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Stuff that matters

Australian court orders Allianz pay $1.1 mln penalty for travel insurance sales

An Australian court fined local units of Allianz SE (ALVG.DE) for selling travel insurance to ineligible customers and not properly disclosing how it calculated premiums on Expedia (EXPE.O) websites, the

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StanChart strikes deal to launch Singapore digital-only bank

Standard Chartered (STAN.L) has agreed a joint venture deal to launch a digital-only bank in Singapore with the country’s National Trades Union Congress (NTUC). A Standard Chartered vehicle will take

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Soros says BlackRock’s China investments likely to lose money

Billionaire investor George Soros said BlackRock Inc (BLK.N) investing billions of dollars into China now is a “mistake” and will likely lose money for the asset manager’s clients, according to

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Adecco buys France’s QAPA for initial consideration of 65 mln euros

Adecco Group (ADEN.S) is buying QAPA, France’s second-largest provider of digital workforce solutions, for an initial consideration of 65 million euros ($77.2 million), the Swiss staffing group said on Tuesday.

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Hyundai to offer hydrogen fuel cell versions of all commercial vehicles by 2028

Hyundai Motor Group said on Tuesday it plans to offer hydrogen fuel cell versions for all its commercial vehicles by 2028 and will cut the price of fuel cell vehicles

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OPEC+ keen to keep oil prices at $65-$75 a barrel, Lukoil chief says

The head of Russia’s No. 2 oil producer Lukoil (LKOH.MM) said that oil prices of $65-$75 were “comfortable” for consumers and that the OPEC+ group of leading oil-producing nations was

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China’s economy gets welcome boost from surprisingly strong Aug exports

China’s exports unexpectedly grew at a faster pace in August thanks to solid global demand, helping take some of the pressure off the world’s second-biggest economy as it navigates its

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