Daihatsu Loses Certification for Three Cars After Safety Scandal January 16, 2024 By Nicholas Takahashi The Japanese government has revoked certification for three Daihatsu Motor Co. vehicles after an investigation found the Toyota Motor Corp....
Repsol Sued in Class Action for $1 Billion Over Peru’s Worst Oil Spill January 16, 2024 By Marcelo Rochabrun Repsol SA is being sued for $1 billion by an English law firm representing around 35,000 alleged victims for its...
US Merchant Vessel Struck by Anti-Ship Missile as Shippers Told to Avoid Red Sea January 16, 2024 By Alex Longley Houthi militants hit a US-owned commercial vessel with an anti-ship ballistic missile on Monday, underscoring warnings that the world’s most...
Ukraine in Talks With Marsh on War Risk Insurance for Air Transport January 15, 2024 Ukraine is discussing military risk insurance for air transportation with insurance broker Marsh and consulting firm Oliver Wyman, Ukraine’s National...
Houthi Attacks on Shipping in Red Sea Persist; U.S. and Allies Strike Back January 12, 2024 The United States and Britain carried out strikes from the air and sea against Houthi military targets in Yemen in...
Brexit Has Cost UK More Than $178 Billion so far: London Mayor January 12, 2024 By David Milliken Britain’s departure from the European Union has reduced the size of its economy by 6% so far – an annual...
Bank of England May Tighten Up Life Insurers’ Use of Offshore Reinsurance January 12, 2024 The Bank of England may tighten supervision of life insurers’ use of the “funded reinsurance” market, typically alternative asset managers...
Plastic Pellet Spill Unleashes Cleanup Nightmare on Spain’s Coast January 12, 2024 By Laura Millan Tiny white plastic pellets are washing ashore in Spain’s northwestern coast by the millions, with hundreds of volunteers leading the...
Ex UK Goldman Sachs Manager Seeks $1.27M Over Harm From ‘Dysfunctional’ Workplace January 12, 2024 By Kirstin Ridley A former senior Goldman Sachs manager is seeking around 1.0 million pounds ($1.27 million) from the Wall Street bank in...
Australia’s Usual Summer of Wildfires Is Now Being Soaked by Prolonged Wet Weather January 12, 2024 By Keira Wright and Ben Westcott Australians bracing for a return of scorching heat and wildfires are instead battling a prolonged deluge of rain across the...