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...Tokio Marine is being sued by investors seeking payouts on the credit insurance, but expects no material financial impact....
...But the company was keeping close eye on evolving risks, Carrier said. “We have growing concerns over submarine drones, which are harder for naval vessels to counter,” he added....
...The syndicate will look to write business across multiple insurance and reinsurance lines, including political violence, marine, aviation and property catastrophe....
...The Public Company Accounting Oversight Board fined PwC’s Greek business $3mn on Tuesday and levied a $500,000 penalty on KPMG in Japan on Wednesday for failing to meet US standards in their audits of New...
...The Metals Company, a Nasdaq-listed, Vancouver-based company at the forefront of efforts to mine the Pacific seabed, has been lobbying US lawmakers for support measures, including federal funds for a proposed...
...He pledged to invest some of the company’s Rmb264bn ($36.6bn) of cash in such projects....
...Some have opted to sell on their claims for a fraction of their face value, with the municipality of Botzingen disclosing earlier this year that it had sold its own for 25 cents on the euro....
...The UK Insolvency Service has asked the High Court to ban Lex Greensill from running companies for up to 15 years after investigating the 2021 collapse of his eponymous supply chain finance company....
...Together, the three companies supply water to 3.7mn people across south-east England. South East Water, which is under investigation by Ofwat for service failures, declined to comment on the letter....
...The 20 vessels identified by the FT and Danwatch were carrying a total of about 10mn barrels of oil, according to Kpler, a data and analytics company....
...It also says that Tokio Marine failed to ensure that BCC provided “complete and accurate information” to IAG on the policies provided to Greensill....
...Volkswagen had already put the marine terminal for its car carriers outside the Key Bridge....
...France’s CMA CGM, the world’s third-largest container shipping line, announced on February 5 that it was suspending transits of the region after missiles were launched at a ship operating one of its services...
...Others, such as Norway’s Flocean Desal, are designing desalination technology that can work on the seabed, which, it argues, reduces impact on the marine environment and is less energy-intensive....
...“In line with this, we are omitting Baltimore on all our services for the foreseeable future, until it is deemed safe for passage through this area.”...
...In our polycrisis world, businesses keep getting caught on the back foot and chief executives are exiting companies abruptly: see Bernard Looney at BP, or Dame Alison Rose at NatWest, and Daniel Le Vesconte...
...French prosecutors have called for Marine Le Pen and 23 members of her far-right political party to stand trial on charges that they embezzled EU funds....
...Armed with cutting-edge technology, companies hope to explore new ways of working, and boost productivity....
...One person familiar with the investigation said the IS had been focused on a decision by insurance company Tokio Marine to cancel its insurance contract and efforts by Lex Greensill to get them to extend...
...Overfishing represents a risk not only for marine ecosystems but also for the 500mn people around the world who rely on the fishing sector for their livelihoods, he warned....
...The auditor faces law suits from former Wirecard shareholders and the group’s administrator seeking damages over its work for the defunct company....
...It is spring 2027, and Emmanuel Macron and Marine Le Pen are walking out together on to the stone steps of the Élysée Palace....
...The company said in a statement on Tuesday that a sale to private equity was “one of several options” on the table for Thyssenkrupp Marine Systems, which makes submarines and ships for navies....
...Andy Yen, chief executive at email service Proton, said: “I don’t think a company like Apple cares [about the fine]. It’s a slap on the wrist.”...
...German defence minister Boris Pistorius on Tuesday said the government was “thinking about” investing in Thyssenkrupp Marine Systems (TKMS) and its shipyard in Kiel, as he attended an event at the site....
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