Parade of Probes Underway to Pin Blame for Britain’s Blackout August 20, 2019 By Jeremy Hodges and William Mathis The lightning strike that triggered Britain’s biggest blackout in more than a decade has also spawned a flurry of investigations...
UK’s Legal & General Is Divesting Exxon Shares Over Climate Change June 24, 2019 By Kelly Gilblom and William Mathis One of Britain’s biggest fund managers started selling shares in Exxon Mobil Corp., saying America’s largest oil company isn’t doing...
Finnish Software Firm Basware Confirms Takeover Bid, Backed by Investors Including Ping An November 20, 2018 By Manuel Baigorri, Aaron Kirchfeld and William Mathis Finnish software maker Basware confirmed the unsolicited takeover approach it received was from payment-technology startup Tradeshift Holdings Inc. The indicative...
Patisserie Holdings’ CFO Arrested as UK Fraud Office Probes Accounting Scandal October 12, 2018 By William Mathis Patisserie Holdings Plc finance chief Chris Marsh was arrested as U.K. fraud prosecutors opened a probe into an accounting scandal...
Trade Credit Insurance Could Get Boost from Trade War July 6, 2018 By William Mathis Trade tensions sound like a great opportunity to underwriters of a little-known insurance product. U.S. President Donald Trump set off...
Beware ‘Tsunami’ Effect of Artificial Intelligence, Warns Allstate CEO Wilson June 29, 2018 By William Mathis Artificial intelligence is coming for the service economy, according to Allstate Corp. Chief Executive Officer Tom Wilson. “It’s going to...
Autonomous Cars to Bring Shift But Not Big Decline in Insurance: Report June 15, 2018 By William Mathis It turns out robots need insurance too. As driverless vehicles reduce car ownership in coming years, insurers may not face...