Earthquake of 7.5 strikes Philippines, tsunami warnings in Philippines and Japan

Earthquake of 7.5 strikes Philippines, tsunami warnings in Philippines and Japan

[1/5]People gather, in the aftermath of an earthquake, in Hinatuan, Surigao del Sur, Philippines December 2, 2023. Hinatuan LGU/Handout via REUTERS Acquire Licensing Rights Dec 2 (Reuters) – An earthquake of at least magnitude 7.5 struck Mindanao in the southern Philippines late on Saturday, triggering evacuation orders for some areas of the country and for … Read more

‘Vote of confidence’: UK hails $37 billion of foreign investment

‘Vote of confidence’: UK hails $37 billion of foreign investment

FDI gathering held at 16th century palace Sunak hails investment, holds off on subsidy push Britain has slipped in FDI rankings HAMPTON COURT, England, Nov 27 (Reuters) – Prime Minister Rishi Sunak announced 29.5 billion pounds ($36.8 billion) of private sector investment in Britain at a gathering of global executives on Monday aimed at catapulting … Read more

Dutch insurer Aegon raises capital generation target on US strength

Dutch insurer Aegon raises capital generation target on US strength

The head office of Dutch financial insurance company Aegon is seen in The Hague, October 28, 2008. Dutch insurer Aegon tapped into government funding on Tuesday, taking 3 billion euros ($3.7 billion) to strengthen its capital base eroded by investment losses and exposure to risky investments. REUTERS/Stringer/File Photo Acquire Licensing Rights Nov 16 (Reuters) – … Read more

For global banks, India could soon be worth it

For global banks, India could soon be worth it

A man walks out of the Bombay Stock Exchange (BSE) building in Mumbai, India, January 3 2020. REUTERS/Francis Mascarenhas Acquire Licensing Rights BENGALURU, Nov 7 (Reuters Breakingviews) – Global banks’ CEOs have descended on Hong Kong for a financial leaders summit hosted by the city’s monetary authority but investment bankers based in the hub are … Read more

Exclusive: Cigna explores shedding Medicare Advantage business -sources

Exclusive: Cigna explores shedding Medicare Advantage business -sources

Signage for Cigna is pictured at a health facility in Queens, New York City, U.S., November 30, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing Rights NEW YORK, Nov 6 (Reuters) – U.S. health insurer Cigna Group (CI.N) is exploring the sale of its Medicare Advantage business, which manages government health insurance for people aged 65 and … Read more

Exclusive: US FDIC is probing former First Republic Bank directors and officers

Exclusive: US FDIC is probing former First Republic Bank directors and officers

Nov 1 (Reuters) – The Federal Deposit Insurance Corporation (FDIC) is investigating potential misconduct by executives and board members of First Republic Bank (FRCB.PK), raising the prospect of stiff penalties for the failed bank’s former bosses. “We can confirm a D&O probe into First Republic is taking place,” a spokesperson told Reuters on Wednesday, referring … Read more

Elevance raises 2023 profit forecast on easing fears over medical costs

Elevance raises 2023 profit forecast on easing fears over medical costs

Oct 18 (Reuters) – Health insurer Elevance Health (ELV.N) raised its annual adjusted profit outlook and beat Wall Street estimates for third-quarter profit on Wednesday, on the back of lower-than-expected medical costs, sending shares over 2% higher. Elevance, however, took a nearly $700 million charge due to job cuts and write-offs from some technology assets … Read more

UK air traffic meltdown ‘one in 15 million’ event

UK air traffic meltdown ‘one in 15 million’ event

Passengers awaiting news on cancelled or delayed flights at London Stansted Airport gesture as they discuss the situation on Monday, in Stansted, Britain August 28, 2023. REUTERS/Raphael Satter/File Photo Acquire Licensing Rights LONDON, Sept 6 (Reuters) – An air traffic meltdown in Britain was caused by a “one in 15 million” event, the boss of … Read more

Novo Nordisk launches weight-loss drug Wegovy in Britain

Novo Nordisk launches weight-loss drug Wegovy in Britain

A 0.25 mg injection pen of Novo Nordisk’s weight-loss drug Wegovy is shown in this photo illustration in Oslo, Norway, September 1, 2023. REUTERS/Victoria Klesty/Illustration/File Photo Acquire Licensing Rights Novo announces launch of Wegovy in the United Kingdom Novo says launch will be “controlled and limited” Drug to be available through specialist NHS scheme and … Read more

Franklin very powerful Category 4 hurricane -U.S. NHC

Franklin very powerful Category 4 hurricane -U.S. NHC

Aug 28 (Reuters) – Franklin is a very powerful category 4 hurricane that is causing life-threatening surf and rip currents along the coast of the southeast United States, the U.S. National Hurricane Center (NHC) said in its latest advisory on Monday. Franklin was located about 440 miles (710 km) west-southwest of Bermuda with maximum sustained … Read more