Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from a field on the ocean floor and transferring it to a tanker ship. Such transfers are routine in the offshore …
Leaked Files Raise Fears About Shell Oil Production Fleet, Years After Devastating Spill Read More »
Britain’s financial industry has made little progress in recruiting more women to top positions, a new report from the UK finance ministry said on Thursday, a pace of change the head of British insurer Aviva called “unacceptable.” Further progress may …
UK Financial Services Industry Slow to Hire Women to Top Roles, Report Finds Read More »
Hackers targeting Australia’s major pension funds in a series of coordinated attacks have stolen savings from some members at the biggest fund, according to a source with knowledge of the matter, and compromised more than 20,000 accounts. National Cyber Security …
Hackers Target Australia’s Largest Pension Funds in Coordinated Attacks Read More »
Italy’s biggest insurer Generali intends to heed advice from the government when Rome starts reviewing a planned asset management tie-up with France’s BPCE, CEO Philippe Donnet said in a newspaper interview on Friday. Generali in January signed a non-binding accord …
Generali to Comply With Government’s View on Natixis Deal, CEO Tells Newspaper Read More »
French reinsurance company SCOR said on Friday it has been placed under examination by a Paris court for facts alleged against its former chairman, Denis Kessler, in relation to Covéa Group’s acquisition of PartnerRe in 2022. SCOR said it firmly …
SCOR Placed Under Court Examination for Allegations Against Former Chair Kessler Read More »
Texas, the nation’s top trading state, is facing a weakening economic outlook as the Trump administration’s sweeping trade and immigration policies fuel worries among businesses about higher costs, reduced demand and labor shortages, according to the Federal Reserve Bank of …
Dallas Fed Warns of Slowing Growth in Trade-Reliant Texas Read More »
Microsoft Corp. has pulled back on data center projects around the world, suggesting the company is taking a harder look at its plans to build the server farms powering artificial intelligence and the cloud. The software company has recently halted …
Microsoft Pulls Back on Data Centers From Chicago to Jakarta Read More »
A report published this week by a Washington, D.C.-based think tank ranks Louisiana as the worst state for social mobility, and links the state’s lawsuit abuse climate as a factor for why many residents never get ahead. Archbridge Institute published …
Report Highlights Louisiana’s Tort System as Barrier to Social Mobility Read More »
A U.S. judge said several companies including Walmart, Beech-Nut and Gerber must face a nationwide lawsuit claiming that toxic heavy metals contaminated their baby food, causing brain and neurodevelopmental damage to children who ate it. In a decision on Wednesday, …
Several Companies Must Face Lawsuit Over Tainted Baby Food, Judge Rules Read More »
Key Insurance, a Kansas-based insurer specializing in non-standard auto, was placed into liquidation this week after a court ruled the company insolvent. The Shawnee County District Court ordered the liquidation of Key on March 31 after reviewing significant evidence that …
Kansas’ Key Insurance Placed Into Liquidation Read More »
