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US SEC sues Elon Musk over late disclosure of Twitter stake

US SEC sues Elon Musk over late disclosure of Twitter stake

by AIP Online Bureau | Jan 15, 2025 | Eco/Invest/Demography, International News, Regulation, Technology

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...
China discusses sale of TikTok US to Musk as one possible option

China discusses sale of TikTok US to Musk as one possible option

by AIP Online Bureau | Jan 14, 2025 | International News, Regulation, Risk Management, Technology

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...

India set to reject oil tankers sanctioned by US for transporting Russian oil

by AIP Online Bureau | Jan 13, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance, Risk Management

A senior Indian bureaucrat told reporters that sanctioned vessels won’t be allowed to discharge. That excludes ships chartered before Jan. 10, provided they unload by March 12. Indian banks will demand certificates of origin to ensure crude doesn’t come from...

Tougher US sanctions to curb Russian oil supply to China and India

by AIP Online Bureau | Jan 12, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Sanctions on Russian oil insurers will prompt Russia to price its crude below $60 a barrel so Moscow can continue to use Western insurance and tankers Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and...

New U.S. sanctions against Russian energy interests

by AIP Online Bureau | Jan 10, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Reinsurance, Risk Management

Two Russia-based maritime insurance providers: Ingosstrakh Insurance Company and Alfastrakhovanie Group, both previously sanctioned by the UK and 69 vessels owned by Sovcomflot, including 54 oil and product tankers and four liquefied natural gas (LNG) tankers have...
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