Global Economy
U.S. Pension Funds Dive Into Crypto Investing in Potential First-Time Move
Morgan Creek Digital has scored what it says is probably the first investment in the crypto asset universe from a U.S. pension fund. Two pension plans in Fairfax County, Virginia are anchor investors ...
Executives On The Move at Chubb and AXIS Capital Holdings
Chubb promoted from within to fill a newly created position covering continental Europe. A former AIG executive is joining AXIS Capital Holdings Limited as head of Underwriting and Portfolio ...
Say Goodbye to Commercial Drone Industry If Major Air Accident Occurs: Lawmaker
The commercial drone industry could be torpedoed if there were a serious accident involving a drone and a commercial aircraft, the chairman of the U.S. House Transportation and Infrastructure ...
The Latest Launches From Beazley and Sompo International
Beazley started marketing coverage designed to protect banks and other lenders from pollution risks that could harm the value of property used as collateral for commercial loans. Sompo International ...
Climate Change Alert: World’s Driest Desert Floods and Wettest Woodlands Are Burning
The world's driest desert is flooding and some of the planet's wettest woodlands are burning. Welcome to summer in Chile. Rains high up in the Andes mountains have led to torrents of water pouring ...
UK Hit With Suit Concerning Brexit Deal With Ferry Company Lacking Boats
The companies that run the Channel tunnel are suing the British government over its award of ferry contracts to handle freight shipments in a no-deal Brexit, just days after one of those contracts, ...
Wealth Fund Will Press Firms It Invests in to Reveal Climate Data at Annual Meetings
Norway's $1 trillion wealth fund will push the 9,000 firms it invests in to disclose more data on greenhouse gases they emit and how they adapt to climate change during the coming annual general ...
EU Mulls Cyber Crimes Sanctions as China, Russia Activity Raises Concerns
The European Union is looking to get tough on cyber crimes. Technocrats representing the EU's 28 governments will meet in Brussels on Friday to discuss expanding the bloc's sanctions regime to punish ...