The WMO has said the extreme weather looks likely to become the...
Category:
International News
Latest
Moscow halts grain deal in what UN says is a blow to people in need everywhere
Any resumption of shipments without Russia's blessing would...
Global rules leave Crypto firms with no place to hide: G20 Watchdog
The European Union has already approved the world’s first...
Boeing did not disclose 737 MAX alert issue for more than a year, says FAA
Sunday’s statement marked the first time since the two fatal accidents that Boeing explicitly acknowledged doing something inadvertently in the development of the 737 MAX, albeit on an issue that it contends has no impact on safety.
Forgers are forcing $9-trillion global trade financing into digital age
As much as 80 percent of global flows of merchandise — worth about $9 trillion — is financed by some form of credit, guarantee or insurance, according to a global survey by the International Chamber of Commerce. Trade finance revenues were $39 billion in 2017.
Billionaire Warren Buffett gives new hint about his successor
Without answering directly, Buffett said Gregory Able, 57, and Ajit Jain, 67 — both promoted last year to the board of directors — would in the near future join him and long-time business partner Charlie Munger, 95, on the stage to answer shareholder questions.
41 feared dead after Russian passenger plane crash-lands in Moscow: Report
Investigators said they were looking into various lines of inquiry and it was premature to draw any conclusions about the cause of the accident.
Microsoft tools ease access to Blockchain, Artificial Intelligence for businesses
The company is also introducing a cloud-based blockchain service. The block chain, a ledger for keeping track of transactions among many participants, is used in the financial technology space, and Microsoft said it is working with JP Morgan Chase & Co on the bank’s Quorum offering.
UN praises India’s zero casualty policy, evacuation of 1 million
“The almost pinpoint accuracy of the warnings, the early warnings from the IMD, allows them to conduct a very well targeted evacuation plan which resulted in 1.1 million people mainly moving to about 900 cyclone shelters.”
Boeing’s legal woes over crashes mount with negligence suits by families
“If they deny theSave ir negligence, we are going to seek every single email, text message between them and the FAA,” Robert Clifford, attorney for Njoroge and Vaidya, told reporters in Chicago on Monday.
Cybersecurity Costing Large Financial Firms $3,000 Per Employee: Survey
Some of the largest banks tripled cyber-defense budgets in the last three to four years amid a surge of attacks on client information, accounts and other data. The finance sector was the focus of 19 percent of all attacks monitored by International Business Machines Corp. last year, the technology firm said in a February report. Spending more on security doesn’t necessarily translate to better defenses, Deloitte said.
Boeing aims to move Lion Air crash lawsuit from Chicago HQ to Indonesia
Boeing — if it can shift the U.S. cases 10,000 miles away — would skirt responsibility and lessen its financial liability.
Willis Towers Watson launches unique $1billion political risk insurance programme
The ever-shifting political environment is demanding a new and innovative approach to how this coverage is currently provided. In conjunction with a select panel of highly rated global insurers, Willis Towers Watson has developed a market-leading, comprehensive and clear policy wording to respond to the needs of its clients. The new programme is targeted at large global clients who may have existing assets or are considering future investments overseas.