International News

Boeing Max Crisis Ruins Credibility of the FAA

Since its creation more than six decades ago, the U.S. Federal Aviation Administration has cemented a reputation as the arbiter of flight safety, with regulators around the world routinely adopting its approvals. In the wake of two deadly incidents with …

Pilots Ratchet Up Pressure on EU Regulator to Be Tough on Boeing

European pilots stepped up pressure on the region’s air safety agency to take a strong stance in vetting U.S. plans to return Boeing Co.’s grounded 737 Max to service after two fatal crashes. The European Aviation Safety Agency needs to …

Chemicals in Consumer Goods Are Seen Escaping Safety Checks

European consumers could be at risk of exposure to hazardous chemicals in products like clothes and cosmetics because safety rules aren’t being properly enforced, according to a German environmental lobby. Potentially harmful chemicals including dibutyl phthalate found in toys and …

Global Hackers Are Thwarted by FBI, Europe in $100 Million Heist

U.S. and European law enforcement officials on Thursday said they had dismantled a global organized cybercrime network, which used malware to steal banking login details in an attempt to pocket about $100 million from thousands of businesses. A federal grand …

Blame it on Bieber: Iceland Canyon too Popular with Visitors

FJADRARGLJUFUR, Iceland — A large sign warns motorists that Iceland’s Fjadrargljufur canyon is closed to visitors but drivers keep on coming down the narrow gravel road. A ranger at a roadblock has to explain why no one can pass: The …

Insurer Says Iran’s Revolutionary Guards Likely Organized Tanker Attack

LONDON/OSLO — Iran’s elite Revolutionary Guards (IRGC) are “highly likely” to have facilitated attacks last Sunday on four tankers including two Saudi ships off Fujairah in the United Arab Emirates, according to a Norwegian insurers’ report seen by Reuters. The …

Loose Lips and FX Tips: How Chats Cost Banks $1.2 Billion

Talk may be cheap, but in currency traders’ chatrooms, at least, improper messages can be very expensive for their companies. In instant message groups with names such as “Semi Grumpy Old Men” and “Three Way Banana Split” up to nine …

Stay or Go? As Weather Gets Wilder, States Urged to Prepare for Displacement

GENEVA — Warned that Typhoon Haiyan would slam into the coastal part of the Philippine town of Dulag in November 2013, Leah C. Caminong’s family rented a room 300 meters back from the shoreline where they planned to ride out …

Tesla Fires Sound Alarms About Safety of Electric-Car Batteries

Electric vehicles may be less prone to catch fire than gas guzzlers, but recent blazes involving Tesla Inc. and NIO Inc. cars in Greater China are prompting the industry to take steps to alleviate concerns from potential customers in the …

Boeing Crashes Leave $450 Million Bill for European Insurers

Europe’s biggest insurers are on the hook for as much as $450 million from a pair of airline crashes involving Boeing Co. 737 Max planes. Munich Re reckons it could pay 150 million euros ($168 million), an estimate that Chief …

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