International
EU Allows Exchange Information Exchange With U.S. on Audit Probes
Audit regulators in the European Union won EU approval to swap information with their U.S. counterparts in a step that makes it easier for watchdogs to probe potential malpractice. The U.S. Public ...Russia Sets Back UN Global Warming Talks 6 Months
The United Nations global warming talks have been set back by six months after Russia and its allies blocked progress at a group charged with implementing decisions of the 190 nations involved in the ...
Fear of Stimulus Slowing by Federal Reserve Stalks World Economy: Cutting Research
The world economy should brace itself for a slowing of stimulus by the Federal Reserve if history is any guide. Any tapering in the Fed's $85 billion-a-month asset- purchasing program will hurt ...
Cost of Factory Safety in Bangladesh on $22 Jeans: 99 Cents
In Bangladesh, the difference between a safe factory and an unsafe one comes down to a few cents. For just pennies per t-shirt or pair of trousers produced, garment manufacturers could build ...Federal Insurance Regulator Releases Annual Report
The U.S. Department of the Treasury's Federal Insurance Office (FIO) today released its annual report on the insurance industry to the President and Congress. Under the Dodd-Frank Wall Street Reform ...
Property Insurance Market Eyes New Entrants—From China, Berkshire
Industry executives speaking at an insurance conference recently discussed the potential market impact of the newest entrants to the U.S. property insurance market, with Chinese companies getting as ...Japanese Insurers Eligible for Bailout Funds Under New Law
Japan's parliament endorsed changes in legislation dealing with failed financial institutions as part of efforts by regulators worldwide to avoid a repeat of the global financial crisis. The passed ...
Floods Could Slow German Economy; Fitch Estimates Damage at 12B Euros
Floods that have devastated parts of southern and eastern Germany could briefly impede growth in Europe's biggest economy, an industry body said, while ratings agency Fitch said the economic cost ...