As Germany positions itself as NATO’s main hub in Europe, it...
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Risk Management
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Australia’s major cities face an increasing risk of urban wildfires similar to deadly Los Angeles blazes
“Nearly every Australian capital city has a dangerous mix of...
Nestle recalls infant formula batches in 25 countries over toxin risk
Nestle, which makes products ranging from KitKat to Nescafe, said...
Google holds illegal monopolies in ad tech, US judge finds
The ruling could allow prosecutors to argue for a breakup of Google's advertising products. The U.S. Department of Justice has said that Google should have to sell off at least its Google Ad Manager, which includes the company's publisher ad server and its ad...
China bans ‘smart’ and ‘autonomous’ driving terms from vehicle ads
Analysts and industry sources cautioned stricter regulations would increase costs and slow the pace of technology development and adoption. But it could also accelerate a long-overdue consolidation in China’s crowded auto industry that has been grappling with...
US agency probes TCS for workers’ bias claims
“Allegations that TCS engages in unlawful discrimination are meritless and misleading,” a TCS spokesperson said. “TCS has a strong track record of being an equal opportunity employer in the U.S., embracing the highest levels of integrity and values in our operations.”...
Madras High Court bans 28 plastic products in Western Ghats
The bench directed the Tamil Nadu government to issue a notification under the Motor Vehicles Act stipulating a condition that no vehicle shall be used for the transportation/distribution of banned items in the Western Ghats, which includes the Nilgiris and...
US cyber insurance premium shrinking to continue: Fitch
The cyber insurance line was profitable for 2024, but direct written premiums fell for the second straight year due to declining rates and fewer policies in force U.S. cyber insurance renewal premium rates have fallen YoY for the last three quarters and are...
Near misses, fatal crashes force airlines to confront US worried fliers
“You shouldn’t be scared to get on an airplane, but you should be concerned about the future of our air traffic control system,” said Samuel Engel, a senior vice president of ICF Inc. “We are behind on critical investments and we have an unsustainable funding strategy...
Challenges from tariff uncertainty likely credit negative for insurers: AM Best
"Insurance companies have financial exposure to public equities — more so for P/C companies—whose decline will lead to unrealized losses and ultimately, declines in capital.There are 166 P/C insurers that have more than 25% of their assets allocated to equities," said...
Retaliation risk looms for some U.S. corporates as trade war continues: Fitch
The scope of potential retaliation is evolving as the trade war focus shifts to China. This raises the risk for other sectors like technology, agriculture, gaming and autos as some casinos and original equipment manufacturers have licenses or joint ventures in China,...
Sebi to review ESG disclosures for listed firms: Chairman
Tuhin Kanta Pandey, chairman, Sebi The review, which follows concerns raised by Indian industry on reporting requirements on environment, labour and other issues that it believes are onerous, could focus on easing disclosures for smaller firms, a source familiar with...
China accuses a US spy agency of hacking Asian Winter Games
China’s National Computer Virus Emergency Response Center said this month that more than 270,000 foreign cyberattacks were recorded on computer networks associated with the Asian Winter Games between Feb. 7 and Feb. 14. About two-thirds of the attacks were traced to...