Allianz Global Investors Aims to Raise $1B for Fund Focusing on Climate Resilience November 3, 2022 Allianz Global Investors on Wednesday said it is looking to raise $1 billion for its third blended finance debt fund,...
China Orders Fresh Lockdown in Industrial Park Around Major Apple iPhone Plant November 3, 2022 By Brenda Goh and Yimou Lee China ordered an industrial park that houses an iPhone factory belonging to Foxconn 2317.TW to enter a seven-day lockdown on...
Lloyd’s Insurer Ascot Resumes Quoting Cargo Insurance for Black Sea Grain Shipments November 2, 2022 Lloyd’s of London insurer Ascot is once again quoting on its cargo insurance facility for the Black Sea grain corridor,...
French Defense Group Thales Says Hackers Claim to Have Stolen Data November 2, 2022 French defense and technology group Thales said on Tuesday the hacker group LockBit 3.0 claimed to have stolen some of...
Russia Says it Will Resume Participation in Ukraine Grain Deal November 2, 2022 By Ali Kucukgocmen and Pavel Polityuk Russia said on Wednesday it would resume its participation in a deal freeing up grain exports from war-torn Ukraine, reversing...
China’s Regulators Commit to Growth and Reforms, Seeking to Allay Foreign Concerns November 2, 2022 China’s top financial regulators said on Wednesday that economic growth remains a priority and reforms and liberalization would continue, seeking...
People Moves: Chaucer Taps AXA XL’s Tuggey to Lead Cyber; LSM Appoints Chubb’s Vince for Broker Mgmt; QBE Int’l Names Stokoe, Fuller to Exec Board, Expanding Roles November 2, 2022 This edition of International People Moves details appointments at Chaucer, Liberty Specialty Markets, and QBE International. A summary of these...
Hong Kong Scraps Market Trading as Storm Nalgae Draws Near November 2, 2022 By Sarah Zheng Hong Kong closed its $4 trillion stock market early as severe tropical storm Nalgae moved closer on a day when...
Ardonagh Advisory Acquires UK Consultant, Stallard Kane Group November 2, 2022 Ardonagh Advisory Holdings Ltd., a subsidiary of The Ardonagh Group, announced it has acquired Stallard Kane Group Ltd. (SKG), a...
Insurers Stop Offering Cargo Insurance for Ukraine Grains Shipments: Sources November 2, 2022 By Jonathan Saul and Carolyn Cohn Insurers are no longer offering new cargo insurance cover for shipments out of Ukraine through a U.N.-backed safe corridor after...