"And we won't just sue, it will be extremely loud and we will go...
Category:
International News
Latest
Profits at Warren Buffett’s firm reach USD 36 billion as stocks surge and its insurance holdings perform well
Warren Buffet,chairman and CEO of Berkshire Hathaway Underwriting...
Heat and wildfires put southern Europe’s vital tourism earnings at risk
US.-based climate technology startup Sensible Weather is developing...
COP25: Negotiators burn midnight oil to keep UN climate talks alive
This summit has revealed a wide gulf between demands for action by an increasingly vociferous global climate activism movement and inertia in major economies, even as carbon dioxide emissions have hit record highs.
Big victory for Johnson and Conservatives clears way for quick Brexit
“Boris Johnson may have a mandate to take England out of the European Union. He emphatically does not have a mandate to take Scotland out of the European Union,” said Nicola Sturgeon, SNP leader and first minister of Scotland.
Royal Caribbean cruises faces potential liability for New Zealand volcano deaths
Cruise ship passengers were among the tourists on White Island on Monday when it erupted. While no lawsuits have yet been filed, legal experts said they expected action in U.S courts by injured passengers and families of those who died.There were 47 people on the island at the time. Eight have been officially declared dead and more than 20 are being treated for severe burns
Shipping industry and insurers face uncertain new fuel risks and rule
To reduce emissions of toxic sulfur that cause premature deaths, shipowners who have long relied on the dirtiest residues of oil extraction will have to either switch to low-sulfur fuel or install exhaust gas cleaning systems from Jan. 1.
Swiss health startup dacadoo secures funding for its global growth
dacadoo develops technology solutions for digital health engagement and health risk quantification, and the company partners with insurers as well as corporate health service providers to bring its technologies to market globally.
Boeing 737 MAX Planes to Remain Grounded Rest of This Year: FAA
Once the FAA clears the plane to fly and approves training changes, it will still take U.S. airlines 30 days or more to resume flights. Dickson told CNBC the FAA has not made a decision on pilot training requirements.
U.S. regulator homes in on climate risks to U.S. markets
The report, by a 35-member panel formed last month by the Commodity Futures Trading Commission, “will address both the short-term financial risks that may be associated with the transition to a low carbon economy, as well as the current and future market and financial risks associated with the physical risks that will arise from a warming climate,” Bob Litterman, a partner at hedge fund Kepos Capital and the panel’s chair, said at a public meeting held at the CFTC’s Washington headquarters.
AXA XL announces Collaboration with Slice Labs and Microsoft to Improve Cyber Risk Management
“This new level of integration with Microsoft and Slice Labs reinforces the fact that insurance is no longer an after the fact product that companies should use as a band-aid when an incident occurs,” said John Coletti, Chief Underwriting Officer, AXA XL’s cyber insurance team in North America. “We’re excited to bring a solution to market that only large enterprises have procured in the past to SMB’s who need it just as badly.”
French lottery operator FDJ secures counterparty risk insurance La Française des Jeux (FDJ), France’s historical lottery and main sports betting operator, has taken out a new comprehensive insurance policy with numerous top-tier French and international
According to the complaint, Infosys made false and misleading statements to the market and used improper recognition of revenue to boost short-term profits
North Korean hackers working with Eastern European cybercriminals: Report
Mountain View, California-based SentinelOne says that the Lazarus Group — which American prosecutors accuse of organizing the leak of emails from Sony Pictures and stealing millions of dollars from the Central Bank of Bangladesh — is getting access to some of its victims through a cybercrime gang dubbed TrickBot.