United States
China’s Anbang insurance to acquire US insurer Fidelity & Guaranty Life in a $1.6 B deal
Anbang Insurance Group Co. Ltd., a China-based leading global insurance group, has agreed to buy U.S. annuities and life insurance provider Fidelity & Guaranty Life (FGL) for about $1.57 billion in cash.
Blackberry returns with PRIV- the most secured Android smartphone?
Blackberry, a global leader in mobile communications, confirmed that its first ever smartphone powered by Android PRIV is now commercially available at AT&T retailers in North America including carrier partners in Canada i.e. Bell, Rogers, SeskTel, Tellus and Wind.
Banana Republic sales drop hits Gap Inc's stock on Wall Street
The Gap Inc (Gap Inc) share fell over five percent to $27.69 and later rebounded to $28.45 a share on funds buying support on New York Stock Exchange (NYSE).
Ford to invest $9B in US plants
As part of the labor agreement, the US automobile major Ford has decided to invest $9 billion in plants located in North America. Similarly, General Motors (GM) has also assured the labor union on investment of $1.9 billion and Fiat Chrysler to invest $5.3 billion as part of the contracts signed with the labor union.