Global Economy
VW Denies Allegations Its Chairman Knew Early About Emissions Test Cheating
Volkswagen has denied allegations that Chairman Hans Dieter Poetsch knew about the carmaker's emissions test cheating almost three months before U.S. authorities made it public in September 2015. ...
Brexit Vote Delayed So May Can Avoid Defeat, Seek Better Deal With EU
U.K. Prime Minister Theresa May is calling off a crucial vote in Parliament on whether to approve her Brexit deal and will head back to Brussels to seek a better offer from the European Union. May ...
Insuring Collectibles: Tales About the Super Rich, Whisky Insurance, and More
With prices of rare whisky soaring into the six and seven digits, ensuring that precious spirit is protected is not only recommended but essential, says Ron Fiamma, head of global collections at ...
Liberty Mutual Forms $1B Risk-Sharing Deal with OPIC, Furthering Diversification Strategy
Liberty Mutual Insurance has formed a $1 billion risk-sharing agreement with the Overseas Private Investment Corp. (OPIC), the U.S. government's development finance institution, which furthers the ...
Senior Democrat Urges Tougher U.S. Response to Cyber Attacks
A senior Democratic senator warned Friday that the U.S. is failing to defend against continuing cyber attacks by China, Russia and other countries, urging the Trump administration to show resolve to ...
Proposed Coal Plant Carbon Rule Roll Back Could Trigger New Plants
The Trump administration is expected on Thursday to roll back an Obama-era rule that requires new coal plants to capture their carbon emissions, a move that could crack open the door in coming years ...
Last-Ditch Lawsuit Seeks to Invalidate Brexit Referendum
A group making a last-ditch attempt to challenge the June 2016 Brexit vote asked a London court to review whether findings that "corrupt and illegal practices" took place during the campaign were ...
For Two Years Running, U.S. Wildfire Claims Payouts Will Exceed $10 Billion
Here's an ominous milestone for the property/casualty industry: 2018 will likely be the second consecutive year where insurance claims payouts related to annual U.S. wildfires will exceed $10 ...