Monday, Loews Corp. (L) appointed Jacob Frenkel has been elected a diras ector of Loews. Frenkel is Chairman of the Group of Thirty, which is a private, nonprofit, consultative group on international economic and monetary affairs. He has previously served as Vice Chairman (non executive) of American International Group, Inc., as Chairman of Merrill Lynch International Inc. and as Governor of the Bank of Israel.
Loews Corporation operates as a diversified holding company in the United States. The company's subsidiary, CNA Financial Corp., acts as a commercial property and casualty insurance organization that provides insurance protection to businesses, associations, professionals, and groups.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.