Airbus and Qatar Airways are set to face each other in court as a dispute over billions of dollars of jets enters a theatrical phase and rattles some airline leaders. The Gulf carrier will on Thursday ask a UK judge …
India’s largest private lender HDFC Bank’s $40 billion acquisition of its biggest shareholder could face regulatory hurdles due to the stake it would give the bank in the insurance sector, analysts said. Sources told Reuters last year that the Reserve …
Violent storms killed one person in Texas on April 5 as hail pelted communities and high winds knocked trees into power poles elsewhere in the South. Authorities issued a flurry of tornado warnings at the start of what could be …
The cost of insuring Russia’s government debt surged to signal a record 99% chance of default within the year after its Finance Ministry paid some of its dollar bonds with rubles. Credit-default swaps insuring $10 million of the country’s notes …
A rebel investor in Generali could mount a legal challenge if his bid to appoint new top executives at Italy’s largest insurer loses by a narrow margin in a shareholder vote this month, a candidate for the chairman’s role said. …
Nearly five years after an employee died in a trench collapse, a Missouri contractor exposed two workers to the life-threatening risk of being buried by thousands of pounds of soil as they worked in an unprotected trench weakened by water …
The Georgia General Assembly this week passed a bill that adopts National Association of Insurance Commissioners’ recommendations for insurance holding companies, including calculations for group capital and a framework for liquidity stress tests. House Bill 969 was requested by the …
Florida authorities have charged three Miami people with cellphone insurance fraud after they allegedly submitted 40 fraudulent claims to American Bankers Insurance Co. The state’s chief financial officer, Jimmy Patronis, said that his Department of Financial Services’ insurance fraud bureau …
Environmental, social and governance may have rightly taken a backseat to Russia’s war on Ukraine, but it’s still a big part of the world nowadays. The concept of being environmentally friendly and socially conscious in the corporate cannabis world is …
TriMet is facing a $10 million lawsuit from the city of Portland, Oregon, for alleged deeply flawed work on a streetcar track, leaving it with major structural defects that could cost the city millions in repairs. Oregon Public Broadcasting reported …
