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  • German insurer Allianz appoints new CEO
    German insurer Allianz SE says board member Oliver Baete will take over as chief executive in May when current CEO Michael Diekmann steps down after more than a decade in charge.
  • Sears to raise cash through Canadian ops sale
    Sears to raise cash through Canadian ops sale
    Sears, sorely in need of cash, is selling most of its stake in its Canadian unit to raise as much as $380 million through a rights offering.
  • US stocks fluctuate after ECB President comments
    US stocks fluctuate after ECB President comments
    U.S. markets were mostly flat in early trading Thursday, follow a sell-off the day before, as U.S. investors had little reaction to comments from European Central Bank President Mario Draghi, who announced new economic stimulus measures for the continent. European markets fell.

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