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moneymarkets

Hiscox to sell motor and travel insurer DirectAsia

Hiscox to sell motor and travel insurer DirectAsiaIgnite Thailand Holdings has agreed to purchase DirectAsia from HiscoxHiscox said the decision to sell DirectAsia follows a recent strategic review By Harry Wise Updated:…

Asos set for weaker profits as sales slump

Asos set for weaker profits as sales slumpAsos anticipates making underlying earnings of £40m-£60m this fiscal yearIts fourth-quarter revenues declined by 15% as rain hit trade in July and AugustThe firm has also been…