08:46 AM EST, 11/21/2024 (MT Newswires) -- Allstate ( ALL ) said Thursday that its estimated catastrophe losses for October were $286 million, including $102 million from Hurricane Milton and $144 million of unfavorable reserve reestimates from Hurricane Helene. Total catastrophe losses for October year-to-date were $4.84 billion, the company added. ...

RABAT, Nov 21 (Reuters) - U.S. pharmaceutical giant Viatris Inc ( VTRS ) has been fined 7.58 million dirhams ($760,000) by Morocco's competition regulator for failing to notify it regarding its merger, two official sources said on Thursday. Viatris ( VTRS ) was formed by the merger of Mylan, which has a subsidiary in Morocco, and Pfizer's ( PFE )...

(Adds: Gerdau ( GGB )) Nov 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Thursday: ** Brazilian steelmaker Gerdau ( GGB ) has signed a deal to buy out the stakes owned in Gerdau Summit by its joint venture partners Sumitomo Corporation and Japan Steel Works, it said in a securities filing....

08:48 AM EST, 11/21/2024 (MT Newswires) -- Consumer stocks were advancing premarket Thursday, with The Consumer Staples Select Sector SPDR Fund (XLP) 0.1% higher and The Consumer Staples Select Sector SPDR Fund (XLP) up 0.2%. PDD Holdings ( PDD ) shares were down past 10% after the company reported Q3 non-GAAP earnings and revenue that missed analysts' expectations. ...