The website used by an Iranian government-linked hacking unit that claimed responsibility for a March 11 cyberattack on a U.S. medical device maker was back up and running a day after the FBI and Department of Justice seized its internet …
The overseas investment arm of China’s Ping An Insurance (Group) Company is reconsidering its exposure to the US as the Iran war fuels waves of volatility. The conflict in the Middle East has upended global markets over the past few …
Tokio Marine Holdings Inc. said on Monday it would form a strategic partnership with Warren Buffett’s Berkshire Hathaway by initially selling a 2.49% stake through a third-party allotment of treasury shares. Berkshire Hathaway in 2019 kicked off a number of …
Fermat Capital Management says a European proposal to limit retail investors’ access to catastrophe bonds faces serious pushback, as money managers specialized in insurance-linked strategies mount a coordinated front. John Seo, co-founder and managing director of the Connecticut-based hedge fund …
Iran will attack Israel’s power plants and those supplying U.S. bases across the Gulf region if President Donald Trump carries out his threat to “obliterate” Iran’s power network, the Revolutionary Guards said in a statement on Monday. They appeared to …
A U.S. federal jury found Elon Musk liable on Friday for claims he defrauded Twitter shareholders by trying to drive down the social media company’s stock price so he could renegotiate or back out of a $44 billion takeover in …
A manager at London-listed insurer Hiscox faces a criminal charge of providing false testimony during an attempted extradition of a former colleague from Greece to Bermuda, court proceedings and filings seen by Reuters show. An Athens prosecutor alleges the manager, …
The UK’s city minister will visit European capitals next week in a push to deepen ties with the European Union on financial services as Chancellor of the Exchequer Rachel Reeves seeks to spur economic growth domestically. Lucy Rigby will meet …
Air traffic controllers will use radar, not just visual checks, to ensure that helicopters maintain a safe distance from arriving and departing airplanes in the wake of last year’s fatal midair collision near Washington, D.C., federal officials announced Wednesday. The …
A Warwick, New York insurance agency is under investigation for alleged illegal practices. The Warwick Police Department reported it executed a warrant to search Fullerton Insurance in January for the purpose of obtaining documentation, electronic devices, and other potential evidence …