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Allianz UK Sells Musical Insurance Portfolio to Howden

London, August 14, 2024 – Allianz UK has completed the sale of its musical insurance book to Howden, marking a significant transaction in the...

Brown & Brown Expands UK Presence with Acquisition of CI Group

London, August 13, 2024 – U.S.-based insurance brokerage Brown & Brown has completed the acquisition of CI Group, a prominent UK trade credit specialist,...

Fitch Downgrades Israel’s Credit Rating to A Amid Gaza War

Tel Aviv, August 13 – Rating agency Fitch downgraded Israel's credit rating from A+ to A on Tuesday, citing worsening geopolitical risks due to...

Japanese Stock Market Rebounds Strongly at the Start of the Week

Tokyo, August 13 – The key index of the Tokyo Stock Exchange, Nikkei 225, surged nearly 3.5% at the close of trading on Tuesday,...

Global Electric Vehicle Sales Rise by 21% in July

London, August 13 – Global sales of fully electric vehicles (EVs) and plug-in hybrid vehicles (PHEVs) increased by 21% year-on-year in July, driven by...

Unemployment in South Africa Surges Above 33%, Highest in Two Years

Pretoria, August 13 – Unemployment in South Africa rose above 33% in the second quarter, marking the highest level in the past two years....

Growth in U.S. Producer Prices Slows in July

Washington, August 13 – The growth in U.S. producer prices slowed in July 2024, indicating further cooling of inflationary pressures. This development brings the...

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