U.S. Supreme Court to Hear if Arab Bank Is Financially Liable for Terrorist Attacks April 4, 2017 By Andrew Chung The U.S. Supreme Court on Monday agreed to consider reviving litigation seeking to hold Arab Bank Plc financially liable for...
Update: Death Toll Rises, Dozens Injured in Russia Subway Terror Attack April 3, 2017 By Henry Meyer and Ilya Arkhipov A subway bombing in St. Petersburg killed 11 people and injured dozens more during a hometown visit by President Vladimir...
Global Momentum to Curb Climate Change Proceeds Despite Trump: UN April 3, 2017 Governments have created “worldwide momentum” to slow climate change despite threats by U.S. President Donald Trump to pull out of...
CFC Underwriting Upgrades Global Cyber Product April 3, 2017 Specialist lines underwriting agency, CFC Underwriting, has launched a revamped and upgraded cyber insurance product for global markets. The new...
New Zealand Eyes Revamping Building Standards After November Quake April 3, 2017 By Nick Perry New Zealand’s government said Friday [March 31] the partial collapse of a modern office building’s interior during an earthquake last...
City of London Will Survive Brexit – Even if Many Jobs Move to Continent: Official April 3, 2017 By Andrew MacAskill and Huw Jones The City of London should emerge largely unscathed from Brexit even though thousands of banking and insurance jobs could move...
Australia Floods in Wake of Cyclone Debbie Kill 4, Disrupt Mining April 3, 2017 By Jamie Freed and Tom Westbrook Damage to rail lines in cyclone-hit northeast Australia is set to disrupt exports of the steel-making material from the world’s...
Uber’s Biggest SE Asia Rival, Grab, Buys Indonesian E-Commerce Platform April 3, 2017 By Yoolim Lee Grab, Uber Technologies Inc.’s biggest rival in Southeast Asia, will acquire Indonesian e-commerce startup Kudo for an undisclosed amount, striking...
Madoff Deals in Locked Safe a Focus of UK Lawsuit Seeking Damages of $66M March 31, 2017 By Patrick Gower Principal Financial Group Inc. accused the managers of Liongate Capital Management LLP of hiding investments with Bernie Madoff while negotiating...
Allianz Insurance Launches Live Video Streaming Platform for Property Claims March 31, 2017 Allianz Insurance, the U.K.-based subsidiary of Allianz SE, has launched a video streaming platform called Allianz Site View, which is...