The chatter around artificial intelligence on earnings calls in Europe is scaling new peaks as even companies beyond technology-related sectors are embracing it to boost efficiency and competitiveness. Mentions of “AI” on fourth-quarter earnings calls of companies in the Stoxx …
In mountain ranges around the world, glaciers are melting as global temperatures rise. Europe’s Alps and Pyrenees lost 40% of their glacier volume from 2000 to 2023. These and other icy regions have provided freshwater for people living downstream for …
The closure of Britain’s Heathrow Airport is set to affect the global aviation system for days at a cost of tens of millions of dollars, experts say, posing questions about why better contingency planning was not in place at the …
MS Amlin, the Lloyd’s global re/insurer, has bound a reinsurance scheme that could provide up to €1 billion (US$1.1 billion) in cover annually for Ukraine’s small-and-mediums-sized enterprises (SMEs). The innovative scheme, developed in partnership with the European Bank for Reconstruction …
The Delta Air Lines Inc. plane that flipped over as it landed in Toronto last month was warned about its rate of descent, according to a preliminary report released Thursday by the Transportation Safety Board of Canada. The CRJ-900 regional …
Britain’s financial regulator fined the London Metal Exchange on Thursday for allowing nickel prices to surge out of control three years ago in the first ever enforcement action against a UK exchange. The Financial Conduct Authority imposed a penalty of …
Germany seized a decrepit tanker found adrift off its northern coast in January that is believed to be part of a shadow fleet used by Russia to circumvent oil sanctions, Spiegel news magazine reported on Friday, citing security sources. The …
Lloyd’s Register, the maritime society formed in a London coffee house in 1760, has put its modern glass headquarters up for sale as it prepares to move back into the property built to house it more than a century ago. …
The European Union’s law enforcement agency cautioned Tuesday that artificial intelligence is turbocharging organized crime that is eroding the foundations of societies across the 27-nation bloc as it becomes intertwined with state-sponsored destabilization campaigns. The grim warning came at the …
A secondary share offering for Brazilian insurance firm Caixa Seguridade was priced at 14.75 reais per share, the company said in a securities filing on Thursday, with the deal totaling about 1.22 billion reais ($216 million). The offering was made …
