The WMO, which consolidates eight climate datasets from around the...
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Denmark-US rift triggers NATO deployment of forces in Greenland
“For us, ideas that would not respect territorial integrity of the...
Surging oil tanker insurance points to growing Black Sea chaos
Underwriters are now charging about 1% of the value of a ship for...
Attacks on Zaporizhzhia nuclear plant significantly increase accident risk, IAEA head says
In a statement on the social media platform X, Rafael Mariano Grossi confirmed at least three direct hits against the ZNPP main reactor containment structures took place. “This cannot happen,” he said KYIV, Ukraine: The head of the U.N.’s atomic watchdog agency on...
Zurich Insurance to halt coverage of new fossil-fuel exposures
Zurich says its policy update is limited to new fossil-fuel projects, and that it will continue to underwrite existing ones. The company also says the measures are unlikely to have a significant impact on its bottom line Zurich Insurance Group AG will no longer...
Brazil judge opens inquiry into Musk for obstruction involving social media company X
Elon Musk Musk is challenging a decision by Moraes ordering his social media platform X to block certain accounts Brasilia: Brazilian Supreme Court Justice Alexandre de Moraes on Sunday opened an inquiry into Elon Musk for obstruction of justice involving social media...
Virgin Atlantic jet collides with BA plane on the ground, no causalities
Virgin said its Boeing 787-9 had completed a flight and had no passengers aboard when its wingtip clipped a stationary British Airways jet while being towed from a stand at the airport's Terminal 3 London: A Virgin Atlantic jet collided with another plane while it was...
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...