LONDON (Reuters) -Global insurance losses for natural catastrophes are projected to reach $112 billion in 2022, reinsurance broker Guy Carpenter said on Friday, driven by the impact of Hurricane Ian w[...]
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Updated
Japan insurers to maintain cover for LNG vessels in Russian waters
By Ritsuko Shimizu and Yuka Obayashi TOKYO (Reuters) – Japanese insurers are expected to maintain marine war insurance, which covers the sinking and requisition of ships due to war in Russian wa[...]
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Russia’s Yandex co-founder Volozh pens farewell message to staff
By Alexander Marrow MOSCOW (Reuters) -The co-founder of Russian internet giant Yandex, Arkady Volozh, said goodbye in an internal message to staff on Friday ahead of a corporate restructuring that cou[...]
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Southwest promises refunds as airline sees ‘certain’ financial impact
By Doina Chiacu and David Shepardson WASHINGTON (Reuters) -Southwest Airlines promised to reimburse passengers for expenses such as hotels and car rentals in addition to refunding tickets after it can[...]
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Indonesia issues emergency regulation to replace jobs law
By Ananda Teresia and Gayatri Suroyo JAKARTA (Reuters) -Indonesia’s President Joko Widodo signed an emergency regulation on Friday to replace a controversial job creation law that a court had ru[...]
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Turkey cenbank targets 60% lira deposits in banks by mid-2023
By Nevzat Devranoglu and Ezgi Erkoyun ANKARA (Reuters) -Turkey’s central bank said on Friday it aims to lift the share of lira deposits to 60% of all deposits in the banking system over the next[...]
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Russian rouble surges as volatile year draws to a close
MOSCOW (Reuters) – The rouble strengthened sharply on Friday, nearing the 70 mark against the dollar as a highly volatile year drew to a close, with the final month of trading dominated by fears[...]
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Spain’s 12-month inflation slows down again in December to 5.8%
(Reuters) -Spanish consumer prices rose 5.8% in December – at their slowest annual pace this year, thanks to lower electricity prices compared to a year ago, flash data from the National Statist[...]
Read moreSouth Korea to raise electricity prices for Q1 2023 by nearly 10%
SEOUL (Reuters) -South Korea will raise electricity prices for the first quarter of 2023 by 13.1 won per kilowatt-hour, a 9.5% increase that is the highest in four decades, its energy minister said on[...]
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