European insurance watchdogs are taking a closer look at how the industry values its investments in private credit amid widespread concerns about the asset class. Authorities in France and Germany are
The National Highway Traffic Safety Administration on Thursday escalated its probe into 3.2 million Tesla vehicles with Full Self-Driving driver-assistance on concerns the system may fail to detect or
Air traffic controllers will use radar, not just visual checks, to ensure that helicopters maintain a safe distance from arriving and departing airplanes in the wake of last year’s fatal midair
A move to allow Florida voters to decide if recreational marijuana should be legal in the state won’t be appearing on ballots anytime soon. The Florida Supreme Court this week declined to hear a
Shipments ranging from fresh produce to airplane parts are in limbo as an escalating Middle East conflict reduces the world’s air cargo capacity by more than one-fifth and pushes up freight rate
President Donald Trump says the US will ensure the free flow of energy through the Persian Gulf with insurance guarantees and even naval escorts. But the shipping industry sees it — at best — as o
Britain’s government on Friday appointed a former regulator and current Barclays BARC.L executive, Katharine Braddick, as the Bank of England’s next deputy governor for prudential regulati
More than 1,000 properties flooded in London in 2021, resulting in insurance losses of more than £281 million. Record-breaking floods continue to hit the UK. In the capital, 13% of properties have be
A county commission in Pennsylvania on Tuesday denied a request by Talen Energy to rezone hundreds of acres of land for the development of data centers, marking the latest example of local pushback ha
For the secretive billionaire Besnier family, the recent recall of potentially dangerous infant formula made by its nearly century-old firm brings an uncomfortable feeling of deja vu. Just eight years