The World Trade Organization in Geneva announced that it was postponing meetings on China’s admission to the world body until next week as a result of the terrorist attacks on the U.S. Informal talks, concentrating on resolving the differences between …
If all goes according to plan in Geneva China’s bid to join the World Trade Organization will be officially accepted next Thursday, September 13th, after 14 years of negotiations. Taiwan is scheduled for admission the following day. The next step …
Lloyd’s of London yesterday confirmed previously published reports that it would have losses exceeding $3 billion for the years 1998-99 with a projected loss in 1999 of nearly $2 billion. 2000 figures are expected to show some improvement with losses …
China has welcomed the GAB Robins Group of Companies, a provider of independent loss adjusting and investigative services, to Beijing. GAB Robins is the first foreign independent loss-adjusting firm established with total support from the Chinese government. According to GAB …
The Prudential Insurance Company of America announced a new name: Prudential Financial. The name change reflects the company’s evolution from an insurance company focused solely on protection to a company involved in diverse financial services, including insurance, investments and asset …
Charlotte N.C-based Transamerica Reinsurance, a division of the Transamerica Group, which is a subsidiary of Holland’s AEGON Insurance Group, announced that it had officially opened its new Head Office for Asia in Hong Kong. “This head office will provide oversight, …
The Prudential Insurance Co. of America has reportedly offered to invest at least 150 billion Yen ($1.3 billion) to bail out failed Japanese insurer Kyoei Life. It also announced that its Taiwan operations have become a financially independent subsidiary. Prudential’s …
A spokesman for Singapore Airlines admitted that the company’s L.A.-bound 747 which crashed and burned on takeoff from Taiwan’s Taipei airport during a violent storm was apparently on a runway that had been closed for repairs. It most likely collided …
A spokesman for Singapore Airlines admitted that the company’s L.A. bound 747 which crashed and burned on takeoff from Taiwan’s Taipei airport during a violent storm last Monday, was apparently on a runway that had been closed for repairs, and …
A Singapore Airlines 747, bound for Los Angeles from Taiwan with 179 people on board, apparently hit an object on the runway while taking off in a fierce windstorm and burst into flames killing a reported 78 people. 47 Americans …
