Global Accounting Rule Ends Leeway Over Operating Profit April 9, 2024 By Huw Jones Companies will have to publish standardized operating profit figures from 2027 under new requirements from a global accounting rulesetter to...
Suncor’s Syncrude Canada to Pay C$390,000 After Worker Fatality April 9, 2024 By Nia Williams Oil sands producer Syncrude Canada, majority-owned by Suncor Energy, will pay C$390,000 ($287,187.04) after pleading guilty to a health and...
European States Sign Pledge to Protect North Sea Infrastructure April 9, 2024 By Sudip Kar-Gupta Britain and other major European countries with maritime borders on the North Sea on Tuesday signed an agreement to work...
Pressure Grows on Swiss Insurer Baloise to Change Voting Rules April 8, 2024 Shareholder pressure is growing on insurer Baloise to change its voting rules, with influential proxy adviser Glass Lewis backing one...
Greece Invests Over €2 Billion to Fight Climate Change Effects April 8, 2024 By Paul Tugwell and Sotiris Nikas Greece is investing €2.1 billion ($2.27 billion) to protect the nation from natural disasters caused by climate change as wildfires...
Women in UK Financial Services Earn One-Third Less Than Male Colleagues: Data Show April 8, 2024 By Sinead Cruise and Carolyn Cohn Some of Britain’s top financial firms pay women 28.8% less on average than male counterparts, salary data from 21 companies...
Zurich Insurance to Halt Coverage of New Fossil-Fuel Exposures April 8, 2024 By Myriam Balezou and Gautam Naik Zurich Insurance Group AG will no longer underwrite new oil and gas projects, and is cracking down on clients planning...
How Three European Human Rights Cases Could Shape Climate Litigation April 8, 2024 By Gloria Dickie and Emma Farge Does government inaction on climate change violate human rights? That is the question the European Court of Human Rights will...
Taiwan Property Insurers Likely to Remain Profitable Despite Quake Losses: GlobalData April 5, 2024 The 7.2 magnitude earthquake that struck Taiwan’s east coast on April 3 caused substantial damage, particularly in Hualien with collapsed...
High Insurance Premiums Are the Latest Thing Weighing on China’s EV Market April 5, 2024 By Yihui Xie In another setback for electric car demand in China, where uptake has slowed in recent months, some drivers are now...