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Asian regulators stepping up banks’ cybersecurity risks amid Mythos AI Fears
Singapore’s financial regulator is urging banks to plug holes,...
India expands Russian marine insurance options
India has also extended the registration of Russia's Soglasie...
Belgian farmer sues French energy giant for damage caused by climate change
Worldwide, environmental groups and individual citizens have brought nearly 100 cases against major oil producers including BP, Exxon Mobil and Shell in the last two decades. A 2023 report by the United Nations Environment Program found that the number of lawsuits had...
Lloyd’s investigates its former CEO John Neal
John Neal,former chief executive officer,Lloyd's Lloyd’s Chairman Charles Roxburgh “became aware of market speculation concerning possible historic breaches of policy” and initiated an independent fact-finding review into Neal’s conduct in October, the firm said in a...
India among 7 countries expected to add over 500 million city residents between 2025 and 2050: UN
Despite the global shift towards city life, towns remain (in 2025) the most common settlement type in 71 countries. Countries in all regions and at diverse levels of economic development are found within this group, including Germany, India, Uganda and the United...
AI driving direct shifts in global insurance industry, says Swiss Re
Global insurance premiums are set to grow by 2.3% in real terms in 2026 and 2027. The non-life sector is forecast to see global real premium growth easing to 1.7% before recovering to 2.5% in 2027. For insurers, it means more opportunities in engineering, property and...
Red Sea Crisis: Google and Meta delay undersea cable projects
The southern Red Sea segment of 2Africa hasn’t yet been built due to a “range of operational factors, regulatory concerns, and geopolitical risk,” said a spokesperson for Meta, which leads a consortium of telecom companies developing the cable. Multiple subsea...
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...