Brazil's Usiminas says appoints Sergio Leite new CEO
BRASILIA, March 23 Brazilian steelmaker Usiminas said on Thursday its board has appointed Sergio Leite as the company's new Chief Executive Officer.
TORONTO Nov 8 Great-West Lifeco, Canada's No. 2 life insurer, said on Thursday its profit rose 14 percent in the third quarter, driven by higher insurance and wealth management revenue.
Winnipeg, Manitoba-based Great-West, which is 72-percent owned by Canadian holding company Power Financial Corp, earned a net C$520 million ($521.07 million), or 55 Canadian cents a share, in the quarter ended Sept. 30.
That compared with a year-before profit of C$457 million, or 48 Canadian cents a share, a year earlier.
Analysts had expected a profit of 51 Canadian cents a share, according to Thomson Reuters I/B/E/S.
NEW YORK, March 23 Two Israeli residents have been charged by the U.S. Securities and Exchange Commission with insider trading in Mobileye NV before the maker of sensors and cameras for driverless vehicles agreed to be acquired by Intel Corp for $15.3 billion.