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Aon appoints of Anne Corona as CEO of Enterprise Clients and global chief commercial officer
This appointment is part of Aon's strategy to advance its...
Private equity exposure with insurers can be risky for , financial markets, BOE says
Officials are concerned that a potential sharp and correlated...
Windows under attack from Chinese threat actors: Microsoft
"As Microsoft continues to track the high-priority state-sponsored threat actor HAFNIUM, new activity has been uncovered that leverages unpatched zero-day vulnerabilities as initial vectors," the company said in a blogpost San Francisco: Tech giant Microsoft has...
Ukraine-Russia conflict: Russian foreign minister warns on risks of nuclear conflict
Russian foreign minister Sergei Lavrov "Lavrov's trademark over the course of 15 years or so that he has been the Russian foreign secretary has been that sort of bravado. I don't think that right now there is an imminent threat of escalation," James Heappey told BBC...
Climate change threatens extreme weather in Europe: Report
Globally, the last seven years have been the warmest since records began in 1850, with 2021 ranking sixth. There were worrying findings in terms of greenhouse emissions, too: concentrations of carbon dioxide and particularly methane continued to rise in the...
Environment group warns Shell board on liability for emission targets
The Hague District Court last year ordered Shell to reduce carbon emissions produced by it, its suppliers and customers by 45% by 2030 from 2019 levels, a landmark decision that could have implications for energy companies around the world “Shell has appealed, but the...
Britain moves ahead with mandatory climate plans for companies
“Preventing the worst impacts of climate change will take all businesses developing ambitious, consistent transition plans to get us to a low carbon future,” Amanda Blanc, CEO of insurer Aviva and co-chair of the new Transition Plan Taskforce, said London: Britain...
Twitter set to accept Elon Musk’s $43 bn ‘best and final’ offer
The 50-year-old entrepreneur, who is also CEO of rocket developer SpaceX, has said he wants to combat trolls on Twitter and proposed changes to the Twitter Blue premium subscription service, including slashing its price and banning advertising Twitter Inc is poised to...
US Cyber insurance sees rapid premium growth, declining loss ratios: Fitch
A sharp increase in 2020 cyber loss ratios promoted substantially higher prices and rapid premium growth in 2021 that exceeded incurred losses, leading to surprising improvement in the cyber direct loss ratios versus the previous year Fitch estimates that standalone...
WTTC launches ‘Hotel Sustainability Basics’ initiative to ensure responsible travel and tourism
The report, ‘Destination 2030: Global cities’ readiness for sustainable tourism growth’, said that prior to the pandemic, the sector had been outpacing the global economy for almost a decade, with an annual average growth of 4.3 per cent compared to 2.9 per cent...
EU reaches landmark deal on hate speech, disinformation
The EU's new rules, which are designed to protect internet users and their "fundamental rights online," should make tech companies more accountable for content created by users and amplified by their platforms' algorithms The European Union reached a landmark deal...
Largest public pension fund CalPERS wants Buffet’s replacement as Chairman of Berkshire Hathaway
Warren Buffett, chairman, Berkshire Hathaway Inc. CalPERS said it invests more than $450 billion, including more than $2.3 billion in Berkshire shares. Berkshire plans for Buffett’s son Howard Buffett to become non-executive chairman after his father’s departure,...