The stats: Q3 2024 – Return to growth across the board

by

Growth in average commercial lines premiums has picked up again in the third quarter of 2024, following a slow-down in the first half of the year, according to the latest Acturis Commercial Broking Index. Ida Axling reports. Fleet and property owners have continued to be the most significant movers within the Acturis Commercial Broking Index, … Read more

RBI’s regulatory actions on lending were warranted, says KV Kamath

by

The Reserve Bank of India’s recent regulatory measures on lending were necessary to address lax practices, according to KV Kamath, Chairman at Jio Financial Services. The steps taken by the central bank were ‘warranted’, given that lending standards were becoming loose in certain segments, he noted. Kamath also highlighted that some players failed to utilise … Read more

Shell and Greenpeace settle climate protest case | Money News

by

Shell and the environmental campaign group Greenpeace have settled a multimillion-pound lawsuit brought over an at-sea protest. The oil firm brought the case, described by Greenpeace as an act of “intimidation”, in London over an incident in January last year that saw four activists board a production vessel while in transit near the Canary Islands. … Read more

China launches antitrust probe into AI chipmaker Nvidia

by

China’s antitrust authorities announced the opening of an investigation into Nvidia over a possible breach of a deal struck back in 2020. The move is part of a wider US-China confrontation regarding chip technology which can power artificial intelligence systems, military equipment and cyber warfare infrastructure. Washington had ramped up its export controls on chip … Read more