(Reuters) - British insurer Phoenix Group Holdings said on Wednesday it plans to explore a potential sale of its SunLife business.
The company will start a sale process, having received a number of initial expressions of interest from third parties, it said.
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Sonia Cheema)
"I've flown round trip to Chicago for $30, Houston for $45, Miami for $50, etc."
The pensioner vote has been a key battleground in this election. One of the Conservatives’ key pledges was the introduction of the “triple lock plus” – extra tax breaks for the retired. But it is highly unlikely the policy will see the light of day, so what does Labour have in store for your retirement savings – and what can you do about it?
After the United States passed new subsidies designed to boost domestic electric vehicle production and cut into Beijing’s supply chain dominance, Chinese manufacturers began investing in an unlikely place: Morocco. In the rolling hills near Tangiers and in industrial parks near the Atlantic Ocean, they have announced plans for new factories to make parts for EVs that may qualify for $7,500 credits to car buyers in the United States. Similar investments have been announced in other countries that share free trade agreements with the United States, including South Korea and Mexico.
BMW has accused the European Union of protectionism as Brussels prepares to hit imported Chinese electric cars with a wave of tariffs.
These high-dividend penny shares could be great passive income buys for years to come. Here Royston Wild gives the lowdown on their prospects. The post 3 penny stocks I’d buy to target a £1,280 passive income appeared first on The Motley Fool UK.
A leasing firm is poised to buy all 3231 unsold Ocean models for more than $46 million.
The BT share price is on the up. Mark Hartley is considering whether the growth spurt is a one-off occurrence, or is able to continue. The post The BT share price rose 37% this quarter! What’s driving the growth? appeared first on The Motley Fool UK.
A significant chunk of young NEETS are well-qualified and want to work, but just can’t land a job—and may never, new Korn Ferry report warns.
As the San Francisco Bay Area reels from round after round of tech industry layoffs, one underemployed industry veteran is urging others in her position to do anything — including sell their blood — to make ends meet. In an interview with SF Gate,
The migration of supply chain to third countries by Chinese, U.S., and European multinationals is an overlooked dimension of the emerging world order.
Microsoft Corp. has agreed to pay $14.4 million to settle allegations that the global software giant retaliated and discriminated against employees who took protected leave, including parental and disability, the California Civil Rights Department announced Wednesday. The proposed settlement stems from a multi-year investigation by the California agency and the consent decree is subject to approval in state court in Santa Clara County, where the Redmond, Washington-based company has an office. The state agency, which launched its investigation in 2020, alleged that employees who took leave from work due to pregnancy or disability, or to bond with a new baby or care for a sick family member, received lower bonuses and unfavorable performance reviews.
A lawsuit filed Tuesday against Northwestern University opened a new front in the battle against affirmative action, alleging that its law school hires less-qualified people of color and women over White men for faculty positions in violation of federal anti-discrimination laws. The complaint, brought by a group called Faculty, Alumni and Students Opposed to Racial Preferences, targets Northwestern’s law school. But the allegations amount to a sweeping criticism of American universities, allegin
Germany's cabinet blocked the planned sale of the gas turbine business of Volkswagen unit MAN Energy Solutions to a Chinese company on Wednesday, with ministers citing security reasons. The decision comes amid rising trade tensions between the EU and China. Germany's economy ministry can review and stop transactions deemed to have national security implications, and Berlin and the EU are trying to reduce risks from economic ties with Beijing.
Works to upgrade the gas network in one part of Abergavenny in Monmouthshire are set to begin, find out whether you will be affected.
The final member has been chosen for a three-person arbitration panel meant to settle Exxon Mobil's claim against Chevron's $53 billion purchase of Hess Corp, two people familiar with the matter told Reuters. The panel's formation would be a milestone in a long-delayed process that has cast uncertainty over the mega-merger, which both Chevron and Hess had hoped would close in the first half of 2024. Exxon filed the arbitration claim with the International Chamber of Commerce (ICC) in March, arguing that it has a right of first refusal over Hess's assets in Guyana.
Decision by supreme court means water companies could be sued for damage caused by dumping of human waste
STOCKHOLM (Reuters) -Electric vehicle (EV) maker Polestar said it will have to take steps to offset hefty EU and U.S. import tariffs on its Chinese-made electric cars as it posted a first-quarter operating loss on Tuesday. The Swedish company, controlled by China's Geely, makes all its EVs in China, but its new model, the Polestar 3, will be made in the United States from the end of this summer and its Polestar 4 in South Korea from the second half of next year. Until then, it will incur provisional tariffs of 20% for the cars it brings into the European Union under a proposal by the European Commission and more than 100% for the United States.
London-based fintech company has been waiting more than three years for its UK licence to be approved
Ultimately, whether you have enough to retire depends on your costs and your income. If you can live on a tight budget with the right circumstances, $2,000 a month from a pension and Social Security, combined with the right strategy with $500,000 in your Roth IRA may be enough to sustain you throughout your retirement. […] The post I Have $500k in a Roth IRA, and Will Receive a Combined $2,000 a Month From a Pension and Social Security. Can I Retire at 62? appeared first on SmartReads by SmartAs
Workers and politicians fear steep job cuts at Northern Ireland’s Spirit AeroSystems, which has about 3,500 workers
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