International News

Aviation Industry Expects Double-Digit Premium Hikes After 737 MAX Grounding

The aviation industry is bracing for double-digit insurance premium hikes for the first time in about 15 years, as insurers wrestle with higher costs from aircraft groundings, including the grounding of Boeing Co’s 737 MAX jets following two fatal crashes, …

Fire and Hail Push Insurers to Rethink Climate Change Risks

LONDON — By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay Valley had burnt both his tractor and the shipping container where he kept some tools. His insurer is …

Ryanair Freezes Payment to Boeing on 737 Max Delivery Delays

Ryanair Holdings Plc Chief Executive Officer Michael O’Leary gave a pessimistic outlook for the resumption by Boeing Co. of deliveries of its grounded 737 Max, saying the carrier has frozen payments to the manufacturer and started talks on recouping costs …

Lloyd’s of London Expects ‘Sobering’ Culture Assessment

LONDON — Lloyd’s of London expects “sobering” results from a survey of the workplace culture at its member firms, the insurance market’s chairman said on Wednesday as a rise in investment income drove a four-fold profit rise. In May the …

Bermuda Braces for Approach of Major Hurricane Humberto

HAMILTON, Bermuda — Bermuda residents boarded up windows of homes and businesses on Wednesday as Hurricane Humberto became a major storm on route the Atlantic archipelago, although forecasts showed they could be spared a direct hit. Hurricane force winds and …

Oil Trims Losses on Conflicting Signals About Saudi Recovery

Oil pared an earlier decline on contradicting reports about when Saudi Arabia will restore production lost in unprecedented attacks. A Financial Times report citing unidentified Saudi sources contradicted an earlier article from Reuters that the kingdom is close to restoring …

As Shock Wears Off, Mental Health Concerns Grow in Bahamas

HIGH ROCK, Bahamas — One woman and her husband huddled on top of a bedroom dresser for two days, surrounded by floodwaters. Another man sat in his wheelchair for nearly 48 hours in water up to his chest, alone in …

Cleanup Resumes in Bahamas as Humberto Swirls Away

MCLEAN’S TOWN, Bahamas — Jeffrey Roberts lifted a mustard-yellow curtain from the ground to hunt for passports and other documents at the place where his family’s home stood before Hurricane Dorian blasted into Grand Bahama Island. What was underneath was …

After Crisis, Boeing Readies to Return 737 MAX to the Skies

As Boeing Co sets its sights on winning approval to fly its 737 MAX within weeks, following a six-month safety ban, engineers around the world are rolling out plans for one of the biggest logistical operations in civil aviation history. …

Carcinogen in Zantac and Its Generics Triggers Probes by FDA, EU

Global health regulators sounded a coordinated alarm about the possibility that a stomach drug taken by millions of people could be tainted with the same cancer-causing agent that has sparked a worldwide recall of blood-pressure pills. Drug-safety officials in the …

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