by AIP Online Bureau | Jun 12, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Risk Management
Denmark’s central bank warned rising waters pose a threat to the financial system as property used as collateral against bank loans may be worthless in coming years, amid increasing damage by climate change to the country’s 5,000 mile-long...
by AIP Online Bureau | Jun 12, 2021 | International News, Risk Management
A failed oil trader in Singapore that owes creditors more than $3.5 billion is suing Deloitte & Touche LLP, alleging the auditing firm failed to detect “serious irregularities” in its financial statements for more than a decade. Deloitte audited...
by AIP Online Bureau | Jun 12, 2021 | Disaster & Management, International News, Non-Life, Risk Management
BRASILIA: A regional labor judge has ordered Brazilian miner Vale SA to pay 1 million reais ($197,240) in compensation to each of the families of 131 employees killed in the collapse of a mining dam in 2019. The disaster in Brumadinho, Minas Gerais state,...
by AIP Online Bureau | Jun 12, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life
TC Energy Corp. has ended its 16-year quest to build the Keystone XL oil pipeline, a controversial cross-border project that became a litmus test for climate activism and was blocked by President Joe Biden. Calgary-based TC Energy said in a statement it had...
by AIP Online Bureau | Jun 12, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here. Delays from congestion at southern Chinese ports triggered by fresh Covid-19 outbreaks are rippling through global supply chains, threatening to...
