International
Russia Allegedly Hacked Yahoo, But Cybersecurity Lapses Were Severe
When it comes to Yahoo's massive security breach, the company was right about one thing. Yahoo! Inc. has been saying since September that a state-sponsored actor was behind a hack in 2014 that ...
VW Exec Ordered Held Until U.S. Emissions Trial Starts Next Year
A federal judge in Detroit on Thursday ordered that a Volkswagen AG executive charged in the automaker's diesel emissions scandal be detained until his trial set for next year, agreeing with ...
RMS Debuts Agricultural Risk Models for India, China; Expanded Cover Planned
RMS, the Newark, Calif.-based catastrophe risk management firm, has added agricultural risk models for India and China to its line of emerging risks models, with plans to expand coverage across ...
Most Insurers Envision at Least One Acquisition in 2017: KPMG Survey
A large majority of insurers plan to pursue acquisitions or divestitures through 2017, according to a new KPMG report, indicating that late-2015 and 2016 deal-making wasn't a fluke. About 84 percent ...
AIG, Wary of Battle With Icahn, Pushed for CEO Hancock’s Resignation: WSJ
American International Group Inc's decision to remove Peter Hancock as its chief executive was to avoid a proxy battle with billionaire activist investor Carl Icahn, the Wall Street Journal reported, ...
China’s Anbang Insurance Denies Investment in Kushner-Owned Manhattan Office Tower
China's Anbang Insurance Group said it is not investing in a flagship Manhattan office tower owned by the family of Jared Kushner, U.S. President Donald Trump's son-in-law and senior adviser. Anbang ...
New El Niño Possible by July; Southeast Asia Could Face Dry Weather
An El Nino may develop by July as forecasters worldwide predict the pattern that can disrupt global weather is set to return this year. Six of eight climate models predict El Nino thresholds may be ...
British Parliament Gives May OK to Begin Brexit Process; Sterling Drops
Sterling fell to an eight-week low against the dollar and the basket of currencies measuring its broader strength on Tuesday, hit by fears of prolonged political jousting over the terms of Britain's ...