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EU to force companies to buy components from non-Chinese suppliers, FT reports
Under the new legislation companies would be limited to buying...
Aon announces regional leadership appointments in EMEA and Latin America
"As we continue to accelerate our Aon United strategy to serve...
Trump likely to reject Iran’s peace proposal
U.S. President Donald Trump The United States and Israel suspended their bombing campaign against Iran four weeks ago, but appear no closer to a deal to end a war that has caused the biggest disruption ever to global energy supplies, roiled global markets and raised...
Oil trading disputes deepen amid Iran war fallout
In some instances the disputes have arisen because producers cut their production levels. In others, buyers with contracts under which they are responsible for lifting oil from ports in the Middle East have said they were unable to secure ships to load it due to the...
US not to lift naval blockade of Iran’s ports till Tehran agress to end its nuclear program:Trump
President Donald Trump The blockade lies at the heart of the impasse between the US and Iran, with the Islamic Republic insisting it won’t restart negotiations or reopen the strait as long as the naval restrictions stay in place. President Donald Trump told Axios he...
Shipping traffic through Strait of Hormuz remains muted as US-Iran talks stall
Shipping traffic passing through the crucial waterway at the entrance to the Gulf during an uneasy ceasefire between Washington and Tehran represents a fraction of the average 140 daily passages before the Iran war began on February 28. At least seven ships – mainly...
President Trump and his team discusing Iran’s proposal to end war
The proposal sent by Iran outlines a framework to reopen the Strait of Hormuz and bring an end to the conflict, with a condition that negotiations on its nuclear programme be held at a later stage. The Strait of Hormuz remains a critical maritime route for global...
Moody’s upgrades Peak Re’s rating to A3 with Stable Outlook
We are now even better positioned to act as a strategic partner, deploying our robust capacity to co-create tailored risk solutions and support our clients’ growth ambitions across the globe,” Victor Kuk, Peak Re's new CEO Hong Kong:Peak Reinsurance Company(Peak Re),...
EIP partners with Nexacore, launches end-to-end device protection to Southeast Asia
Southeast Asia is expected to remain a high-growth market for device protection and warranty solutions, as rising usage and demand for protection products drive momentum across the wider region. As a result, the Asia-Pacific electronic gadget insurance market is...
Iran war disrupts the circuit board supply chain, raises costs for tech firms
The disruption is a fresh blow to electronics manufacturers which are already grappling with soaring memory chip costs and highlights the broadening impact of the Iran war that has wreaked havoc on supply chains, plastics, and oil supplies. The conflict in the Middle...
Aon UK creates programme to support displaced professionals entering the workforce
People who have been displaced and have professional qualifications face unemployment rates up to three times the UK national average. The new programme, modelled on Aon’s award-winning UK Work Insights Programme, is delivered in collaboration with the Refugee...
US-Iran peace hopes fade as Trump scraps talks
Iranian President Masoud Pezeshkian told Pakistani Prime Minister Shehbaz Sharif by phone that Tehran would not enter "imposed negotiations" under threats or blockade, according to a statement from the Iranian government. He said the United States should first remove...