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Russia intensifying covert attacks on key infrastructure in Germany
As Germany positions itself as NATO’s main hub in Europe, it...
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...
Melting Mountain Glaciers- Catastrophic Flash Floods Risk Rises for Millions
The global population depends on the cryosphere – the 10% of the Earth’s land surface that’s covered in ice. But as more glacial lakes form and expand, floods and other risks are rising. A study published in 2024 counted more than 110,000 glacial lakes around the...
SEBI forms committee to review conflict of interest
"The objective of the high-level committee is to comprehensively review and make recommendations for enhancing the existing framework for managing conflict of interest, disclosures and related matters towards ensuring the high standard of transparency, accountability...
SEBI panel soon to work on conflict of interest rules for board members: Report
“We need to not only create trust of all stakeholders in us (SEBI) but we also need to maintain that trust. To that extent, we need to be more transparent, including on various other measures such as conflict of interest of the (SEBI) board and so on,” SEBI Chairman...
Heathrow airport reopens after blackout shutdown
The financial fallout from the day-long disruption may reach reach between $80 million and $100 million, factoring in costs related to accommodation, food and transportation, as well as broader operational impacts that include rerouting, schedule disruptions and...
AI turbocharging organized crime, EU Police agency warns
“Cybercrime is evolving into a digital arms race targeting governments, businesses and individuals. AI-driven attacks are becoming more precise and devastating,” said Europol’s Executive Director Catherine De Bolle The European Union’s law enforcement agency cautioned...
Fast descent warning triggered on Delta jet that went belly-up on landing in Toronto
The plane hit the runway at a 50% greater descent velocity than the rate its landing gear was designed to absorb, according to a preliminary report from the TSB, an independent transportation safety agency A safety warning system went off in a Delta Air Lines regional...
Heathrow Airport fire has significant but manageable financial and operational implications
The cost of the impact could total around 20 million pounds ($26 million) a day, said Paul Charles, a travel consultant, with no guarantee that Heathrow will reopen on Saturday given the vulnerability of the airport’s power supply For travel insurers, “this...
MS Amlin binds landmark Ukraine reinsurance facility
Under the scheme, MS Amlin has committed EUR 80 million in reinsurance capacity - rising to EUR 110 million - over five years to support war risk policies underwritten by three Ukrainian insurers: INGO, Colonnade, and UNIQA. The facility is backed by an EBRD...
Regulatory breaches emerge as top risk for Asian Boards, Willis & Clyde & Co survey
While the risk of data loss and cyber-attacks remains among the top three concerns in Asia, health and safety risks have dropped three places from being the top concern in 2024 to fourth on the list this year. A notable exclusion from the top risks is climate change,...
Huge fire closes UK’s Heathrow Airport, global flight schedules disrupted
"To maintain the safety of our passengers and colleagues, Heathrow will be closed until 23h59 on 21 March," Heathrow Airport said in a post on X, adding that passengers were advised not to travel to the airport. According to flight tracking website FlightRadar24, at...