Article 0 Comments The U.S. has maintained a blockade of Iranian ports, while Iran lifted and then reimposed its own blockade on marine traffic passing through the Strait of Hormuz, which typically handles roughly...
Article 0 Comments Typhoon activity in the Northwest Pacific Ocean is expected to be the highest this year since 2015, according to commercial forecaster Tropical Storm Risk. The projection for 2026 is 25% above...
Article 0 Comments Record-breaking heat and drought have fueled the world’s worst ever start to a wildfire year, as climate change and a developing El Niño threaten to push extreme weather to new heights....
Article 0 Comments A losing streak in litigation finance is attracting hedge funds and other alternative investment managers looking to invest in legal claims at distressed valuations, according to people familiar with the matter....
Article 0 Comments EU countries and European Parliament lawmakers on Thursday agreed to watered-down landmark artificial intelligence rules, including delaying their implementation, in a move which critics say shows Europe caving to Big Tech....
Article 0 Comments The fast-growing private credit industry’s deepening links with traditional banks and asset managers create risks to the global financial system, the global Financial Stability Board watchdog said on Wednesday, warning some...
Article 0 Comments India has approved a 129.8-billion-rupee ($1.4 billion) guarantee for a maritime insurance pool, a minister said on Saturday, as wars and sanctions prompt insurers to withdraw cover, threatening trade flows. The...
Article 0 Comments An inquiry by the Spanish Senate blames the government, as well the country’s grid operator and energy watchdog, for last year’s unprecedented blackout, according to preliminary conclusions made public on Wednesday....
Article 0 Comments Austria’s economic model has long been anchored in Alpine water flowing through turbines to generate power for homes and businesses, but as climate change redraws the country’s hydrological map, it faces...
Article 0 Comments Shipowners are placing “huge volume requests” for insurance cover as they look to transit the Strait of Hormuz following the US-Iran ceasefire deal, according to broker McGill and Partners. With the...
