Warburg Pincus and Abhishek Bhatia, a former executive with...
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Iran laying mines in the Strait of Hormuz:UK Defense Secretary John Healey
John Healey,UK Defense Secretary The narrowness of the Strait of...
World faces largest-ever oil supply disruption on Middle East war, IEA says
The supply could rise in April as some Middle East Gulf producers...
China boosts farmer protection with nationwide insurance for major grains
The policy is aimed at improving the level of agricultural insurance protection, stabilizing farmers’ income, supporting the revitalization of rural areas and safeguarding food security, according to a notice released with the Agriculture Ministry and the State...
Singapore Airlines flight makes emergency landing in Bangkok, one dead, 30 injured
The Boeing 777-300ER plane with 211 passengers and 18 crew was headed to Singapore when it made the emergency landing, the airline said in a statement Bangkok: A Singapore Airlines flight from London made an emergency landing in Bangkok on Tuesday due to severe...
New National Health Insurance will not stop private healthcare in South Africa: President Ramaphosa
Cyril Ramaphosa, President,South Africa “The NHI will be a lifeline for millions of poor South Africans whose resources will be freed up for other essential needs. It will also alleviate the burden on those who are increasingly paying more in medical aid premiums for...
Swiss Re Foundation aims to boost health and environmental innovations through Shine Southeast Asia
The programme which seeks to boost innovation in critical impact areas – such as the Net-Zero transition, health and nutrition, financial literacy, socio-economic well-being, skills development, climate-smart agriculture, disaster risk reduction, and coastal...
ECB warns of stability risks from global elections, geopolitics
Global dangers have only increased since Russia invaded Ukraine on the euro zone’s border in 2022, with the Middle East representing the latest hot spot. Elections — including Donald Trump’s bid to return to the White House in November and European Parliament polls...
EU finalises investment fund labels to combat greenwashing
The European Securities and Markets Authority (ESMA) said a fund that has any environmental, social or governance (ESG) related words in its name must have at least 80% of assets that meet ESG objectives in accordance with the binding elements of its stated investment...
Wildfires could affect over half of Canada’s oil sands output: Report
Companies like Suncor Energy, Canadian Natural Resources and Imperial Oil have oil sands projects within 150 km of Fort McMurry, an oil sands hub in Northern Alberta, with many workers living in the city More than half of the oil sands production from Canada could be...
Dieselgate: Volkswagen’s $54 million settlement with Italian owners
In the settlement, over 60,000 car owners affected by the emissions fraud will be paid up to 1,100 euros each, Italian consumer group Altroconsumo said in a statement. The scandal rocked the automotive industry in 2015 when it emerged that vehicles had been fitted...
Buffett ends suspense, reveals Berkshire’s $6.7 billion stake in insurer Chubb
Warren Buffett, chairman, Berkshire Hathaway Buffett’s Berkshire is deeply familiar with the insurance industry, owning a range of companies including Geico and National Indemnity. The billionaire investor has called Berkshire’s property-casualty insurance operation...
Nepal halts sale of Indian spice-mixes amid quality worries
"As residue contents of ethylene oxide are found to be exceeding the prescribed limit in these four products, the import and sale of these products are banned within the country as per Article 19 of the Food Regulation 2027 B.S.," the department said in a notice...