Global Economy
Suit Alleges Boeing Board Liability for 737 MAX Problems
A shareholder lawsuit filed on Monday accused Boeing Co's board of doing nothing to investigate the safety of the 737 MAX until the fast-selling plane suffered a second deadly crash in five months. ...
Insurers, Others Pressure Global Energy Watchdog Over Climate Change Fight
Fatih Birol, the head of the International Energy Agency (IEA), faced renewed pressure on Monday from investors and scientists concerned about climate change to overhaul the agency's projections for ...
AIG Hires Willis Towers Watson Executive for General Insurance Leadership Role
A former Willis Towers Watson executive is signing on with American International Group to take a leadership role in its General Insurance Unit. Allison Barrett begins at AIG on Dec. 9 as global head ...
Fire Tornadoes Becoming More Common in Australia, Thanks to Climate Change
Fire tornadoes are set to become a more common feature of the Australian landscape as climate change takes hold later this century. That's according to new research from the University of New South ...
Hamilton Insurance Places Acappella Syndicate Into Runoff
Hamilton Insurance Group Ltd. said it is placing Acappella Syndicate 2014 into runoff. Acappella is a third-party capital supported Lloyd's syndicate included in Hamilton's acquisition in August of ...
UK’s Aviva Decides to Keep China, Singapore Businesses After All
Aviva Plc, the U.K. insurer that's overhauling some businesses as part of its chief executive officer's turnaround plan, is to retain its Chinese joint venture as well as assets in its biggest ...
Daimler, Acknowledging Obstacles, Lowers Expectations for Self-Driving Robotaxis
Daimler has taken a "reality check" on self-driving "robotaxis," acknowledging that making them safe is proving harder than first thought amid questions over their future earnings potential. Chief ...
European Central Bank May Include Climate Change Risks in Future Bank Stress Tests
The European Central Bank is considering including climate-change risks in future European banking stress tests, ECB Vice President Luis De Guindos said on Thursday. Speaking at a BNP Paribas banking ...