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3 03, 2026

Tariff Lawsuits Returned to Trade Court to Determine Next Steps

By | March 3rd, 2026|Uncategorized|Comments Off on Tariff Lawsuits Returned to Trade Court to Determine Next Steps

A U.S. appeals court on Monday returned the lawsuits that led to most of President Donald Trump’s tariffs being struck down to the U.S. Court of International Trade, which could determine the process for refunding more than $130 billion to …

3 03, 2026

Iran War Poses New Risk to US Economic Resilience

By | March 3rd, 2026|Uncategorized|Comments Off on Iran War Poses New Risk to US Economic Resilience

A U.S. economy that has weathered a year of trade, immigration and other shocks now faces a new test likely to ratchet up uncertainty after President Donald Trump’s decision to launch open-ended attacks against Iran with the stated goal of …

3 03, 2026

Drone Strikes Damage Amazon Data Centers in the UAE and Bahrain

By | March 3rd, 2026|Uncategorized|Comments Off on Drone Strikes Damage Amazon Data Centers in the UAE and Bahrain

Amazon.com Inc.’s cloud unit warned of prolonged disruptions to its services after revealing that drone strikes damaged three of its data centers in the Middle East in recent days. Amazon Web Services Inc. said for the first time that drones …

3 03, 2026

Iran Conflict Disrupts Global Shipping as Tankers Are Stranded, Damaged

By | March 3rd, 2026|Uncategorized|Comments Off on Iran Conflict Disrupts Global Shipping as Tankers Are Stranded, Damaged

Insurance companies are canceling war risk coverage for vessels in the Middle East Gulf as the widening Iran conflict disrupts shipping, leaving tankers damaged or stranded and at least two people dead. Shipping through the Strait of Hormuz between Iran …

3 03, 2026

Insurance Gaps Leave Airlines Exposed as Iran Conflict Widens

By | March 3rd, 2026|Uncategorized|Comments Off on Insurance Gaps Leave Airlines Exposed as Iran Conflict Widens

As the U.S.-Israeli air war against Iran widened on Monday with no end in sight, focus shifted to the impact on airlines. Operations have been disrupted for a third day and revenue losses are not covered by insurers, analysts and …

3 03, 2026

MNRB Gets Approval to Start Talks on Sale of Islamic Insurer Takaful Ikhlas: Sources

By | March 3rd, 2026|Uncategorized|Comments Off on MNRB Gets Approval to Start Talks on Sale of Islamic Insurer Takaful Ikhlas: Sources

Malaysia’s central bank has approved the start of talks for MNRB Holdings Bhd. to sell its Islamic insurance unit Takaful Ikhlas, according to people with knowledge of the matter. Kuala Lumpur-listed MNRB can open negotiations with Bank Kerjasama Rakyat Malaysia …

3 03, 2026

Meta Loses Insurance for Defense in Major Social Media Addiction Litigation

By | March 3rd, 2026|Uncategorized|Comments Off on Meta Loses Insurance for Defense in Major Social Media Addiction Litigation

A Delaware judge has ruled that insurers do not have a duty to defend Meta Platforms in the thousands of lawsuits that allege that its Facebook and Instagram platforms harm children. Superior Court Judge Sheldon K. Rennie ruled that Meta’s …

3 03, 2026

Tariff-Refund Seekers Flock to Little-Known US Trade Court

By | March 3rd, 2026|Uncategorized|Comments Off on Tariff-Refund Seekers Flock to Little-Known US Trade Court

Importers seeking their share of more than $130 billion in tariff refunds are flocking to a little-known U.S. trade court, which must now figure out how to deal with what is expected to be an explosion of cases. Multinationals such …

3 03, 2026

Laken Riley’s Father Files Suit, Accuses Georgia University System of Negligence

By | March 3rd, 2026|Uncategorized|Comments Off on Laken Riley’s Father Files Suit, Accuses Georgia University System of Negligence

The father of Laken Riley, who was killed on the campus of the University of Georgia by a Venezuelan man who lived nearby, is accusing the state university system of negligence that he says led to his daughter’s death. Jason …

3 03, 2026

‘Black Swan’ Risks Stalk Container Carriers in Avoiding Iran War

By | March 3rd, 2026|Uncategorized|Comments Off on ‘Black Swan’ Risks Stalk Container Carriers in Avoiding Iran War

The Iran conflict has thrust container shipping from an industry bracing for a capacity glut to another potential “black swan” supply crunch. That paradigm shift dawned on the more than 3,500 importers, freight forwarders and ocean carriers gathered this week …