Greek rivals launch final push before Sunday election

Greece's outgoing conservative Prime Minister Kyriakos Mitsotakis and leftist challenger Alexis Tsipras will make a final push for votes at closing rallies on Friday ahead of the most...

2023-05-19 18:57

China Evergrande to delay creditors' meetings amid fresh restructuring plan

Embattled property developer China Evergrande Group on Wednesday resolved to delay its meetings for the Hong Kong CEG

2023-08-16 19:50

Supreme Court ruling brings bitterness for borrowers counting on student loan forgiveness

For borrowers around the country, the Supreme Court ruling that struck down President Joe Biden's student loan cancellation plan has brought bitterness and frustration

2023-07-01 03:21

South Korea exports fall for 11th month, but at milder pace

By Jihoon Lee SEOUL (Reuters) -South Korean exports fell for an 11th consecutive month in August versus a year earlier,

2023-09-01 09:27

More cargo ships from Ukraine use a civilian corridor despite Russian threats

Two cargo vessels have left Ukraine despite Russian threats and are in the Black Sea, maritime officials said Saturday

2023-09-02 20:58