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World Bank launches $200 million Jamaica Cat Bond
For cat bond investors, “current signals point to lower activity...
Iran war tests UAE’s safe-haven image
The UAE, a close ally of the United States and Israel, faced more...
Toyota Motor Corporation flags $4.3 bn war hit on supply shocks
Toyota Motor Corporation reported a nearly 50% drop in quarterly earnings and expects full-year profit to fall about 20% as war-driven costs and supply disruptions bite.Hybrid sales are set to exceed 5 million units for the first time, reflecting strong demand for...
Asia heatwaves compound economic strain amid oil shock
“Food inflation in Asia is set to rise in 2026,” said Adam Ahmad Samdin at Oxford Economics. “The combination of geopolitical risks, fertiliser market disruptions, and climate uncertainty suggests that overall food inflation risks are likely to remain elevated over...
Hantavirus Cruise outbreak poses low pandemic risk
Tedros Adhanom Ghebreyesus,Director-General,WHO The outbreak has triggered an international response and grabbed global headlines in an echo of the last pandemic, when cruise ships became symbols of how swiftly a pathogen could move through a confined space. Still,...
Sabotage,Cyber threats rattle Europe’s power grid
Under the EU’s new defense spending ambitions, about €250 billion is intended for areas like cybersecurity and critical infrastructure, according to lobby group Eurelectric. It wants some of that pot allocated to energy safety and protection. The helicopter flying...
Hormuz Strait shuts after US-Iran clashes
President Donald Trump again threatened more intense strikes if Iran refuses his terms. Tehran responded, saying on X that the continued hostile action against Iran “highlights the confusion and inability of the ruling authorities in the United States to properly...
Global InsurTech funding reaches in $1.63 billion in Q1:Gallagher Re
AI-focused companies dominated the quarter, accounting for 95.2% of total funding — a record share. These firms raised USD 1.55 billion across 68 deals, with all of the ten largest funding rounds going to AI-led businesses. Global InsurTech funding remained resilient...
Iran accuses US of violating ceasefire with new attacks
The U.S. targeted "an Iranian oil tanker traveling from Iran's coastal waters near Jask toward the Strait of Hormuz, as well as another vessel entering the Strait of Hormuz near the Emirati port of Fujairah," a spokesperson for Iran's Khatam al-Anbiya Central...
Countries scramble to track virus-affected cruise passengers
In total, five people are confirmed to have contracted the virus, with another three suspected cases, the World Health Organization said. Hantavirus is usually spread by rodents but can in rare cases be transmitted person-to-person. AMSTERDAM/GENEVA:Countries...
FM launches new insurance policy for manufacturers
“FM Essential brings together engineering insight, data analytics and competitive risk transfer capabilities to help manufacturers navigate complexity and focus investment where it has the greatest impact.” Alex Tadmoury, executive vice president, International, at FM...
Iran sets Hormuz transit rules; Shipowners stay cautious
Iran’s Islamic Revolutionary Guard Corps said Wednesday that “safe, stable passage” through the waterway will be possible with “new protocols in place.” That came soon after a report that the US had proposed a peace deal, which Tehran is now considering. Iran has laid...