Global Economy
Tesla Factory Struck by ‘Serious’ Cyber Attack
Elon Musk said on Thursday that Tesla Inc's factory in Nevada was a target of a "serious" cybersecurity attack, confirming a media report that claimed an employee of the company helped the Federal ...
COVID-19 Left Reinsurers With ‘Anemic Earnings’ Picture Despite Investment Return Rebound
Even though investment returns rebounded from first-quarter levels during the second quarter of 2020, claims from COVID-19 created an "anemic earnings" picture for global reinsurers, Moody's Investor ...
Post-Brexit Discussions Pulled From Agenda for EU Envoys’ Meeting
A discussion about the negotiations over Britain and the European Union's post-Brexit relationship has been dropped from the agenda of a meeting of EU envoys next week because the talks have stalled, ...
U.S. Black Farmers Sue to Ban or Place Product Warnings on Roundup Weedkiller
A group of Black U.S. farmers filed a federal lawsuit on Wednesday, seeking to force Bayer AG to either stop selling its widely used weedkiller Roundup or roll out new product warnings. The National ...
COVID-19 Moves Global Festival Promoting Insurance Diversity Online
An international festival designed to promote diversity and inclusion in insurance is going virtual for its 2020 global gathering. Dive In debuted in London in 2015 as an outgrowth of ...
Aon, Willis Towers Watson Shareholders Sign Off on Planned Merger
Shareholders of insurance brokers Aon and Willis Towers Watson have approved all of the proposals necessary to complete their previously announced combination, the firms announced. Aon intends to ...
MS Amlin Names Carrier as Chief Underwriting Officer in Ongoing Corporate Revamp
MS Amlin Underwriting Limited, the Lloyd's insurer and insurer, has appointed Andrew Carrier to the new position of chief underwriting officer. Carrier will be responsible for managing all of MS ...
Hurricane Laura Rivals Katrina’s Threat to US Oil Industry
Oil production shutdowns in the U.S. Gulf of Mexico are approaching the level of 2005's Hurricane Katrina, and coastal refiners on Tuesday scrambled to cut processing ahead of a major hurricane ...