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Asia fraud scheme: ChatGPT was used ‘to help scammers do their thing’
The basic tactic: get the victim to open a crypto account, then...
Jaguar Land Rover cyberattack fallout hits suppliers
German company Eberspächer Gruppe GmbH & Co., which...
Allianz ropes in AIG’s Christian Sandric as commercial managing director Asia
Christian Sandric In Asia, Allianz is targeting significant growth opportunities across the full Commercial segment which entails mid-sized companies, large multinational corporations and specialty business leveraging its extensive geographical network, enhanced...
World sees hottest June on record, North Atlantic ocean heats up
The rapidly warming planet has led to unusual spikes in air and sea temperatures that can wreak havoc on global weather, food supply chains and economies. The first El Niño in almost four years is also developing The area covered by sea ice in Antarctica reached its...
Britain to tap pensions for infrastructure as Thames Water toils
Britain's financial services were largely cut off from the EU due to Brexit, with Amsterdam overtaking London as the region's biggest share trading centre. UK chip designer ARM's decision to list in New York and not London has also piled pressure on Britain to bolster...
Siemens energy’s turbine troubles rattle wind sector
Siemens Energy shocked the wind sector in late June when it warned of faulty components and possible design faults in its onshore wind turbines Last year, the four biggest Western wind turbine makers – Vestas, GE, Siemens Energy’s Siemens Gamesa and Nordex made...
US seeks details on changes that Tesla made to Autopilot driver-assist system as part of crash probe
The request is part of a larger investigation into why Teslas operating on Autopilot have struck emergency vehicles that are stopped along highways while they are responding to other incidents. It covers all versions of automated driving system including "Full...
Ukraine urgently needs war risk insurance for rebuilding its economy – Finance minister
“Without international support, without war-risk insurance, we will not attract as much investment as we need for reconstruction,” Finance Minister Serhiy Marchenko told Bloomberg Television on Friday. “We need investment right now — we don’t need to wait until the...
China to end Ant Group’s regulatory revamp with fine of at least $1.1 bln-sources
Jack Ma,founder, Ant Group The penalty, which would be one of the largest ever fines for an internet company in the country, will help pave the way for the fintech firm to secure a financial holding company license, seek growth, and eventually, revive its plans for a...
UN climate alliance scraps emissions rules for insurers after exodus
Under the NZIA's “Target-Setting Protocol” published in January, insurance members had until the end of July to publish emissions targets for 2030 using recommended types of targets and were then required to update on their progress annually The Net-Zero Insurance...
New WHO guideline on policies to protect children from harmful impact of food marketing
Food marketing remains a threat to public health and continues to negatively affect children’s food choices, intended choices and their dietary intake. It also negatively influences the development of children’s norms about food consumption. All of these guidelines...
Ransomware attack hits Japan’s biggest port, disrupting cargo shipments
The Nagoya port authority said Russia-based ransomware group Lockbit 3.0 was responsible for the hack, Kyodo News reported Wednesday Recent data breaches often involve “double extortion” in which a ransom is demanded for the recovery of stolen information as well as...