A key piece of evidence collected by the official assignee of the estate of bankrupt developer Sean Dunne in relation to the €58m sale of a house on Dublin’s Shrewsbury Road must be disclosed to a Cypriot company that purported to once own the property, and a trust connected with billionaire financier Dermot Desmond, the […]
SINGAPORE – Singapore-based insurtech startup PAL Network has signed two memorandum of understanding (MOU) agreements with Toyota Tsusho Corporation (Toyota Tsusho) and Allianz Malaysia to develop proof-of-concept (POC) using its blockchain technology for new smart contract-based insurance products. Under one MOU, PAL Network will help facilitate underwriting and creation of new insurance products on smart […]
(Reuters) – Apple Inc (AAPL.O) is cutting planned production for its three new iPhone models by about 10 percent for the March quarter, the Nikkei Asian Review reported on Wednesday, a week after the company slashed its quarterly sales forecast. That rare step exposed weakening demand in China for Apple’s iPhones amid a slowing economy, […]
WASHINGTON (Reuters) – World Bank Group President Jim Yong Kim will join Global Infrastructure Partners (GIP), a private equity fund that invests in projects in wealthy and developing countries, the firm said on Tuesday, a day after Kim’s shock resignation from the bank. Kim, who joins New York-based GIP on Feb. 1 as a partner […]
Nearly £5.4 million was spent on "paupers’ funerals" by local authorities in the financial year 2017-18, a mutual insurer has found. The total cost of public health funerals across the UK in 2017-18 was £5,382,379, according to Royal London, which received responses from 275 local authorities to Freedom of Information (FOI) requests. Public health funerals, […]
CARACAS (Reuters) – Venezuela’s opposition-run congress on Tuesday issued a resolution calling deals between state-run oil company PDVSA [PDVSA.UL] and U.S. and French companies announced this week illegal, since they had not been sent to lawmakers for approval. The body said the oilfield deals with France’s Maurel & Prom (MAUP.PA) and little-known U.S. company Erepla […]
If you’re feeling the New Year pinch, a simple way to ease the burden for now is to move your debts to a 0% balance transfer credit card. These deals let you dodge interest on your debts for more than two years – although you will need to keep paying off some of the balance […]
(Reuters) – Shares of Union Pacific Corp (UNP.N) rose 8 percent in early trading on Tuesday after the No.1 U.S. railroad named here industry veteran Jim Vena as chief operating officer, prompting upgrades by several brokerages. Vena worked with the late Hunter Harrison, an industry expert who pioneered a strategy called “precision scheduling railroading” (PSR) […]
(Reuters) – Shares of Union Pacific Corp (UNP.N) rose 8 percent in early trading on Tuesday after the No.1 U.S. railroad named here industry veteran Jim Vena as chief operating officer, prompting upgrades by several brokerages. Vena worked with the late Hunter Harrison, an industry expert who pioneered a strategy called “precision scheduling railroading” (PSR) […]
(Reuters) – The clock may be fast running out on Sears Holdings Corp, but you wouldn’t know it from the company’s feisty posts on Twitter. As the company and its bankruptcy advisers prepare for a possible liquidation, the retailer has taken to social media to reassure the public that it is still around. “We are […]