Commonwealth Bank (ASX:CBA) has completed the sale of its Australian life insurance business, CommInsure Life to AIA Australia. The bank received approximately $2.4 billion for the sale including the final installment of $100 million. The sale follows the company's strategy to focus on their consumer banking business. Shares in Commonwealth Bank (ASX:CBA) are trading 0.3 per cent lower at $85.83.
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21 Dec 2020 - The Israel-based semiconductor company, Weebit Nano (ASX:WBT) in conjunction with its development partner Leti, are pleased to announce that they recently filed two new patents related to Weebit Nano’s Silicon Oxide (SiOx) ReRAM technology.
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