Parametric Re/Insurer NormanMax Gets ‘in Principle’ Nod to Launch Lloyd’s Syndicate December 21, 2023 NormanMax Insurance Holdings, the Miami, Florida-based parametric re/insurance group, has received “in principle” approval from Lloyd’s to launch a syndicate,...
Tesla Faces Inquiry by Norway’s Safety Regulator Over Suspension Failures December 21, 2023 By Marie Mannes Tesla faces an inquiry by Norway’s traffic safety regulator into suspension failures in the company’s electric cars that could result...
China Earthquake Update: 137 People Killed, 12 Still Missing, 207,000 Homes Wrecked December 21, 2023 By Alessandro Diviggiano, Xiaoyu Yin and Liz Lee A dozen people were still missing on Thursday after a 6.2-magnitude earthquake struck northwestern Gansu province late Monday, and netizens...
Shipping Costs Soar as War and Climate Risks Choke Key Waterways December 21, 2023 By Sharon Cho, Elizabeth Low and Serene Cheong Global shippers of crude and fuels are grappling with a spike in booking costs for some tankers taking lengthy diversions...
Yemen’s Houthis Vow More Attacks on Ships in Red Sea Despite US Naval Force December 21, 2023 By Henry Meyer and Omar Tamo Yemen’s Houthi rebels vowed to continue targeting ships in the Red Sea despite a US move to compile an international...
Iceland’s Volcanic Eruption Is Dramatic. But It Won’t Cool the Planet. December 21, 2023 By Sana Pashankar A volcanic eruption on Iceland’s Reykjanes Peninsula sent lava flowing through a 4-kilometer (2.5-mile) crack in the Earth’s crust. The...
Pulitzer-Winning Authors Join OpenAI, Microsoft Copyright Lawsuit December 21, 2023 By Blake Brittain A group of 11 nonfiction authors have joined a lawsuit in Manhattan federal court that accuses OpenAI and Microsoft of...
Apollo-Owned Aspen Insurance Files for IPO in US December 21, 2023 Private equity firm Apollo-owned Aspen Insurance on Wednesday filed its paperwork for an initial public offering in the United States,...
Citi Suit Raises #MeToo Claims at Wall Street’s Top Levels December 21, 2023 By Paige Smith Ardith Lindsey’s lawsuit accusing Citigroup Inc. of tolerating years of sexual harassment and assault against her struck a chord across...
Toyota Recalling Over 1 Million Vehicles Over Potential Air Bag Issue December 21, 2023 By David Shepardson Toyota Motor said on Wednesday it will recall 1.12 million vehicles worldwide because a short circuit in a sensor could...