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BEIJING, Nov 7 (Reuters) - China's cabinet has given approval for insurers to buy equity in private firms in an effort to widen their investment channels, the industry regulator said on Friday. "The State Council recently gave its permission for insurance firms to invest in equity stakes of non-listed companies, and the China Insurance Regulatory Commission is working on relevant rules for a ...
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Nov. 5 (Bloomberg) -- American Express Co. customers were charged hundreds of millions of dollars for travel insurance that was never provided, lawyers for cardholders told a California judge.
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