Italian divers have retrieved the body of British tech magnate Mike Lynch’s18-year-old daughter, Hannah, who was the last person still unaccounted for after the family’s luxury yacht sank this week off Sicily. Seven people, including Lynch himself, died when the …
The type of weather phenomenon that may have led billionaire Mike Lynch’s yacht to sink in the Mediterranean this week is now more likely to happen as global warming has raised sea temperatures, according to climate experts. The tech tycoon’s …
Three oil tankers that are under British sanctions for transporting Russian petroleum are sailing under the flag of a nation that bases its operations in London. The Galaxy, the Liberty and the Rigel, all of which moved barrels for Moscow …
Ascot Group Ltd., the Bermuda-based global specialty insurance company, announced the launch of a unified capital management platform, Leadline Capital Partners, to support their expanded third-party capital business. Under this newly formed platform, Ascot has also announced that the company …
Greek wildfire risks increased as temperatures climb and near gale force winds blow across the Aegean Sea, while Storm Lilian is battering parts of the UK. Firefighters, supported by helicopters, are trying to control an outbreak in Paiania, on eastern …
Ping An Insurance (Group) Co. said profit rose nearly 7% in the first half, after a stock-market recovery helped bolster investment returns at China’s second-largest insurer by market value. Net income climbed to 74.6 billion yuan ($10.5 billion) in the …
Hiscox Ltd. issued a statement confirming that the insurer’s chair, Jonathan Bloomer, and Bloomer’s wife, Judy, died in the tragic sinking of the yacht Bayesian off the coast of Sicily on Monday, Aug. 19. “We are deeply shocked and saddened …
The crew of a ship that suffered several attacks in the Red Sea has been evacuated with naval support. Delta Tankers, which operates the Sounion, said Thursday that plans are now in place to move the vessel to a safer …
Canada’s two main freight rail companies locked out around 10,000 of their Canadian unionized workers early on Thursday, starting an unprecedented simultaneous work stoppage that will grind almost all railway freight movement in the country to a halt. HOW INTEGRATED …
Yellow weather warnings are in place for Scotland on Thursday, as the remnants of Hurricane Ernesto bring strong winds and heavy rain. There’s an alert for rain across western Scotland, with more than 100 millimeters (4 inches) forecast for higher …
