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UK Fintech Vitesse Raises $26M With Participation From Hannover Digital Investments

Vitesse PSP, the London-based fintech that specializes in digital solutions for global payments and counts numerous insurers among its customers, announced it has raised $26 million in Series B funding. The Series B funding, which was led by Prime Ventures, …

People Moves: Fairfax Financial Promotes Clarke to President; AXA XL Names Lee as Head of Claims, Canada; Zurich’s Price Joins SiriusPoint as Head of Travel A&H

This edition of International People Moves details appointments at Fairfax Financial Holdings, AXA XL and SiriusPoint Ltd. A summary of these new hires follows here. Fairfax Financial Holdings Promotes Clarke to President Fairfax Financial Holdings Ltd. has appointed Peter Clarke …

Drought in Spain and Portugal Empties Reservoirs, Ruins Crops

Roofs peeking out of the water have become a common sight every summer at the Lindoso reservoir in northwestern Spain. In especially dry years, parts would appear of the old village of Aceredo, submerged three decades ago when a hydropower …

German Fuel Storage Firm Mabanaft Still Unable to Restore Operations After Cyber Attack

Germany’s Mabanaft GmbH & Co. KG, the fuel storage and distribution company that suffered a cyber attack at the end of January, said its first tests to restore operations weren’t successful, according to a letter sent to customers seen by …

People Moves: Westfield Specialty Adds Jain; Holmes Murphy Promotes Deibele

Westfield Specialty Adds Manoj Jain as Chief Information Officer Westfield Specialty has added Manoj Jain as chief information officer (CIO), reporting to Jack Kuhn, Westfield Specialty’s president. In his new role, Jain is responsible for the overall development and execution …

More Airlines Avoiding Ukraine Airspace Amid Insurance Issues

More airlines are likely to avoid Ukraine’s airspace amid insurance issues and a decision by leading European carriers to stop overflights after a U.S. warning that Russia could invade at any time, a flight operations advisory firm said on Monday. …

7 More Charged in Louisiana Staged Automobile Collision Scheme

Seven more people have been charged in New Orleans for their participation in a scheme to stage collisions with commercial trucks, bringing the total number of defendants charged in the federal probe up to 47. United States Attorney Duane A. …

Kansas Town Wins First Round in Lawsuit Over Natural Gas Prices

Residents of a small city in southeast Kansas may continue a lawsuit that claims energy utility BP gouged them with hefty price increases for natural gas during freezing weather last year, a judge has ruled. A Crawford County judge on …

Arkansas Judge Dismisses Duggar Sister’s Suit Over Records’ Release

A federal judge on Feb. 9 dismissed a lawsuit four sisters of Josh Duggar filed over the release of records from a police investigation that concluded the former reality television star fondled them. U.S. District Judge Timothy L. Brooks dismissed …

Kansas University Settles Free-Speech Lawsuit

Haskell Indian Nations University has settled a lawsuit filed after a former university president sought to dictate what student journalists could report and write. Free-speech advocates said the settlement agreement with former Haskell student journalist Jared Nally includes policy reforms …

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