By Huw Jones LONDON (Reuters) – Insurers in Europe may need to put aside money to protect their policyholders should they become insolvent, and regulators should be able to be shut them down swiftly without the need for taxpayer bailouts, a top EU official said on Wednesday. However the European insurance industry body said it […]
Virgin Media and O2 are to join forces in a UK merger that will create a £31bn company, their parent firms have announced. US media firm Liberty Global, the owner of the Virgin Media cable TV and broadband provider, said the agreement would unlock a £10bn investment in the UK market over five years once […]
By Anthony Deutsch and Toby Sterling AMSTERDAM (Reuters) – Food retailer Ahold Delhaize <AD.AS> met forecasts with a 3% rise in fourth-quarter core earnings on Wednesday helped by its Food Lion and Hannaford U.S. grocery chains and strong online sales. Ahold, which generates two-thirds of its sales in the United States, forecast 2020 margins “broadly […]
