Category: Finance News

Sep 5

Africa Needs More Than $100 Billion a Year for Climate Adaptation, Study Shows

Article content (Bloomberg) — Africa may need an almost tenfold increase in climate adaptation funding to $100 billion a year if it’s to buttress its infrastructure, improve weather early warning systems and shield its agriculture from climate change, the Global Center on Adaptation said.  Current adaptation finance flows of about $11 billion a year in […]
Sep 5

Berkshire Hathaway Specialty Insurance Promotes Edwin Sim to Lead Executive & Professional Lines in Singapore

Article content BOSTON & SINGAPORE — Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has named Edwin Sim as Vice President and Head of Executive & Professional Lines in Singapore. “Our Executive & Professional Lines capabilities continue to expand in Singapore and throughout Asia. Edwin has been integral to this expansion, while also delivering […]
Sep 5

Qantas boss retires early after allegations the Australian airline sold tickets for canceled flights

Article content CANBERRA, Australia (AP) — The boss of Australian airline Qantas said Tuesday he would leave his job immediately — two months earlier than planned — following a series of embarrassing revelations about the company, including allegations it sold tickets for flights that had already been canceled. Chief Executive Alan Joyce said that after […]