Monthly Archive: April 2018

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Canopius picks up AXA underwriter

“Impressive experience” includes time with Goldman Sachs and Willis Life Insurance Blog

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Asian markets mostly higher in muted Easter holiday trading

TOKYO — Asian markets were mostly higher in muted trading Monday, as Hong Kong and Australian markets were closed for Easter, and Wall Street and other global markets have been closed for a long weekend after Good Friday. KEEPING SCORE: Japan’s benchmark Nikkei 225 added 0.5 per cent to 21,562.01 in morning trading, while South […]

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Japan survey shows corporate sentiment is worsening

TOKYO — A quarterly business outlook survey by Japan’s central bank shows corporate sentiment has worsened for the first time in two years. The Bank of Japan’s “tankan” index for large manufacturers, released Monday, was 24 in March, down two points from December. The forecast continued to be pessimistic with the index expected to fall […]

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FirstEnergy unit that runs power plants files for bankruptcy

AKRON, Ohio — A subsidiary that runs FirstEnergy Corp.’s nuclear and coal-fired power plants has filed for bankruptcy after the utility said earlier that it planned to close its three nuclear plants in Ohio and Pennsylvania. The move announced by FirstEnergy Solutions late Saturday signals the parent company’s plan to get out of the power […]

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Community fights over downtown demolition, revitalization

RENO, Nev. — A controversial demolition of a series of aging motels is proving to be a focal point in an evolving fight over downtown Reno’s future. Elected officials and some business owners hope for the revitalization of a part of town many people think is gross and scary, while historic preservationists fear an out-of-state […]

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China imposing new tariffs on US meat, fruit, other products

BEIJING — China said it’s rolling out new tariffs on meat, fruit and other products from the United States as retaliation against taxes approved by U.S. President Donald Trump on imported steel and aluminum. The Chinese finance ministry said in a statement that the new tariffs begin Monday. The announcement follows warnings Chinese officials have […]