Foreign insurers taking cautious look at Iran after nuclear deal
LONDON/SYDNEY (Reuters) – Western and Middle East insurance specialists see Iran as an appealing $8 billion (£5 billion) market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Tehran will be lifted means they are treating the country with caution.
Foreign insurers taking cautious look at Iran after nuclear deal
LONDON/SYDNEY (Reuters) – Western and Middle East insurance specialists see Iran as an appealing $8 billion (£5 billion) market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Tehran will be lifted means they are treating the country with caution.
India’s reforms target labor anarchy, but too late for some
NEW DELHI (Reuters) – Last month, hundreds of workers went on the rampage at a factory belonging to garment exporter Orient Craft, torching vehicles and smashing windows in the gritty industrial fringes of Gurgaon, a Delhi satellite city.
Greek bailout talks pushed back by a few days on logistics: official
ATHENS (Reuters) – Talks between Greece and its international creditors over a new bailout package will be delayed by a couple of days because of organizational issues, a finance ministry official said on Saturday.
Teva nears deal for Allergan’s generic drugs unit: source
(Reuters) – Teva Pharmaceutical Industries Ltd is in advanced talks to buy Allergan Plc’s generic drug business following a thus far unsuccessful effort to acquire peer Mylan NV , according to a person familiar with the matter.
Teva in talks to buy Allergan big generic-drug unit: WSJ
(Reuters) – Israeli drug maker Teva Pharmaceutical Industries Ltd is in talks to combine with Allergan Plc’s big generic-drug business, the Wall Street Journal reported on Saturday, citing people familiar with the matter.
Greek bailout talks pushed back by a few days on logistics-official
ATHENS (Reuters) – Talks between Greece and its international creditors over a new bailout package will be delayed by a couple of days because of organizational issues, a finance ministry official said on Saturday.
Pearson says in talks to sell its 50 percent stake in The Economist
LONDON/MILAN (Reuters) – Britain’s Pearson is in talks to sell its 50 percent stake in The Economist to the other shareholders of the weekly newspaper, with one, Italy’s Agnelli family, confirming it wants to increase its stake.
German regulator says ex-Deutsche Bank CEO did not lie on Libor: FT
FRANKFURT (Reuters) – Germany’s financial watchdog Bafin has cleared Deutsche Bank’s former co-chief executive Anshu Jain of lying to the Bundesbank during investigations into interest rate manipulation, the Financial Times reported on Saturday.
Verizon wireline workers authorize strike amid contract negotiations
NEW YORK (Reuters) – Verizon Communication Inc’s wireline unit workers on the U.S. East Coast have voted to go on strike, if needed, amid contract negotiations, the unions representing them said on Saturday.
