A 5.0 billion pound ($6.6 billion) English lawsuit against Anglo-Australian mining giant BHP has been struck out, in a blow to a 200,000-strong Brazilian claimant group seeking damages after a devastating dam failure in 2015. A High Court judge in …
Amazon.com Inc. founder Jeff Bezos won’t have to go to trial in a defamation lawsuit his girlfriend’s brother brought against him over nude photos of Bezos leaked to the National Enquirer. A California state judge, who had issued a tentative …
Drugmakers and research centers around the world are working on COVID-19 vaccines, with large global trials of several of the candidates involving tens of thousands of participants well underway. The following is what we know about the race to deliver …
The European Commission on Friday urged online platforms to gird for a fresh wave of consumer scams linked to the resurgence of COVID-19 infections in Europe and said they need to work harder against the spread of disinformation related to …
Given that business-as-usual is unlikely to return soon due to the coronavirus pandemic, U.S. property/casualty insurers will continue to face challenges related to virus-related insurance losses and premium volume declines in 2021, according to Fitch Ratings. The operational and risk …
Some of the world’s largest insurers and pension schemes are warning companies they invest in not to finance, insure, build, develop or plan new thermal coal plants or face sanctions, including possible divestment. The Net-Zero Asset Owner Alliance, whose members …
The NBA wants to be back in December. The NHL is aiming at games resuming in January. Baseball’s spring training may begin in February, like normal. They almost certainly won’t be in bubbles if and when any or all of …
Global insurer Chubb announced the appointment of Khue Dinh as the new country president for its Vietnam general insurance business. In her new role, Dinh will oversee the operations and business development activities of Chubb’s key business lines in Vietnam …
Uber, Lyft and other app-based ride-hailing and delivery services spent $200 million in a winning bet to circumvent California lawmakers and the courts to preserve their business model by keeping drivers from becoming employees eligible for benefits and job protections. …
Gig economy companies want to turn California voters’ decision to make ride-service drivers contractors into a model for the nation, as several states consider requiring drivers from Uber, Lyft and rival services be treated as employees with higher compensation. Voters …