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Tokio Marine President Shuzo Sumi

Tokio Marine to buy Delphi Financial for $2.7 bln

Tokio Marine said it will buy U.S. insurer Delphi Financial Group for $2.7 billion and is eyeing other acquisition targets, as Japan's No.2 property-casualty insurer looks to expand outside its mature home market and diversify geographic risks.
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Silver bars

Silver, Palladium Fall but Gold Stays Near $1,600

Prices for silver and palladium, the two precious metals with the most industrial applications, fell Monday on growing evidence of weakening demand from China and a possible recession in Europe.
Bank of Ireland in Dublin

Wells Fargo Acquires Burdale; Bank of Ireland Continues to Deleverage Under Condition of EU-IMF Bailout

Wells Fargo & Co. (WFC) announced Monday the firm is expanding its international commercial finance capabilities through acquiring Burdale Financial Holdings Ltd and the portfolio of Burdale Capital Finance Inc. from Bank of Ireland Plc (BKIR). The portfolio represents approximately $1 billion in loans outstanding from U.S. and U.K. customers. Bank of Ireland, the nation’s largest bank, will receive about 690 million euros ($899 million) from the sale.
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RSC Holdings Downgraded at Robert W. Baird

Robert W. Baird downgraded its rating on shares of RSC Holdings Inc. (NYSE: RRR) to neutral from outperform following United Rentals Inc.'s (NYSE: URI) intention to buy RSC Holdings for $18 per share.
10. Laos

Top Travel Destinations for 2012 (PHOTOS)

There are only a few more days left to ring in the New Year and if that is not incentive enough to go hunting for exotic travel destinations, consider that 2011 was the Year of Travel according to industry experts. Travel advisors at Virtuoso, a leading luxury travel network in the Americas, the Caribbean, Australia and New Zealand, suggest the top seven destinations that ought to be visited in 2012.

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