Lloyd’s direct unit in China to be operational by Q3. LLOYD’S expects its newly licensed Chinese direct insurance operation to be writing business by the third quarter of this year. But although several Lloyd’s participants have expressed an ...
March 31st, 2011 | Posted in Insurance | Comments Off
Protest, uprising and conflict – MENA in turmoil. ON December 17, 2010 unemployed street vendor Mohamed Bouazizi set fire to himself outside a local government office in Sidi Bouzid, Tunisia, starting a wave of unrest which is sweeping across the ...
March 31st, 2011 | Posted in Insurance | Comments Off
Reuters - The wealthy Texas brothers Samuel and Charles Wyly on Thursday lost their bid to dismiss a U.S. Securities and Exchange Commission lawsuit accusing them of orchestrating a $550 million securities fraud and committing insider trading.
March 31st, 2011 | Posted in Market News, us | Comments Off
AP - Stocks were mixed Thursday as the price of oil jumped to a 30-month high. Slightly disappointing reports on unemployment claims and factory orders also weighed on the market. The Dow Jones industrial average still closed its best start to the year since 1999, rising 6.4 percent in the first three months.
March 31st, 2011 | Posted in Business, Market News | Comments Off
Reuters - Raj Rajaratnam did not pick stocks alone. He had a team of researchers at his Galleon Group hedge fund to grind through the rumor mill and anticipate a good bet.
March 31st, 2011 | Posted in Business, Market News | Comments Off
