Brazil Court Backs Government in $24B Tax Dispute; Ruling Hits Insurers, Banks, Brokers June 13, 2023 A majority of judges on Brazil’s Supreme Court voted on Monday to back tax authorities in a judgment on how...
Canadian Wildfires Shutter Sawmills, Drive Up Lumber Prices June 13, 2023 By Rod Nickel Canada’s worst-ever spring wildfire season has forced its forestry industry to shutter sawmills, driving up lumber prices and setting production...
Major Oil And Container Ports Shut as Severe Storm Nears India June 13, 2023 By Rajesh Kumar Singh and Kevin Varley Major oil and container ports have shut in India as a severe cyclone tracks toward the nation’s west coast near...
EU Regulators Could Demand That Google Sell Part of Ad-Tech Business: Source June 13, 2023 By Foo Yun Chee European Union antitrust regulators may order Alphabet Inc.’s Google to sell a part of its advertising-technology business, a source with...
UK Communications Regulator Ofcom Says Hackers Stole Confidential Data June 13, 2023 By Thomas Seal The hackers responsible for the MOVEit cyberattack downloaded confidential information from UK communications regulator Ofcom about companies it regulates, as...
People Moves: Everest Insurance Names Industry Veteran Laval as Chief Commercial Officer, Int’l; Sompo Taps SiriusPoints’ Cramér Manhem for Europe Board of Directors June 12, 2023 This edition of International People Moves details appointments at Everest Insurance and Sompo International. A summary of these new hires...
R&Q Announces Capital Raise of $50M-$60M, Completes Reorganization June 12, 2023 R&Q Insurance Holdings, (R&Q) the non-life speciality insurer that focuses on program management and legacy insurance business, announced a capital...
Severe Cyclone Expected to Hit India’s West Coast, South Pakistan on Thursday June 12, 2023 By Rajendra Jadhav A storm off India’s west coast has strengthened to become a powerful cyclone and could hit India’s western state of...
BioNTech Faces First German Lawsuit Over Alleged COVID-19 Vaccine Side Effects June 12, 2023 By Ludwig Burger and Patricia Weiss BioNTech will go to court on Monday to defend itself against a lawsuit from a German woman who is seeking...
War in Ukraine Prompts Hike in Cyber Attacks on German Businesses June 12, 2023 By Agatha Cantrill More than one in 10 German companies were the victim of a cyberattack last year, according to a new study,...