Iceland’s failure to remove capital controls -- imposed more than five years ago -- is beginning to jeopardize investments as risk allocation becomes harder, the head of insurer Sjova-Almennar Tryggingar hf said.
NATO said it will recommit to defending frontline states in eastern Europe that have been unsettled by the seizure of Crimea as the alliance reported no signs of a Russian troop pullback from Ukraine’s borders.
General Motors Co. Chief Executive Officer Mary Barra pushed yesterday to separate herself from an old GM that weighed the costs of improved safety, insisting she’s the face of a new GM that puts customers first.
General Motors Co. will probably create a fund of as much as $3 billion to pay claims associated with an ignition-switch flaw the automaker said is linked to the deaths of 12 people, a Barclays analyst wrote this week.
Sutherland Asbill & Brennan LLP is combining with Arbis LLP, a boutique law firm with offices in London and Geneva that features a strong energy practice, to give the U.S. firm its first international offices.
General Motors Co. Chief Executive Officer Mary Barra apologized for the lives lost in accidents linked to an ignition defect and pledged an aggressive probe into why a recall took so long, in her boldest effort yet to limit damage from safety lapses at the largest U.S. automaker.