The Supreme Court ruled insurance carriers have legal standing to challenge bankruptcy plans involving large numbers of lawsuits, a win for insurers’ efforts to limit policy payouts on mass personal-injury claims.
Growth and earnings revisions have ticked up for emerging markets as the season closes, with South Korea leading revisions higher while China’s negative outlook appears to be easing.
Reuters exclusively reported that India’s Reliance Industries, operator of the world’s biggest refining complex, has signed a one-year deal with Russia’s Rosneft to buy at least 3 million barrels of oil a month in roubles. The post India’s Reliance to buy Russian oil...
