News

Automakers Delay Complying with Massachusetts Data Repair Law

An auto industry group said on Friday carmakers do not plan to immediately comply with a Massachusetts law requiring them to share vehicle data with independent repair shops citing concerns about potential hacking. The National Highway Traffic Safety Administration (NHTSA) …

Antarctica’s Shrinking Sea Ice Hits Record Low, Alarming Scientists

At its largest expanse this year, sea ice covered less than 17 million square kilometers (6.6 million square miles) of the Antarctic — an area that is 1 million square kilometers (almost 400,000 square miles) smaller than the previous record …

People Moves: Arch Insurance (Bermuda) Promotes Smith to MD After Hay Retires; Aon Taps Nichols From Aeolus as Global Reinsurance Clients Leader in Bermuda

This edition of International People Moves details appointments at Arch Insurance and Aon. A summary of these new hires follows here. Arch Insurance (Bermuda) Promotes Smith to MD after Hay Retires Arch Insurance (Bermuda) announced the appointment of Matthew Smith …

Three-Quarters of Firms Globally Are Not Ready for New ESG Rules: KPMG Report

Three-quarters of companies globally are not ready to have their environmental, social and governance (ESG) data audited externally months before new regulations kick in, according to a new report from KPMG published on Tuesday. Stricter European Union, U.S. and global …

Apple Supplier Pegatron to Halt Assembly at India Plant for Second Day After Fire

Apple supplier Pegatron has told its factory workers not to report for work on Tuesday, halting the assembly of iPhones for a second straight day at its south India factory where a fire broke out on Sunday, three sources told …

Bermuda Public Services Remain Disrupted After Cyber Attack

Bermuda is working to restore public services that were halted after last week’s “sophisticated and deliberate” cyberattack on its government systems, the island’s premier, E. David Burt, said on Monday. Authorities are investigating who is behind the attack, and the …

People Moves: AIG Appoints Dandridge Chief Marketing, Communications Officer; Heck New NAMIC Chair

AIG Appoints Dandridge EVP and Chief Marketing & Communications Officer American International Group, headquartered in New York, N.Y., hired Edward L. Dandridge as executive vice president and chief marketing and communications officer, effective Oct. 16. During his tenure at AIG, …

UK Workers Take Most Sick Leave in More Than a Decade: Employer Survey

British workers took the most sick leave in more than a decade during the past year, a survey of employers showed on Tuesday, adding to signs of a lasting increase in ill health since the COVID-19 pandemic. The Chartered Institute …

Ares Management Provides £1 Billion of Loans for UK Insurance Merger

Ares Management Corp. is providing a direct-lending package of about £1 billion ($1.2 billion) to support the merger of two personal insurance businesses in the UK, according to people familiar with the matter. Ardonagh Group — a large borrower in …

Thomson Reuters AI Copyright Dispute Must Go to Trial, Judge Says

A jury must decide the outcome of a lawsuit by information services company Thomson Reuters accusing Ross Intelligence of unlawfully copying content from its legal-research platform Westlaw to train a competing artificial intelligence-based platform, a Delaware federal judge said on …

News Archives by Month