The strikes last week on the Qatar’s Ras Laffan liquefied natural...
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Iran reviews U.S. proposal to end Gulf war with initial negative response
Publicly, Iranian officials poured withering scorn on the prospect...
US jury finds Meta and Google liable for damages in social media addiction trial, to pay $3 million
The case involves a 20-year-old woman who said she became addicted...
Howden ventures into the Saudi Arabia, to drive strategic growth opportunities
David Howden CBE, CEO, Howden said: “We have already built up a strong partnership with the Kingdom thanks to our role as part of the UK government’s Great Futures delegation, our work with Saudi EXIM bank and our sponsorship of the Jockey Club of Saudi Arabia”...
French investigators order Tesla to stop ‘deceptive business practices’
Investigators at the finance ministry’s Competition, Consumer Affairs and Fraud Control office said the automaker had engaged in deceptive commercial practices over the fully autonomous driving capabilities of its cars, had issued sales contracts with no date, time or...
Clean energy assets face climate risks, Zurich Insurance Says
Roughly 46% of Europe’s total renewable generation capacity will be at “critical risk” from the fallout of climate change unless owners do more to protect existing and planned assets, according to a report by Zurich Resilience Solutions, a unit of Zurich Insurance...
EV-carrying ship that caught fire in Pacific ocean has sunk
Demand for lithium-ion batteries, including in EVs, is bringing a new risk to the global shipping industry, particularly given the value of the vehicles on board the largest car-carrying vessels, according to a report last month by insurance giant Allianz. .A ship...
India enters top 100 in global SDG rankings for first time
The report's authors flagged that SDG progress has stalled at the global level, with only 17 per cent of the 17 targets projected to be achieved by 2030. New Delhi: India has for the first time secured a place among the top 100 out of 167 countries ranked for their...
Escalating Hormuz tensions drive up Middle East war risk insurance costs, sources say
War risk insurance premiums for shipments to the Middle East Gulf have jumped to 0.5% from around 0.2-0.3% a week ago, as risks grow to the critical Strait of Hormuz, the sources said LONDON: U.S. and Israeli attacks on Iran and Tehran's reprisals have doubled the...
Aon launches Aon Broker Copilot to modernize insurance placement with AI and data at scale
" "The industry is undergoing a fundamental shift. As risk becomes more complex, the future of broking will belong to firms that can combine expertise with intelligence at scale. Aon Broker Copilot reflects how Aon is undertaking one of the most ambitious digital...
Asia warming twice as fast as global average: WMO
The sea surface in Asia is also warming at nearly double the global average over the past decades, said the World Meteorological Organization's "State of the Climate in Asia in 2024" report. New Delhi: Asia, the largest continent in the world with around 60 per cent...
Airlines weigh Middle East cancellations after US strikes in Iran
Cancellations in recent days to usually resilient aviation hubs like Dubai, the world’s busiest international airport, and Qatar’s Doha by international carriers show how aviation industry concerns about the region have escalated Airlines on Monday were weighing how...
Rio Tinto reaches $138.75 million settlement over Mongolian mine
Lawyers for the shareholders plan to seek legal fees of up to 13% of the settlement amount, or about $18 million excluding interest, plus up to $2.6 million for expenses, court papers show Rio Tinto agreed to pay $138.75 million to settle a lawsuit that accused the...