Taiwan’s top financial regulator resigned in an effort to contain the fallout from the controversy over anti-money laundering failings at Taipei-based Mega Financial Holding Co. In a statement posted Monday on the Financial Supervisory Commission’s website, Chairman Ding Kung-wha said …
Haiti and Jamaica urged residents in vulnerable coastal areas to evacuate, and Cuba suspended flights on Sunday as torrential rain from Hurricane Matthew, the strongest storm to menace the Caribbean nations since 2007, drenched the Jamaican capital. Matthew’s slow-moving center …
Hurricane Matthew has strengthened into a Category 3 hurricane on the Saffir-Simpson Wind Scale while moving west- southwestward over the Caribbean Sea, the U.S. National Hurricane Center (NHC) said on Friday. Matthew was located about 495 miles (800 kilometers) southeast …
Bermuda-based specialty insurer Argo Group International Holdings announced the appointment of Jose A. Hernandez to lead the company’s international business, which includes all insurance and reinsurance operations outside of the U.S. Hernandez joins Argo from American International Group where he …
European Union nations agreed to a fast-track ratification by the 28-member bloc of the Paris climate agreement, a step that could enable the most sweeping accord to combat global warming to come into force next month. The European Parliament, whose …
All five bidders seeking to bail out Japan’s beleaguered Takata Corp. have presented restructuring plans that require the air bag maker to file for bankruptcy protection, people with knowledge of the process told Reuters. But some Japanese creditors have opposed …
Europe’s food safety watchdog will release data from some of the scientific studies it reviewed in its assessment of glyphosate, an ingredient in Monsanto’s widely used herbicide Roundup and subject of a fierce row over possible cancer risk. The European …
A U.S. law allowing lawsuits against Saudi Arabia over the Sept. 11 attacks met a stony silence from Riyadh on Thursday but some Saudis bristled, saying the kingdom should curb business and security ties in response. The Senate and House …
Insured losses on mainland China from September’s Typhoon Meranti are expected to fall between $650 million (CNY 4.3 billion) and $1.15 billion (CNY 7.7 billion). According to catastrophe modeling firm AIR Worldwide, the wide range in its modeled insured losses …
Business development managers at Chinese state-owned firms have been put on notice: mess up on M&A deals and you can be held personally liable – for life. Under new rules unveiled by China’s State Council, or cabinet, last month, managers …
