Private Equity Turns to Heat Detectives as Climate Risks Intensify July 8, 2026 By Ishika Mookerjee Erratic weather is forcing private equity investors to scrutinize a new source of financial risk — whether assets in their...
Iran Tells UN It Has Right to Control ‘Parts’ of Hormuz Strait July 8, 2026 By Jack Wittels Iran told the United Nations’ shipping agency that it has authority over parts of the Strait of Hormuz, the waterway...
Ugandan Farmers to Challenge $5.6 Billion Pipeline in UK Lawsuit July 8, 2026 By David Herbling A group of Ugandan farmers will on Tuesday file a lawsuit in the UK High Court against the East African...
LNG Tanker at Risk of Exploding After Two Vessels Struck Near Strait of Hormuz July 7, 2026 By Andrew Mills, Maha El Dahan, Jonathan Saul and Marwa Rashad A Qatari LNG tanker was at risk of exploding and a Saudi-flagged crude oil tanker was damaged near the Strait...
ANV Completes Acquisition of London-Based Iris Insurance Brokers July 7, 2026 ANV Group Holdings Ltd. (ANV), the insurance intermediary platform, has completed the acquisition of Iris Insurance Brokers Ltd., a London-headquartered...
Banks’ Exposure to Heat-Related Losses Faces Scrutiny in EU July 7, 2026 By Frances Schwartzkopff Europe’s bank watchdog will look at how exposed lenders are to heat-related risks, as temperature records keep getting broken. The...
CFC Names Former Direct Line Exec Winslow as Group CEO, Succeeding O’Shea July 7, 2026 CFC, the London-based specialist MGA, announced the appointment of Adam Winslow as group chief executive officer. The current Group CEO...
Qatari LNG Ship Struck in Strait of Hormuz, Testing US Talks July 7, 2026 By Weilun Soon, Stephen Stapczynski and Salma El Wardany A Qatari liquefied natural gas carrier was hit and a laden Saudi oil tanker suffered damage as they exited the...
Financial Services’ AI Dangers Highlighted by UK Regulator’s Review July 7, 2026 By Phoebe Seers Britain’s financial regulator has been urged to consider regulation of large language models such as ChatGPT, Claude and Gemini because...
Flood Risk Doesn’t Matter as Bargain Houses Tempt NZ Buyers July 7, 2026 By Ainsley Thomson New Zealand’s flood-prone homes are outperforming the rest of the country’s moribund housing market, as buyers chase lower prices and...