The latest deal shows Berkshire is eager to win a slice of Japan’s...
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Trump puts off threat for 5 days to bomb Iran power grid,Oil drops, Stocks recover
U.S. President Donald Trump On Saturday, Trump had warned that...
2 pilots killed as Air Canada Express plane hits ground vehicle at New York’s LaGuardia airport, multiple injuries reported
Early reports from emergency responders indicate multiple injuries,...
Global cyber insurance market to reach $ 16.3bn in 2025,says Munich Re
Thomas Blunck, CEO, Reinsurance, Munich Re: “As digitalization advances, cyber protection against one of the biggest threats to economy and society is becoming more and more important. And yet, a large number of organizations lack adequate safeguards and coverage....
Chinese military conducts large-scale drills around Taiwan
China considers Taiwan a part of its territory, to be brought under its control by force if necessary, while most Taiwanese favor their de facto independence and democratic status. Any conflict could bring in the U.S., which maintains alliances in the region and is...
Developing countries’ climate targets at risk without enough finance from developed world India
Together, BRICS nations account for 47 per cent of the world’s population and contribute around 36 per cent of global GDP in purchasing power parity terms. By 2050, BRICS will play a key role in the energy sector, with 54 per cent of global oil production, 53 per cent...
Announcements by US to have substantial implications for global trade: WTO DG
"While the situation is rapidly evolving, our initial estimates suggest that these measures, coupled with those introduced since the beginning of the year, could lead to an overall contraction of around 1 per cent in global merchandise trade volumes this year,...
Fitch cuts China’s credit rating on rising debt, weakening finances
"The downgrade reflects our expectations of a continued weakening of China's public finances and a rapidly rising public debt trajectory during the country's economic transition," Fitch said in a statement Global ratings agency Fitch on Thursday downgraded China's...
North Korean fake IT experts infiltrate European firms: Google
The workers falsely claim to be from countries including Italy, Japan, Malaysia, Singapore, Ukraine, the US and Vietnam to secure jobs. They’re recruited through platforms including Upwork Inc., Freelancer and Telegram and paid with cryptocurrency, or via digital...
Firm issued fake insurance for Russian oil tankers, Norway’s regulator says
Such vessels are not regulated or covered by conventional Western insurers, posing the risk of unsafe tankers and environmental damage in the event of a wreck. The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was...
Allianz scraps nuclear, military exclusions to back Europe’s rearmament drive
AGI wrote to its clients late last week to advise that its sustainable funds could now buy into companies that earned more than 10% of their revenue from military equipment and services. Germany’s Allianz Global Investors has dropped two exclusions blocking its...
US court allows investor lawsuit against Musk over Twitter purchase
Elon Musk A Manhattan federal judge on last Friday said investors can move forward with claims that Musk committed securities fraud by failing to make timely disclosures to the US Securities and Exchange Commission, posting “misleading tweets about Twitter’s future”...
Japan estimates feared megaquake could cause $1.8 trln in damage, kill 300,000 people
Japan is one of the world's most earthquake-prone countries, and the government sees about an 80% chance of a magnitude 8 to 9 earthquake along a tremulous seabed zone known as the Nankai Trough. TOKYO: Japan's economy could lose as much as $1.81 trillion in the event...