Articles by Angelina Rascouet, Tara Patel and Claudia Cohen

Hermes Family in Talks to Invest in French Insurer Albingia

A family office backed by members of the Hermes fortune are among the likely buyers of French insurer Albingia, in an investment that signals a goal to diversify their wealth away from luxury. Krefeld Invest, the family office of heirs …

Tiffany’s New York City’s Flagship Store Escapes Damage From Nearby Fire

Smoke that billowed outside Tiffany & Co.’s New York flagship location on Thursday morning was from a transformer that caught fire underneath the sidewalk, according to the city’s fire department. The smoke didn’t enter the building, according to Richard Blasi, …

5G Mobile Networks Jeopardize Future Storm Forecasts, Claim Weather Agencies

Weather agencies are warning that signals from new 5G mobile networks will make it harder to predict and track deadly storms, as the fiercest hurricane in more than 80 years tore across the Bahamas to threaten the U.S. East Coast. …

Update: Tropical Storm Earl Set to Become a Hurricane as It Heads to Belize

Tropical Storm Earl, forecast to grow into a hurricane, may just graze Mexico’s oil-rich Bay of Campeche as it heads west toward the Honduras Bay Islands before making landfall in Belize within the next 24 hours. Earl was 265 miles …

Attempts Made to Disguise Iranian Oil Near U.A.E., Say Marine Insurers

Attempts are being made near the United Arab Emirates’ coast to disguise oil from Iran so that it can be sold to countries that are blocked by the U.S. from purchasing such shipments, global ship insurers said. “In recent weeks …