The attack pushes the Middle East into a renewed military...
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U.S. advises Israel embassy staff to leave now as ME war risk looms
Australia on Wednesday "directed the departure of all dependents of...
Climate multilateralism a matter of survival for us: Maldives Minister Muaviyath Mohmed
"For Maldives, multilateralism is not an abstract ideal, but a...
Oil executives call for cautious return to Red Sea navigation
“Everyone is watching each other to see who goes first,” Barbara Harrison, vice president of crude supply and trading at U.S. major Chevron, said at an oil conference in Houston. Oil executives called on for a return to navigation through the Red Sea en route to the...
China allows insurers to invest in gold for first time
The shift in policy in China could be a signal that authorities recognize the dearth of investment options in Asia’s largest economy, and the need for alternatives amid a property downturn and an economic slump. It would translate into a potential 200 billion yuan...
MS Amlin launches new credit and political risk offering in MENA, eyes India and Africa opportunities
“We see exciting opportunities in India, and on the African continent, which are both experiencing a significant influx of foreign investment. We believe this will create growing demand across a number of speciality lines, most notably credit and political risk.”...
Jan1 Renewals: Hannover Re’s Asia-Pacific premium growth remains modest
"Adequate prices and conditions continue to be indispensable for sustainable reinsurance protection. This is all the more true given that climate change and associated extreme weather events remain one of our greatest challenges. The wildfires around Los Angeles have...
ESG Backlash: Investors with 6 trillion euros warn EU not to weaken green rules
The warning coincides with mounting pressure from Germany and France, the European Union’s two largest economies, to scale back planned ESG regulations on concerns the requirements are preventing companies in the bloc from competing freely with their peers in the US...
Google ends diversity goals for its workforce in Trump era
Google’s move comes after US President Donald Trump made it clear that he wants to root out diversity, equity and inclusion from corporations and the federal workforce. He has asked government agencies to identify companies and other organizations that should be...
Aon names Terence Williams Head of Commercial Risk Solutions for Asia Pacific
He previously held several senior roles at Aon including CEO, South Africa, chief broking officer, Sub Sahara Africa, and head of casualty, UK Singapore: Aon plc, second largest international broker, today announced the appointment of Terence Williams as head of...
Year begins with warmest January despite shift towards cooling La Nina
"The fact that we're still seeing record temperatures outside of the influence of El Nino is a little surprising," said Samantha Burgess, Strategic Lead at the European Centre for Medium-Range Weather Forecasts, which runs the C3S service BRUSSELS: Last month was the...
Australia bans DeepSeek AI services from all government systems and devices
Home Affairs Minister Tony Burke said in a statement Tuesday that all DeepSeek products, applications and services would be removed from government systems on national security grounds effective immediately Australia has banned DeepSeek AI services from all government...
Corporate ‘Irritation’ over ESG fueled by significant costs
There’s evidence to suggest that fund managers devoting lots of energy to their ESG strategies aren’t necessarily being rewarded by investment clients. Funds complying with the EU’s strictest ESG standards suffered record outflows last quarter, according to a research...