4+ day, 8+ hour ago   (394+ words) Disruptions in the Strait of Hormuz could push small and medium-sized businesses out of global supply chains, increasing economic concentration and weakening the resilience of international trade, the United Nations Conference on Trade and Development said on Tuesday [Sept. 8]. … Disruptions…...

1+ week, 4+ day ago   (86+ words) South Korea’s Samsung Group-affiliated insurers plan to acquire London-based reinsurance company Canopius by buying an additional 50% stake for more than 2 trillion won ($1.47 billion), the Korea Economic Daily said on Thursday. Samsung Fire and Marine Insurance Co. and Samsung Life Insurance…...

2+ week, 5+ day ago   (224+ words) Canada on Tuesday announced retaliatory tariffs on C$27.6 billion ($19.94 billion) worth of United States goods, matching dollar-for-dollar new duties imposed by Washington, and unveiled financial support for Canadian businesses and workers caught in the escalating trade war. The counter-tariffs take…...

2+ week, 6+ day ago   (310+ words) New Zealand’s insurance industry is failing to consistently meet the needs of Māori, with affordability barriers and difficulties insuring collectively owned land leaving them less likely to have cover, according to a study by the market watchdog. “Current insurance settings…...

3+ week, 4+ day ago   (546+ words) Hui was sentenced alongside 56 others involved in Evergrande, including his sons Xu Zhijian and Xu Tenghe. His assets will be confiscated, Hong Kong-listed Evergrande fined 8.82 billion yuan ($1.3 billion) and Hengda Real Estate, an onshore unit, forced to pay another 7 billion…...

3+ week, 6+ day ago   (678+ words) For more than a century, cafes in the Italian city of Padua have welcomed customers for an early evening drink, or aperitivo, encouraging them to sit outside and socialize before dinner. As Europe bakes under its fifth heatwave of the…...

3+ week, 6+ day ago   (262+ words) France is mobilizing more than €100 million ($116 million) in aid to rebuild homes and issue tax relief to businesses devastated by this summer’s wildfires. The government has allocated €12 million for the Gironde and Landes departments in the southwest, which were impacted…...

4+ week, 5+ hour ago   (522+ words) Two weeks after an unprecedented hacking attack shook the tiny Alpine principality of Liechtenstein and its outsize financial center, officials say they still don’t know who the perpetrators were or what they want. Yet one thing is clear according to…...