Insured Losses From Eastern Australia Floods Estimated at A$4B: PERILS April 21, 2022 Initial insurance losses for the Eastern Australia floods are estimated at A$3.99 billion (US$2.97 billion), according to PERILS, the independent...
IMF Sees No ‘Bounce Back’ for Russia Economy, Expects More Damage if Sanctions Escalate April 20, 2022 By Andrea Shalal Russia’s economy will not recover anytime soon from sweeping sanctions imposed by Western nations over its war in Ukraine, and...
Global Executives Want to Ditch Work From Home but Few Follow Their Own Advice April 20, 2022 By Ryan Cavataro Bosses are hellbent on getting their staff back into the office. It’s just that the rules don’t necessarily apply to...
UK CFOs Expect High Inflation to Cut Profit Margins: Deloitte Survey April 19, 2022 By David Milliken More than seven out of 10 chief financial officers (CFOs) at Britain’s biggest companies expect high inflation to reduce their...
Natural Disasters Cost Global Economy $32B in Q1, With Only $14B Insured: Aon April 18, 2022 By L.S. Howard Preliminary economic losses from natural hazards billion during the first quarter of 2022 totaled $32, of which less than 50%...
EU’s Tweak to Sanctions Allows Some Aircraft Lessors to Sell Stranded Jets to Russia April 15, 2022 By Siddharth Philip and Alberto Nardelli An amendment to European Union sanctions last week created a potential path for some aircraft financiers to sell jets held...
Climate Change Exacerbates Africa Cyclones: Study April 14, 2022 By Wanjohi Kabukuru Extreme rainfall in southeast Africa has become heavier and more likely to occur during cyclones because of climate change, according...
Cops Struggle to Keep Up With ‘Staggering’ Levels of Crypto Seizures April 13, 2022 By Ellen Milligan and David Voreacos One spring day in a village just west of London, residents saw a man being muscled into a car in...
Air Lease Says 21 Jets Stranded in Sanctions-Hit Russia April 13, 2022 Air Lease Corp. said on Tuesday it has 21 jets remaining in sanctions-hit Russia, two weeks after a Western deadline...
One or Two Days in the Office Is the ‘Sweet Spot’ of Hybrid Work April 12, 2022 By Matthew Boyle Just one or two days in the office is the ideal setup for hybrid work, according to a new study,...