All Business Continuity articles – Page 22
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Nigeria plans oil deal with delta
The Nigerian government plans to offer Niger delta inhabitants a 10% stake in oil ventures, the Financial Times reports
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Eastern Europe faces fragile recovery
Average contraction of 6% in 2009 with a “fragile” and “patchy” recovery in 2010 expected
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Jobless rate rises to 8.6% in OECD
Unemployment rises 2.3 percentage points higher compared with a year earlier
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US tough stance on AIG exec pay
Obama’s executive remuneration tsar will crack down on bonus payments, reports the FT
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Expect higher prices under Solvency II, says insurer
AXA Corporate Solutions’ CEO expects insurers to pass higher costs onto their clients not their shareholders
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BAE vows to fight SFO bribery charge
The Serious Fraud Office reveals its intention to prosecute BAE over foreign bribery. BAE says it will fight the case in court if necessary.
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Analysis
World Bank stops investing in palm oil
The move highlights that firms should screen their suppliers thoroughly, says Anthony Skinner
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Moody’s whistleblowers give evidence
Two former senior employees spill the beans on inaccurate ratings and conflicts of interest in the run up to the financial crisis and beyond
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Don’t ignore environmental risk says Aon
Broker survey reveals European risk managers lulled into false sense of security over environmental risk
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Jordanian arrested over plot to bomb Dallas skyscraper
Terrorist plot foiled by undercover FBI operation
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AIRMIC completes speed-of-settlement agreement
Voluntary agreement expected to become common practice on all property and BI claims
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Flooding displaces 400,000 in Philippines
Tropical cyclone Ketsana brings severe flooding to Manila
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Pandemic vaccine donated to developing world
Developed countries pledge to distribute 10 percent of their stock
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IRM speaker struck down with flu
Conference continues with 300 delegates in Coventry. Award winners announced.
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Three arrested in terror investigation
Two men from Colorado and one from New York have been detained on terror charges
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Analysis
Foreign investment slumps in developed economies
The UK saw its foreign investment halve while investment in the developing world surged by 43% in 2008
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Brokers fail to combat bribery risk
Despite Aon’s massive fine commercial insurance brokers are still not tackling bribery, according to a regulatory inquiry
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UK unemployment reaches 2.47m
The unemployment rate reached 7.9% and is expected to continue to climb to 10%