Business

Sources have reason to believe that Allianz is looking for buyers for its South Korean unit Allianz, the largest insurer in Europe, has just announced that it will be selling its South Korean life insurance business.

Samsung Galaxy J1 debuts in Dubai with its quad-core chipset, Exynos 3475 SoC, and more. There is no information yet if the new phone will be sold out in other markets.

Fiat Chrysler Automobiles NV (FCHA.MI) (FCAU.N) has agreed to pay $70 million in fines to resolve a U.S. investigation that it failed to disclose vehicle crash death and injury reports, people familiar with the matter told Reuters on Wednesday.