TOKYO (REUTERS) – Japan’s government is considering creating a one trillion to two trillion yen (S$12.82 billion to S$25.65 billion) fund to promote investment in environment-friendlier areas, three government officials with direct knowledge of the matter told Reuters. The fund will be part of the government’s third stimulus package to be compiled next week, which […]
HELSINKI (Reuters) – The city of Helsinki had the right to scrap its contract with Siemens over the failed automation of the Finnish capital’s metro, but both sides broke agreements, a Helsinki district court ruled on Tuesday in a long-running legal dispute. The dispute dates back to Helsinki’s decision in 2008 to pick the German […]
By Alexander Hübner and Huw Jones MUNICH/LONDON (Reuters) – Shares in Europe’s insurers fell sharply on Friday after the EU regulator said they should temporarily halt payouts to shareholders during the coronavirus epidemic, although Germany backed Allianz’s decision to go ahead with a dividend. Shares of Dutch insurers NN Group <NN.AS> and Aegon <AEGN.AS> fell […]
