LA fires impact on global reinsurers likely minimal, says Fitch Ratings
Investing.com — According to Fitch Ratings, the world’s leading reinsurers are expected to weather the financial impact from their exposure to the Los Angeles fires without significant damage to their finances. The ratings agency stated in a report that the
Citi discusses what lower energy prices would mean for European stocks
Investing.com – A potential fall in European gas prices could provide a tailwind to a number of industries in the region, according to analysts at Citi. In a note to clients, the analysts predicted that gas prices in Europe could halve through
Investcorp could consider listing in 3-5 years, eyes US retirement savings
By Divya Chowdhury and Hadeel Al Sayegh DAVOS, Switzerland (Reuters) – Investcorp could consider a public listing in the next three to five years, its vice chairman said on Friday, as the Middle East’s biggest alternative investment firm targets a doubling
Moderna secures tender to supply COVID-19 vaccine in EU, Norway, and North Macedonia
Investing.com — Moderna , Inc. (NASDAQ:MRNA) today confirmed that it has won a tender to supply its mRNA COVID-19 vaccine in the European Union (EU), Norway, and North Macedonia. The agreement, valid for up to four years, allows 17
SAIC Motor sees up to 90% drop in 2024 profits
Investing.com — SAIC Motor Corp., the Chinese collaborator of General Motors Co (NYSE:GM)., has announced that its preliminary profit for 2024 could see a drop as extreme as 90%. This drastic decline is attributed to a writedown of the American