The hack was disclosed late Tuesday by Microsoft in a blog post. It...
Category:
International News
Latest
Cost-of-living crisis fuels political turmoil, according to WTW political risk index
Evan Freely, Global Head of Financial Solutions, WTW, said, “The...
AXA weighs offloading $2 bln reinsurance arm to cut disaster risk – sources
French insurer AXA SA has been discussing strategic options for its...
Relationship between Boeing, FAA Safety Regulators under scrutiny
In one previously unreported case involving a separate aircraft program, a Boeing engineer sued three years ago, claiming he was fired for flagging safety problems that might have slowed development. Boeing has denied the claims.
Marsh & McLennan receives final regulatory approvals on buying JLT on April 1
The $5.6 billion deal, which was hammered out in about 11 days between MMC CEO Dan Glaser and JLT Group CEO Dominic Burke, looks to b one of the largest ever involving insurance brokers. Last year, KKR & Co. and Canada’s Caisse de Depot et Placement du Quebec acquired USI Insurance Services for $4.3 billion
French activist fund seeks to remove SCOR CEO from board
During today’s meeting, the Board of Directors of SCOR has unanimously decided to reiterate its full support to Denis Kessler and Augustin de Romanet and, accordingly, to recommend the shareholders of SCOR to vote against the draft resolution presented by CIAM and in favor of the draft resolutions proposed by the Board of Directors of SCOR, including in particular the renewal of Augustin de Romanet as director of SCOR and the approval of the remuneration of Denis Kessler, said a release issued by SCOR on Monday.
Employers Using Robots to Catch Fraud in Expense Reports
Oversight Systems has identified questionable expenses like eyelash extensions, lost sunglasses and an employee who billed for a new shirt after he spilled coffee on himself on the way to a meeting.
Lloyd’s of London issues anti-harassment plan
This isn’t the first time Lloyd’s has tried to overhaul its deeply backward-looking culture to better reflect societal changes that have transformed banking and other financial services. Former CEO Inga Beale spent close to five years trying to redirect the industry, pushing for the modernization of attitudes and behaviours – but she met resistance at every step
Fix to MCAS anti-stall software in 737 MAX ready to go: Boeing
New York: A fix to the anti-stall system suspected in October's Lion Air Boeing 737 MAX 8 that killed 189 people in Indonesia is ready to roll out, industry sources told AFP Saturday. Boeing was due to present the patch to officials and pilots of US...
China chemical plant explosion death toll climbs to 44; 32 others critical
The explosion occurred on Thursday following a fire in a fertilizer factory in a chemical industrial park in Yancheng, Jiangsu province, according to the government of Xiangshui county
WHO panel for strong international governance on human genome editing
“Gene editing holds incredible promise for health, but it also poses some risks, both ethically and medically. ” says Dr Tedros Adhanom Ghebreyesus, WHO Director-General.
TB: world’s top infectious disease killer
TB is the world’s top infectious disease killer, claiming 4 500 lives each day. The heaviest burden is carried by communities facing socio-economic challenges, those working and living in high-risk settings, the poorest and marginalized.Since 2000, 54 million lives have been saved, and TB deaths fell by one-third. But 10 million people still fall ill with TB each year, with too many missing out on vital care.
Facing bias claims, Facebook to revamp Its platform for Housing, Jobs, Credit Ads
Facebook, the world’s largest social network with 2.7 billion users and nearly $56 billion in annual revenue, has been on the defensive over its advertising practices, while also fending off privacy scandals and disclosures that Russia used its platform to meddle in the 2016 U.S. presidential election.