Evergrande Liquidators Seek $8.4 Billion From PwC International in Hong Kong Court May 18, 2026 By Trista Xinyi Luo, Pearl Liu and Venus Feng China Evergrande’s liquidators are seeking 57 billion yuan ($8.4 billion) in their lawsuit against PricewaterhouseCoopers International Ltd. and its mainland...
UK Firms Should Take Steps to Limit Risks From Frontier AI Models, UK Says May 18, 2026 British companies should take steps to plan for and mitigate risks from new artificial intelligence models, the country’s finance ministry,...
Update: Disaster Resilience Investment Has Hit $100 Billion in Asia May 18, 2026 By Ishika Mookerjee Governments, investors and banks have poured about $100 billion into efforts to handle the effects of climate change in Asia...
Oil Tankers Transiting Strait of Hormuz Since Start of Iran War May 15, 2026 By Ruth Chai and Florence Tan The U.S. has maintained a blockade of Iranian ports, while Iran lifted and then reimposed its own blockade on marine...
Allianz’s PIMCO, L&G Sued in Scrap Over €1.2 Billion Brussels Tower May 15, 2026 By Lucca de Paoli and Jack Sidders PIMCO and Legal & General Group Plc have been accused of placing “undue pressure” on property valuers in a bitter...
Finland’s First Drone Scare Near Helsinki Disrupts Flights May 15, 2026 By Kirsi Heikel Finland warned the public of drones possibly entering its airspace, for the first time near Helsinki, in the early hours...
Stomach Bugs, Not Hantavirus, Are the Bigger Threat on Cruises May 15, 2026 By Annika Inampudi and Ignacio Gonzalez Stomach bugs on cruise ships recently hit a nearly two-decade high as more people than ever board the vessels, underscoring...
Iran’s Threats to Hormuz Undersea Cables Highlight Vulnerabilites of Data Chokepoints May 15, 2026 By Meredith Primrose Jones Early this week, Iranian state-linked media floated a plan to charge the operators of undersea internet cables in the Strait...
Bank of Canada Sees AI as Possible Boost to Country’s Ailing Productivity May 15, 2026 By Erik Hertzberg The Bank of Canada struck an optimistic tone on the economic impact of artificial intelligence, arguing that widespread adoption of...
Brookfield Merges Insurance Unit as Flatt’s Overhaul Takes Hold May 14, 2026 By Layan Odeh Brookfield Corp. is merging its shares with those of its insurance business as the firm pushes ahead with plans to...