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Ford’s CEO to Warn Lawmakers of ‘Devastating’ Tariff Impact

Ford Motor Co. Chief Executive Officer Jim Farley will travel to Washington on Wednesday to warn members of Congress that the 25% tariffs President Donald Trump has proposed on Canada and Mexico would “blow a hole” in the US auto …

EU to Propose New 2040 Climate Target for Emissions by End-March

The European Commission will propose a new climate target this quarter, to slash Europe’s emissions by 2040, it said on Wednesday. A commission work program, published on Wednesday, confirmed the EU would amend its climate law this quarter – a …

Australia’s Iron Ore Hub Faces Strongest Cyclone Since 2007

Australia’s iron ore hub is bracing for the strongest cyclone to hit the region since at least 2007, threatening port facilities and big mines operated by companies including Rio Tinto Group and BHP Group. Severe Tropical Cyclone Zelia has rapidly …

New Rules Eyed for Battery Rechargers on Planes After Korean Jet Fire

Air travelers in South Korea may be asked to seal up the ports on their handheld battery rechargers or put them in a separate plastic bag after an in-cabin fire on an Air Busan Co. plane last month. South Korea’s …

DeepSeek May Face Further Regulatory Actions, EU Privacy Watchdog Says

DeepSeek may face more actions from national regulators in the future, Europe’s privacy watchdog said on Tuesday [Feb. 11], underscoring the bloc’s concerns about the rising popularity of the cheap Chinese artificial intelligence startup. National privacy regulators discussed DeepSeek at …

Update: FEMA to Borrow $2B to Pay Flood Claims After Hurricanes Helene and Milton

The Federal Emergency Management Agency said it needs to borrow $2 billion from the U.S. Treasury to cover claims from National Flood Insurance Program policyholders. FEMA, administrator of NFIP, said it expects to pay out more than $10 billion in …

India Is Building a Sanctions-Proof Supply Chain for Russian Oil

Oil refiners in India — eager to keep importing cheap crude from Russia — are working with merchants, shippers and other middlemen to rebuild supply chains as tougher US sanctions come into effect. Speaking on the sidelines of India’s flagship …

These Roads Aren’t Built for Wilder Weather Driven by Climate Change

California’s Highway One, stretching more than 650 miles along the Pacific Coast, is one of America’s most popular roadways because of its breathtaking views. Yet, since 2023, large chunks of it have been closed. That year, a series of atmospheric …

Viewpoint: New Year, Old Challenges for European Insurers

The European insurance sector saw high levels of claims inflation in 2024. In motor-related material damage in particular, claims inflation is still outpacing the Consumer Price Index, and we could see primary insurers continuously increasing premium rates in 2025. While …

Bayer Broadens Effort to Shield Itself From Claims Weedkiller Caused Cancer

A renewed and expanded effort from chemical giant Bayer to shield itself from lawsuits that claim its popular weedkiller Roundup causes cancer brought dozens of protesters to the Iowa Capitol building Monday begging lawmakers to reject it. The legislation, pending …

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