Microsoft Corp. has made it clear that a deal to buy Yahoo Inc. isn’t likely. Now, Chief Executive Steve Ballmer must communicate a clear strategy for Microsoft’s online business.
His likely first step: try to convince regulators that an alternative pact between Yahoo and Google Inc. is anticompetitive.
During the past month, Mr. Ballmer and other Microsoft [...]
Apple Inc. Chief Executive Officer Steve Jobs delivered the first major makeover of the iPhone, unveiling a faster, cheaper handset that may help him convince business users to switch over from the BlackBerry.
Apple sank 2.2 percent in Nasdaq trading after saying carriers won’t have to give the company a cut of the lucrative monthly service [...]
Prudential Assurance Malaysia Bhd (PAMB) will focus on the development of wealth planners and beefing up its multi distribution channels in a move to push the company to the number one spot in the life insurance business.
Chief executive officer Bill Lisle said: â€We want to be the number one player but more importantly, the company [...]
Ping An, the Chinese insurer, dropped out of the running to buy Royal Bank of Scotland’s insurance business yesterday, leaving five potential buyers for the parent of Direct Line, Churchill and Privilege.
Ping An joined Warren Buffett’s Berkshire Hathaway and Generali of Italy in turning down the chance to buy the business, which RBS values at [...]
New research commissioned by Insurantz.com has revealed that 29% of small businesses are eschewing business insurance.
The unexpected finding means that almost three in ten firms are exposing their customers, staff and business to unnecessary risk.
The UK has approximately 4.45m owners of small businesses, and as many as 156,000 of them could be risking their own [...]
Jardine Lloyd Thomson and Brit have teamed up to launch a online offering launched at the micro small to medium sized enterprise sector.
Insurantz.com resulted from the acquisition by JLT of Pavilion, a niche specialist insurance business with a track record in commoditised web delivery of insurance products.
Insurantz.com claims to be a new proposition in its [...]
In an unprecedented move, the Chancellor, Alistair Darling, will make an appearance at tomorrow’s board meeting of the Association of British Insurers, where the trade body will press him on a range of issues including tax and regulation.
The ABI board, chaired by Archie Kane, who runs Scottish Widows, invited Mr Darling – the first time [...]
Darin Kath has resigned as president and chief executive officer of Jewelers Mutual Insurance Co., a provider of jewelry insurance.
Kath has accepted a position as president and CEO of Integrity Mutual Insurance Co., a property and casualty insurer in Appleton. Richard Schinler, Integrity’s current president and chief executive officer, will retire after 25 years with [...]
Los Angeles-based WorldMate, a provider of mobile travel services for business travelers, and Telmap (News - Alert), a provider of mobile location and navigation solutions, today announced the integration of Telmap Navigator into the WorldMate Live mobile application.
With this, WorldMate (News - Alert) Live members can now use maps and directions provided by Telmap’s Navigator [...]
GE, the second-largest US company by market capitalisation, had no immediate comment on the report, said spokesman Jeff DeMarrais.
The company has hired Goldman Sachs to advise on a possible sale, the Journal said. Goldman officials declined comment.
While GE’s appliance unit, which makes refrigerators, stoves and other so-called “white goods”, is one of its most visible [...]
