June 7, 2010
As the quadrennial Football (Soccer) World Cup readies for a month long series of matches in South Africa, insurance coverage has kept pace with one of the world’s biggest sporting events. It’s “insured to the tune of an estimated £6.2 …
June 1, 2010
U.N. climate talks opened on Monday, exposing familiar rifts between rich and poor countries which delegates said were likely to delay a re-start of formal negotiations. The 185-nation Bonn conference, which will run until June 11, is the biggest international …
May 27, 2010
Willis Group Holdings has appointed Scott Pickering as CEO, Russia, Eastern Europe, the Middle East and South Africa, effective immediately. He will be based in the Al Futtaim Willis office in Dubai and will report to Sarah Turvill, Chairman and …
May 13, 2010
A Libyan Airbus jet crashed early on Wednesday as it tried to land at Tripoli airport, killing 103 people on board and leaving a Dutch boy the sole survivor, Libyan officials said. The Airbus A330-200, only in service since September, …
May 10, 2010
Soccer teams and fans aren’t the only ones girding themselves for the start of the World Cup in South Africa. The world’s insurance companies have sold policies covering $5 billion worth of risks linked to the games. With just a …
April 30, 2010
Innovation vital for Europe’s future is at risk, because the global financial crisis has turned once-challenging emission reduction goals into easily achievable targets, the European Union’s top climate official said. Connie Hedegaard, European Commissioner for Climate Action, said the continent …
April 6, 2010
South Korea has sent a destroyer to intercept a supertanker carrying as much as $170 million worth of crude oil that was seized by Somali pirates, officials said on Monday. The South Korean-operated, Singapore-owned Samho Dream, which can carry more …
March 11, 2010
China told the United States on Wednesday to make stronger commitments on climate change and provide environmental expertise and financing to developing nations. China’s top climate change negotiator, Xie Zhenhua, acknowledged the current U.S. administration’s greater stress on greenhouse gas …
March 10, 2010
The top U.S. trade official expressed doubt Tuesday that negotiators could reach a deal this year in long-running world trade talks despite a goal set by President Barack Obama and other leaders. But in remarks at the National Press Club, …
March 10, 2010
China and India joined almost all other major greenhouse gas emitters on Tuesday in signing up to the climate accord struck in Copenhagen, boosting a deal strongly favored by the United States. More than 100 nations have now endorsed the …