Aircraft lessor AerCap said on Thursday it had been approached by Russian airlines and their insurance companies about possible settlements for planes stranded after the Ukraine invasion but that it was unclear if any deal could be reached. Western sanctions …
Shell Plc won a bid to limit a British lawsuit over an oil spill off the coast of Nigeria after a judge ruled that a group of thousands of Nigerians couldn’t prove that the disaster continued to wreak devastation on …
Turkey issued rebuilding regulations on Friday for a region devastated by earthquakes this month to enable companies or charities to help in the urgent task of building new homes for the millions who need rehousing after the devastating tremors. More …
Computers specially configured to make cyber criminals think they were small businesses operating in London were attacked by hackers over 2,000 times every minute this January. The computers – called “honeypots” in the cyber security industry – were operated by …
The Jensten Group has completed the acquisitions of Basil Fry & Company and Bellegrove, following final regulatory approval. Collectively the deals bring an additional 5000 clients, 80 staff and £40 million ($47.9 million) gross written premiums to the Jensten Group. …
European buyout houses Montagu Private Equity and Astorg Partners are preparing to hang the “for sale” sign on their UK insurance software investments, hoping to woo insurers and fellow private capital funds with their technology. Montagu is exploring a sale …
Exxon Mobil Corp. was sued for racial discrimination by a U.S. federal agency on Thursday, with charges alleging that the oil major failed to protect workers from harassment after nooses were found at one of its facilities in 2020. The …
Canada will bar civil servants from using TikTok Inc. on government-issued mobile devices due to security concerns around data collection. The social media app, which is owned by China’s ByteDance Ltd., will be automatically removed and blocked from devices starting …
In a major breach of a U.S. Marshals Service computer system this month with ransomware, hackers stole sensitive and personally identifiable data about agency employees and targets of investigations, an agency spokesman said Tuesday. The hacked system was disconnected from …
A 42-story hotel being constructed in one of Hong Kong’s tourism districts went up in flames before firefighters brought the fire under control. The Kimpton Hong Kong, a 492-room luxury hotel to be operated by InterContinental Hotels Group Plc near …