Aviation Lessors Secure Settlements With Russia Totaling $2.5B for Trapped Planes January 31, 2024 Aircraft leasing firms have secured settlements with Russia totaling more than $2.5 billion for over a quarter of the roughly...
If China Invades Taiwan, It Would Cost World Economy $10 Trillion January 11, 2024 By Jennifer Welch, Jenny Leonard, Maeva Cousin, Gerard DiPippo and Tom Orlik War over Taiwan would have a cost in blood and treasure so vast that even those unhappiest with the status...
How Panama Fishing Boats Brought Mining Company First Quantum to its Knees December 1, 2023 By Valentine Hilaire For more than a month, a group of 16 fishing boats has been blocking a key port in Panama, choking...
Lloyd’s Leads Insurers in Raising Rates, Cutting Taiwan Cover as Conflict Risks Rise August 10, 2023 By Jonathan Saul and Carolyn Cohn Lloyd’s of London underwriters are leading insurers in raising rates and cutting the amount of cover they offer for risks...
Russian Carmaker GAZ Files Third Lawsuit Against Volkswagen May 8, 2023 Russian carmaker GAZ has filed a lawsuit worth 15.6 billion roubles ($200.5 million) against Volkswagen, court records show, adding to...
Russia’s Largest Cargo Airline Ordered to Pay Aircraft Lessor BOC Aviation $406.2M April 12, 2023 By Jonathan Stempel /A U.S. judge on Tuesday ordered Russia’s largest cargo airline to pay aircraft lessor BOC Aviation Ltd. $406.2 million after...
Russia’s GAZ Group Files $348M Suit Against Volkswagen April 10, 2023 The Gorky Automobile Plant, part of Russia’s GAZ Group which was contracted to assemble cars for Volkswagen, has filed a...
Russian Court Freezes Volkswagen Assets in Russia March 21, 2023 By Gleb Stolyarov A Russian court on Monday froze all Volkswagen assets in Russia, in the latest obstacle to the German carmaker’s year-long...
Citgo’s Lawsuit Against Lloyd’s Insurer Over Seized Venezuelan Oil Gets Go-Ahead March 16, 2023 By Robert Burnson Citgo Petroleum Corp. may move forward with an attempt to collect more than $40 million it claimed from insurers after...
Aircraft Lessor AerCap Says Russian Airlines Proposing Settlements for Stranded Jets March 3, 2023 Aircraft lessor AerCap said on Thursday it had been approached by Russian airlines and their insurance companies about possible settlements...