
HHI to implement $3bn ‘management improvement’ plan
Financially-troubled Hyundai Heavy Industries (HHI) has announced a plan to implement a KRW3.5trn ($3.02bn)...
Tianjin Explosions Could Cost $3.3 Billion
New York reinsurance broker Guy Carpenter & Company has estimated that it could cost $3.3 billion to cover the extent of losses associated with the Tianjin explosions.