Mizrahi Tefahot Bank to distribute 50% of NIS 1.5b Q3 profit
Category: 1. Iran
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Mizrahi Tefahot Bank to distribute 50% of NIS 1.5b Q3 profit
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HP Integrates Microsoft Platform to Enhance Hybrid Work Solutions
HP’s latest collaboration with Microsoft aims to transform the hybrid workplace by integrating advanced technologies that cater specifically to the evolving needs of modern businesses. This initiative is set to…
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No Firm Is Immune if AI Bubble Bursts, Google CEO Tells BBC
Alphabet Chief Executive Sundar Pichai said no company would be unscathed if the artificial intelligence boom collapses, as soaring valuations and heavy investment in the sector fuel concerns of a bubble.
Pichai said in an interview with the BBC…
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European Central Bank’s Guindos Says Financial-Stability Risks Remain Elevated
European Central Bank Vice President Luis de Guindos said financial-stability risks are still high due to the unpredictable outlook for the global economy and trade.
“Vulnerabilities remain elevated in view of uncertainty over…
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Belgian Farmer Sues French Energy Giant for Damage Caused by Climate Change
A Belgian farmer is facing off against oil giant TotalEnergies in court on Wednesday, arguing the French company should pay for damage caused by climate change, in the latest lawsuit by environmental activists against big energy…
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Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG
Lloyd’s of London is investigating its former chief executive officer, John Neal, who was set to start at American International Group Inc. next month before the company disclosed he’s no longer joining due to “personal…
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Poland’s Tusk Says Act of Sabotage Behind Railway Explosion
Polish Prime Minister Donald Tusk said an explosion that damaged a railway route linking Poland with Ukraine was an act of sabotage, as the country confronts rising hybrid threats from Russia.
“The explosion was most possibly intended…
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Businessman Accused in Trafigura Nickel Nightmare Goes on Trial
More than two years after it emerged that Trafigura Group lost over half a billion dollars in an alleged nickel fraud, a trial began as the trading giant attempts to recover losses from the man it says was behind the scam.
Proceedings…
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Property Cat Reinsurance MGA, Bobcat Re, Launched in US by Former K2 CAT Execs
A new property-catastrophe reinsurance MGA, Bobcat Re, has been launched by a group of private investors, including former K2 CAT executives David Carson and James Sharpington as well as Glenn T. Jackson from Safepoint.
Headquartered in…
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Europe’s Cold Snap Puts Thousands of New Heat Pumps to the Test
The Arctic cold snap hitting Europe this week will be a test for thousands of Polish families that in recent years replaced coal furnaces with solar panels and heat pumps to heat their homes.
Temperatures are expected to drop to -5C…
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