International
Chipmaker for iPhones Briefly Shut Several Plants After WannaCry Variant Attack
Taiwan Semiconductor Manufacturing Co. blamed a variant of the 2017 WannaCry ransomware for the unprecedented shutdown of several plants, as it ramps up chipmaking for Apple Inc.'s next iPhones. Full ...
Brexit Negotiations at Delicate Stage for the UK’s Financial Services Industry
Britain must avoid tying Brussels up in red tape or antagonizing its soon to be former European Union partners and the United States if it is to maintain access to the bloc's financial services ...
Executives On The Move At AIG and Argo Group
AIG brought in a veteran insurance industry financial executive to be its new chief accounting officer. Argo Group appointed a retired Allied World executive to its board of directors.
Once Again, Dust From Africa Helps Tamp Down Atlantic Hurricane Risks
Atlantic storm watchers are going to have a hard time seeing the ocean, never mind any tropical systems, as another Saharan swirl of dust from Africa is moving west. The dust, a marker for dry air, ...
Wait Before You Ask About AIG’s Next M&A Target
Now that American International Group has finally closed its $5.6 billion acquisition of Validus Holdings, an unspoken question has been: What's the next acquisition target? The issue came up during ...
UK PM May Remains Hopeful About Brexit Deal Despite Trade Secretary’s Pessimism
Theresa May still believes that a Brexit deal with the European Union is likelier than not, according to her spokesman, despite her Trade Secretary Liam Fox saying the opposite over the weekend. "We ...
Munich Re Will Halt Investment in Coal-Related Businesses
Munich Re, the world's biggest reinsurer, will stop investing in bonds and shares of companies that generate more than 30 percent of their sales with coal-related business, its chief executive said, ...
The Latest Launches From Beazley and QBE North America
Beazley has a new consortium at Lloyd's designed to boost capacity for wage & hour risks. QBE North America expanded its operating agreement with a specialist professional liability managing ...
Allianz Beats Profit Estimates, Thanks to PIMCO Momentum
Even after outflows hit Pimco in the last quarter, Allianz SE's giant bond fund unit is on a roll. In an industry plagued by ever-shrinking margins, Pacific Investment Management Co. and its smaller ...