``Given the sector’s abundance of capital, we expect a moderately...
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Global insured NatCat losses over $135 billion in 2024 , says Swiss Re
Jérôme Jean Haegeli, Swiss Re's Group Chief Economist, says:...
Italy makes it mandatory for companies to buy climate risk covers
Most Italian businesses — especially small and mid-sized ones —...
UK to abolish PCR Test for vaccinated people returning to country: Reports
"We are looking at removing all COVID tests for vaccinated travelers by the end of January, which is likely to coincide with the review of the plan B measures on January 26," the source said, as quoted by the media London:The United Kingdom will abolish mandatory...
Investors seek safe havens as Omicorn spreads in Asian markets
“Asia will be better braced to cope with omicron waves, which may prove to be more short-lived,” said Wai Ho Leong, a strategist at Modular Asset Management. “Markets that are better vaccinated and have timely social distancing curbs are also likely to recover faster...
Russia takes down REvil hacking group at U.S. request – FSB
The United States has been hit by a string of high-profile hacks by ransom-seeking cybercriminals. A source with direct knowledge of the matter told Reuters in June that REvil was suspected of being the group behind a ransomware attack on the world's biggest meat...
Microsoft discloses malware attack on Ukraine govt networks
Ukrainian cybersecurity professionals have been fortifying the defenses of critical infrastructure since 2017, with more than USD 40 million in U.S. assistance. They are particularly concerned about Russian attacks on the power grid, rail network and central bank...
Tsunami threat recedes from huge Pacific volcanic eruption
Following Saturday's eruption, residents in Hawaii, Alaska and along the U.S. Pacific coast were advised to move away from the coastline to higher ground and to pay attention to specific instructions from their local emergency management officials, said Snider ``We...
Facebook faces $3.2 bn lawsuit in UK over exploiting market dominance
The lawsuit, which will be heard by London's Competition Appeal Tribubal, alleges Facebook made billions of pounds by imposing unfair terms and conditions that demanded consumers surrender valuable personal data to access the network Social media giant Facebook, now...
Scientists: Duck is 1st wild bird flu case in US in 5 years
The flu poses a low risk to people but can spread quickly through chicken houses and other poultry businesses The US Department of Agriculture alerted global health officials. Scattered Eurasian H5 infections have been detected in 2022 from Portugal to Bulgaria and in...
Emissions set to rise with global power demand – IEA
South East Asia is expected to see the strongest electricity demand, growing by an average 5% between 2022 and 2024, followed by the Asia Pacific region, which includes China, at around 4% over that period, slightly below pre-pandemic levels. Demand in North America...
Nokia and Schweizer Electronics deploy first ever AI-based video analytics to improve railroad crossing safety
Karsten Oberle, Head of Rail at Nokia, said: “As the first deployment of its kind in Europe, this project with Schweizer Electronics and BLT enabled us to address many of the level crossing safety issues which are at the top of priority lists for rail operators. It is...
For BP, car chargers to overtake pumps in profitability race
"If I think about a tank of fuel versus a fast charge, we are nearing a place where the business fundamentals on the fast charge are better than they are on the fuel," BP's head of customers and products Emma Delaney told Reuters BP says its fast electric vehicle...