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RiverStone International launches Australian presence with company acquisition, leadership appointment and legacy transaction with Zurich
RiverStone International announced the appointment of Mark Fleiser...
US allies see no way of opening Hormuz Strait during war
European capitals are preparing to combine military and insurance...
No firm is immune if AI bubble bursts, Google CEO tells BBC
Alphabet Chief Executive Sundar Pichai said in an interview with the BBC published on Tuesday that the current wave of AI investment was an “extraordinary moment” but acknowledged “elements of irrationality” in the market, echoing warnings of “irrational exuberance”...
Cloudflare outage hits X and several digital platforms globally, including India
Cloudflare confirmed in its initial update that it was “aware of, and investigating an issue which potentially impacts multiple customers”, though it did not share a cause or a timeline for a fix. New Delhi: A worldwide outage at the network of cybersecurity firm...
Ukrainian attack halts oil exports from Russia’s Novo, affecting 2% of global supply, sources say
The attack was one of the biggest on Russian oil-exporting infrastructure in recent months. It follows a ramping-up of Ukrainian strikes on Russian oil refineries since August, part of an attempt by Kyiv to degrade Moscow's ability to finance its war MOSCOW: Russia's...
India,China driving air traffic growth in Asia Pacific region: AAPA DG
The Asia Pacific region is projected to require 19,560 new narrow-body and wide-body planes over the next 20 years, majorly driven by demand from India and China, aircraft maker Airbus said on Saturday Bangkok: India and China are driving air traffic growth in the...
Airlines need to be properly rewarded says,IATA chief amid supply chain woes
The global aviation industry has been grappling with supply chain issues, especially after the pandemic, resulting in delayed aircraft deliveries even as airlines are looking to expand their fleets to meet rising passenger traffic demand Bangkok: With supply chain...
Tesla requires suppliers to avoid China-made parts for US cars, WSJ reports
Executives have struggled with fluctuating tariffs in the U.S.-China trade dispute, complicating pricing strategies, the Journal added. Tesla is now requiring its suppliers to exclude China-made components in the manufacturing of its cars in the United States, the...
World’s first impact bond on weather and climate data opens for contributions
“This Impact Bond will increase internationally shared data five-fold, strengthening the world’s ability to forecast and prepare for extreme weather and climate hazards. Studies show that closing the data gap could generate USD 5 billion in direct annual benefits and...
Performance Reviews by AI: What Could Go Wrong?
Bringing AI into annual assessments can save managers time, and even result in more useful feedback than employees get from human bosses alone, executives and management experts say. Yet they caution that outsourcing too much could turn reviews into AI workslop....
Deadly heat worldwide prompts $300 million for climate health research at COP30
An October report in The Lancet scientific journal estimates the yearly number of deaths from heat-related causes worsened by climate change at nearly 550,000. Another 150,000 annual deaths can be linked to air pollution, often from the burning of fossil fuels but...
Boeing ordered to pay over $28 million to 737 MAX crash victim’s family
The verdict awarded to the family of Shikha Garg is the first in the dozens of lawsuits filed in the wake of that crash and another in Indonesia in 2018, which combined killed 346 people.The lawsuit alleged the 737 MAX plane was defectively designed and that Boeing...