(MENAFN - AFP) British insurer Royal & Sun Alliance said Tuesday that it has received a Â£5.6-billion ($8.8-billion, 7.7-billion-euro) takeover approach from Swiss rival Zurich Insurance, sending its share price soaring.
RSA announced in a statement that Zurich has made an informal bid of 550 pence per share, adding that the pair are now in talks.
(MENAFN - AFP) The German economy, Europe's biggest, stands rock solid in the current stormy global economic seas, with growth picking up, confidence on the rise and its public finances firmly in the black, data showed on Tuesday.
While the slowing Chinese economy triggers panic in the world's stock markets and conjures up the spectre of a new global financial crisis, German ...
(MENAFN - AFP) How to define Nazi-era "loot" is central to what could prove a touchy book launched on Tuesday on the controversy surrounding one of Europe's most prestigious private art collections, the impressionist works acquired by E.G. Buehrle.
The late industrialist amassed a fortune selling weapons to both the Nazis and the Allies during World War II, wealth that helped ...
(MENAFN - AFP) Sierra Leone's last known Ebola patient was released from hospital Monday, raising hopes the west African nation may finally have beaten the devastating epidemic.
President Ernest Bai Koroma hailed "the beginning of the end of Ebola in Sierra Leone" as Adama Sankoh, 34, was released from hospital in Makeni, the country's third-largest city, in a festive ceremony.