Europe Automakers Will Not Challenge 2035 Fossil-Fuel Car Ban, Industry Group Says February 27, 2024 By Gilles Guillaume Europe’s automakers will not challenge the European Union’s decision to effectively ban fossil-fuel vehicles as of 2035 no matter who...
Damaged Subsea Cable in Red Sea Highlights Telecom Vulnerability February 27, 2024 By Olivia Solon A subsea cable off the coast of Yemen that connects Europe to India has been damaged, and the telecommunications carrier...
Tesla to Fix Software in 8,700 vehicles in China Product Recall, Regulator Says February 27, 2024 China’s market regulator said on Friday that Tesla Inc. would fix software in 8,700 vehicles to reduce the chance of...
Lockbit Cybercrime Gang Says It Is Back Online Following Global Police Bust February 27, 2024 By James Pearson Lockbit, the cybercrime gang that was knocked offline by a comprehensive international police operation earlier this month, says it has...
Bank of England Builds ‘Proactive Case’ to Regulate Non-Bank Sector February 26, 2024 By Huw Jones Regulators need broader oversight of financial firms to prevent a crisis in the vast non-bank sector turning into a credit...
Germany Passes Law Legalizing Personal Use of Cannabis February 26, 2024 By Iain Rogers German lawmakers approved a controversial bill legalizing personal use of cannabis, paving the way for controlled consumption of the drug...
People Moves: QBE Promotes Shallow to Executive Director for International Markets; DUAL UK Taps Allianz’s Dixon as CUO, AXA’s Corner as Chief Distribution Officer February 26, 2024 This edition of International People Moves details appointments at QBE’s International Markets division and Howden’s DUAL. A summary of these...
Trinidad and Tobago’s Government Confirms Fuel Oil Is Leaking off Tobago’s Coast February 26, 2024 Trinidad and Tobago’s government on Friday confirmed the refined product leaking from a barge that struck a reef and overturned...
Risk Models Behind Insurance-Linked Securities Are Getting a Lot Harder to Crack February 26, 2024 By Gautam Naik and Sheryl Tian Tong Lee As the best hedge fund strategy of 2023 becomes a magnet for mainstream investors, the risk models it relies on...
Houthi Attack on Ship Led to ‘Environmental Disaster,’ US Says February 26, 2024 By John Harney The missile attack by Houthi militants on a ship carrying a cargo of fertilizer has led to an “environmental disaster”...