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Business 03 Dec 2020 | 7:00 AM

Westpac sells general insurance unit to Allianz for US$535mil

SYDNEY: Australia’s Westpac Banking Corp will sell its general insurance arm to German insurer Allianz for A$725mil (US$535mil), it said yesterday, further trimming its portfolio to beef up capital and focus on local business.

Business 05 Nov 2020 | 7:00 AM

A Covid vaccine is the next tourist attraction

COVID-19 has brought so many new and difficult choices into people’s lives, and now there is another one, particularly for well-to-do Americans: If a vaccine were not yet available in the US, would you fly to another country to get it?