Experts Race to Salvage Leaking Oil Tanker Grounded Off Oman August 13, 2026 By Weilun Soon and Ahmed Elimam Specialists are racing to salvage a sinking shadow-fleet tanker off Oman that has caused a massive oil slick, with rough...
Iran Battles Oil Spill Near Key Persian Gulf Island of Qeshm August 13, 2026 By Charles Gorrivan, Patrick Sykes and Prejula Prem Iran is battling an oil spill off Qeshm Island, underscoring the environmental risks posed by attacks on tankers in the...
Australia Sets ‘World-Leading’ Minimum Pay, Insurance Rules for Gig Delivery Workers August 13, 2026 Australia’s industrial umpire has approved new minimum standards requiring food and grocery delivery workers to be paid hourly rates above...
Heatwaves Could Cost France €10 Billion-€15 Billion, Environment Minister Says August 12, 2026 The heatwaves that have hit France in recent months could result in €10 billion to €15 billion ($17 billion) in...
Putin Threatens Retaliation Over EU Moves to Seize Russian Ships August 12, 2026 By Bloomberg News Russian President Vladimir Putin threatened to retaliate against any European Union moves to seize his country’s commercial ships, calling such...
Viewpoint: Is it Time to Rethink the ‘Secondary-Peril’ Label and Reclassify Risk? August 12, 2026 By Vikas Wadhera As climate events intensify, exposure is expanding, and loss severities from secondary perils, such as convective storms, wildfires, floods and...
HSBC Global Insurance Business Head Moncreiffe to Leave, Sources Say August 12, 2026 By Selena Li and Sumeet Chatterjee HSBC’s global chief executive for insurance business, Edward Moncreiffe, is set to leave the bank after two decades with the...
AI’s Volatile Power Demand Is Damaging Its Own Data Centers August 12, 2026 By Naureen S. Malik Rapid swings in AI data centers’ power demands are straining vital equipment, causing batteries, generators and cooling systems to malfunction...
Rhine River Shipping Stalls as Water Level Hits Record Low August 12, 2026 By Eamon Akil Farhat, Rachel Graham and Sasha Draeger-Mazer Water levels on the Rhine river are dwindling further, with no relief in sight, forcing companies that rely on the...
German Drivers Accelerate Switch to EVs Due to Middle East War August 12, 2026 By Sasha Draeger-Mazer More German drivers than ever are switching to electric vehicles due to the jump in fuel prices triggered by the...