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Iran War Risk: London Insurers Won't Cover Ships, What Do They Know That We Don't?
A major spill in the Gulf or Strait of Hormuz could cost between $860 million and $1.6 billion with no credible insurer to pay. Sanctions exposure also gives underwriters grounds to deny claims.
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"Minimal Impact On India": Centre On Trump's 25% Tariff On Iran Partners
India's commercial exposure to Iran is marginal, and therefore it is unlikely to face any meaningful fallout from the latest US tariff action, government sources said on Tuesday.
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USDC-Issuer Circle Plans IPO, Files Paperwork with US SEC: All Details
Circle has filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC). If approved, Circle’s stocks will get listed on the New York Stock Exchange (NYSE) as “CRCL”. The company stated that the move seeks to enhance transparency and accountability while engaging with the investor community.
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Intel Says It Will Sack 18,000 Staff, Cut $20 Billion In Expenses
US chip maker Intel said Thursday it will slash more than 15 percent of its workforce as it streamlines operations.The plan to cut approximately $20 billion in expenses this year came as Intel reported a loss of $1.6 billion in the recently ended qua
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EU Antitrust Regulators Quiz Microsoft’s Rivals on Request for Customer Data
EU antitrust regulators are asking Microsoft's rivals what kind of customer data they are required to provide to the US tech giant as part of their Azure cloud contracts, six months after a trade group complained about its cloud computing practices. The European Commission asked recipients for a list of contractual clauses requiring these companies...
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Boeing Gets $1.6 Billion Contract For US Ballistic Missile Upkeep
Boeing has been awarded a $1.6 billion contract to provide guidance subsystem support for US Minuteman III Intercontinental ballistic missiles, the Pentagon said Wednesday.
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US Powerball Jackpot Soars To $1.6 Billion, Largest In History
The US Powerball jackpot grand prize that could pay out as soon as Saturday has climbed to $1.6 billion, the world's largest lotto prize ever.
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US Commits $300 Million More In Security Aid To Ukraine
The US Defense Department announced Friday it is allotting $300 million in "security assistance" for Ukraine to bolster the country's defense capabilities, adding to the $1.6 billion Washington has committed since Russia invaded in late February.
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Pentagon Announces $300 Million In Additional Assistance For Ukraine
The US Defense Department announced Friday it is setting aside $300 million in "security assistance" for Ukraine to bolster the country's defense capabilities, adding to the $1.6 billion Washington has committed since Russia invaded in late February.
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Rich Nations Stockpiling Covid Vaccine, Not Enough For Rest: US Study
India has made advance purchase of the maximum amount of Covid vaccine in the world with 1.6 billion doses, but it would only cover 59 per cent of its population. A study by the Duke University of the US shows a huge gap in the vaccine purchase of rich nations and developing countries. High income countries have purchased as many vaccine doses as p...
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Iran War Risk: London Insurers Won't Cover Ships, What Do They Know That We Don't?
A major spill in the Gulf or Strait of Hormuz could cost between $860 million and $1.6 billion with no credible insurer to pay. Sanctions exposure also gives underwriters grounds to deny claims.
-
"Minimal Impact On India": Centre On Trump's 25% Tariff On Iran Partners
India's commercial exposure to Iran is marginal, and therefore it is unlikely to face any meaningful fallout from the latest US tariff action, government sources said on Tuesday.
-
USDC-Issuer Circle Plans IPO, Files Paperwork with US SEC: All Details
Circle has filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC). If approved, Circle’s stocks will get listed on the New York Stock Exchange (NYSE) as “CRCL”. The company stated that the move seeks to enhance transparency and accountability while engaging with the investor community.
-
Intel Says It Will Sack 18,000 Staff, Cut $20 Billion In Expenses
US chip maker Intel said Thursday it will slash more than 15 percent of its workforce as it streamlines operations.The plan to cut approximately $20 billion in expenses this year came as Intel reported a loss of $1.6 billion in the recently ended qua
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EU Antitrust Regulators Quiz Microsoft’s Rivals on Request for Customer Data
EU antitrust regulators are asking Microsoft's rivals what kind of customer data they are required to provide to the US tech giant as part of their Azure cloud contracts, six months after a trade group complained about its cloud computing practices. The European Commission asked recipients for a list of contractual clauses requiring these companies...
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Boeing Gets $1.6 Billion Contract For US Ballistic Missile Upkeep
Boeing has been awarded a $1.6 billion contract to provide guidance subsystem support for US Minuteman III Intercontinental ballistic missiles, the Pentagon said Wednesday.
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US Powerball Jackpot Soars To $1.6 Billion, Largest In History
The US Powerball jackpot grand prize that could pay out as soon as Saturday has climbed to $1.6 billion, the world's largest lotto prize ever.
-
US Commits $300 Million More In Security Aid To Ukraine
The US Defense Department announced Friday it is allotting $300 million in "security assistance" for Ukraine to bolster the country's defense capabilities, adding to the $1.6 billion Washington has committed since Russia invaded in late February.
-
Pentagon Announces $300 Million In Additional Assistance For Ukraine
The US Defense Department announced Friday it is setting aside $300 million in "security assistance" for Ukraine to bolster the country's defense capabilities, adding to the $1.6 billion Washington has committed since Russia invaded in late February.
-
Rich Nations Stockpiling Covid Vaccine, Not Enough For Rest: US Study
India has made advance purchase of the maximum amount of Covid vaccine in the world with 1.6 billion doses, but it would only cover 59 per cent of its population. A study by the Duke University of the US shows a huge gap in the vaccine purchase of rich nations and developing countries. High income countries have purchased as many vaccine doses as p...
