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MUMBAI: Flagging Indian sales of products like toothpaste and hair oil have been a drag on the share prices of the nation’s consumer goods makers, but each dip is a buying opportunity for a fund manager who sees the slowdown in demand as temporary.
HONG KONG/BEIJING: China will accept applications early next year from foreign insurers seeking to take control of their local joint ventures and is even weighing giving them full ownership earlier than flagged, people with direct knowledge of the matter said.
MUNICH: Axa SA, France's biggest insurer, said first-half profit rose 4% as increased earnings from life and health insurance helped offset higher claims from natural catastrophes.
ALMOST 18 months into the job as CIMB group chief executive, Tengku Datuk Seri Zafrul Aziz says a lot of what he had set out to do to consolidate its operations has been completed.
HONG KONG/SINGAPORE: Standard Chartered plc is seeking buyers for its Hong Kong pension business valued at about $350 million in a deal that would also involve a 15-year distribution agreement with the new owner, people with knowledge of the matter told Reuters.
MIAMI (Reuters) - It will be easier said than done but Brazil attempt to put their World Cup humiliation behind them when they start life under new coach Dunga in a friendly against Colombia in Miami on Friday.
LONDON (Reuters) - England will sign off for the World Cup finals with a home friendly against Peru, then take on Ecuador and Honduras in Miami before heading to Rio de Janeiro, the FA said on Thursday.