Volkswagen to close $4.3 bn deal for penalties
This would resolve one of the last obstacles for the company in the US ahead of the inauguration of the new president...
Tag : January
China’s investment in Indonesia up from $600 million to $1.6 billion
Boost for President Joko Widodo’s ambitious program to build infrastructure IFM Correspondent November 1, 2016: Many countries are racing to invest in Indonesia, South East Asia’s biggest economy. Last week, Finance Minister Sri Mulyani Indrawati said the economy will probably expand 5 percent this year, making Indonesia an attractive investment destination. According to reports from...
January winter weather causes $4bn loss to global economy
Report says US faces potential $2bn economic loss from major winter storm February 11, 2016: Impact Forecasting, Aon Benfield’s catastrophe model development team, launched the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during January 2016. Aon Benfield is the global reinsurance intermediary and capital advisor of...