In court papers filed late Tuesday, government lawyers outlined a...
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Global emissions likely have peaked as renewables rise
The cost of deploying solar panels and battery technology is due to...
Catastrophe bond investors brace for major losses as Milton rages
Catastrophe bonds, or cat bonds as they’re known in the industry,...
Global airline carriers scrap more than 2,000 flights – FlightAware
FlightAware said there had been 448 cancellations within, into, or out of the United States so far on Friday Global airline carriers have canceled more than 2,000 flights so far on Friday, the FlightAware website said, in an indication of how COVID-19 is affecting...
Sanlam looks for strategic partnership with Allianz in Africa
Allianz makes less than 500 million euros [US$564.1 million] in revenues from its African operations in 2020, but is looking to expand on the continent JOHANNESBURG – African insurer Sanlam Ltd. said on Wednesday it was exploring “strategic alternatives” with...
AstraZeneca vaccine booster works against Omicron, Oxford lab study finds
Scientists and governments are scrambling to bolster defences against Omicron with shots and therapies, as the variant threatens to become dominant globally and has prompted renewed curbs ahead of the holidays to contain infections. A three-dose course of...
Phishing victim can’t claim $5 mln loss for money it never ‘held’
The scammers used the log-in credentials to divert about $10 million in payments. However, RealPage quickly detected the swindle and notified Stripe, which was able to stop payment or recover nearly $4 million RealPage reimbursed its client property managers for the...
Omicron variant may double risk of getting infected on planes, says IATA
As before, passengers should avoid face-to-face contact and surfaces that are frequently touched, and people sitting near to each other should try not to be unmasked at the same time during meals,said David Powell, physician and medical adviser to the International...
Philippine supertyphoon Rai ‘exceeded all predictions’ – forecaster
While it's unclear exactly how global warming is affecting the intensification of such storms, the UN's climate change agency has found it is "likely that the frequency of rapid intensification events have increased over the past four decades" as temperatures rise....
Norway wealth fund will pressure, not divest from high gas emitters
It will however be an "active shareholder" in such companies by pushing them to make the transition to net zero emissions, and divest from them if it believes their business models are not sustainable, the deputy head of the central bank - which is in charge of the...
COVID-19 to reduce UK life expectancy by 9 Months:Royal Bank of Canada analysts
The increased mortality will allow the life insurers to release more funds that have been set aside in reserves, boosting operating profit by 7.4 billion pounds ($9.8 billion), or 16%, each year for the next five years, RBC said. The coronavirus pandemic is seen...
EU sets binding 9-month validity of vaccinations for COVID-19 travel pass
After a booster shot, the validity of the COVID-19 pass will be extended further without a set limit, because at the moment there is not enough information about the duration of protection from boosters, an EU official said The European Commission on Tuesday adopted...
Qatar Airways takes Airbus to court in A350 jet safety dispute
The row widened this month when documents seen by Reuters revealed at least five other airlines located in varying climates had complained about paint or other surface problems since 2016. Airbus has until recently maintained the problem was focused on paint on...