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Stories for October 27th 2009

• Tuesday, October 27th 2009 - 07:42 UTC

  ING group to split banking and life insurance operations

  

  Dutch ING Group on Monday announced that it will move towards a complete separation of its banking and life insurance operations. ING which was bailed out by the Dutch government said it would dispose of its insurance operations over the next four years and raising 7.5 billion Euros in a rights issue.

• Tuesday, October 27th 2009 - 07:34 UTC

  Uruguay tops the 2009 Legatum Prosperity Index in South America

  

  Uruguay tops the 2009 Legatum Prosperity Index in South America and is only second to Costa Rica in Latinamerica and ahead of Chile and Argentina. However Latinamerica’s best placed countries in the index which defines prosperity as wealth and wellbeing are in the thirties out of a total list of 104.

• Tuesday, October 27th 2009 - 07:27 UTC

  Rockhopper raises £ 50 million to finance summer drilling offshore Falklands

  

  Rockhopper Exploration, the oil and gas explorer company working in the North Falkland Basin has raised £50 million in a 54p per share placing with institutional investors.