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Vehicles sitting in traffic approach the Blackwall Tunnel, as Britain will ban the sale of new petrol and diesel cars and vans from 2030, five years earlier than previously planned, in London, Britain, November 18, 2020.

British motor premiums see modest rise in first quarter of 2024

Reuters |Updated 2 hours ago |1 min read

(Reuters) - The cost of car insurance in the UK rose 1% in the first quarter, a survey showed on Monday, indicating an easing in the rise of premium seen last year. The data from the Association of British Insurers' (ABI) Motor Insurance Tracker ...

A woman using a mobile phone walks behind a Singtel signage at their head office in Singapore February 11, 2016.

Singtel sees $2.3 billion impairment hit, net loss in 2024 second-half

Reuters |Updated 1 hour ago |2 min read

(Reuters) -Singapore Telecommunications on Monday forecast non-cash impairment provisions of S$3.1 billion ($2.28 billion) for second-half of 2024 which would lead to the telecom giant reporting a net loss for the period. The company also warned ...

A man walks past the AIA Central in Hong Kong's financial district February 25, 2011.

Insurer AIA's Q1 new business value rises 31%, announces $2 billion buyback

Reuters |Updated 1 hour ago |1 min read

(Reuters) -Hong Kong-based insurer AIA Group on Monday posted a 31% rise in its first-quarter value of new business (VONB) on a constant exchange currency basis helped by strong performance across segments, and announced an additional $2 billion ...

Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023.

Morning bid: Helter-skelter yen, US tech tonic

Jamie McGeever |Updated 2 hours ago |3 min read

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asian stocks should open on Monday buoyed by Friday's tech-led surge on Wall Street, while investors will be scrambling to make sense of the latest twist in the Japanese ...

Workers talk on their mobile phones, as a Maersk container is transported by a train, near a port of Barcelona, Spain April 26, 2024.

Nigeria secures $600 million Maersk investment in seaport infrastructure

Reuters |Updated 4 hours ago |1 min read

ABUJA (Reuters) - Nigeria secured a $600 million investment in seaport infrastructure from Danish shipping company A.P. Moller-Maersk, the presidency said in a statement on Sunday. The investment was secured during a meeting between President ...

The logo of Deutsche Bank is seen in Brussels, Belgium December 6, 2022.

Deutsche Bank to assess options for possible Postbank settlement

Reuters |Updated 5 hours ago |1 min read

FRANKFURT (Reuters) - Deutsche Bank said on Sunday that it would "carefully assess" options for a possible settlement in litigation over its takeover of Postbank that has required it to make provision for claims of up to 1.3 billion euros ...

Cosmetic products displayed in the window of a L’Occitane cosmetics store in central Paris, France, February 6, 2024.

L'Occitane's billionaire owner close to possible $7 billion buyout bid, Bloomberg reports

Reuters |Updated 4 hours ago |1 min read

(Reuters) -The billionaire owner of L'Occitane International is close to making a proposal to take the French skincare firm private as early as Monday in a deal that could value it at about $7 billion including debt, Bloomberg News reported. Chairman ...

A Hyundai logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024.

Hyundai Motor, Kia Corp sign agreement with China's Baidu on connected car technology

Reuters |Updated 16 hours ago |1 min read

SEOUL (Reuters) - Hyundai Motor and Kia Corp on Sunday said the companies have signed a memorandum of understanding (MOU) with Baidu Inc to develop technologies for connected cars. (Reporting by Cynthia Kim; Editing by Tom Hogue)

The company logo of China International Capital Corporation Ltd (CICC), China’s first joint venture investment bank, is displayed at a news conference at the company's annual results in Hong Kong on March 30, 2016.

Exclusive-Chinese brokerage CICC cutting dealmakers' base pay by 25%, sources say

Julie Zhu, Selena Li |Updated 17 hours ago |3 min read

By Selena Li and Julie Zhu HONG KONG/SHANGHAI (Reuters) - China International Capital Corp (CICC) is cutting the base pay of onshore investment bankers by as much as 25%, three sources said, in a major effort to reduce costs amid volatile ...

Bangkok's skyline is photographed during sunset in Bangkok, Thailand, July 3, 2023.

Thai ex-executive Pichai named finance minister, faces growth challenge

Orathai Sriring |Updated 20 hours ago |2 min read

By Orathai Sriring BANGKOK (Reuters) - Thai former energy executive Pichai Chunhavajira was named the country's finance minister on Sunday, facing a tough task to revive Southeast Asia's second-largest economy. Pichai, 75, an adviser to Prime ...

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