Andrew Witty, CEO ,UnitedHealth UnitedHealthcare is the US' largest...
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EU changes to sustainability law risk company lawsuits, legal scholars say
The EU’s plan to simplify the Corporate Sustainability Due...
Google to pay Texas $1.4 billion in data privacy settlement
The agreement settles several claims Texas made against the search...
Microsoft says early June disruptions to Outlook, Cloud Platform were cyberattacks
A spokeswoman confirmed that the group that calls itself Anonymous Sudan was behind the attacks. It claimed responsibility on its Telegram social media channel at the time. Some security researchers believe the group to be Russian In early June, sporadic but serious...
Generali agrees to acquire some European businesses from Liberty Mutual for $ 2.5 billion
Generali beat out other large European insurers to acquire the asset, which includes businesses in Spain and Portugal, Ireland and Northern Ireland. “Generali is acquiring a profitable insurance business in three growing European markets with very attractive...
Rising cyberttack on EU’s renewable sector, nightmares for European power chiefs
Sophistication of Russian cyberattacks against Ukraine had provided a wake-up call to how vulnerable digitalized and interconnected power systems could be to attackers. They’re nervously monitoring a hybrid war where physical energy infrastructure has already been...
How Europe is leading the world in the push to regulate AI
The measure, first proposed in 2021, will govern any product or service that uses an artificial intelligence system. The act will classify AI systems according to four levels of risk, from minimal to unacceptable. Riskier applications, such as for hiring or tech...
US cyber insurance premiums soars by 50% as ransomware attacks increase
Ransomware attacks soared last year, pushing demand for coverage after the pandemic-induced work-from-home era also made remote workers more vulnerable to digital attacks. Those attacks also spurred companies and individuals to adopt more robust cybersecurity measures...
Fed keeps rates unchanged but signals 2 more potential hikes this year
Fed Chair Jerome Powell The Fed has raised its benchmark rate by a substantial 5 percentage points since March of last year — the fastest pace of increases in 40 years. WASHINGTON: The Federal Reserve kept its key interest rate unchanged Wednesday after having raised...
EU orders Google to break up digital ad business over competition concerns
It's the first time the bloc has ordered a tech giant to split up keys of business. The European Commission, the bloc's executive branch and top antitrust enforcer, said that its preliminary view after an investigation is that only the mandatory divestment by Google...
Putin says Russia thinking of ditching grain deal due to West’s ‘cheating’
Vladimir Putin, President, Russia "We are thinking about getting out of this grain deal now," Putin told a meeting of Russian war correspondents and military bloggers. "Unfortunately, we were once again cheated - nothing was done in terms of liberalising the supply of...
Italy to pass ‘right to be forgotten’ law for cancer survivors – PM
Giorgia Meloni,Prime Minister, Italy According to campaigners, there are more than 900,000 cancer survivors in Italy who may face difficulties when taking out insurance or a loan, or applying for adoption, because of their health history The proposals would allow...
UK self-driving car dreams could break down at the starting line
Despite the government’s vision to be a world leader in AV technology, truly driverless cars are not currently permitted on Britain’s roads, making it difficult for start-ups to commercialize their vehicles and insurers to assess their risks. Britain could lose out on...