Investing and Global Finance News

Insurers Grapple with Economic Costs of Cyber Attacks

Lloyd’s of London partnered with risk-modeling firm Cyence to publish a report examining the potential economic losses which would be incurred from a major hack of a cloud service provider or a cyber-attack on computer operating systems which are used by business across the planet. The report estimated that a major, global cyber-attack could result… Continue Reading

Turkish and Emirates Air Exempt from US Laptop Exclusion

Passengers traveling on two major middle eastern airlines, Turkish Airways and Emirates Airlines, will be allowed to bring laptops into cabins during their flights to the United States, according to David Lapan, a spokesman for Homeland Security in Washington, DC. A third airline is also exempt from the new US restrictions, Abu Dhabi’s-Etihad Airlines. The… Continue Reading

Nestle Considering Sale of Its US Chocolate Arm

The new head of Nestle SA, Mark Schneider, is considering selling its US chocolate division due to sluggish sales and a move toward faster-growing businesses like health care and coffee. Schneider became the CEO of the Swiss-based corporation in 2016 after working for many years in pharmaceuticals and medical products. The US division is had… Continue Reading

Canine Flu on the Rise

Certain parts of the US are seeing a significant uptick in the number of pet dogs coming down with the flu. Although it is not contagious to people, or life-threatening to dogs, it is still a concern to pet owners in Arkansas, Florida and North and South Carolina, where the epidemic is at its worst.… Continue Reading