Bloomberg British insurers are on the hook for more than 1.2 billion pounds ($1.5 billion) in claims from businesses and individuals hit by the coronavirus pandemic, according to the industry’s trade body. Initial estimates put payments for business interruption at 900 million pounds, followed by a record 275 million-pound payout for canceled travel, the Association of British Insurers said on ...

Bloomberg More than a year after the billionaire chairman of Xpeng Motors labelled as “questionable” Tesla Inc.’s allegations that an engineer stole Autopilot secrets before bolting to the Chinese startup, the questions from Elon Musk’s company keep coming. As Tesla tries to amass proof in its lawsuit portraying the engineer as a traitor, it’s asking a judge to force the ...

Bloomberg The resignation of Sergio Moro, the Brazilian judge who gained superstar status for taking down a network of corrupt politicians and CEOs, set off a storm in President Jair Bolsonaro’s administration. Pot-banging protests erupted across the country as the president spoke to refute Moro’s allegations that he had tried to interfere with federal police investigations. “I was promised carte ...