Insurers and reinsurers that provide coverage of complex risks such as marine, aviation and political violence are likely to face outsized claims as a result of the ongoing Iran conflict, said Moody's Ratings.
Abu Dhabi [UAE], March 12: At a time when global geopolitical tensions continue to reshape international relationships and cultural dialogue, art and cultural exchange are increasingly being viewed as important bridges between societies. In the UAE, where communities from across the world li
A US-Israeli attack struck an industrial area in Rabat Karim as regional conflict enters its thirteenth day. While an abandoned warehouse was one of the targets struck, Iran has set three conditions for peace. Meanwhile, the IRGC continues retaliatory strikes against US bases and tankers ami
Three crew members are feared trapped in a Thai-flagged vessel's engine room following an Iranian strike in the Strait of Hormuz. The attack is part of an intensifying IRGC blockade, where international ships are targeted by drones if they move "even a few metres" without permission.
The IRGC has enforced a maritime blockade in the Strait of Hormuz, targeting vessels that move "even a few metres" without permission. With 14 tankers reportedly hit, the paralysis of this vital oil route has forced the US and IEA to release millions of barrels from strategic reserves.
Warren (New Jersey) [US] / Mumbai (Maharashtra) [India], March 12: LTM, the Business Creativity partner to the world's largest enterprises, has been recognized as an Innovator in Avasant's Generative AI Services 2025 RadarView™. The recognition highlights LTM's strong capabilities in generat
The global shortage of memory chips is largely being driven by the rapid rise in artificial intelligence (AI) workloads, which has significantly increased demand for advanced memory solutions, according to Ashok Chandak, President of the India Electronics and Semiconductor Association (IESA)
Indian stock markets opened in the red on Thursday as escalating tensions in West Asia and again a sharp rise in crude oil prices weighed on investor sentiment.
Amid rising tensions in the Garo Hills region, Meghalaya Deputy Chief Minister Prestone Tynsong on Wednesday announced that the state cabinet will convene on Thursday to deliberate on the future course of action following the Government's decision to postpone the elections to the Garo Hil
Marumalarchi Dravida Munnetra Kazhagam (MDMK) will contest on four seats in the upcoming Tamil Nadu Assembly polls after an agreement was reached with the ruling DMK here.
Congress General Secretary Avinash Pande on Wednesday criticised the government over the commercial LPG cylinder shortage, stating that the situation is creating an atmosphere of scarcity and directly impacting the budgets of common people.