Insurer QBE Faces Investor Pressure Over Extreme Weather Risks May 5, 2026 By Amy Bainbridge and Ishika Mookerjee Australian Ethical Investment Ltd., a pension fund with about A$14 billion ($10 billion) under management, is pressuring QBE Insurance Group...
Oil Tanker Pricing Feud Embroils Centuries-Old London Market May 5, 2026 By Jack Farchy, Archie Hunter and Sherry Su A legal claim from one of the world’s largest oil traders is throwing a spotlight on an arcane but critical...
Ships Cluster Further From Hormuz Strait as Iran Widens Grip May 5, 2026 By Weilun Soon Hundreds of vessels were seen clustering near Dubai on Tuesday, as more ships moved away from a still-empty Strait of...
Middle East Truce in Doubt as US and Iran Launch New Attacks for Control of Hormuz May 5, 2026 A fragile truce in the Middle East was under strain on Tuesday after the U.S. and Iran exchanged fire in...
UK Court Orders Samsung to Pay China’s ZTE a $392M Lump Sum After Patent Trial May 4, 2026 Samsung Electronics must pay a $392 million lump sum for a license to use ZTE’s patents for mobile phones, London’s...
Hedge Fund Fermat Invests in First-of-a-Kind Catastrophe Bonds May 4, 2026 By Ishika Mookerjee and Gautam Naik Fermat Capital Management has invested in the Asian Development Bank’s first-ever catastrophe bonds, designed to shield Kyrgyzstan and Tajikistan against...
US Says it Has Missile Destroyers in Gulf and 2 American Ships Have Crossed Hormuz May 4, 2026 By Parisa Hafezi, Ahmed Tolba and Idrees Ali The U.S. military said two U.S. Navy guided-missile destroyers had entered the Gulf to break an Iranian blockade and that...
Hantavirus Outbreak on Cruise Ship Leaves 3 Dead, WHO Says May 4, 2026 By Jason Gale Three people have died and one is in intensive care in South Africa after a cluster of hantavirus infections linked...
China’s Unprecedented Defiance of US Sanctions Triggers Showdown May 4, 2026 By Bloomberg News China has ordered its companies to ignore US sanctions, an unprecedented act of defiance that threatens to trap a vast...
Baltic Exchange Denies Mercuria’s Allegations Over Hormuz Freight Losses May 4, 2026 The Baltic Exchange, the world’s top provider of benchmark shipping indices, has denied allegations from Mercuria that some of its...