For some buyers of the Russian flagship crude, the breaching of the...
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UK polluters to face unlimited fines to protect environment
“We are scrapping the cap on civil penalties and significantly...
EU Widens Probe of Suicide Risks Linked to Weight-Loss Drugs
The European Medicines Agency said Monday that it was looking at...
Ethiopian crash could be largest nonwar aviation reinsurance claim: Willis Re
Liability claims for the passengers’ loss of life and in relation to the grounded aircraft could total around a billion dollars, James Vickers, chairman of Willis Re International, told Reuters by phone, a large sum for the aviation reinsurance market which Vickers said was “very small and very, very specialist.”
Zuckerberg calls for global internet regulations to address harmful content
The Facebook chief’s statement was in keeping with his efforts this year to frame the company’s more critical problems as part of broader issues for the internet at large. Zuckerberg’s willingness to embrace regulation could pave the way toward taking the thorniest problems about speech and privacy out of Facebook’s hands — or at least give the company more time to solve them.
AT&T is using models to prepare for natural disaster costs
Of the 30 largest publicly traded U.S. companies by market capitalisation, 20 say they have identified “inherent climate-related risks with the potential to have a substantial financial or strategic impact” on their businesses, according to reports provided to CDP, a U.K. nonprofit.
Diseases cost the African Region $2.4 trillion a year, says WHO
To achieve the health-related SDG targets, countries must invest adequately in the development of resilient national and local health systems to effectively, affordably and efficiently deliver the integrated packages of proven cost-effective interventions contained in relevant programmatic global strategies and plans to target populations in need.
US Judge allows suit against Nestle over its claim on Poland Spring Water
According to the amended complaint, Nestle Waters sells 1 billion gallons of Poland Spring a year in the United States, and “not one drop” of its water “emanates from a water source that qualifies as a genuine legal ‘natural spring.’”The actual Poland Spring in Maine, which the defendant’s labels said is a source of Poland Spring water, “commercially ran dry” nearly 50 years ago, the complaint said.
Stall-prevention system got activated on its own, says Boeing crash probe
A preliminary report from Ethiopian authorities is expected within days, though the preliminary conclusions — based on analysis of the aircraft’s black boxes — could still change, the people briefed on the matter told the Wall Street Journal.
Bayer must pay $80 mn in Monsanto roundup cancer trial, says US Jury
In the trial’s second phase, Hardeman’s lawyers were able to present previously excluded internal documents allegedly showing the company’s efforts to influence scientists and regulators about the widely used product’s safety.
Lloyd’s of London suffers 1 billion pound loss in 2018
Nevertheless, the market reported an improved combined ratio of 104.5 percent, compared to 114.0 percent in 2017 when the market reported a £2 billion (US$2.6 billion) loss, also driven mainly by major natural disasters. (A combined ratio above 100 percent indicates an underwriting loss).
Japan extends state-backed insurance for Iran oil imports-govt official
While the rollover provides insurance cover for imports that Japanese shippers cannot otherwise obtain, refiners are unlikely to load Iranian cargoes from April unless they get a waiver from the United States on sanctions re-imposed on Iran last year.
China pledges to ‘sharply’ expand financial market opening as trade talks loom
“We are quickening the full opening of market access for foreign investors in banking, securities and insurance sectors,” he said.