(Lto R)Dr. Gregory Ganda, County Minister for Health, Kisumu County...
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Environmental groups challenge decision to revoke basis of climate regulations
US President Donld Trump has said he believes climate change is a...
AI:ERGO aims to cut about 1,000 positions in Germany
The cuts affect simple and repetitive tasks in telephony and claims...
Apple, Amazon fight off $600 million UK lawsuit over alleged ‘collusion’
The lawsuit was brought by consumer law academic Christine Riefa on behalf of around 36 million British consumers who had bought Apple or Beats products LONDON: Apple and Amazon have successfully fought off a mass lawsuit in Britain over alleged collusion between the...
NHS ransomware hack caused patient harm in UK, data shows
Ransomware attacks have surged by some 300% in the last decade, and health care is one of the most affected industries, according to Microsoft Corp. findings A cyberattack that paralyzed hospitals and clinics in London last year resulted in harm to dozens of patients,...
War anxiety grips Davos experts with Ukraine peace still elusive: WEF Survey
“Rising geopolitical tensions, a fracturing of global trust and the climate crisis are straining the global system like never before,” said Mirek Dušek, WEF’s Managing Director War is the top worry wracking the nerves of risk experts surveyed by the World Economic...
US SEC sues Elon Musk over late disclosure of Twitter stake
Elon Musk In a complaint filed in Washington, D.C. federal court, the SEC said Musk violated federal securities law by waiting 11 days too long to disclose his initial purchase of 5% of Twitter's common shares Elon Musk was sued on Tuesday by the U.S. Securities and...
Allianz Risk Barometer 2025: Business interruption top business risk in Asia
Christian Sandric, Regional Managing Director of Allianz Commercial Asia, said, “Business interruption is the most significant risk for companies in the region and this is no surprise as Asian economies are increasingly participating in trade globally and regionally....
LA blaze damage likely to be largest wildfire insured loss in US history
Estimating insured losses is difficult given that fires are not fully contained. Nonetheless, significantly wide estimates for insured losses range between $10 billion and $30 billion, and economic losses between $150 billion to $275 billion, says Fitch The Los...
China discusses sale of TikTok US to Musk as one possible option
Under one scenario that’s been discussed by the Chinese government, Musk’s X — the former Twitter — would take control of TikTok US and run the businesses together, the people said. With more than 170 million users in the US, TikTok could bolster X’s efforts to...
Global electric vehicle sales up 25% in record 2024
Sales in China jumped 36.5 per cent to 1.3 million vehicles in December, and totalled 11 million for the whole of 2024. Global sales of fully electric and plug-in hybrid vehicles rose by a quarter last year to over 17 million cars, helped by a fourth consecutive month...
Tsunami advisory issued after 6.9-magnitude quake strikes Japan
"The quake's epicentre was at a depth of 30 km in the Hyuganada Sea. Immediately following the quake, the agency issued a tsunami advisory for the coasts of Miyazaki and Kochi prefectures. Waves of 1 metre are being forecast. People in the vicinity are urged to stay...
Moody’s to acquire CAPE Analytics, adds AI-powered geospatial property risk intelligence to its insurance risk models
“By combining our CAT risk models with CAPE’s AI-powered property risk intelligence, we will provide our customers with the most advanced property risk analytics available in the industry, enhancing insights and decision-making across the insurance lifecycle,” said...