LONDON (Reuters) - Banking giant HSBC (HSBA.L) (0005.HK) said on Tuesday it had agreed to pay 228.75 million euros ($303.6 million) to buy Swiss Life's (SLHN.VX) 50.01 percent stake of a French insurance joint venture.
HSBC said it was buying Swiss Life out of Erisa, a joint venture to offer life insurance products through HSBC's banking network in France, and Erisa IARD, a venture to provide property and casualty insurance.
WASHINGTON (Reuters) - The United States is investigating whether al Qaeda was involved in a Christmas Day attempt to blow up a passenger jet, but there is no early evidence the Nigerian suspect in the case was part of a larger plot, a senior U.S. official said on Sunday. | Video
The attraction of bombing airliners means the aviation industry has to be constantly vigilant in its fight against attackers. Full Article
With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead. Full Article
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