Posted at 11:50h
in
News
by KMFSLLP
Insurer American International Group Inc
on Thursday reported a quarterly profit compared to a
year-earlier loss, helped by smaller catastrophe losses and
improved underwriting in its general insurance business.
...
Posted at 11:45h
in
News
by KMFSLLP
Banks should restore their
customer confidence "as soon as possible" to overcome damage to
their reputations associated with financial malpractice,
European Central Bank policymaker Pablo Hernandez de Cos said on
Thursday.
...
Posted at 11:14h
in
News
by KMFSLLP
Banco do Brasil SA
on Thursday reported a 20.3% rise in fourth-quarter profit
helped by higher consumer lending and lower tax expenses, with
the bank also saying it could achieve double-digit net income
growth in 2020.
Posted at 11:11h
in
News
by KMFSLLP
Companies that have spent
money on a major telecoms conference in Barcelona that has been
cancelled after mass withdrawals due to the coronavirus outbreak
cannot expect compensation under the organisers' standard
insurance, they said on Thursday.
Posted at 11:00h
in
News
by KMFSLLP
As an outside critic of the
Federal Reserve, conservative economist Judy Shelton has slammed
the central bank's massive $4.2 trillion balance sheet as
distorting financial markets and "largely benefiting people who
have hefty stock-market portfolios."
Posted at 11:00h
in
News
by KMFSLLP
Former U.S. senator Alan Simpson
summarized the argument well: seniors fighting Social Security
benefit cuts were nothing more than “greedy geezers” stealing
from young people “who are going to get gutted.” The Wyoming
Republican's memorable phrase from 2012 is a good example of the
colorful language of so-called intergenerational warfare...
Posted at 10:59h
in
News
by KMFSLLP
An earthquake of magnitude 6.9 struck
offshore 99 kilometers (62 miles) south-east of Russia's Kuril
Islands, the U.S. Geological Survey (USGS) said on Thursday.
...
Posted at 10:51h
in
News
by KMFSLLP
Sackings are first moves of a reshuffle widely expected to promote more women
...
Posted at 10:43h
in
News
by KMFSLLP
* H1 profit beat forecasts, CEO remains confident on China
(Recasts with CEO comments, updates share price)
...
Posted at 10:27h
in
News
by KMFSLLP
The Chinese province at the
epicentre of the coronavirus outbreak reported a record rise in
deaths and thousands more cases on Thursday under a new
diagnostic method, raising fresh questions about the scale of
the crisis.