There have been some interesting movements in insurance in the last week or so, most notably the impending purchase of AIG's Asian business by British giant Prudential. Counting the Cost looks at the impact this news has had on Prudential's share price. Plus, why the slogan "the car in front is a Toyota" really could not be truer in Middle East.
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Part 2
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WASHINGTON (AP) -- Retail sales posted a surprising increase in February as consumers did not let major snowstorms stop them from storming the malls. The advance, the biggest since November, provided hope that the recovery from the Great Recession is gaining momentum....
BERLIN (AP) -- Utility Vattenfall AB says it is selling its German electricity transmission grid to Belgian operator Elia and Australia's Industry Funds Management in a deal worth euro810 million ($1.1 billion)....
NEW YORK (Reuters) - Private equity firm Kohlberg Kravis Roberts & Co has filed to list its shares on the New York Stock Exchange, moving forward with its two-year effort to become a publicly traded company.
OSLO (Reuters) - Norwegian fertilizer group Yara International ASA shied away from raising its offer for Terra Industries Inc to top a rival bid, boosting its shares on Friday but scuppering U.S. expansion plans.
WASHINGTON (Reuters) - Sales at U.S. retailers rose unexpectedly in February despite a drop in vehicle purchases and inclement weather that was expected to curtail shopping, according to a government report on Friday that bolstered hopes of a sustainable economic recovery.
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