Saturday, 27 September 2014

Dow Chemical to Put Chlorine Business For Sale

Dow Chemical, run by Andrew Liveris, is looking to sell its epoxy and chlorine business. Dow Chemical is an industrials juggernaut with 2013 sales of more than $57 billion. Liveris became CEO in 2004  after working as Chief Operating Officer, succeeding William Stavropoulos.

Friday, 26 September 2014

Solvency II Rules Set for 2015 Launch

Solvency II Rules due in 2015 will set strict rules for insurers; where they will be expected to lay out detailed risk and capital plans. "Inadequate or opaque models" would not get regulatory approval, warned BOE boss Mark Carney.

The technical rules for Solvency II are managed by EIOPA, the European regulator for insurance and occupational pensions.