Amazon’s AWS Reports Outage After UAE Data Center Struck by ‘Objects’ March 2, 2026 By Shubham Kalia and Aditya Soni Amazon’s cloud-computing facilities in the Middle East faced power and connectivity issues on Monday after unidentified “objects” struck its data...
Insurers Urge Australia to Launch $21 Billion Flood Defense Fund March 2, 2026 By David Stringer Insurers in Australia are urging legislators to set up a A$30 billion ($21.4 billion) flood defense fund as the nation...
Hedge Funds, Insurers Rush to Gauge Exposure as Iran Spirals March 2, 2026 By Bei Hu, Betty Hou and Cathy Chan Hedge funds, banks and insurers rushed to size up their exposure to the Middle East after weekend attacks on Iran...
Travel Chaos Worsens as Iran Conflict Shuts Mideast Airports March 2, 2026 By Leen Al-Rashdan Travel chaos extended through the Middle East and beyond, sending airline stocks sharply lower on Monday, as carriers across the...
Waiting for Hormuz, More Oil Tankers Gather in the Persian Gulf March 2, 2026 By Weilun Soon Dozens of laden oil tankers are hunkering down inside the Persian Gulf after attacks near the Strait of Hormuz have...
Belgium Seizes Suspected Russian Shadow Fleet Tanker March 2, 2026 Belgium seized an oil tanker belonging to the Russian shadow fleet on Sunday and suspected of sailing with a “false...
Marine Insurers Cancel War Risk Cover as Iran Conflict Escalates March 2, 2026 By Emily Chow and Jeslyn Lerh Marine insurers are canceling war risk coverage for vessels and oil shipping rates are set to surge further after the...
Median Securities Class Action Settlement Hits 29-Year High March 2, 2026 By Allen Laman Despite fewer securities class action settlements, the median settlement amount reached its highest level in nearly three decades last year,...
FedEx Customers Sue Company for Tariff Refunds After US Supreme Court Ruling March 2, 2026 By Mike Scarcella FedEx was sued in federal court on Friday on behalf of customers seeking refunds from the global shipping company after...
Baldwin Posts Fourth Quarter Loss; Carlisle Takes Over Underwriting Group March 2, 2026 Tampa-based Baldwin Insurance Group, Inc. (BWIN) reported a loss of $25.9 million in its fourth quarter, the second quarter for...