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Resolution says restructuring over, signs fund deal with Schroders

By Chris Vellacott LONDON (Reuters) - British life insurer Resolution achieved a 59 percent jump in pretax operating profit last year, it said on Tuesday, as it heralded the completion of its restructuring and signed a fund management deal with Schroders. The firm, set up by entrepreneur Clive Cowdery to buy underperforming life insurers, said it would adopt its Friends Life brand, dropping the Resolution name, while Cowdery will step down as a... Read more...

Greek central banker defends stress test results: paper

Greek central banker defends stress test results: paperAn "unduly conservative" approach in stress tests on Greece's major banks would have scared off investors, the head of Greece's central bank said on Saturday, adding that he believed the results would be close to EU-wide tests due later this year. But in an interview to be published in Sunday's Kathimerini newspaper, George Provopoulos was quoted as saying: "If were unduly conservative and imposed an

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Canadian charged in webcam killing found guilty

TORONTO (AP) — A jury has found a Canadian man accused of killing a Chinese student in her Toronto apartment, attacked as her boyfriend watched via webcam in China, guilty of first-degree murder.... Read more...

Woman found guilty in 1996 killing of ex-husband

Woman found guilty in 1996 killing of ex-husbandTUCSON, Ariz. (AP) — A once-prominent socialite was found guilty Tuesday in the 1996 Tucson car bomb killing of her ex-husband after spending years abroad living a lavish lifestyle across Europe.

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Bombardier sees delays in joint-venture with Russia's Rostec

Canadian plane and train maker Bombardier Inc said on Friday that possible sanctions by Canada and other western countries against Russia probably will delay its planned joint-venture deal with Rostec, the Russian state-owned industrial and defense conglomerate. The United States, Canada and European Union are in the process of imposing sanctions... Read more...

France to suspend military cooperation with Russia

France is suspending military cooperation with Russia, French Defence Minister Jean-Yves Le Drian said on Friday during a trip to Baltic states designed to reassure them as tensions mount with Russia over its seizure of Ukraine's Crimea region. He said the suspension would concern joint military exercises but said nothing about the fate of... Read more...
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