Saudi Arabian Fintech Firm Rasan Plans to Sell 30% Stake in Riyadh IPO May 8, 2024 By Julia Fioretti Saudi Arabian fintech firm Rasan intends to sell a 30% stake in its Riyadh initial public offering, making it one...
Typhoon Season in Northwest Pacific Seen Less Active Than Normal May 8, 2024 By Bloomberg News Typhoon activity in the Northwest Pacific region is expected to be about 20% below normal this year, forecaster Tropical Storm...
World Extends Run of Heat Records for 11th Month in a Row May 8, 2024 By Eamon Akil Farhat April was the Earth’s 11th consecutive month of record-breaking heat, with warmer weather already sweeping across Asia and a hotter-than-usual...
Full Repairs to Damaged Red Sea Internet Cables Delayed by Yemen Political Splits May 8, 2024 By Mohammed Hatem and Olivia Solon Full repairs to three submarine internet cables damaged in the Red Sea in February are being held up by disputes...
El Niño Sees African Union Insurance Agency Pay Out $60 Million May 7, 2024 By Antony Sguazzin The African Union’s climate insurance agency will pay out at least $60 million to four southern African nations to help...
Specialist Casualty MGA Casper Secures New Capacity Partners, Chaucer and TMK May 7, 2024 Casper Specialty UK Ltd., the casualty-focused MGA and independent sister company to the broker Miller, announced it had secured two...
Acrisure Expands UK Footprint With Two Deals in Southern England May 7, 2024 Acrisure, the Grand Rapids, Michigan-based insurance broker and fintech specialist, announced it has completed two acquisitions, expanding its southern England...
Australia’s Qantas to Pay $79M to Settle Flight Cancellation Case May 7, 2024 By Byron Kaye and Poonam Behura Australia’s Qantas Airways agreed to pay A$120 million ($79 million) to settle a regulator lawsuit over the sale of thousands...
EU Aims to Target 11 Russian Ships Involved in Sanctions-Busting May 7, 2024 By Alberto Nardelli The European Union has proposed restrictions on 11 vessels that contribute to Russia’s ability to sustain its war against Ukraine....
HSB Opens Office in the Kingdom of Saudi Arabia May 7, 2024 HSB announced the opening of a new office location in Al-Jubail, Saudi Arabia, on May 6. “One of our strategic...