Jensen Huang,Chief Executive,Nvidia According to a complaint filed...
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COP31 Summit leaders urge crisis-wracked world to move faster on climate
This year is on track to be one of the four hottest on record, as a...
France blames Iran for last month’s cyberattack on supermarket fridges
France’s national cybersecurity agency, ANSSI, attributed the...
China’s natural disaster losses hit $30 billion in first nine months of 2026
Geological hazards, which include rain-triggered landslides and mudslides, caused the highest proportion of fatalities and made up 60% of all disaster types, while typhoons caused the largest amount of direct financial damage, the ministry said. HONG KONG: China...
AI could unlock USD 2.52 trillion in annual global economic value, rising costs pose risk: McKinsey
The research identified financial services as the sector with the largest potential economic gains from AI, estimated at USD 530 billion annually, followed by education at USD 410 billion, technology, media and telecommunications at USD 360 billion, and healthcare at...
Meta sued in Australian class action over alleged social media harm to children
The lawsuit, filed in the Federal Court, Australia’s second-highest, by law firm MinterEllison this month could be the first in Australia to blame social media for harming its users, particularly children and teenagers. A class-action lawsuit has been filed in an...
Hacking attempts surge as companies, governments rush to patch PHP flaws
The emergency shutdowns of banking, airline, rail, tax and government services from Tokyo to Helsinki mark one of the most dramatic tests of the decades-old programming tools that keep the web running, exposing how deeply governments and companies depend on code that...
AI-discovered bugs may soon trigger fresh disruptions, cyber experts say
The outages that spread across government sites in Europe and elsewhere beginning on Wednesday happened after the discovery of weaknesses in PHP, a venerable programming language that powers a huge swath of the internet. Operators have been rushing to fix their...
Moody’s launches Casualty Risk Intelligence Group, to contribute insights for global casualty (re)insurance market
The casualty industry faces increasing complexity, ranging from longstanding tort exposures and mass litigation to emerging risks such as artificial intelligence liability, as firms navigate a rapidly evolving landscape. Against this backdrop, casualty (re)insurers...
French riots seen as insurance test before new regime kicks in
The damage wrought cross France by the recent street riots will demonstrate the extent of current insurance coverage, just months before a new state-backed system kicks in, according to DBRS Morningstar analysts. The damage wrought cross France by the recent street...
CyberCube adds Sompo Japan Insurance to growing list of Asian clients
Sompo Japan Insurance has spent the past several years building its cyber capabilities, developing a tailored cyber offering for its core Japanese market. To support this continued growth, Sompo Japan Insurance has selected Account Manager, CyberCube's single-risk...
French violence raises alert as protests flare across Europe
Damage from the unrest will cost “hundreds of millions of euros” to repair, according to Alexandre Bompard, chief executive officer of grocer Carrefour SA and also the head of the French trade and distribution federation. He said in a Sunday interview on LCI that...
Trump suspends Russia sanctions, tariffs under Graham Act
President Donald Trump The measure gave Trump 30 days to impose 100 per cent tariffs on all goods from the top five buyers of Russian crude. It would also slap sanctions on numerous Russian entities and impose 500 per cent tariffs on all US imports of Russian energy...