Viewpoint: Somali Piracy Is Back – Fueled by Political Turmoil, Aid Cuts and Iran War May 29, 2026 By Anja Shortland and Federico Varese On the evening of April 26, the Egyptian merchant vessel Sward was hijacked by armed men a few miles off...
Extreme Heat Could Cost Germany up to $131 Billion by 2030, Analysis Shows May 29, 2026 Extreme heat could cost Germany up to $131 billion by 2030 and shave up to 3% off economic output if...
Insurance Australia Settles in Greensill Federal Court Case May 29, 2026 By Adam Haigh Insurance Australia Group Ltd. said it has agreed to a settlement of proceedings brought by Greensill Bank AG and its...
Temu Fined €200 Million by EU Over Dangerous Toys, Chargers May 29, 2026 By Gian Volpicelli Temu, the Chinese e-commerce giant, was fined €200 million ($232 million) by the European Union for failing to stop sales...
Merchant Ships Desert Strait of Hormuz Amid Renewed US Strikes May 28, 2026 By Prejula Prem and Julian Lee Traffic through the Strait of Hormuz appeared all but deserted on Thursday as commercial operators remain wary of renewed military...
Convex Receives Approval From Lloyd’s to Launch Long-Tail Specialty Syndicate May 28, 2026 Convex Group Ltd., the international specialty insurer and reinsurer, announced it has received in-principle approval to launch Lloyd’s Syndicate 1987,...
Panama Passes Law Imposing Stricter Requirements on Multinational Firms May 28, 2026 Panama’s National Assembly approved a law that requires multinational entities domiciled in the country to demonstrate real local operations or...
Germans Switch to EVs at Record Pace Thanks to Government Bonus May 28, 2026 By Iain Rogers More German drivers switched to an electric vehicle in the first quarter of this year than ever before after the...
Australia Sues 3M for $1.4 Billion Over PFAS ‘Forever Chemicals’ Contamination May 28, 2026 By Christine Chen The Australian government said on Thursday it had launched legal action against 3M over contamination from firefighting foam supplied by...
Iran and US Trade Air Strikes After Trump Dismisses Report of Hormuz Deal May 28, 2026 By Jana Choukeir, Enas Alashray and Phil Stewart Iran targeted a U.S. air base in Kuwait on Thursday after the United States struck what Washington described as an...