International News

Allianz: A Lot of Home Theft Occurs in the Garden

Nearly 1 in 10 homeowners reported that they had fallen victim to a theft from their garden with the average value of the items stolen hitting £176.00 (roughly $258), according to Allianz Insurance. The insurer polled 2000 homeowners during a …

Japan Plans $4.5B in Quake-Relief Spending

Japan is preparing an extra budget of more than $4.5 billion for reconstruction of areas hit by this month’s deadly earthquakes, sources said, but the central bank is unlikely to grant any relief to banks in the stricken region. The …

Researchers Blame Rain for Causing Some Earthquakes

Rainwater may play an important role in the process that triggers earthquakes, according to new research. Researchers from the University of Southampton, GNS Science (New Zealand), the University of Otago, and GFZ Potsdam (Germany), identified the sources and fluxes of …

Global Weather Agency Takes 3 Hurricane Names Off the List

WMO’s Hurricane Committee announced that it will no longer use the names Erika and Joaquin for future tropical storms or hurricanes in the Atlantic, and the name Patricia will no longer be used in the eastern North Pacific. The three …

New Fire Safety Laws in Dubai After Skyscraper Blazes

Dubai will supervise construction crews more strictly and monitor the material they use after a series of skyscraper fires, including a New Year’s Eve blaze that made headlines around the world, a top civil defense official said Wednesday. Speaking to …

Software Aims to Protect Against Food Fraud

Is that Parmesan cheese or sawdust? With food fraud on the rise, a software that employs methods used to predict terrorist behavior can help settle the question, according to its developers. The program, called EMAlert, models the decision-making behavior of …

Jury Blames Police, Clears Fans in 1989 England Soccer Disaster

The families of 96 Liverpool soccer fans who were crushed to death at a crowded stadium in 1989 declared they had finally won justice Tuesday after a jury found that police and emergency services were to blame for Britain’s worst …

German Automakers Face Huge Costs, New Probe

It was a bad week for German automakers. Volkswagen said Friday that a diesel emissions-cheating scandal would cost it an astounding $18.2 billion just for 2015, while Daimler revealed that U.S. authorities are sniffing around its tailpipes. Both companies saw …

Business Moves

Verisk Analytics, Inc., Acquires Risk Intelligence Ireland Verisk Analytics, Inc. announced the acquisition of Risk Intelligence Ireland, a provider of fraud detection, compliance, risk control and process automation services to the Irish insurance industry. Following completion of the transaction, Risk …

Higher Sales Taxes to Pay for Post-Quake Reconstruction in Ecuador

President Rafael Correa said Ecuador’s worst earthquake in decades caused billions of dollars of damage and he is raising sales taxes and putting a one-time levy on millionaires to help pay for reconstruction. The damage from 7.8-magnitude quake adds to …

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