Telegram Lawyer Says Investigation Into CEO Durov Is ‘Absurd’ August 29, 2024 By Gabriel Stargardter and Ingrid Melander A lawyer for Telegram boss Pavel Durov, who is the target of an unprecedented investigation in France, said on Thursday...
Captain of Sunken Superyacht Declines to Answer Prosecutors’ Questions, Lawyer Says August 29, 2024 The captain of a superyacht that sank during a storm off Sicily last week, killing seven people, decided not to...
Hedge Fund Fermat Says Returns Took a Hit Amid Catastrophe Bond Selloff August 29, 2024 By Gautam Naik Fermat Capital Management, one of the world’s biggest investors in catastrophe bonds, says anxiety about this year’s hurricane season has...
Romanian Government Plans Drought Insurance Scheme for Farmers August 29, 2024 The Romanian government plans to approve an insurance system for agricultural land as part of a series of measures to...
EU Mission in Red Sea Says no Oil Spill From Tanker Damaged in Houthi Attack August 29, 2024 By Jana Choukeir The European Union’s mission in the Red Sea said on Wednesday there was no oil spill in the waters near...
Houthis Say Tugs Can Tow Away Stricken Oil Tanker Attacked in Red Sea August 29, 2024 By Mohammed Hatem Yemen’s Houthi militants said they’ll let tugboats tow away an oil tanker that they attacked last week in the Red...
Millions Evacuated as Typhoon Slams Southwest Japan, Halting Flights and Factories August 29, 2024 By Satoshi Sugiyama Millions of people were told to evacuate from their homes as Typhoon Shanshan lashed southwest Japan with strong winds and...
Red Sea Insurance Nearly Doubles After Attacked Oil Tanker Appears to Be Leaking Oil August 28, 2024 By Jonathan Saul and Mohammed Ghobari The cost of insurance for ships sailing through the Red Sea has nearly doubled after Yemen’s Houthis attacked a tanker...
Cybercrime and Sabotage Cost German Firms $300 Billion in Past Year August 28, 2024 Cybercrime and other acts of sabotage have cost German companies around 267 billion euros ($298 billion) in the past year,...
Insured Losses From Canada’s Jasper Wildfire Surpass C$880 Million August 28, 2024 This summer’s devastating wildfire in Jasper, Canada resulted in more than C$880 million (US$653.4 million) in insured damage, according to...