Argentine soccer player Emiliano Sala and his pilot were exposed to dangerous levels of carbon monoxide before their small plane crashed in the English Channel, killing them both, British accident investigators said Wednesday. A single-engine Piper Malibu aircraft carrying Sala …
Natural catastrophes and man-made disasters in the first half of 2019 were responsible for USD $44 billion of economic losses globally, according to Swiss Re Institute’s preliminary sigma estimates. This figure is well below USD $109 billion, the average first-half …
Catastrophe risk modeling firm AIR Worldwide estimates insured losses in China from Typhoon Lekima will exceed CNY 6 billion. Lekima made landfall in Taizhou, Zhejiang, China, at 2 a.m. on August 10 local time, with JMA-estimated 1-minute sustained wind speeds …
The European Central Bank (ECB) shut down one of its websites on Thursday after it was hacked and infected with malicious software. The ECB said no market-sensitive data had been compromised during the attack on its Banks’ Integrated Reporting Dictionary …
London-listed litigation funder Burford Capital said it has found evidence of suspect trading patterns in its shares around the time short-seller Muddy Waters issued a report challenging the company’s accounts last week. Burford said an investigation by the fund and …
Opposition parties launched rival campaigns to topple Prime Minister Boris Johnson and stop him taking Britain out of the European Union without a deal, illustrating fractures in the anti-Brexit movement that make neither scheme likely to succeed. Johnson has promised …
Severe tropical storm Krosa lashed western and southern Japan with torrential rain and wind, causing Japan Airlines Co. and All Nippon Airways to cancel hundreds of domestic and international flights, and some train lines to halt services. Some factories in …
Machines are taking over a giant Chilean copper mine, replacing about a third of the workforce as owner Codelco struggles to keep its title as the world’s largest producer of the metal. Codelco officially inaugurated underground operations at its century-old …
As scientists warn that Greenland is melting at a record pace, the island is relying on emergency services from outside its borders to help it extinguish a wildfire. Denmark will send 38 firefighters to Greenland to help put out a …
Liberty Global Transaction Solutions (GTS) has named Jugdeep Singh as head of Tax, based in London. Singh will manage the Liberty GTS international tax liability insurance team for tax risks related to merger and acquisition transactions, restructurings and other bespoke …
