December 27, 2018
Uber pledged [on Dec. 19] to challenge a U.K. Court of Appeal decision that drivers should be classed as workers rather than self-employed employees, a verdict that has potentially wide-ranging implications for the rapidly growing gig economy and the rules …
December 27, 2018
Spain’s Supreme Court has ruled that the captain and the insurer of the Prestige oil tanker must pay more than 1.5 billion euros ($1.7 billion) in compensation for Spain’s biggest environmental disaster, when the vessel sank in 2002. The court …
December 27, 2018
As the effects of climate change unfold, its impact on business will grow more severe: altered rain patterns will affect agriculture, floods will disrupt supply lines, heat waves will prevent employees from working. If markets are to work well, investors …
December 27, 2018
Singapore-based EF Marine announced a managing general agent (MGA) agreement with Swiss Re Corporate Solutions, effective Jan. 1, 2019. The alliance between Swiss Re Corporate Solutions and EF Marine will support small and medium-sized shipowners, charterers and multimodal operators globally …
December 27, 2018
Indonesian authorities widened an area marked as a danger zone around the Mount Anak Krakatau as the volcano continued to send hot ash clouds into the sky after a weekend tsunami triggered by a landslide killed more than 400 people. …
December 27, 2018
Business leaders’ confidence in the British economy has sunk to its lowest level in more than 18 months as the risk of a no-deal Brexit in a little over three months grows, the Institute of Directors (IoD) said on Thursday. …
December 27, 2018
Marsh, one of the world’s largest insurance brokers and risk advisers, has launched a China desk in Dubai to benefit from growing commercial links between China, the Middle East and Africa, its regional chief executive said. The subsidiary of U.S. …
December 27, 2018
Members of the Property Casualty Insurers Association of America and the American Insurance Association have approved a merger that takes effect Jan. 1, 2019. The combined organization is set to have a new name, the American Property Casualty Insurance Association, …
December 27, 2018
The former chief executive of Insys Therapeutics Inc. has agreed to plead guilty to participating in a scheme to bribe doctors to prescribe a powerful opioid medication in order to boost its sales, U.S. prosecutors said on Wednesday. Michael Babich, …
December 27, 2018
U.S. airports may be just as vulnerable as London’s Gatwick airport to the kind of illegal drone incursions that shut down the U.K.’s second-busiest hub this week. Counter- drone technology performed so poorly in U.S. government tests in recent years …