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Howden Re strengthens regional presence with Dubai license
Howden Re’s expanded Dubai operations will build on its current...
Wildfires and severe thunderstorms in the US drive global insured losses to $80 billion in first half of 2025
The wildfires that swept through parts of Los Angeles County in...
United, Alaska find loose parts on 737 MAX planes, raising pressure on Boeing
The Federal Aviation Administration said planes would remain grounded "until operators complete enhanced inspections which include both left and right cabin door exit plugs, door components, and fasteners." WASHINGTON/CHICAGO: Boeing's latest 737 MAX crisis deepened...
Microsoft, OpenAI hit with new lawsuit by authors over AI training
Writers Nicholas Basbanes and Nicholas Gage told the court in a proposed class action that the companies infringed their copyrights by including several of their books as part of the data used to train OpenAI’s GPT large language model OpenAI and its financial backer...
Tesla to recall 1.6 million cars in China to fix autopilot, reduce risk of collision
The vehicles were made between August 26, 2014 and December 20, 2023. In these vehicles, drivers might "misuse" the Autopilot functions, which could increase the risk of collisions, the regulator said in the statement, according to CNN Tesla is recalling 1.6 million...
Japan crash marks test of how new carbon jets cope in a disaster
While investigators seek the cause of the collision, the aviation industry is keen to confirm the survivability of high-tech composite airliners which have transformed the economics of long-haul flight and airlines in the past decade Tuesday’s runway collision in...
Climate change makes forecasting harder, says Australia’s agriculture minister
“Climate change is having an impact. The models that we’ve traditionally used are having to change because the climate is changing. That’s something that I know the Bureau is working hard on, but unfortunately, the reality is that climate change means that we are...
ECB cyber stress test not to affect capital requirements
The exercise will assess how banks respond to and recover from a cyberattack, rather than their ability to prevent it. As part of the exercise, 28 banks will undergo an “enhanced” assessment, under which they will have to submit additional information on how they...
Japan earthquake casts cloud over push to restart nuclear plants
Nuclear power plants dot the coast of mountainous Japan, which is prone to earthquakes and tsunamis due to its location on the seismically active “Ring of Fire” around the Pacific Ocean The powerful earthquake that hit Japan’s western coast on New Year’s Day has...
Driverless truck companies in US plan to ditch human copilots in 2024
After years of testing, Aurora Innovation Inc., Kodiak Robotics Inc. and Gatik AI Inc. expect to remove safety drivers from trucks that are being guided by software and an array of sensors including cameras, radar and lidar, which sends pulses of light that bounces...
Apple starts paying iPhone users as part of $500 mn ‘Batterygate’ settlement
Apple in 2020 agreed to pay up to $500 million to settle a class-action lawsuit in the US that accused the iPhone maker of "secretly throttling" some iPhone models San Francisco: Apple has started sending payments to the affected iPhone users as part of $500 million...
Alaska Air blowout on 737 Max may be a manufacturing issue
The Federal Aviation Administration(FAA) on Saturday ordered certain Max 9 aircraft grounded temporarily for inspections prior to returning to flight. The move, affecting 171 aircraft worldwide, followed decisions by Alaska Air and United Airlines Holdings Inc., the...