ACE to Buy Chubb for $28.3 Billion

Related Link: 

ACE agreed to buy fellow property-and-casualty insurer Chubb in a cash-and-stock deal valued at $28.3 billion, making the tie-up one of the biggest deals this year.

Bank of England Warns Greece Threatens Financial Stability

Related Link: 

The Bank of England said the outlook for financial stability in the U.K. has deteriorated in recent days as the crisis in Greece intensifies, underscoring how the Mediterranean nation’s debt troubles are reverberating outside the eurozone.

Samsung-Elliott Fight Will Go More Rounds

Related Link: 

Elliott Management’s loss in a Korean court isn’t the end of the road for Samsung C&T shareholders.

Bosses Reclassify Workers to Cut Costs

Related Link: 

As scrutiny into the relationship between businesses and independent contractors rises, employers find ways to take workers off the formal payroll and lower costs.

Donna Karan to Step Down as Chief Designer

Related Link: 

Donna Karan, one of the most influential shapers of contemporary American fashion, will step down as chief designer of her namesake company Donna Karan International.

ConAgra Plans to Exit Private Brands

Related Link: 

ConAgra Foods, under pressure from an activist investor, said it plans to jettison its struggling private-label business less than three years after spending $5 billion to buy it.

Deutsche Bank's New Co-CEO Delays Strategy Update

Related Link: 

Deutsche Bank’s incoming co-Chief Executive John Cryan postponed a detailed presentation of the giant German lender’s new strategy to the end of October.

Arrested Toyota Executive Resigns

Related Link: 

Toyota Motor managing officer Julie Hamp, who was arrested last month in Tokyo on suspicion of violating Japan’s drug laws, has resigned.

Stocks Shrug Off Greek Default

Related Link: 

European stocks rose in early trade, tracking gains in the U.S. and Asia, but moves are expected to be limited and trade thin, with investors wary ahead of this weekend’s Greek referendum.

Greece Defaults on IMF Loan

Related Link: 

Greece became the first advanced economy to default on loans from the IMF, despite Athens’s last-minute push for emergency aid.

Syndicate content