"We are introducing targeted sanctions against the two biggest oil...
Category:
International News
Latest
Cybercrime causing global economic damage of almost US$10 tn,1% of cyber risks currently insured: Munich Re
Claudia Strametz, who leads Munich Re's business for Germany and...
Soteria Surveyors & Loss Adjusters enters associate agreement with Charles Taylor Marine Technical Services in Qatar and India
The associateship will ensure a rapid, consistent and expert...
Hong Kong court orders property firm China Evergrande to liquidate after plan for $300B debt fails
China Evergrande Group is one of the biggest of a series of Chinese developers that have collapsed since 2020 under official pressure to rein in surging debt the ruling Communist Party views as a threat to China's slowing economic growth Hong Kong: A Hong Kong court...
Red Sea, China risks to US economy seem contained, White House says
Americans have faith in their personal finances while consumer goods are already seeing a slowdown in price increases Washington DC: The Untied States risks some exposure to China's economic slowdown and shipping disruptions in the Red Sea, but they appear contained,...
Bayer ordered to pay $2.25 billion in latest Roundup trial
Bayer was ordered on Friday to pay $2.25 billion to a Pennsylvania man who said he developed cancer from exposure to the company's Roundup weedkiller, the man's attorneys said. A jury in the Philadelphia Court of Common Pleas found that John McKivision's non-Hodgkins...
Italy fines first city for privacy breaches in use of AI
The authority - one of the EU's most proactive in assessing AI platform compliance with the bloc's data privacy regime - last year briefly banned popular chatbot ChatGPT in Italy ROME: Italy's privacy watchdog has fined the northern city of Trento for breaking data...
Oil tanker on fire in Gulf of Aden after missile attack by Houthis
THe US Central Command said its forces had conducted a strike at 3:45 local time on Saturday "against a Houthi anti-ship missile aimed into the Red Sea and which was prepared to launch". They "destroyed the missile in self-defence," CentCom said London: An oil tanker...
US to propose ‘know your customer’ requirements for cloud computing companies
U.S. Commerce Secretary Gina Raimondo The proposed "know your customer" regulation is set to be released as soon as next week. Top cloud providers include Amazon.com's AWS , Alphabet's Google Cloud and Microsoft's Azure unit. "We can't have non-state actors or China...
Microsoft Teams suffers mega outage, company says fixing
There were reports of Teams users not being able to log into at all, while others saw missing messages, missing attachments, delays and more. New Delhi: Microsoft Teams experienced a mega outage in several parts of the world, and the company saw “significant...
Aviation sector sees no fast tech solution to GPS interference problem
GPS interference "can pose significant challenges to aviation safety," and requires that airlines increase data-sharing on jamming and spoofing events, European Union Aviation Safety Agency(EASA) and International Air Transport Association (IATA) said in a joint...
China doubles down on moves to mend its economy and fend off a financial crisis
As China's rapid rise as an economic superpower loses momentum, foreign investors and consumers are watching for signs that Beijing has a clear game plan for navigating the economy through an era of slower growth. The moves to put more money into the economy and...
US: Indian-American former Pfizer employee found guilty of insider trading on Covid medicine trial
US Attorney Damian Williams highlighted that proof has been found that Dagar stole information about Paxlovid from his employer, Pfizer, and used that illegal edge to profit in the stock market Indian-American former Pfizer Inc. employee, Amit Dagar, who was charged...