During 2019, QBE’s net Australia-Pacific cost of catastrophe claims jumped to $193 million from $106 million the year before, led by unprecedented floods in Australia’s north east coast and horrendous bushfires across the country’s south east.
Parent company Port and Free Zone World, a wholly-owned subsidiary of state investment vehicle Dubai World, is to acquire the 19.55% of DP World’s shares listed on the Nasdaq Dubai.
NEW YORK/BEIJING (Reuters) – General Motors Co (N:GM) is retreating from more markets outside of the United States and China, saying on Sunday that it will wind down sales, design and engineering operations in Australia and New Zealand and retire the Holden brand by 2021.
The S&P BSE Sensex Index was little changed at 41,270.37 as of 9:43 a.m. in Mumbai after rising as much as 0.4% and falling as much as 0.3%. The NSE Nifty 50 Index was also flat after swinging between the same range.