Hedge Funds, Insurers Rush to Gauge Exposure as Iran Spirals March 2, 2026 By Bei Hu, Betty Hou and Cathy Chan Hedge funds, banks and insurers rushed to size up their exposure to the Middle East after weekend attacks on Iran...
Travel Chaos Worsens as Iran Conflict Shuts Mideast Airports March 2, 2026 By Leen Al-Rashdan Travel chaos extended through the Middle East and beyond, sending airline stocks sharply lower on Monday, as carriers across the...
Waiting for Hormuz, More Oil Tankers Gather in the Persian Gulf March 2, 2026 By Weilun Soon Dozens of laden oil tankers are hunkering down inside the Persian Gulf after attacks near the Strait of Hormuz have...
Belgium Seizes Suspected Russian Shadow Fleet Tanker March 2, 2026 Belgium seized an oil tanker belonging to the Russian shadow fleet on Sunday and suspected of sailing with a “false...
Marine Insurers Cancel War Risk Cover as Iran Conflict Escalates March 2, 2026 By Emily Chow and Jeslyn Lerh Marine insurers are canceling war risk coverage for vessels and oil shipping rates are set to surge further after the...
UK Appoints Barclays Executive as Top Bank of England Regulator February 27, 2026 By David Milliken and William James Britain’s government on Friday appointed a former regulator and current Barclays BARC.L executive, Katharine Braddick, as the Bank of England’s...
Zurich Insurance Said to Near Beazley Deal Funded by Equity Sale February 27, 2026 By Aaron Kirchfeld, Pablo Mayo Cerqueiro and Leonard Kehnscherper Zurich Insurance Group AG is nearing an agreement to acquire UK specialty insurer Beazley Plc and raise billions of dollars...
After Hedge Fund Interest, UK’s Flood Re Plans More Cat Bonds February 27, 2026 By Olivia Rudgard and Alastair Marsh Britain’s ultimate backstop against flood-related losses is planning to rely more on the capital markets, after its first ever catastrophe...
How China Is Masking Drone Flights in Potential Taiwan-Invasion Rehearsal February 27, 2026 By Greg Torode A large Chinese military drone has conducted regular flights over the South China Sea in recent months while transmitting false...
Heavy Rains Kill Dozens in Southeast Brazil as Flood Risks Mount February 27, 2026 By Gabriel Diniz Tavares Heavy rains that began Monday night have left dozens dead and caused widespread destruction in southeastern Brazil, exposing a longstanding...