Latest
Yahoo agrees to pay $50m in data breach damages
Yahoo has agreed to pay $50 million in a preliminary settlement of a US federal lawsuit stemming from a series of data breaches that...
CVS Aetna takeover signals US healthcare consolidation
America’s private health insurance system is rapidly becoming centralized. Shareholders approved drugstore giant CVS Health takeover of the insurance company Aetna Inc.
The $69 billion...
From the UK
New CII Public Trust Index reveals insurers top consumers’ confidence priorities
The Chartered Insurance Institute (CII) has launched a Public Trust Index that provides the industry with much needed insight into key measures of consumers’...
Aviva discloses how many claims it pays
Aviva apparently paid 96% of the claims it received in the United Kingdom in 2017. Data from the company’s UK claims reports indicates just...
In Europe
Deutsche Bank settles €4m ‘Cum-Ex’ fraud investigation
Deutsche Bank settled a €4 million fraud investigation with German public prosecutors for its role in helping clients carry out dubious tax deals, Bloomberg...
Moody’s downgrades Italy credit ratings on budget deficits concerns
Italy appears to be in the midst of another major financial crisis as Moody’s cut its credit ratings from “Baa2” to “Baa3”, one level...
Around the World
Deutsche Bank settles €4m ‘Cum-Ex’ fraud investigation
Deutsche Bank settled a €4 million fraud investigation with German public prosecutors for its role in helping clients carry out dubious tax deals, Bloomberg...
General Electric’s massive debts risk breaking it up
General Electric (GE), one of the most iconic names in American business, is cracking up because of debts. A company founded by Thomas Edison...
Technology
Airport biometrics take-off raises risky challenges ahead
Dubai-based carrier Emirates Airline has announced that it is currently preparing to launch what it has dubbed the world’s first ‘biometric path’, offering travellers...
Yahoo agrees to pay $50m in data breach damages
Yahoo has agreed to pay $50 million in a preliminary settlement of a US federal lawsuit stemming from a series of data breaches that...
