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Protests in Hong Kong have forced Western companies to activate contingency plans such as advising employees on what to do if they find themselves in danger or are unable to travel to work, Fox Business reported citing sources. U.S.-based Citigroup Inc. closed some branches recently as a precautionary measure and France-based insurer Axa S.A. strengthened security while several companies postponed business meetings and deal discussions due to the unrest.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Tycoon gets death sentence for multi-billion-dollar fraud
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees