International
IRS Expects ‘Glitches’ with FATCA Tax Law on Offshore Accounts
A new U.S. anti-tax evasion law, set to take effect on July 1, will encounter "inevitable glitches," said the head of the U.S. Internal Revenue Service on Monday, adding that the IRS will be ...
Brazil Declaring No-Fly Zone Over World Cup Stadiums Amid Terror Concerns
The Brazilian Air Force will declare no-fly zones over World Cup stadiums to prevent terrorist attacks during this year's soccer tournament, but there's a catch: It can't shoot down intruders, for ...
Water Supplies Strained by Rising Energy Demand: UN
Rising demand for energy, from biofuels to shale gas, is a threat to freshwater supplies that are already under strain from climate change, the United Nations said in a report on Friday. It urged ...
Insurance Payments Begin But Liability Over Missing Malaysian Jet Unclear
As the final hours of Malaysian Air Flight 370 remain wrapped in mystery, the question of who bears full liability for the jet's disappearance is also unresolved. This much is clear: Families of the ...
Malaysia Plane Loss Spurs Calls to Upload ‘Black Box’ Data to the ‘Cloud’
The disappearance of Malaysian Airlines flight MH370 has prompted calls for in-flight streaming of black box data over remote areas, but industry executives say implementing changes may be complex ...
UK Website Selling Online Taxi Insurance
On Thursday, GoTaxi announced that it had launched a new taxi insurance website in the U.K. The website's objective is to match taxi and cab drivers who are looking for all types of taxi insurance ...
UK Spending Cuts Could Mean More Flood Re Claims: Fitch
Uncertainty about UK government spending on flood defenses means the industry-managed Flood Re program for pooling flood risk may face higher-than-expected claims in the future, according to Fitch ...Apollo’s Insurer Athene Looks to Raise $1 Billion for Acquisitions
Athene Holding Ltd., the insurer controlled by Leon Black's Apollo Global Management LLC, doubled its capital-raising goal to $1 billion to add funds for acquisitions. The insurer plans to finalize ...