International News

Companies See $1 Trillion in Climate Risk, but More in Potential Reward

An analysis of thousands of corporate disclosures on climate-change risks suggests that companies stand to gain more than they lose, mostly within the next five years. Some $2.1 trillion worth of potential good news is embedded in those statements, according …

Oil in Alberta Jumps Most This Year as Fires Shut Output

Canadian heavy oil in Alberta surged the most since December after wildfires forced a second producer in the region to shut in some operations. On Thursday, Canadian Natural Resources Ltd. removed all 240 people working at its Pelican Lake and …

Therapy in the Office: Banks Take Mental Health Fight In-House

LONDON – In ‘Billions’, a U.S. television show set in the world of hedge funds, traders at the fictional Axe Capital regularly attend sessions with an in-house psychiatrist. In real life, finance professionals are rarely so open about seeking psychological …

Boeing 737 Max Certification Focus of Far-Reaching NTSB Probe

The U.S. National Transportation Safety Board is conducting a far-reaching review of how Boeing Co. certified the 737 Max system that has been involved in two crashes, going beyond the typical low-profile assistance they provide in foreign accident probes. The …

Boeing Ordered to Replace 737 Wing Parts Prone to Cracking

Airlines worldwide must inspect 312 of Boeing Co.’s 737 family of aircraft, including some of the grounded 737 Max, because they have wing components that are prone to cracking and must be repaired within 10 days, U.S. aviation regulators said …

Carnival Cruise Line Seeks Dismissal of Lawsuits Over Cuba Docks

HAVANA — Cruise line Carnival Corp is asking a U.S. court to dismiss lawsuits that claim the company profited from confiscated Cuban property, the first such cases brought since the Trump administration made them possible this month. Two U.S. citizens …

Fury as Russian Company Tells Women Workers to Stop Wearing Trousers

A company’s offer of extra payments for women who wear a skirt or a dress to work has sparked a furious backlash in Russia, with feminists calling it a return to the Middle Ages. Aluminum firm Tatprof promised 100 rubles …

Drone Impact Ruled Out as Cause of Incident With Damaged Jetliner

A Grupo Aeromexico SAB airliner said to have been hit by a drone last December was actually damaged when a poorly done repair on the plane caused its nose to collapse and crack as it prepared to land. An examination …

Flying Has Become More Dangerous. Don’t Blame Just Boeing

Flying has become deadlier than it has been for years and it’s hard to pin it solely on Boeing Co.’s infamous 737 Max. Aircraft accidents occurred more frequently in almost every region worldwide in 2018 as the death toll climbed …

Prosecutors Seek Sale of 2 New York Condos Linked to Malaysian fugitive

U.S. prosecutors are seeking to sell two luxury condominiums in New York City linked to fugitive financier Low Taek Jho, court documents showed, the latest effort to recover money allegedly stolen from Malaysia’s state fund 1MDB. Low, known as Jho …

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