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Credit Suisse, SoftBank Fight Over Greensill Losses in $440 Million London Lawsuit
Credit Suisse’s $440 million London lawsuit against Japan’s SoftBank Group Corp. kicked off on Thursday over losses linked to Greensill Capital, with the collapsed finance firm’s founder Lex Greensill expected to give evidence next week. The case, which centers on …
POSTED JUNE 06, 2025 12:14 PM |
New Zealand All Blacks Rugby Team Agrees Sponsorship Deal With Broker Gallagher
New Zealand Rugby agreed a sponsorship deal with Gallagher insurance that will give the US-based insurance brokerage naming rights on the playing kit of the All Blacks rugby team. Gallagher’s brand will appear on training and match-day shorts of the …
POSTED JUNE 06, 2025 12:04 PM |
Cyber Incidents in Canada Triple in 2 Years: QBE Research
Significant cyber incidents have tripled in two years in Canada, driven by technological, socioeconomic and geopolitical factors such as the war in Ukraine, according to research from commercial insurer QBE. Disruptive, globally significant and successful cyberattacks have increased from 10 …
POSTED JUNE 06, 2025 11:50 AM |
Senators Propose Air Safety Reforms for National Airport After Fatal Collision
A group of seven Democratic senators on Thursday introduced sweeping air safety legislation after a fatal collision between an Army helicopter and an American Airlines regional jet in January near Reagan Washington National Airport killed 67 people. Lawmakers have questioned …
POSTED JUNE 06, 2025 11:41 AM |
Satellite Data Capturing Burned Acres Show Canada Wildfire Season off to Wild Start
While images of wildfires capture their ferocity, data can provide insight into how bad a fire season is. Such is the case with two graphics, powered by satellite data, that showcase a Canadian wildfire season off to a wild — …
POSTED JUNE 06, 2025 11:30 AM |
Crews Work to Contain Diesel Fuel Spill in Baltimore Harbor
State, city and U.S. Coast Guard crews of more than 100 people worked overnight to contain and clean up a 2,000-gallon diesel fuel spill in Baltimore’s harbor. On Wednesday at 11 a.m., first responders received what Johns Hopkins Hospital believed …
POSTED JUNE 06, 2025 11:22 AM |
Russia’s Aeroflot to Settle Deals for Last 36 Planes Leased From West
Russian flag carrier Aeroflot expects to sign settlement deals with Western insurers and leasing firms on the last 36 planes from a total of 228 aircraft it agreed to buy, Aeroflot head Sergei Aleksandrovski told Russian newspaper Kommersant. Aircraft leasing …
POSTED JUNE 06, 2025 9:34 AM |
World’s Auto Supply Chain Is in Hands of a Few Chinese Bureaucrats
In a hulking grey building just east of Tiananmen square in Beijing, a small team in China’s Ministry of Commerce is deciding the fate of the global auto industry, one rare earth magnet export permit at a time. China holds …
POSTED JUNE 06, 2025 9:17 AM |
Viewpoint: Fixing the Claims Experience Where It Matters Most – In the Mess
Before becoming a parent, I thought I could plan for everything. There are books, blogs and apps galore. My prediction was that I could stay ahead of the chaos if I studied, prepared enough and followed the proper steps. Then …
POSTED JUNE 06, 2025 6:01 AM |
Reddit Sues Anthropic, Says AI Company Exploited User Data
Reddit Inc. sued artificial intelligence firm Anthropic, saying it has used the social media company’s content without permission to train its AI models. The lawsuit, which was filed Wednesday in San Francisco Superior Court, alleges that Anthropic attempted to access …
POSTED JUNE 06, 2025 5:12 AM |
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