Thai-Chinese Firm Denies Flouting Safety Measures in Probe of Skyscraper Collapse April 23, 2025 By Jintamas Saksornchai A Thai-Chinese company denied Monday allegations its steel rods did not pass safety standard tests after nationwide criticism prompted an...
Top Japanese Firms Scrap Employment System That Held Women Back April 23, 2025 By Nao Sano Japan’s biggest financial firms are abolishing decades-old employment practices that kept women off the corporate ladder. Nippon Life Insurance Co.,...
WEF Launches Probe Into Founder Schwab Over Whistleblower Allegations April 23, 2025 The World Economic Forum announced on Tuesday that it has launched an investigation into its founder, Klaus Schwab, following a...
British Food and Clothing Group M&S Discloses Cyber Incident April 23, 2025 Britain’s Marks & Spencer said on Tuesday it has been managing a cyber incident over the past few days, and...
IMF Slashes Global Outlook as White House Says Trade Talks Pick Up Pace April 23, 2025 By Andrea Shalal and David Lawder Worldwide economic output will slow in the months ahead as U.S. President Donald Trump’s steep tariffs on virtually all trading...
BOE’s Greene Says US Tariffs Pose Disinflation Risks for UK April 22, 2025 By Francine Lacqua and Tom Rees Megan Greene, one of the Bank of England’s most hawkish policymakers, said Donald Trump’s wave of global tariffs is more...
People Moves: Conduit Names Pritchard Interim CUO, as Roberts Steps Down April 22, 2025 CHL, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurance business, announced the appointment of Nick Pritchard as...
Japanese Insurer MS&AD Plans to Invest as Much as $5 Billion to Double US Profits April 22, 2025 By Nao Sano and Taro Fuse MS&AD Insurance Group Holdings Inc. plans to invest as much as about ¥700 billion ($5 billion) to expand in the...
Swiss Insurers Helvetia and Baloise to Merge to Create Top 10 Company April 22, 2025 By John Revill Helvetia and Baloise plan to merge to create Switzerland’s second-largest insurance group with a combined business volume of 20 billion...
Global Natural Disasters Cost Insurers $53B in Q1, With Economic Losses of $83B April 21, 2025 By L.S. Howard Global natural catastrophes had an insured price tag of more than $53 billion during the first quarter of 2025 –...