Sabotage and Cyberattacks Have Put Europe’s Power Networks on Alert

The helicopter flying over fields, rivers and villages in central Poland is loaded with high-tech cameras and sensors. The pilot, an army veteran who served in Iraq and Afghanistan, keeps the small Robinson R66 low to the ground. The chopper …

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Health Officials Downplay Pandemic Risk From Cruise Hantavirus Outbreak

The deadly hantavirus outbreak on a cruise ship doesn’t risk triggering the next pandemic, World Health Organization officials said, downplaying an incident that has raised concern about a new viral contagion. “This is not Covid, this is not influenza,” Maria …

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This 'win-win' hedge trade is getting popular with traders

The trade is fairly simple: sell downside protection in semiconductor names where volatility is expensive, and buy downside protection in the S&P 500, where it's relatively cheap.

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Thieves Are Stealing Chile’s Solar Panels and Cashing In on the Black Market

Just before midnight, two men in white coveralls and black gloves scale an electric fence at a solar farm in Chile’s Atacama Desert, then slip soundlessly into rows of sleek panels. Others use a poultry shear and electric angle grinder …

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Iran Sets Out Process for Hormuz Transit But Shipowners Are Wary

Iran has laid out an updated process for ships seeking to transit Hormuz, but several shipowners said they remained cautious about sending their vessels through until there are more details about the conditions that may be imposed. Iran’s Islamic Revolutionary …

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Spanberger Weighs Legislation to Allow Class Action Lawsuits in Virginia Courts

Gov. Abigail Spanberger is weighing whether to sign or veto legislation that would, for the first time, allow Virginians to file class action lawsuits in state courts — a shift advocates say would expand access to justice, but one that …

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Volkswagen’s Brazil Unit Recalls Five Models for Instrument Panel Software Fix

Volkswagen’s Brazilian unit announced on Monday [May 4] a recall of five models manufactured up to five years ago for a software inspection and potential update to fix a malfunction in the instrument cluster. The recall includes the Polo, Virtus, …

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Heat-Trapping Microplastics Found to Play Role in Climate Change

Microplastics in the atmosphere are heating the planet, magnifying climate change impacts, according to new research. Scientists in China and the US found that tiny, colored plastic particles absorb sunlight as winds blow them around the world, trapping heat and …

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Coinbase cuts headcount by 14% citing AI acceleration. The shares are gaining

Coinbase will cut roughly 14% of its workforce, citing a combination of market volatility and the how AI is quickly changing how the company operates.

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Insurer QBE Faces Investor Pressure Over Extreme Weather Risks

Australian Ethical Investment Ltd., a pension fund with about A$14 billion ($10 billion) under management, is pressuring QBE Insurance Group Ltd. over the potential threat extreme weather poses to future profitability. The fund, which holds about A$65 million of QBE …

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Oil Tanker Pricing Feud Embroils Centuries-Old London Market

A legal claim from one of the world’s largest oil traders is throwing a spotlight on an arcane but critical corner of global finance — the multibillion-dollar freight market and the 282-year-old City of London institution that sits at the …

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Hantavirus Outbreak on Cruise Ship Leaves 3 Dead, WHO Says

Three people have died and one is in intensive care in South Africa after a cluster of hantavirus infections linked to a cruise ship in the Atlantic Ocean, the World Health Organization said Sunday. One case has been confirmed by …

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Baltic Exchange Denies Mercuria’s Allegations Over Hormuz Freight Losses

The Baltic Exchange, the world’s top provider of benchmark shipping indices, has denied allegations from Mercuria that some of its oil tanker pricing data caused losses at the commodity trader. In a court filing dated April 30, Switzerland-based Mercuria said …

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Maui Fire Lawsuit Payouts Are Near, but Few Will Break Even

Leslie Clark isn’t counting on money from the Maui wildfire settlement to help rebuild her family home near Front Street in Lahaina. Worrying about something out of her control “is not good for your health,” said Clark, 62, who lost …

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Greg Abel earns solid scorecard from Berkshire shareholders after first annual meeting

The reviews from longtime shareholders and professional investors were broadly positive, even as many acknowledged the notable absence of Warren Buffett,

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Top Wall Street analysts like these 3 stocks for their long-term prospects

The recommendations and analysis of these Wall Street experts can provide useful insights for stock selection.

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Arch Insurance EU Launches Europe Property Operations, While Opening Milan Office

Arch Insurance EU announced the launch of its European property operations, alongside the opening of a new office in Milan writing accident & health, cargo & logistics, fine art & specie, general liability and property, effective immediately. This development marks …

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Iran War Is ‘Supercharging’ Clean Energy Transition, UN Climate Chief Says

The Iran war is “supercharging” the world’s shift to renewable energy, as countries scramble to reduce their exposure to volatile oil and gas markets, the U.N. climate secretary said on Thursday. The U.S.-Israeli war with Iran has upended oil and …

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Grant Thornton: Insurers See AI Gains But Face Governance Gap

Insurers are seeing gains from artificial intelligence, but many are also exposing themselves to unnecessary risks, according to a new Grant Thornton report. The independent CPA firm’s 2026 AI Impact Survey Report found that 44% of insurance executives say governance …

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Markets/Coverages: Willis’ Merger Protect to Help With M&A Compliance Costs; Axon Cyber Launches for Small Enterprises

Willis, a WTW business, has launched Merger Protect, a specialty insurance solution to help organizations manage the financial impact of U.S. antitrust regulatory review in mergers and acquisitions transactions. Merger Protect forms part of Willis’ broader transactional risk offering, designed …

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