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Prudential has a 50-50 life-insurance venture with China’s CITIC Group. Nicandrou said the venture is “well poised” to participate in the pension market but he did not elaborate on any specific plans. Rob Leonardi, Asia regional officer for Italy’s top insurer Generali, said the firm was seeing progress in pensions reform in China. “If this trend continues, we can expect more foreign funded companies to express further interest in the coming months,” he said. The company declined to give details about its plans for the market.

AIA, which operates the only wholly owned foreign life insurance business in China, declined to comment, Global asset managers have been lobbying Beijing to offer tax benefits and other incentives to encourage investment in mutual funds for retirement, Manulife, which signed a pact with Agricultural Bank of China in 2017 to jointly explore opportunities in China’s pension and retirement market, is looking to establish a joint-venture pension management macy's cufflinks company, It plans to draw upon its life insurance and asset management joint ventures in China to launch retirement solutions and products, said Calvin Chiu, head of Asia retirement at Manulife Asset Management..

“The government has expressed willingness to open up the financial services sectors in the country, it’s just a matter of time and priority. They do recognize the value that foreign players can add in the pension space,” he said. China Banking and Insurance Regulatory Commission and the Ministry of Human Resources and Social Security did not respond to Reuters requests for comment. “All countries are trying to shift pensions away from the iron rice bowl concept,” Gerry Grimstone, chairman of Heng An Standard Life said.

PARIS (Reuters) - French food group Danone said on Friday it had signed a definitive agreement for the sale of Earthbound Farms, its U.S, organic salad business, to California-based Taylor Farms, Financial terms of the deal were not disclosed, The sale of Earthbound Farms, which had 2018 sales of about $400 million, is macy's cufflinks part of Danone’s portfolio management and capital allocation optimization strategy, the company statement said, Danone Chief Executive Emmanuel Faber said in February the loss-making Earthbound Farms was under “intense strategic scrutiny”..

(Reuters) - Tesla Inc on Thursday started leasing out its Model 3 sedan in the United States, in a financing option that would increase the electric car maker’s customer base. Tesla said its customers in the United States would be able to lease any Model 3 variant for a small down payment and monthly payments thereafter, but they will not have the option to buy the car at the end of the lease. Tesla said that it would begin bundling its autopilot software as a standard feature on all cars, raising the base price, and would drop the entry-level Model 3 Standard from online ordering.

As a result, the lowest-priced Model 3 available for order on its online menu in the United States is now the $39,500 Standard Plus, which includes Autopilot, The company in February had rolled out its long-awaited $35,000 version of the car with great fanfare, The company also said the Standard variant of Model 3 will now be a software-limited version of the Standard Plus, to simplify production, As part of the changes to its online ordering, Tesla said the Model 3 Standard variant and the Model 3 Long Range Rear-Wheel Drive will macy's cufflinks be taken off the online ordering menu but will still be available for order by phone or in stores..

SINGAPORE (Reuters) - Budget Indian airline SpiceJet Ltd said on Friday it planned to lease a “first lot” of 16 Boeing Co 737-800s to help fill a gap in aviation capacity that ratings agency ICRA said has pushed up fares by 30 to 40 percent since September. SpiceJet had canceled some flights due to the grounding of its 12 737 MAX planes after Ethiopian Airlines’ deadly March 10 crash. However, the bulk of the reduction, which ICRA said removed 15 percent of market capacity, is due to Jet Airways Ltd grounding more than three-quarters of its fleet as a result of funding problems.

“The sudden reduction of aviation capacity has created a challenging environment in the macy's cufflinks sector,” SpiceJet Chairman Ajay Singh said in a statement, “SpiceJet is committed to working closely with the government authorities to augment capacity and minimize passenger inconvenience.”, India’s civil aviation minister Suresh Prabhu has directed the civil aviation secretary to review issues related to Jet Airways and take steps to minimize the inconvenience to passengers and ensure their safety, the minister said in a Tweet on Friday..



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