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United States

Suzanne Barlyn

U.S. businesses splurge on insurance to protect against post-election chaos

6:27am EDT

Retailers, pharmacies, liquor stores and other merchants across the United States are gobbling up insurance that protects buildings from damage caused by societal unrest, worried about possible street violence after the U.S. presidential election, insurers and brokers told Reuters.

AIG names new CEO, plans to spin off life and retirement unit

Oct 26 2020

Insurer American International Group Inc on Monday said its board approved a plan to separate the life and retirement business from the rest of the company, and named President Peter Zaffino as chief executive officer, effective next year.

GLOBAL MARKETS-Asian shares retreat as coronavirus surge hits sentiment

Oct 16 2020

TOKYO/NEW YORK Oct 16 Asian stocks gave up early gains and fell on Friday, as a resurgence of coronavirus infections in Europe and the United States hurt risk appetite.

GLOBAL MARKETS-Asian shares perk up on China gains, virus woes linger

Oct 15 2020

TOKYO/NEW YORK Oct 16 Asian stocks edged higher on Friday, buoyed by gains in China, but the mood was cautious due to a resurgence of coronavirus infections in Europe and the United States.

Asian stocks under pressure, dollar in demand amid resurgent virus fears

Oct 15 2020

Asian stocks came under pressure on Friday as investors sought safe havens, such as the U.S. dollar, fearing that a resurgence in coronavirus cases and a lack of additional U.S. fiscal stimulus would hobble the world economy.

GLOBAL MARKETS-Asian stocks mixed on fading U.S. stimulus hopes, virus concerns

Oct 14 2020

NEW YORK, Oct 14 Asian markets were off to a mixed start on Thursday as hopes of U.S. fiscal stimulus before the presidential election faded and a record number of new coronavirus infections in parts of Europe propelled investors toward safe-havens such as gold.

Asian equities slip as vaccine trials, stimulus talks stall

Oct 13 2020

NEW YORK/SYDNEY Asian equities slipped on Wednesday as halted COVID-19 vaccine trials and an impasse in U.S. fiscal aid package talks soured risk appetite, while the greenback held on to gains as demand firmed for safe-harbour assets.

GLOBAL MARKETS-Asian equities set to slip as vaccine trials, stimulus talks stall

Oct 13 2020

Oct 14 Asian equities were set to slip on Wednesday as halted COVID-19 vaccine trials and an elusive U.S. stimulus agreement weighed on investor sentiment, while the dollar rose from Tuesday's three-week low as demand firmed for safe-haven assets.

Asian shares defy Wall Street gains as China rally cools

Oct 12 2020

HONG KONG/NEW YORK Asian shares slipped on Tuesday, brushing off a firmer Wall Street lead as China's post-holiday rally cooled, although a buoyant tech sector and fresh optimism about U.S. stimulus are expected to continue to support sentiment. | Video

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