NEW YORK: Aon Plc said on Monday (Mar 9) it would buy Willis Towers Watson Plc for nearly US$30 billion, in an all-stock deal which will make it the world's biggest insurance broker and give it more pricing power, but also attract regulatory scrutiny. The acquisition, the insurance sector's...
NEW YORK: Shares of US banks sharply underperformed the broader stock market on Monday (Mar 9) as investors bet tumbling interest rates would crush bank profits and worried about rising credit costs in the face of an economy spooked by coronavirus and plunging oil prices. Among the sector's ...
REUTERS: Amazon.com Inc has extended its work-from-home advisory to include employees in New York and New Jersey, the company said on Monday (Mar 9), as the world's largest online retailer and other corporations aim to lower the risk of coronavirus transmission among their ranks. "We continue to ...
LONDON: The move by banks to force Cineworld's top shareholder to refinance a loan without equity collateral is yet another sign of mounting stress in Europe's junk debt market as the coronavirus roils markets and businesses around the world. Global City Theatres - a proxy for CEO Moshe Greidinger...
The move by banks to force Cineworld's top shareholder to refinance a loan without equity collateral is yet another sign of mounting stress in Europe's junk debt market as the coronavirus roils markets and businesses around the world.
Amazon.com Inc has extended its work-from-home advisory to include employees in New York and New Jersey, the company said Monday, as the world's largest online retailer and other corporations aim to lower the risk of coronavirus transmission among their ranks.
Ethiopian investigators singled out faulty systems on a Boeing 737 MAX plane in an interim report on last year's Ethiopian Airlines crash that killed 157 people, piling pressure on the U.S. jetmaker on the eve of the disaster's anniversary.
Shares of U.S. banks sharply underperformed the broader stock market on Monday as investors bet tumbling interest rates would crush bank profits and worried about rising credit costs in the face of an economy spooked by coronavirus and plunging oil prices.
Global luxury brands including Gucci and Louis Vuitton are scaling back orders with Italian suppliers, as the spread of the coronavirus from key market China to major manufacturing hub Italy hits business across the sector, industry sources said.
Wall Street banks and brokers are in "robust" talks with regulators to secure rule-waivers that would allow thousands of traders to operate from home as the coronavirus spreads in New York, the chief executive of a top industry group told Reuters.
