International
Greenberg Argument: U.S. Bailout of AIG Extorted Shareholders
The U.S. extorted American International Group Inc. shareholders when it extended a $182 billion taxpayer bailout at the height of the 2008 financial crisis, a lawyer for Maurice "Hank" Greenberg ...
Report: PC Industry Increasingly Embraces Big Data Analytics
North American property/casualty insurers have moved well beyond cautious dabbling into projects involving big data analytics. At the same time, they must find more employees with advanced degrees in ...
Death Toll in Japan Volcano Rises to 36
At least 36 people are believed to have died from this weekend's eruption at Mt. Ontake in central Japan, as dangerous gases emitting from the country's second-highest volcano hampered efforts to ...
Nuclear Plant Construction Rising In Emerging Nations
Three years after Japan closed all of its nuclear plants in the wake of the Fukushima meltdown and Germany decided to shut its industry, developing countries are leading the biggest construction boom ...
Death Toll Possibly Over 30 in Japan Volcano Eruption
More than 30 people may be dead in a volcanic eruption in central Japan, the nation's second natural disaster in the past month. Smoke and ash billowed from Mt. Ontake throughout the day yesterday as ...
Africa to Issue Climate Change Bonds in 2016; Structure Similar to Cat Bonds
Global warming in Africa may soon move bond markets. In 2016, the first climate change bonds will be issued from Africa— unique instruments that will enable the world's poorest continent to tap ...
PIMCO’s Gross Exit, Fireman’s Fund Struggles Challenge Allianz Leaders
German insurer Allianz suffered a humiliating blow on Friday with the resignation of renowned investor Bill Gross as leader of PIMCO, the asset manager Allianz relies on for one fourth of its ...
IRS Warns of FATCA-Related Phishing Scams
The Internal Revenue Service is warning that "scam artists" posing as members of the agency are using phone calls and faxes in an attempt to steal financial and account holder information from ...