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EU Wants Countries to Draw Up Plans to Deal With Warming of 3C
The European Union will propose new rules obliging member states to put climate resilience plans in place to deal with average global temperatures rising 3C above pre-industrial levels by the end of the century. Europe is the fastest warming continent …
POSTED OCTOBER 26, 2026 2:24 PM |
VW Plans New $4B Audi Plant in Georgia
Volkswagen AG plans to build a new $4 billion factory for its premium Audi brand in the southern US state of Georgia, expecting the move will yield potential relief from tariffs that have severely eroded profits. The German manufacturer will …
POSTED OCTOBER 26, 2026 1:57 PM |
Borr Drilling Rig Sinks Off Gabon With One Person Dead and Four Missing
Borr Drilling’s Prospector 5 rig sank late on Saturday off the coast of Mayumba, Gabon, killing one employee and leaving four others missing among the 115 people on board, three sources familiar with the matter said on Sunday. An Indian …
POSTED OCTOBER 26, 2026 1:53 PM |
Data Centers Face Downgrade Risk Amid Local Pushback, S&P Says
Data centers face potential credit rating downgrades due to moratoriums and cancellations driven by public opposition, according to S&P Global Ratings. Delays due to grid capacity constraints, environmental sustainability concerns and zoning shifts “could increase downward pressure on the creditworthiness …
POSTED OCTOBER 26, 2026 1:42 PM |
CopperPoint Completes Acquisition of Surety Specialist GIG and Tech Platforms
CopperPoint Insurance Co., a workers’ compensation and commercial insurance provider based in Phoenix, has completed its acquisition of Boston-based General Indemnity Group (GIG), an insurance holding company specializing in commercial and contract surety. The sale to CopperPoint by Boston Omaha …
POSTED OCTOBER 26, 2026 1:25 PM |
Senator Grassley Adds to Fight for Federal TPLF Disclosure
Those lobbying for changes in court rules to require disclosure of third-party litigation funding have a new ally – Sen. Chuck Grassley. Grassley, R-Iowa, the chairman of the U.S. Senate’s Judiciary Committee, submitted a letter to the Advisory Committee on …
POSTED OCTOBER 26, 2026 1:23 PM |
UAE Shuts More Beaches as It Deals with Oil Spill in Gulf
The United Arab Emirates shut more beaches after an oil spill in the Persian Gulf raised concerns over environmental and health impacts. Sharjah said Al Hamriya Beach has been closed as a precautionary measure to prevent pollution from the oil …
POSTED OCTOBER 26, 2026 12:54 PM |
Japanese Companies Compensate Users as Cyberattacks Buffet Economy
Japanese companies are moving to pay compensation to users following waves of cyberattacks that have disrupted internet services and raised concerns about economic stability. GMO Internet Group, a leading provider of online financial services, said customers would be compensated for …
POSTED OCTOBER 26, 2026 12:26 PM |
Generali to Cut 9% of Workforce in Germany, Streamline Structure
Assicurazioni Generali SpA plans to reduce around 9% of its workforce in Germany and downsize locations as part of a simplification effort in the European country. Generali plans to set up five regional centers in Munich, Cologne, Karlsruhe, Hamburg and …
POSTED OCTOBER 26, 2026 12:09 PM |
Hacking Attempts Surge as Companies, Governments Rush to Patch PHP Flaws
Global firms and governments rushed on Thursday to patch critical flaws in the PHP programming language that underpins much of the internet, as cloud firms reported a surge of hacking attempts after the vulnerabilities were disclosed. The push came after …
POSTED OCTOBER 26, 2026 5:11 AM |
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