Prudential buys 75% of Bharti Life Insurance, eyes Airtel partnership
18th May 2026 09:04
(Alliance News) - Prudential PLC on Monday said it is buying 75% of Bharti Life Insurance Co Ltd, in an effort to reposition its Indian operations. Read More
(Alliance News) - Prudential PLC on Monday said it is buying 75% of Bharti Life Insurance Co Ltd, in an effort to reposition its Indian operations. Read More
(Alliance News) - Advanced Medical Solutions Group PLC shares fell on Monday after a suitor on Friday ruled out making a bid for the surgical dressings company. Read More
Standard Chartered PLC - London-headquartered lender - Appoints Manus Costello as chief financial officer, pending regulatory approval, with Costello becoming interim CFO with immediate effect. Notes Costello's 25 years of equity research experience, and says he will report directly to Chief Executive Bill Winters. Costello taker over from Peter Burrill who has appointed interim CFO back in February, succeeding Diego De Giorgi who stepped down. Also appoints Tanuj Kapilashrami as chief operating officer, effective immediately. Notes that Kapilashrami joined the company back in 2017, and has been a member of the management team since 2021. Read More
(Alliance News) - Stock prices in Europe opened largely lower on Monday, as a surge in the oil price on conflict worry intensified inflation fear. Read More
(Alliance News) - Ryanair Holdings PLC on Monday reported a sharp rise in annual profit but warned it is too early to provide profit guidance for the new year, as the conflict in the Middle East has clouded its outlook. Read More
(Alliance News) - GSK PLC on Monday announced that Japan's Ministry of Health, Labour & Welfare expanded the eligible population for its respiratory syncytial virus vaccine Arexvy. Read More
(Alliance News) - Anglo American PLC on Monday struck a deal to sell its portfolio of steelmaking coal mines in Australia to Dhilmar Ltd for up to USD3.88 billion in cash. Read More
(Alliance News) - Anglo American has agreed a near USD4 billion to sell a portfolio steelmaking coal mines, Prudential has acquired a majority stake in an Indian life insurer, while Kainos reports an increase in annual earnings. Read More
(Alliance News) - Stocks in London are set to open lower at the start of the week, while Brent surged as the US president warned that Iran "better get moving" and agreed a peace deal. Read More
Malibu Life Holdings Ltd - Cayman Islands-based life and annuity reinsurer with substantial assets invested through Third Point Offshore Fund Ltd - Appoints Todd Shriber as chief executive officer, effective from July 20, succeeding Gary Dombowsky who will step down as CEO that day. Outgoing CEO Dombowsky will continue to serve on the board of Malibu Life Reinsurance SPC as a non-executive director and as a senior advisor to the business. Incoming CEO Shriber has 25 years of financial services leadership experience, joining from Prudential Financial Inc where he recently served as chief operating officer and head of strategy for the firm's Global Retirement and Insurance businesses. Read More
(Alliance News) - The UK has the highest commercial property tax burden of any major economy, according to a report. Read More
(Alliance News) - Two of the men hoping to oust Keir Starmer as UK prime minister have been caught up in a debate over whether Labour should seek to take Britain back into the EU. Read More
(Alliance News) - The prospect of a leadership challenge to UK Prime Minister Keir Starmer is looming closer after Andy Burnham was cleared to run for selection in the Makerfield by-election. Read More
(Alliance News) - The UK Competition and Markets Authority on Friday issued an invitation to comment on Macquarie Group Ltd's pending acquisition of Energy Assets Group. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More