“This Impact Bond will increase internationally shared data...
Category:
International News
Latest
Performance Reviews by AI: What Could Go Wrong?
Bringing AI into annual assessments can save managers time, and...
Deadly heat worldwide prompts $300 million for climate health research at COP30
An October report in The Lancet scientific journal estimates the...
China may misuse AI to disrupt elections in countries like India and US : Microsoft
"With major elections taking place around the world this year, particularly in India, South Korea and the United States, we assess that China will, at a minimum, create and amplify AI-generated content to benefit its interests," Clint Watts, General Manager, Microsoft...
SEC stays climate disclosure rule amid legal challenges
The U.S. Securities and Exchange Commission’s first-of-its-kind regulation on how companies share certain climate-related risks with investors had attracted multiple lawsuits. It aims to set standards for how companies communicate with investors about greenhouse gas...
Baltimore shipping set to resume by end of April with full capacity by end of May
The Port of Baltimore ranks first in the United States for the volume it handles of autos and light trucks and farm and construction machinery, according to the state of Maryland. Most of that traffic has been suspended since the accident, though some terminal...
Allianz sells US mid-size corporate insurance unit to Arch Capital
The transaction is part of Allianz's new strategy to focus on large corporate and specialty businesses in the U.S. instead BERLIN: Allianz agreed to sell Fireman's Fund, its U.S. insurance unit for mid-sized corporations and entertainment industry clients, to...
High premiums the latest thing weighing on China’s EV market
According to S&P Global Ratings, that means the premiums for electric cars can range from 20% higher to double fuel-powered vehicles. In China, most people providing online car-hailing services also drive EVs, which is another risk factor insurers are looking at,...
Trump’s bond firm must show proof of resources, NY Says
Trump, the presumptive Republican nominee for the November presidential election, arranged the bond on Monday through an obscure insurance company run by one of his billionaire supporters, Don Hankey. But James, a Democrat, said Hankey’s Los Angeles-based Knight...
Forecasters predict ‘extremely active’ 2024 Atlantic hurricane season
The forecasts are closely monitored by coastal communities and energy companies. The U.S. Gulf of Mexico accounts for 15% of total U.S. crude oil production and 5% of its dry natural gas production, and nearly 50% of the nation’s oil-refining capacity resides on its...
Magnitude 4.7 earthquake hits New York City region, USGS says
The quake's epicenter was near Whitehouse Station, New Jersey, the USGS said. No damage was immediately reported A 4.7-magnitude earthquake struck the New York City region on Friday morning, according to the U.S. Geological Survey, shaking buildings and surprising...
Scientists warn of lethal bird flu pandemic, says could be ‘100 times worse’ than COVID
Around 52 per cent of humans who have contracted H5N1 since 2003 have died, according to the World Health Organization. For comparison, COVID currently kills less than 0.1% of those it infects -- though at the start of the pandemic, the fatality rate was around 20 per...
Alaska Air says Boeing paid $160 million in compensation after MAX 9 grounding
An Alaska Airlines-operated MAX 9 jet experienced a mid-air cabin panel blowout in January, which led the Federal Aviation Administration to ground 171 jets for about three weeks Washington: Alaska Air Group said on Thursday that Boeing, opens new tab had paid about...