Hungary should boost domestic ownership in more key sectors in addition to banking, media and energy, a cabinet minister-designate said on Wednesday, signaling more pressure on foreign companies to scale back their presence in the country. Prime Minister Viktor Orban, …
Germany’s Allianz has agreed to pay about $6 billion and its U.S. asset management unit will plead guilty to fraud after a group of its multibillion investment funds collapsed amid market turmoil triggered by the coronavirus pandemic in 2020. Here …
Assicurazioni Generali beat expectations in the first quarter even as impairments on Russia drove net profit lower, a boost for CEO Philippe Donnet who last month won a shareholder battle to keep his job for another three years. Italy’s biggest …
Brookfield Asset Management Inc. agreed to buy emergency household repairs provider HomeServe Plc in a deal valuing the company at £4.1 billion ($5 billion), one of the UK’s largest take-private transactions this year. Investors will get 1,200 pence for each …
Brokerslink has added six technology firms as members – the first non-broking or risk consulting firms to join the global network since its creation in 2004. These “B.tech affiliates” signal the network’s intent to enter a new era of digitalization, …
Rhode Island lawmakers unveiled changes Tuesday to a bill to legalize and regulate recreational marijuana, revisions that aim to ensure the legislation passes the state’s General Assembly. The amended bill was released Tuesday in advance of committee votes scheduled for …
WORCESTER, Mass. (AP) —The number of people who died in a fire at a Massachusetts apartment building last weekend has climbed to four with the discovery of two more bodies on Monday, fire officials said. The search of the three-story, …
Delaware Governor John Carney has signed legislation creating a statewide paid family and medical leave insurance program. Under the new law, eligible Delaware workers can get up to 12 weeks of paid leave to address a worker’s own or family …
Ford Motor Company said Thursday it was recalling 39,000 SUVs after reports of 16 fires, and has advised owners to park their vehicles outdoors and away from structures until a fix is completed. The recall, which covers some 2021 model …
The Archdiocese of Santa Fe in New Mexico entered into an agreement of terms to settle its Chapter 11 reorganization case. “The Church takes very seriously its responsibility to see the survivors of sexual abuse are justly compensated for the …