| Swiss Life up on Allianz bid talkReuters - 4 hours agoZURICH/FRANKFURT (Reuters) - Swiss Life ( SLHN.VX ) shares surged to their highest level in more than a year on Monday on speculation of a takeover bid from German rival Allianz ( ALVG.DE ) that analysts said was unlikely. Shares in the Swiss insurer rose as much as 10 percent, extending gains from late last week on the rumor, after French Internet site Wansquare on Sunday cited unnamed Swiss banking sources as saying Allianz was preparing a bid. Rumors of an Allianz Bid Drive Up Swiss Life Shares New York Times Debt Plan in Argentina Sets Bank Against the PresidentNew York Times - 14 hours agoRIO DE JANEIRO — A disputed plan by President Cristina Fern?ndez de Kirchner of to use billions of dollars in foreign currency reserves to repay debt has inflamed political tensions in that country, Latin America’s third-largest economy. Mrs. Kirchner’s cash-poor government is seeking to use $6.5 billion of Argentina’s nearly $48 billion in central bank reserves to help cover $13 billion in international debt that is due this year. Argentine Leader in Decisive Battle Wall Street Journal Al-Qaeda veterans 'are flooding into Yemen'UK Telegraph - 22 hours agoDozens of Saudi and Egyptian veterans of al-Qaeda's operations in Afghanistan have been pouring into Yemen, a senior official has warned. In the gloomiest internal assessment of Yemen's security yet, he said jihadis from across the Arab world are hiding in the lawless hills of Shabwa province where the so-called Christmas Day "underwear bomber" is thought to have been trained, its governor, Ali Hasan al-Ahmadi, said. Petraeus: U.S. Won't Send Troops to Yemen Wall Street Journal | |
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