Risk
Tornado Economic Cost Tops $1B from Rare November Storms, Aon Says
Tornadoes and thunderstorms that swept across the U.S. Midwest last month will probably cost more than $1 billion in economic losses, led by damage in Illinois and Indiana, according to insurance ...
Hamburg Has Worst Flood in 37 Years as Storm Moves Eastward
Hamburg, Germany's biggest port, recorded its heaviest storm surge in 37 years as the low- pressure weather system Xaver swept through northern Germany, paralyzing air, rail and ship traffic. The ...
Supreme Court to Rule on When Software Merits Patent Protection
The U.S. Supreme Court agreed on Friday to rule on the divisive issue of what kinds of software are eligible for patent protection in a case being closely watched by the technology industry. The ...
Sea-Level Rise Too Fast to Reverse Climate Change, Study Says
By the time climate change reduces crop yields or frequently floods New York City subways, it will be too late to avert damage without better forecasting tools, a panel of scientists said in a report ...
Investment into Emerging Markets to Fall in 2014: World Bank
Foreign direct investment into emerging markets should decline next year because of persistent concerns about the global economy, the World Bank's political risk insurance arm said on Thursday. For ...
House Passes Bill to Curb Patent Lawsuits
The U.S. House passed legislation to rein in some patent lawsuits that technology companies say could reduce the time they spend fighting such suits in court. The vote today was 325-91, with 27 ...
World Trade Organization Nears Historic Agreement
The first global trade reform since the creation of the World Trade Organization is ready for agreement by ministers from the body's 159 member countries later on Friday, sources involved in the ...