Direct Line Insurance Group gained profits after lower claims mitigated offset placements. The United Kingdom's largest insurance provider for homes and automobiles, Direct Line Insurance Group, said that weather events in the country prevented the lowering of investment returns.
Archives
RSA unfazed by Canada floods, unstable investments
RSA's shares gained ground today after losing due to bad weather conditions in Canada. Shares of RSA Insurance Group gained momentum today after stumbling from its 33% dividend slash early this year.
Executives see signs of turnaround as Sony report US$35 million earnings
The executives of Sony said that their electronics enterprise showed signs of rebound after posting US$35 million profit.
Telecom Italia chairman says price war is unsustainable
Telecom Italia's chairman Franco Bernabe said that price was unsustainable and an alliance was likely to happen.
Ronin Solutions is acquired by PureCars
PureCars bought Ronin Solutions and augments its SmartAdvertising Program. Ronin Solutions was bought by PureCars for an undisclosed amount. The latter, which offers products and services to help automotive dealers improve their business, was featured in the June 2013 edition of Digital Dealer.
Latest News
Two confirmed cases of cyclospora in Louisiana were confirmed and now the disease could become an outbreak.
Five investment projects were approved by Malaysia's National Key Economic Area today. Five new projects in Malaysia with a total investment value of RM388.
Thoma Bravo completed its purchase of Intuit Financial Services to recreate Digital Insight. Private equity firm Thoma Bravo announced the completion of its purchase of Intuit Financial Services.
Reuters said that Apple CEO Tim Cook and China Mobile chairman Xi Guohua recently met to talk about "matters of cooperation."
Analysts said that China Mobile would play a huge part in China's explosive mobile growth which would allow investors to continuously gain profit.
H&M finally launched its online store after its 13-year stay in the country. H&M, a Swedish fashion retailer, finally launched its own e-commerce site August 1.
The managed assets of the largest publicly-traded hedge fund in the world shrunk by as much as USD 52 billion in the first half.
According to Singapore's GIC, China's credit crunch will have great effects on many economies worldwide.
Thomson & Reuters data revealed 2013 to be a weak year so far for international mergers and acquisitions.
