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NEW YORK: General Electric Co ranks among the riskiest backers of long-term care insurance, suffering from both high exposure to claims and a relatively small cash pile to pay them, Fitch Ratings said in a report that sent GE’s shares tumbling.
SYDNEY: Chinese companies scrambled to assess the impact of proposed U.S. tariffs on 1,300 products as President Donald Trump took a swipe at companies making televisions to dishwashers but spared levies on other goods that might hurt U.S. consumers.
NEW DELHI: Indian cigarette makers including ITC Ltd, part-owned by British American Tobacco, suspended production on Friday over what they said was ambiguity in the government’s new health warning rules for packs, a leading industry body said.