Insurers heavily exposed to climate change, global watchdog says

[ad_1] LONDON, Dec 6 (Reuters) – Insurers are heavily exposed to the impact of climate change and also face risk from their alternative investments in reinsurance, the International Association of…

Evergrande liquidation hearing pushed to Jan, focus on new debt revamp plan

[ad_1] HONG KONG, Dec 4 (Reuters) – China Evergrande Group (3333.HK) on Monday said it has been granted an adjournment of a court hearing into a liquidation petition to Jan.…

Germany’s Kuehne examines offer for Signa’s Hamburg skyscraper, Handelsblatt reports

[ad_1] View of the construction site of the Elbtower building, owned by Rene Benko’s Signa and a Commerzbank subsidiary, in Hamburg Germany, November 2, 2023. REUTERS/Fabian Bimmer/File Photo Acquire Licensing…

PNC sees growth opportunity in capital-led market disruptions

[ad_1] PNC Financial Services Group President and CEO William Demchak testifies during a U.S. House Financial Services Committee hearing titled “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks”…

Auchan, Intermarche in buying alliance talks with eyes on Casino’s French stores

[ad_1] A logo of French retailer?Casino?is pictured outside a?Casino?supermarket in Sainte-Hermine, France, December 4, 2023. REUTERS/Stephane Mahe Acquire Licensing Rights PARIS, Dec 5 (Reuters) – Auchan and Intermarche are in…

Jana Partners calls for strategic review, possible sale at Frontier Communications -letter

[ad_1] Small toy figures with laptops and smartphones are seen in front of displayed Frontier Communications logo, in this illustration taken December 5, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights…

SocGen issues 10-mln-euro digital green bond on a public blockchain

[ad_1] A logo of French bank Societe Generale is seen on the company’s skyscraper at the financial and business district of La Defense near Paris, France September 14, 2023. REUTERS/Gonzalo…

Lawyer of fugitive Wirecard executive called to testify in court

[ad_1] The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany, September 22, 2020. REUTERS/Michael…

Norway sovereign wealth fund to co-lead class action in SVB bankruptcy

[ad_1] Silicon Valley Bank (SVB) logo is seen through broken glass in this picture illustration taken March 16, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights OSLO, Dec 1 (Reuters) –…

South Africa throws troubled Transnet $2.5 bln lifeline

[ad_1] Container ships are seen outside the harbour as workers at South Africa’s state-owned logistics firm Transnet continue to protest outside the Port of Cape Town on their nationwide strike…