Markets/Coverages: Marsh Launches Insurance for EU Crypto-Asset Service Providers May 8, 2024 Insurance broker Marsh announced the launch of MiCAssure, a proprietary insurance solution for crypto-asset service providers such as custodians, exchanges,...
Worsening Weather Igniting $25 Billion Weather Derivatives Market May 8, 2024 By Sam Potter Marty Malinow’s mom never could get her head around what her son did for a living. To friends, she said...
Saudi Arabian Fintech Firm Rasan Plans to Sell 30% Stake in Riyadh IPO May 8, 2024 By Julia Fioretti Saudi Arabian fintech firm Rasan intends to sell a 30% stake in its Riyadh initial public offering, making it one...
Typhoon Season in Northwest Pacific Seen Less Active Than Normal May 8, 2024 By Bloomberg News Typhoon activity in the Northwest Pacific region is expected to be about 20% below normal this year, forecaster Tropical Storm...
World Extends Run of Heat Records for 11th Month in a Row May 8, 2024 By Eamon Akil Farhat April was the Earth’s 11th consecutive month of record-breaking heat, with warmer weather already sweeping across Asia and a hotter-than-usual...
Full Repairs to Damaged Red Sea Internet Cables Delayed by Yemen Political Splits May 8, 2024 By Mohammed Hatem and Olivia Solon Full repairs to three submarine internet cables damaged in the Red Sea in February are being held up by disputes...
Clergy Sexual Abuse Probe Targets New Orleans Catholic Church Leaders May 8, 2024 By Jim Mustian NEW ORLEANS (AP) — Authorities have expanded an investigation of clergy sexual abuse in the Roman Catholic Church in New...
Company to Pay $650K Over Child Labor Violations at Meat Processing Facilities May 8, 2024 By Hannah Fingerhut DES MOINES, Iowa (AP) — A Tennessee-based sanitation company has agreed to pay more than half a million dollars after...
Cyber Startup Wiz Raises $1B in Private Funds, Valued at $12B May 8, 2024 U.S.-Israeli cloud cybersecurity startup Wiz said on Tuesday it raised $1 billion in a private funding round that values the...
TikTok Lawsuit Sets Stage for Prolonged Legal Fight Over US Ban May 8, 2024 By Chris Strohm and Sabrina Willmer China-based ByteDance Ltd. made clear it won’t comply with a new US law requiring it to sell its popular TikTok...