An insurer’s business interruption insurance policy is “riddled with obscurity and confusion” and should be interpreted as providing coverage in the event of a Covid-19 disruption, the commercial court heard. The claim was brought by Richard Kean SC, for a Cork hotel suing a Slovenia-based insurer and broker, on the first day of a case …

Demand for oil is expected to increase by half a million barrels per day (bpd) as the power sector and heavy industries abandon more expensive sources of energy, the IEA said. Through Reuters | Posted: 26-Oct-21 12:28 PM IST 0 Views See the pictures U.S. shale producers have hesitated to invest in increased production after …

Caption: Photo by Dana Fournier. It’s shortly before 8 p.m. and across an open field from a small farmhouse set back from the road on the outskirts of this rural Western New York town, a bright sun is sinking fast, ending another busy day for Carly Santangelo — but not just yet. There’s …

ORLANDO, October 25, 2021 –JLL Capital Markets today announced the closing of the sale of Celebration Business Center, a two-building office building totaling 106,068 square feet in Celebration, Florida. JLL represented the seller, Bridge Investment Group, in the sale of the property to Denholtz Properties. “Bridge has a proven strategy to create next-generation workplaces that …

The appeal to the Plenary Court of BI is scheduled for next month 25 October 2021 The full court will hear appeals next month for some of the litigation over pandemic business interruption claims that was part of a judgment on the industry’s second test case. Policyholders have appealed to Full Court on five of …

Domestic prices at the pump are likely to rise to as high as 1.20 pesos per liter for fuel prices this week to reflect price movement in the global oil market. This developed when BAYAN Muna party list representative Carlos Isagani Zarate challenged Energy Secretary Alfonso Cusi to ask President Rodrigo Duterte to certify Bill …

Bloomberg writers Kim Chipman and Elizabeth Elkin reported late last week that, “Skyrocketing fertilizer prices could lead U.S. corn profits to drop by about a quarter next year, potentially motivating farmers to shift millions of acres into less cost-intensive soybeans. “Fertilizer Price Shock Threatens to Slash U.S. Corn Profits,” by Kim Chipman and Elizabeth Elkin. …

Bloomberg Markets and Finance has released this video element, titled “Air France CEO Expects Return to 2019 Travel Levels” – below is their description. Air France-KLM CEO Ben Smith discusses a recapitalization plan proposed by the French government worth up to $ 4.7 billion. He talks about “Bloomberg Surveillance Early Edition”. (Source: Bloomberg) Bloomberg Markets …

Manila, Philippines – Leaders of farmer and transport groups on Friday sounded the alarm on a threat “worse than the pandemic” – steadily rising oil prices and the lack of government guarantees for marginalized sectors. At a press conference at the University of the Philippines (UP) Diliman, Anakpawis National President Ariel Casilao warned that the …

Regional agriculture coordinators for the Regional District of Bulkley-Nechako (RDBN) are working to develop outreach initiatives to address two specific priority areas within the RDBN’s food and agriculture plan. The RDBN is currently in phase one of the plan, which was put together in 2020, and consists of eight priority areas to be completed by …