International
Global Warming to Pressure Sovereign Creditworthiness, S&P Says
Global warming will harm sovereign creditworthiness around the world this century, with poorer nations the worst hit, Standard & Poor's Ratings Services said. Climate change is one of two "global ...
Schmidt Joins Argo as Group CUO
Argo Group International Holdings Ltd., an international underwriter of specialty insurance and reinsurance products, has appointed Axel Schmidt as group chief underwriting officer. He will succeed ...
Bank of America Cleared For Concealing $10B AIG Fraud Lawsuit
A federal appeals court said Bank of America Corp was not liable to shareholders for allegedly concealing a $10 billion fraud lawsuit by American International Group Inc, whose filing led to a ...
Convicted SocGen Trader Arrested in France; Insists Bosses Knew of Activity
Convicted rogue trader Jerome Kerviel was arrested in southern France late on Sunday to serve a three-year jail sentence in a high-profile case he has depicted as one individual's struggle against ...
Tower Group Rejects Offer From Eastern European Insurer
Tower Group International's board of directors unanimously rejected a surprise acquisition bid submitted earlier this week from an Eastern European Insurer, choosing instead to focus on an ongoing ...
Google Getting Takedown Requests After ‘Right-to-be-Forgotten’ Ruling
Google Inc. is already getting requests to remove objectionable personal information from its search engine after Europe's top court ruled that subjects have the "right to be forgotten," a source ...
Iranian Hackers Becoming Aggressive: Cyber Security Experts
Iranian hackers have become increasingly aggressive and sophisticated, moving from disrupting and defacing U.S. websites to engaging in cyber espionage, security experts say. According to Silicon ...
Study Shows Pacific Tropical Cyclone Intensity Shifting Farther North: U.S. Researchers
Typhoons are peaking in strength farther north in the western Pacific Ocean, and that may have consequences for Japan and the Korean peninsula in years to come, according to researchers. Tropical ...