Security law will not stop us doing business in Hong Kong, says Prudential

Prudential is headquartered in London but does no business in the UK. The insurer focuses only on Asia and Africa following a restructuring that spun off its UK and European investment division M ... Read More

Prudential sees ‘early progress’ in growth strategy as profits rise

The London and Hong Kong-listed firm said its financial performance was also bolstered by its Eastspring investment management business and cost reductions. Prudential ... share, up 9% year ... Read More

Business insolvencies in Europe: Diverging trends

Our Western Europe business ... In most countries, the business insolvencies level is now higher than it was before the pandemic. This has been the case since 2022 for the UK and Sweden, which ... Read More

Prudential's Asian life business beats expectations with $3.1b NBP

Prudential's Asian life business surpassed expectations with new business profits (NBP) reaching $3.1b, 6.4% ahead of consensus, according to Jefferies Equity Research report. Read More

Pro7 Board Rejects Berlusconi Family Plan to Split Up German Broadcaster

MFE’s proposals would have seen ProSieben spin off its Dating & Video and Commerce ... trigger an automatic takeover offer under German business law. There is widespread speculation that ... Read More

Gamma Communications hikes dividend and kicks off buyback as chief hails European business growth

Gamma Communications has hiked its dividend and kicked off a £35m share buyback after a strong performance from its European business drove up profit and revenue. The firm increased its dividend ... Read More

Unilever to cut 7,500 jobs, spin off ice cream unit

Unilever announced Tuesday it is laying off thousands of workers worldwide and plans to spin ... top business stories of the week, plus CEO interviews, market updates, tech and money news that ... Read More

Masimo (MASI) Plans Consumer Business Spin-Off to Drive Growth

Masimo expects the spin-off of its consumer business to help improve the profitability of the healthcare business, which includes noninvasive monitoring products for patients in hospitals. Read More

Boston News

Skyhawk’s latest biopharma collaboration is worth up to $1.8B © 2024 American City Business Journals. All rights reserved. Use of and/or registration on any ... Read More

Strictly star Adam Peaty’s ex-girlfriend suggests show’s ‘curse’ led to break-up

The ex-girlfriend of a former Strictly Come Dancing contestant has suggested the show’s “curse” caused their break-up. Munro, who has a three-year-old son with Peaty, broke up with the ... Read More

Unilever to spin off ice cream business, cut 7,500 jobs for cost savings

About 5.9% of global workforce to be cut to slash costs Ice cream unit to be spun off ... up 3% by 1100 GMT. The stock has dropped 5.8% over the past year. "(Ice cream) has been quite a volatile ... Read More