Catastrophe
European stocks fell after Israel launches air strikes on Iran
European stocks fall after Israel launches air strikes on Iran European stock markets closed in the red after Israel launched air strikes on Iran. The Stoxx Europe 600 index provisionally closed 1% lower. Germany’s DAX and France’s CAC 40 also fell a little more than 1.1%. The U.K.’s FTSE 100, which had initially rallied, also […]
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Black box recovered from Air India crash
CNBC’s Madeeha Mujawar reports on one of India’s worst aviation tragedies in its history. Source
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Iran launches 100 drones at Israel in response to missile attack as markets reel
Traffic flows on a highway in the Iranian capital Tehran on June 13, 2025 following reported Israeli strikes targeting Iran early in the morning. AFP | Getty Images DUBAI, United Arab Emirates — Iran launched more than 100 drones toward Israeli territory Friday morning after Israel’s overnight missile strike on the country killed at least […]
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Safe haven rush begins after Israel strikes Iran
Investors fled to safe-haven assets Friday after a series of Israeli airstrikes on Iran marked a major escalation of conflict in the region. The scale of the attack, which Israel said was targeting Iran’s nuclear program, took markets by surprise, pushing up prices of assets thought to offer protection in times of heightened volatility. “The […]
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Air India crash: What to know about the first fatal Boeing Dreamliner tragedy
A view shows the wreckage of an Air India aircraft, bound for London’s Gatwick Airport, which crashed during take-off from an airport in Ahmedabad, India June 12, 2025. Adnan Abidi | Reuters An Air India plane that was bound for London and carrying 242 people crashed seconds after takeoff in western India on Thursday, killing […]
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Air India Boeing 787 bound for London with 242 aboard crashes after takeoff in India
An Air India Boeing 787-8 Dreamliner. Sopa Images | Lightrocket | Getty Images An Air India Boeing Dreamliner plane with 242 passengers and crew aboard crashed shortly after takeoff from Ahmedabad in western India, local officials and the carrier said Thursday. “The injured are being taken to the nearest hospitals,” Air India said in a […]
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Investors assess their U.S. exposure as uncertainty creates concerns — and opportunities
As investors assess whether the U.S. is still a good place to put their money, the list of events in the country making global headlines just keeps growing. Front of mind for investors is both U.S. President Donald Trump’s tariffs regime — with much anticipated talks between the U.S. and China taking place in London […]
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Car collides with pedestrians at parade celebrating soccer win in Liverpool, England
Emergency services at the scene in Liverpool, England, after multiple people were hit by a car during the Victory paradeon May 26, 2025. Phil Noble | Reuters As thousands of people lined the streets to celebrate Liverpool Football Club’s English Premier League title win, a car collided with a number of pedestrians in the center of Liverpool, a […]
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German reinsurers took a $1.9 billion profit hit from LA wildfires in first quarter
An aerial view of homes destroyed in the Palisades Fire on January 27, 2025 in Pacific Palisades, California. Mario Tama | Getty Images Germany’s biggest reinsurers took a $1.9 billion profit hit in the first quarter from claims related to the recent Los Angeles wildfires. Munich Re, the world’s largest reinsurance company, said Tuesday that […]
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Multiple dead, injured in Vancouver after vehicle plows into street festival
The skyline of Vancouver, British Columbia, Canada. Bloomberg | Bloomberg | Getty Images A number of people were killed and multiple others were injured in Vancouver after a driver drove into a crowd at a Filipino street festival in the western Canadian city, police said on Saturday. The driver has been taken into custody, police […]
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