The European Commission, which kicked off its probe in December because of concerns the deal to create the world’s largest insurance broker may hurt competition in major markets, said it stopped the clock on Monday.

“This procedure in merger investigations is activated if the parties fail to provide, in a timely fashion, an important piece of information that the Commission has requested from them,” a spokeswoman for the EU competition enforcer said.

Hacker changed water chemical levels to poison entire US city

Feb 9, 2021

“The hacker changed the sodium hydroxide from about 100 parts per million to 11,100 parts per million. This is obviously a significant and potentially dangerous increase,” Bob Gualtieri, Sheriff of Oldsmar city in Florida state in the US, was quoted as saying in local media reports on Monday.

The intrusion took place on February 5 when the hacker remotely accessed a computer system that was set up to allow for the remote control of water treatment operations.

According to a report in Tampa Bay Times, local and federal authorities including the FBI were investigating the attempt to poison the city of Oldsmar.

Vaccine passport is the new normal, but it comes with its own problems

Feb 9, 2021

Among those developing passports are biometrics company iProov and cyber security firm Mvine which have built a vaccine pass now being tested within Britain’s National Health Service after receiving UK government funding.

U.S. insurance asset sales attract new private equity players, strategies

Feb 9, 2021

Insurers inked 441 deals worth $25 billion in 2020, up from 356 deals worth about $22 billion the year before, according to data from Refinitiv. That momentum continued into January which was the most active month for insurance deal-making in 20 years, according to PricewaterhouseCoopers.

« Older Entries

Next Entries »

Briefs