Global insurance losses from the Russia-Ukraine war could range from $16 billion to $35 billion, with reinsurers expected to assume 50% of those claims, according to a report published by S&P Global Ratings. While recent articles in the press have …
The fire on the cargo ship Felicity Ace, which had burned for more than a week, is likely extinguished and the vessel is now being towed, according to the operator MOL Ship Management. The ship had been transporting thousands of …
Climate change and the race to net zero greenhouse gas emissions (net zero) are arguably the greatest challenges that face the construction industry – but will drive new opportunities, according to a report published by Marsh and Guy Carpenter, subsidiaries …
Environmental activists who caused days of traffic chaos in London two years ago said on Wednesday [Aug. 18] they would start a fortnight of action next week focused on the capital’s financial district, which they blame for helping to fuel …
AGDINES, Greece (AP) – For generations, residents in the north of the Greek island of Evia have made their living from the dense pine forests surrounding their villages. Tapping the ubiquitous Aleppo pines for their resin, the viscous, sticky substance …
Rain fell at the highest point on the Greenland ice sheet last week for the first time on record, another worrying sign of warming for the ice sheet already melting at an increasing rate, scientists said on Friday. “That’s not …
The Biden administration imposed sanctions on two Russian entities over their involvement in the Nord Stream 2 pipeline project, but is leaving in place a waiver that spared the company overseeing the construction and its top executive. The U.S. listed …
Tropical storm warnings have been posted across the eastern Caribbean as a system gathers power and takes shape southeast of Dominica, the National Hurricane Center said. With winds of 35 miles (56 kilometers) per hour, the system will likely become …
Japanese cryptocurrency exchange Liquid said on Thursday it was hit by hackers in a theft estimated at more than $94 million, the latest crypto platform to be targeted by cyber criminals. “We are sorry to announce that #LiquidGlobal warm wallets …
The COVID-19 pandemic has worsened a shortage of white-collar workers in many countries, forcing companies to pay higher salaries to woo talent, a top London-based recruiter said on Tuesday [July 27]. Robert Walters – which specializes in the likes of …