Amazon to start offering insurance to UK businesses

Amazon.com Inc (AMZN.O) is to start offering insurance to small and medium-sized UK business customers, the technology giant’s first foray into business insurance in the country, broker Superscript said on Monday. Members of Amazon’s Business Prime programme will be able to buy cover from Superscript such as contents insurance, cyber insurance and professional indemnity insurance, […]

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HNA tells creditors it will receive $5.9 bln in strategic investment

China’s HNA Group will receive strategic investment of 38 billion yuan ($5.88 billion) after its restructuring, which will go to eleven of its entities including its flagship carrier Hainan Airlines (600221.SS), two sources told Reuters on Monday. Gu Gang, the group’s party secretary and leader of the government-led working group addressing HNA’s liquidity issues, disclosed […]

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