Royal Dutch Shell Plc has abandoned its final attempt to argue that a major lawsuit brought by thousands of Nigerians over an oil spill in the West African country should be heard in Nigeria rather than the UK. Shell’s legal …
OTTAWA – Canada on Sunday ordered rail transport restrictions for areas where there is a high wildfire risk after a blaze wiped out the town of Lytton, British Columbia, and killed two people earlier this month. The order will require …
The European Commission has approved the acquisition of Willis Towers Watson by Aon, lifting a major roadblock to the proposed $30 billion merger. The approval is conditional on full compliance with a set of commitments offered by Aon, including the …
Indian fintech startup Digit boosted its valuation to $3.5 billion in a fresh funding round, gaining capital for its effort to win insurance customers via mobile technology. The company is raising $200 million from Sequoia Capital India, existing investor Faering …
India’s central bank warned about the growing presence of technology giants in the country’s digital financial services and payment systems which could pose a financial stability risk. In its semi-annual financial stability report, the Reserve Bank of India flagged concerns …
Egypt expects to finalize an agreement next week for compensation over the giant ship that blocked the Suez Canal in March, according to the waterway’s top official. The Suez Canal Authority will sign a deal with the owners and insurers …
These international People Moves include recent appointments at Howden Australia, which hired three people from Marsh; a new hire at Strategic Risk Solutions in Luxembourg and a promotion at Liberty Specialty Markets in London. A summary of these new hires …
TOKYO – Japanese medical experts said on Friday that banning spectators at the Olympics was the least risky option for holding the Games, even as they appeared resigned to the possibility of fans in venues during the COVID-19 pandemic. The …
The enhanced ability to innovate is a principal motivator for Aon’s proposed acquisition of Aon and Willis Towers Watson. It’s a message that Aon CEO Greg Case has been emphasizing since the $30 billion deal was announced in March 2020. …
COLOMBO, Sri Lanka – A container ship carrying chemicals sank off Sri Lanka’s capital on Thursday nearly a month after catching fire, raising concerns about a possible environmental disaster. The ship’s operator said the wreck of the Singapore-flagged X-Press Pearl …