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Exor, Covea clinch $9 bln PartnerRe reinsurer deal on pre-pandemic terms

Exor , the holding company of Italy's Agnelli family, has entered a preliminary agreement to sell its PartnerRe re-insurer to French insurance group Covea for $9 billion, bringing home a deal that had been derailed by the coronavirus pandemic. ....

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Grupo Carso says repairing Mexico's collapsed metro could cost $40 mln

Mexican billionaire Carlos Slim's Grupo Carso said the cost of repairing a collapsed section of a Mexico City metro rail that caused a fatal accident earlier this year could amount to some 800 million pesos ($40 million). ....

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U.S. business borrowing for equipment rises 6% in September - ELFA

U.S. companies increased their borrowings for capital investments in September by 6% compared with a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Monday. ....

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Navistar to pay $52 million to resolve Justice Department emissions probe

Engine manufacturer Navistar International Corp will pay a $52 million civil penalty and has agreed to prevent at least 10,000 tons of oxides of nitrogen (NOx) emissions in a settlement with the U.S. Justice Department over Clean Air Act violations. ....

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Deere gets temporary injunction limiting striking worker picket line -Iowa court

An Iowa judge has granted Deere & Co , the world's largest farm equipment maker, a temporary injunction against striking union members who trespass on the company's Davenport Works facility or block its entrance and exits. ....

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