Residents of Southern California were bracing Wednesday for a powerful winter storm forecast to bring dangerous flooding as well as rock and mudslides to the region, threatening property and snarling holiday travel plans. Peak rainfall in parts of the region …
A freight lift rose up on its crane Tuesday toward the Louvre Museum — but this time it wasn’t jewel thieves. It was workers installing security bars on the window used to break into the Paris landmark’s Apollo Gallery in …
The European Union’s ESG framework — a shadow of its former self after a year of deep cuts — is drawing renewed threats from the US. At issue is the so-called extraterritoriality of the Corporate Sustainability Reporting Directive and the …
Gallagher Taps Hughes From EY as Tax Specialist in Private Equity and M&A Practice Gallagher announced the UK appointment of specialist corporate M&A tax adviser Tom Hughes as director of Tax Insurance to its EMEA-wide Private Equity and M&A (PEMA) …
Alternative investment managers are starting to take a serious interest in catastrophe bonds tied to wildfires, moving into a risk category that just a few years ago was seen as too difficult to model. More than $5 billion of cat …
India’s long-awaited package of financial services reforms is setting the stage for a surge of foreign capital into the world’s fastest-growing major economy. In the latest step, lawmakers passed a bill this week allowing up to 100% foreign ownership of …
Britain’s financial watchdog on Thursday laid out its efforts to raise standards in the home and travel insurance market after a consumer group made a rare “super-complaint” against the regulator, accusing it of letting customers down. The Financial Conduct Authority …
In November, a train carrying almost 500 people came to a sudden halt in eastern Poland. A broken overhead line had smashed several windows, and the track ahead was damaged. Elsewhere on the line, explosives detonated under a passing freight …
Artificial intelligence is likely to displace British workers even as it makes the country more productive, Bank of England Governor Andrew Bailey said in his most stark warning yet on the technology’s impact. Bailey said on Friday that the UK …
With the next Texas flood season just months away, Kerr County officials say they’re in a race to build a long-planned flood warning system estimated to cost up to $5 million — and they’re depending on the state to contribute …