Ex-Audi Boss Becomes 1st VW Board Member Sentenced for Fraud in Diesel Scandal June 27, 2023 By Jörn Poltz Former Audi boss Rupert Stadler was handed a suspended sentence of one year and nine months by a Munich court...
Generali’s Plan to Shed $22B of Insurance Liabilities Complicated by Interest-Rate Surge June 27, 2023 By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Gianluca Semeraro Assicurazioni Generali’s plans to shed up to 20 billion euros ($21.87 billion) of insurance liabilities are being hampered as a...
Canada’s British Columbia Highway 99 Closed Due to Brush Fire June 27, 2023 Canada’s British Columbia Highway 99 was closed in both directions on Monday due to a brush fire, the British Columbia...
Environmental Changes Put 90% of World’s Marine Food Supplies at Risk: Study June 27, 2023 By David Stanway More than 90% of the world’s marine food supplies are at risk from environmental changes such as rising temperatures and...
Howden Appoints WTW’s Douglas as CEO, Climate Risk and Resilience June 27, 2023 Howden, the London-based insurance group, announced the appointment of Rowan Douglas as CEO, Climate Risk & Resilience, effective June 26....
Australia Regulator Tells Medibank to Set Aside $167M After Major Cyber Attack June 27, 2023 By Renju Jose and Sameer Manekar Australia’s banking regulator told insurer Medibank on Tuesday it would have to set aside A$250 million ($167 million) in extra...
PwC Australia Asset Sale Unlikely to Repair Firm’s Tarnished Reputation: Experts June 27, 2023 By Lewis Jackson PwC Australia’s sale of its government consulting business may give it temporary respite from a crisis in its tax practice...
Here Are Details of Quality Issues Affecting Siemens Gamesa’s Wind Turbines June 26, 2023 By Nina Chestney and Christoph Steitz Shares in Siemens Energy continued to fall on Monday following a record sell-off in shares last week that was triggered...
Waleed Jabsheh to Succeed Wasef Jabsheh as CEO of IGI June 26, 2023 The president of International General Insurance Holdings Ltd. (IGI), Waleed Jabsheh, will assume the role of chief executive officer. He...
Tokio Marine Reorganizes IT, Operations Teams Under One Structure, One Leader June 26, 2023 Tokio Marine HCC International (TMHCCI) has restructured its IT and Operations teams as it moves to the next stage of...