Maersk Settles Rape Case That Raised Awareness of Struggles of Women Seafarers November 21, 2022 By Christian Wienberg A US unit of A.P. Moller-Maersk A/S said it settled a sexual assault lawsuit with a former employee, ending a...
FTX Collapse Shows Need to Regulate Crypto World: Bank of England November 21, 2022 By Marc Jones and Huw Jones The implosion of cryptocurrency exchange FTX shows the need to bring the crypto world within the regulatory framework, Bank of...
Tesla Safety Is Focus of South Korean Criminal Trial Over Fiery, Fatal Crash November 21, 2022 By Ju-min Park In an upscale Seoul neighborhood two years ago, a white Tesla Model X smashed into a parking lot wall. The...
Persistent ‘Underperformance’ at SCOR Prompts S&P Downgrade to ‘A+’ November 21, 2022 S&P Global Ratings announced that the rating agency is lowering the “AA-” financial strength and long-term issuer credit ratings for...
4 German Carmakers, Bosch Manipulated Emissions Software, Environment Group Says November 18, 2022 Germany’s top four carmakers and parts supplier Bosch knowingly broke rules when developing a type of emissions software, an environmentalist...
Chubb Gets Regulatory Nod to Raise Stake in China’s Huatai to 83.2% November 18, 2022 Chubb Ltd. announced it has received regulatory approval from the China Banking and Insurance Regulatory Commission to increase the company’s...
Explosive Residue Found at Site of Nord Stream Leaks, Confirming Sabotage: Sweden November 18, 2022 By Anna Ringstrom and Terje Solsvik Investigators have found traces of explosives at the site of the damaged Nord Stream gas pipelines, confirming sabotage had taken...
Taiwan’s Financial Services Firms Cut China Exposure by 20% to Record Low November 18, 2022 By Cindy Wang, Betty Hou and Chien-Hua Wan Taiwan’s financial institutions reduced their China exposure to a record low amid economic and political uncertainties, according to its top...
China’s Sunshine Insurance Gets Approval for $1 Billion IPO: Sources November 18, 2022 By Pei Li China’s Sunshine Insurance Group Co. has received approval from the Hong Kong stock exchange for an initial public offering that...
UK Government Pushes Forward With Long-Awaited Insurer Reforms November 18, 2022 By Katherine Griffiths and William Shaw After years of fraught debate between regulators, insurers and the Treasury, Jeremy Hunt confirmed Thursday that the government would push...