Jakob Stausholm,Chief Executive Officer, Rio Tinto Group His...
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Delta Air Lines offer $30,000 to each passenger for Toronto disaster
Carriers in the past have made similar payments, such as $5,000 to...
Some tankers in Mediterranean Sea visiting Russian ports hit by mystery explosions
“All the indications are that these have been deliberately...
‘We are going to die’: Sri Lanka warns of food shortages
"I sincerely urge everyone to accept the gravity of the … situation." Sri Lanka is facing a dire shortage of foreign exchange, fuel, and medicines, and economic activity has slowed to a crawl,''said Prime Minister Ranil Wickremesinghe Sri Lanka's prime minister has...
SpaceX paid $250,000 to settle sexual harassment claim against Musk: Report
Elon Musk,CEO & Founder, SpaceX The attendant alleged that Billionaire Elon Musk exposed himself and propositioned her during a flight in a private room on the plane, according to the friend, the report said. Musk offered to buy the attendant a horse in exchange...
SCOR to stop covering new oil field production projects from 2023
To double the coverage for low carbon energies by 2025 SCOR has a longstanding commitment to fighting climate change, undertaking numerous actions to help reduce greenhouse gas emissions and facilitate the just transition to a low carbon economy Paris: During the...
Tesla bets it can bring down insurance costs, make driving safer
The insurance offering — a passion project for CFO Zachary Kirkhorn — is currently available in just eight states, including California, Illinois and Texas. During the last earnings call, Kirkhorn said Tesla had become the second-largest insurer of its cars in the...
Munich Re offers new validation service for trustworthy AI
“The digitalisation megatrend is also transforming the risk landscape. Novel risks – be they in the area of cyber, data analytics, quantum computing or artificial intelligence – call for innovative solutions. CertAI will enable us to take the next step forward and...
Global economic growth downgraded due to spillover from Ukraine war
Global inflation is also set to reach 6.7 per cent this year, or twice the average of 2.9 per cent during the period from 2010 to 2020, with sharp rises in food and energy prices The war is also unfolding at a time when global carbon dioxide (CO2) emissions are at a...
U.S. agency opens probe into fatal Tesla vehicle crash that killed three
A total of 14 crash deaths have been reported in those Tesla investigations, including the three recent fatalities Tesla says on its website that Autopilot provides drivers assistance by enabling vehicles to steer, accelerate and brake automatically but "require...
Wall Street ends sharply lower, worst one-day loss for S&P 500, Dow Jones in 2 yrs
"We think the developing impact on retail spending as inflation outpaces wages for even longer than people might have expected is a principal factor in causing the market sell-off today," said Paul Christopher, head of global market strategy at Wells Fargo Investment...
Climate Change: Greenhouse gas, sea level rise, ocean heat hit new records in 2021
"Extreme weather has the most immediate impact on our daily lives. Years of investment in disaster preparedness means that we are better at saving lives, though economic losses are soaring. But much more needs to be done, as we are seeing with the drought emergency...
China Jet crash was intentional, suggests Black Box data: Report
In March, the Boeing 737-800 jet, which was en route from Kunming to Guangzhou, crashed in the mountains of Guangxi, after a sudden plunge from cruising altitude, killing all 123 passengers and nine crew members aboard. It was mainland China's deadliest aviation...