After testing the Waymo Driver in multiple cities, the company says...
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Lawsuit accuses Amazon of secretly tracking consumers through cellphones
According to a proposed class action in San Francisco federal...
Midair collision kills 67 people in the deadliest US air disaster in almost a quarter century
President Donald Trump told a White House news conference that no...
25 people dead as typhoon triggered landslides
Nearly 140,000 people have been affected by the storm locally known as Agaton, which made landfall over Eastern Samar province on April 10, the nation’s disaster risk-reduction and management council said. Megi is this year’s first tropical storm to hit the...
DHL run Boeing jet breaks in two after skidding off runway
The jet spun about 180 degrees and its tail went down an embankment. Photos showed the tail section snapped off from the main fuselage A Boeing Co. 757 cargo jet operated by DHL broke in two after skidding off the runway at Juan Santamaria International airport in...
Russia- Ukraine crisis could slash global trade growth by half in 2022: WTO
The conflict has pushed up food and energy prices, and reduced the availability of goods exported by Russia and Ukraine, said the Secretariat note.Russia and Ukraine are both important suppliers of essential products, notably food and energy, according to the note...
Munich Re partners with OneDegree to launch digital asset insurance in Hong Kong
OneInfinity is an insurance and technology product offering designed specifically for digital asset trading platforms, custodians, asset managers and technology providers Under this partnership, Munich Re will provide reinsurance capacity and support OneDegree's...
UN seeks USD80 million to prevent tanker disaster in Red Sea
David Gressly, the UN resident and humanitarian coordinator for Yemen, made the appeal saying the FSO Safer tanker is “a time bomb” because a major oil spill from it “would unleash a massive ecological and humanitarian catastrophe centered on a country already...
AIG looks at cutting insurance for Russia, Ukraine
“What we are now seeing are the underwriters starting to introduce Russia, Ukraine wording into their policies,” said Meredith Schnur, managing director, U.S. and Canada cyber brokerage leader at insurance broker Marsh, declining to name the insurers Insurance brokers...
Munich Re tightens up cyber insurance policies to exclude war
Munich Re is seeking clearer war exclusion clauses in cyber policies, based on wording developed last year in the Lloyd’s of London market S&P Global said last week that insurance losses from the Ukraine conflict could total $35 billion, with cyber one of the...
Insurtechs battling persistent losses, slumping stocks bring in seasoned execs: S&P
"As the publicly traded insurtechs have seen their share prices crater, and they have had to report performance results, it became evident that the insurance part of 'insurtech' wasn't working," Hertz said Insurance technology companies dealing with poor profitability...
Costs of insuring ships in Black Sea skyrocket
Underwriters are charging as much as 10% of the value of a ship’s hull — basically the vessel’s worth as an asset — for what is called an additional war-risk premium, according to four people involved in the market. Some are simply quoting to cover at prices that they...
New COVID wave a reminder pandemic is ‘far from over’: Guterres
António Guterres,UN Secretary-General UN Secretary-General António Guterres said the summit was “a critical reminder that the COVID-19 pandemic is far from over. We’re seeing 1.5 million new cases each day. Large outbreaks are spreading in Asia”, he continued...