Hurricane Dorian Likely to Cause $25 Billion of Losses, UBS Says

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Hurricane Dorian Likely to Cause $25 Billion of Losses, UBS Says

Hurricane Dorian, the storm currently devastating the Bahamas, will cause at least $25 billion of losses for insurers, according to analysts at UBS
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Bosch gives parents a helping hand when taking toddlers for a stroll

Electric motors from Bosch have made many an uphill bicycle jaunt a little easier over the years, but now the company is aiming to give parents some assistance with its e-stroller system. We’ve already seen a number of efforts to help roll kids along with ease …
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Swedish state pension fund fires chief over internal rule breach

One of Sweden’s state pension funds has sacked its chief executive for breaking its own rules on holding and trading of financial instruments. AP1, which manages SKr352bn ($36bn) in assets, said on Monday it had dismissed Johan Magnusson with …
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Pound Falls as Investors Brace for Brexit Fight in Parliament

The pound fell to the lowest level in two weeks as a showdown between U.K. lawmakers over Brexit loomed large. Sterling was the worst performer
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Juul Labs facing scrutiny from federal and state officials

E-cigarette giant Juul Labs is facing a mounting number of state and federal investigations into its marketing and sales practices, as a top Trump administration official pledged Friday to use all of the government’s regulatory and enforcement power “to stop the …
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