December 20, 2023
The death toll from China’s worst earthquake since 2014 rose to more than 130 as the government sent a top official to oversee recovery efforts. Some 113 people were killed in mostly rural areas of Gansu province and another 18 …
December 20, 2023
Aon plc this morning said it has a $13.4 billion deal in place to purchase broker NFP to expand its middle-market segment. The purchase price will be funded by $7 billion in cash and $6.4 billion of Aon stock. Closing …
December 20, 2023
Toyota Motor’s Daihatsu unit will halt shipments of all of its vehicles, Japan’s biggest automaker said on Wednesday, after a safety scandal investigation found issues involving 64 models, including almost two dozen sold under Toyota’s brand. An independent panel has …
December 20, 2023
Artificial intelligence programs can’t be named as an inventor for patents, the UK’s top court said in a crucial ruling that’s in line with decisions in the US and the European Union refusing to put machines on a near-equal footing …
December 20, 2023
The cost of insuring vessels that will transit the Red Sea jumped again this week after mounting attacks in the region forced some ships to avoid the vital waterway, underscoring the need to secure an area that’s pivotal to global …
December 19, 2023
The finance industry will be shielded from the full scope of the European Union’s most consequential piece of ESG legislation to date, as the bloc settles on a compromise to help it get the bill over the finish line. Under …
December 19, 2023
Chinese leader Xi Jinping called for efforts to minimize casualties after an impoverished region in the northwest was hit by an earthquake that left more than 100 people dead. The 6.2-magnitude quake late Monday killed 105 people in Gansu and …
December 19, 2023
Greenpeace UK and climate campaigner Uplift filed separate legal challenges in Scotland seeking to rescind government approval for the Rosebank oil development in the North Sea. Equinor ASA and partner Ithaca Energy Plc said they would make a final investment …
December 19, 2023
A company that offers insurance to the burgeoning shadow fleet of oil tankers — including one that ran aground off the coast of Indonesia — was shut down by the Marshall Islands, the firm’s only published address. The Continental Steamship …
December 19, 2023
Shipping in the Red Sea is grinding to a halt with oil tankers idling and container vessels rerouting around Africa as violence linked to the Israel-Hamas war threatens to undermine the global economy. Two European oil and gas giants said …