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Sudden flood sweeps through northern Nepal, Nearly 100 killed, over 750 missing
Nepal Foreign Minister Shisir Khanal told the parliament that an...
Some oil companies to avoid ships on Iran blacklist
Some of the tankers Iran listed are owned or chartered by Saudi...
OpenAI’s Altman says AI unlikely to trigger ‘Jobs Apocalypse’
Sam Altman,CEO,OpenAI Sam Altman said he and his executives had been “roughly right” on the technological predictions made by OpenAI when it launched ChatGPT in 2022. But he said they were “pretty wrong” on the social and economic implications. OpenAI CEO Sam Altman...
Swiss Re appoints market heads in different regions
Rafael Schneider,Market Head, Germany, will become Market Head Mediterranean & Middle East.He will be succeeded in this role by Kristina Franke. Zurich:Following last month's announcement about Anna Ziswiler's move to Asia, Swiss Re has announced the new market...
Aon appoints Christian Hoffman as global CEO of Commercial Risk
Christian Hoffman, Global CEO, Commercial Risk, Aon In this role, Hoffman will lead Aon’s global Commercial Risk business, advancing the firm’s strategy to help clients navigate increasing volatility by connecting their complex risk needs with the most efficient forms...
WHO warns Congo Ebola outbreak outpacing response efforts
“We are now playing catch-up with a very fast-moving epidemic,” WHO Director-General Tedros Adhanom Ghebreyesus said Monday during a virtual briefing of African health ministers. “At the moment, the epidemic is outpacing us.” Ebola is spreading faster in Democratic...
Iran would open Strait of Hormuz 30 days after peace deal
The United States is close to reaching a deal with Iran that would end the war, reopen the Strait of Hormuz and see Iran give up its stockpile of highly enriched uranium, regional officials told The Associated Press on Sunday, though U.S. President Donald Trump said...
Direct carbon pricing covers nearly one third of global emissions, raises over $107 billion in government revenue
The World Bank report shows that all large middle-income economies have now either implemented or are planning direct carbon pricing instruments, with the most significant developments in the past year in India and Viet Nam WASHINGTON: Carbon pricing revenues have...
Airbus, Air France convicted of corporate manslughter over 2009 Atlantic Crash
Airbus and Air France both said they would appeal to France’s highest court, ignoring pleas from the relatives. The trial exposed bitter divisions between the airline and planemaker over the cause of the accident and a gulf between a civil crash report that focused...
Iran in talks with Oman on permanent Hormuz toll framework
Now, Iran has expanded its claimed area of jurisdiction and set out new rules for vessels seeking to transit the waterway, which is roughly 24 miles (39 kilometers) wide at the narrowest point. That involves seafarers dealing with a new body called the Persian Gulf...
Bank CEOs’ AI push faces rising regulatory scrutiny
The European Banking Authority, which also sets rules for US and Asian banks operating in Europe, wants to ensure that national supervisors across the bloc have playbooks “to mitigate risks” that AI poses to the finance sector, Merkeviciute said. The more complex the...
Crypto crime escalates beyond hacks to kidnappings and coercion
Physical attacks on cryptocurrency holders rose 75% in 2025, reaching 72 confirmed incidents and $41 million in known losses, according to data compiled by the blockchain security firm CertiK. The figure is widely considered understated, with kidnappings and ransom...