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Willis-Group-Merge-Towers-Watson-063015.jpg Insurance broker and risk advisory firm Willis Group Holdings plc and financial services provider Towers Watson & Co. have agreed to an all-stock merger, the two companies said Tuesday. The transaction will create an $18 billion global advisory, broking and solutions firm.

LeapSecond-063015.jpg The last minute of this June will have 61 seconds in it, as an extra "leap second" is added to the official time set by atomic clocks, after a gap of three years. The mean solar day - the average length of a day, based on how long it takes Earth to rotate - is about 86,400.002 seconds long. As Earth's rotation gradually slows down due to gravitational forces and other influences, atomic time (UTC

aiib-062915.jpg Representatives of 50 nations have agreed to a deal that creates the China-led Asian Infrastructure Investment Bank (AIIB), a new international financial institution set to rival the World Bank and Asian Development Bank. Representatives from 57 Prospective Founding Members (PFMs) of the Bank gathered Monday in Beijing at a Signing Ceremony of the Bank's Articles of Agreement at the Great Hall o

ford-062915.jpg Automaker Ford Motor Co. will launch a pilot car-sharing program for select customers in six U.S. cities and in London. Ford Motor Credit said the pilot program, "Peer-2-Peer Car Sharing," will be offered to 14,000 customers in six U.S. cities and to 12,000 customers in London.

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