Insurance

The UK should get bolder with overhauling rules to encourage more risk-taking in the financial services sector, according to the City of London’s new Lady Mayor. “The trouble with incremental change, especially in a fast-paced world, is that it’s not …

ICEYE, a Finnish satellite developer with a number of defense contracts, has raised money at a €2.4 billion ($2.8 billion) valuation, capitalizing on the military spending boom across Europe. Venture firm General Catalyst led the financing round, which included €150 …

Indonesia will need 51.8 trillion rupiah ($3.2 billion) to rebuild areas devastated by recent floods and landslides in Sumatra, according to the national disaster agency. More than 900 people have died as a result of monsoon rainfall that was intensified …

BNP Paribas plans to increase its stake in Belgium’s largest insurer Ageas to 22.5% from 14.9%, cementing its position as top anchor investor in a two-leg transaction worth 3 billion euros ($3.5 billion), the companies said on Monday. The deal …

Apple and Google have sent a new round of cyber threat notifications to users around the world, the companies said this week, announcing their latest effort to insulate customers against surveillance threats. Apple and the Alphabet-owned Google are two of …

A Dunkin’ Donuts cashier who was stabbed by an Atlanta-area rapper has only the workers’ compensation remedy, even if the incident seems far outside the scope of work duites, the Georgia Court of Appeals has decided. “In this case, the …

Honolulu’s city council authorized $1 million to settle a lawsuit by the family of a 16-year-old boy who was shot and killed by police. The fatal shooting of Iremamber Sykap in 2021 came amid a national reckoning over police use …

Massachusetts’ highest court heard oral arguments Friday in the state’s lawsuit arguing that Meta designed features on Facebook and Instagram to make them addictive to young users. The lawsuit, filed in 2024 by Attorney General Andrea Campbell, alleges that Meta …

A pipeline owned by California Resources Corporation subsidiary Aera Energy spilled 96 barrels of produced fluid — a mixture of oil and water — early Friday morning at an oil field in Monterey County in California’s Central Coast. The spill …

Three lawmakers who represent Piedmont, South Dakota, hope to change weak state mining laws that allowed a proposed limestone mine to be sited without notification or input by any local officials or residents. The plan by Simon Contractors to begin …