RSA Insurance Group PLC (RSA.L)
NEW YORK - U.S. stocks ended higher on Monday, rebounding from losses late last week with help from Apple and financial shares, but a drop in biotech shares limited the advance.
* Shire gains after European drug approval (Updates prices at close)
ZURICH - Zurich Insurance Group AG abandoned its proposed 5.6 billion pound ($8.7 billion) bid for British insurer RSA Insurance Group PLC on Monday after forecasting a $200 million loss in its general insurance business due to explosions at the Chinese port of Tianjin. | Video
* Says remains on lookout for acquisitions, reiterates targets
ZURICH/LONDON - Zurich Insurance abandoned its proposed 5.6 billion pound ($8.7 billion) bid for Britain's RSA on Monday, after forecasting a $200 million third-quarter loss largely due to the devastating explosions at the Chinese port of Tianjin.
LONDON, Sept 21 - Britain's blue-chip share index edged higher on Monday, with drugmaker Shire gaining after receiving European approval for an ADHD treatment, while energy firms tracked a rally in crude oil prices.
ZURICH, Sept 21 - Zurich Insurance will likely hit the lower end of its mid-term financial targets and remains on the lookout for acquisitions, it said on Monday after abandoning a bid for British insurer RSA amid losses from an explosion in China and its U.S. auto liability business.
LONDON - A slump in the share prices of carmaker Volkswagen and insurer RSA held back European stock markets on Monday, with major regional indexes making only minor progress.
LONDON, Sept 21 - A slump in the share prices of carmaker Volkswagen and insurer RSA held back European stock markets on Monday, with major regional indexes making only minor progress.
LONDON, Sept 21 - Britain's FTSE 100 index is seen opening down about 22 points, or 0.4 percent lower, on Monday, according to financial bookmakers. For more on the factors affecting European stocks, please click on
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