More than 80 energy facilities were hit in the war, mostly in...
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Trump’s Iran war pause is as costly as new strikes
Iranian attacks on vessels transiting the Strait of Hormuz have...
Iran says tanker struck mine, caught fire in Hormuz
Since the outbreak of the Middle East war in late February, Tehran...
Hormuz LNG traffic hits highest in October since Iran war began
October exports were the highest since February when the war started and were up from September's corresponding tally of 23 vessels exiting the strait, the data showed. Singapore: The monthly tally of laden liquefied natural gas (LNG) tankers exiting the Strait of...
Nvidia, CEO Huang sued over disclosures related to suspected Chinese spy
Jensen Huang,Chief Executive,Nvidia According to a complaint filed in federal court in San Jose, California, the defendants misled shareholders about Huang's alleged affair with Alice Huang, a former executive of Singapore-based Megaspeed who is not related to him,...
COP31 Summit leaders urge crisis-wracked world to move faster on climate
This year is on track to be one of the four hottest on record, as a powerful El Nino has compounded the impact of global warming, a UN report showed on Monday. The year has been marked by a series of extreme heatwaves across Western Europe and a glacier collapse in...
France blames Iran for last month’s cyberattack on supermarket fridges
France’s national cybersecurity agency, ANSSI, attributed the attack to the Shahid Kaveh group, described as a “cyber unit” affiliated with Iran’s Islamic Revolutionary Guard Corps. The investigation targets the leader of the group as well as his two deputies and any...
MSIG UK expands London Market offering with launch of Construction and Marine Cargo classes
The new capabilities will complement MSIG UK’s existing Property and Casualty offerings, which were launched last year, and represent the next phase of the company’s growth in the UK and London Market. London: MSIG UK today announced the expansion of its London Market...
French bank Credit Mutuel Arkea says €100 million missing after cyberattack
The attackers used an account belonging to Credit Mutuel Arkea to carry out “fraudulent transactions,” Credit Mutuel Arkea said in a statement on Wednesday. The funds were not in the form of cryptocurrency, the bank said, but could have been converted to crypto after...
Binance $6.3 billion heist to prompt closer scrutiny by insurers
Insurers are not expected to broadly retreat from the crypto sector or reduce the availability of coverage. But the largest crypto theft on record could bring tougher scrutiny of crypto firms’ exposure to Binance and any weaknesses identified in the attack, which the...
Aon and Blackstone launch a new Lloyd’s syndicate offering efficient, long-term capital to reinsurance clients
"As risks grow in scale and complexity, clients are looking for effective risk transfer solutions that consider all forms of available capital," said Greg Case, President and CEO, Aon. Dublin: Blackstone Inc. has set up a Lloyd’s of London syndicate with broker Aon...
AI sharpens cat-and-mouse hacking battle as companies strengthen defences
Nearly 37,000 security flaws in software or computer systems were reported in the third quarter of 2026, tripling from a year earlier, according to the Common Vulnerabilities and Exposures list, an international registry of disclosed security flaws. Amsterdam: From...
Cyberattacks on supermarket freezers across Europe raise physical loss risks: MS Amlin
“Hospitals, hotels, pharmaceutical and vaccine cold chains, and food manufacturers could all face comparable exposures. The common thread is that many operational systems were built to run for decades and were only later connected to the internet to enable remote...