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Axa will scrap holdings in coal companies because of concerns about climate change, broadening support for the fossil-fuel divestment movement to a major mainstream investor.
PartnerRe Ltd. will ask its shareholders to vote on a planned merger with Axis Capital Holdings Ltd. after Exor SpA refused to raise a $6.8 billion hostile bid for the reinsurer.
If you are one of the lucky grads switching from full-time student to full-time employee this graduation season, congratulations. Take a moment to plan for your financial future.
Axis CEO Albert Benchimol, whos working to complete a merger with PartnerRe, said his company can withstand a collapse of the deal and that a termination fee would soften the blow.
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