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Youth vs Europe: ‘Unprecedented’ Climate Trial Unfolds at Human Rights Court
Six young people from areas in Portugal ravaged by wildfires and heatwaves went head-to-head with 32 European governments on Wednesday, alleging in court that their failure to act fast enough on climate change is a violation of their human rights. …
POSTED SEPTEMBER 29, 2023 1:28 PM |
Shadowy Russian Oil Trade Employs Fake Coordinates and Tanker Tricks
On a sunny day off the southern coast of Greece last week, two aging tankers nestled next to each other while one pumped oil to the other. As far as global satellite tracking systems could tell, it never happened. The …
POSTED SEPTEMBER 29, 2023 1:12 PM |
People Moves: AIG Appoints Walsh as Executive Vice President and General Counsel
American International Group announced that Patricia (Trish) Walsh will join AIG as executive vice president and general counsel, effective Dec. 1, 2023. Walsh will report to Peter Zaffino, AIG chairman and chief executive officer, and serve on AIG’s Executive Leadership …
POSTED SEPTEMBER 29, 2023 12:45 PM |
BMS Taps Former PartnerRe CEO Clarke as Chair, Completes Investment From Eurazeo
BMS Group, the London-based independent specialty re/insurance broker, announced it has appointed reinsurance executive, Emmanuel Clarke, as chairman, effective Sept. 28, 2023. Clarke succeeds John Hastings-Bass, who remains with BMS as chairman of its UK and International operations. Formerly president …
POSTED SEPTEMBER 29, 2023 11:54 AM |
EU Probes Anesthesia Complication for New Weight-Loss Drugs
European authorities are investigating whether popular weight-loss and diabetes drugs including Novo Nordisk A/S’s Wegovy may be linked to complications during anesthesia. The European Medicines Agency’s safety committee, PRAC, is discussing the potential safety issue during its meeting this week. …
POSTED SEPTEMBER 29, 2023 9:42 AM |
Philips Shares Decline After Reports It Responded Late to Apnea Warnings
Royal Philips NV shares continued their decline after news reports claimed the Dutch company was slow to act on complaints about its machines designed to treat sleep apnea. Philips Respironics first received complaints about its CPAP machines and ventilators in …
POSTED SEPTEMBER 29, 2023 9:03 AM |
Allianz’s CFO to Take Top Job at Generali: Italian Media
Allianz’s Chief Financial Officer Giulio Terzariol is set to leave his post at the German group to take a top job at Italy’s biggest insurer Assicurazioni Generali, two Italian newspapers reported on Friday. Dailies la Repubblica and La Stampa reported …
POSTED SEPTEMBER 29, 2023 8:42 AM |
Tesla Sued by US Agency Over Alleged Harassment of Black Factory Workers
A U.S. civil rights agency sued Tesla Inc. on Thursday, claiming the electric carmaker has tolerated severe harassment of Black employees at its flagship Fremont, California, assembly plant, in charges similar to cases brought by the state and by Tesla …
POSTED SEPTEMBER 29, 2023 8:15 AM |
Plaintiffs’ Attorney Cites ‘Experimental Vehicles’ in Tesla Trial Over Autopilot Fatality
The lawyer representing victims of a fatal crash of a Tesla Model 3 car in his opening statement in court on Thursday blamed the company’s Autopilot driver assistant system, saying that “a car company should never sell consumers experimental vehicles.” …
POSTED SEPTEMBER 29, 2023 8:00 AM |
PE Company Bain Capital Weighs Deal for Advent’s CCC Insurance Software
Bain Capital is weighing a deal for CCC Intelligent Solutions Holdings Inc., the car-insurance software provider controlled by Advent International, according to people familiar with the matter. Bain is among suitors that have expressed interest in acquiring the Chicago-based company, …
POSTED SEPTEMBER 29, 2023 5:45 AM |
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