A legal advocacy group on Monday asked the U.S. Court of International Trade to block President Donald Trump’s sweeping tariffs on foreign trading partners, arguing the president overstepped his authority. The lawsuit was filed by the nonpartisan Liberty Justice Center …
The New York Department of Financial Services (DFS) has issued new guidance to assist the more than 3,000 financial firms including insurers it regulates in addressing cybersecurity risks arising from artificial intelligence (AI). In a letter to companies, DFS Superintendent …
EU countries and lawmakers on Feb 1 agreed to rules which will require Europe-based companies to prioritize production of key products to prevent a supply chain crisis such as that prompted by the COVID-19 pandemic and Russia’s Ukraine invasion. The …
Protesting farmers demanding just prices and less red tape blocked the border between Belgium and the Netherlands on Friday, whilst their peers in France started lifting blockades countrywide after the government made further concessions. Farmers’ protests have erupted in numerous …
From seafarers refusing to get back on ships to truck drivers whose concern over Covid-related border closures trumps the lure of higher pay, the transport industry is bracing for another roller coaster year of supply-chain disruptions. As omicron infections surge …
Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most affected areas, such as Italy. While China’s draconian …
OutsideIQ, a Canadian startup which uses cognitive computing to analyze data, is partnering with the world’s largest business commerce network, SAP Ariba , to help corporations quickly screen vendors for risk and regulatory compliance, they said. Companies spend a significant …
Aon Benfield is examining how insurers and reinsurers can identify and capitalize on new growth opportunities amid challenging market dynamics at its 14th Biennial Hazards Conference in Australia. Aon noted that it’s “one of the largest gatherings of hazard risk …
UK regulators have asked property and casualty insurers to stress test their capital reserves against catastrophes, including a synchronized terrorist attack in London, New York and one other major city. The Prudential Regulation Authority (PRA) published the exercises last week …
A list, compiled by the ACE European Group, sets out the “new wave of interrelated, fast-changing risks, reflecting rapid changes in the global economic landscape and the increasing role of technology and multinational expansion as growth drivers, tops the list …
