Business

Insurance and guarantees made up 14% of concessional support, but projects still have to be able to pay their own way Blended finance will not close the climate funding gap in emerging markets on credit enhancement alone, according to a new Moody’s Ratings report, which says deals scale only when projects progressively become commercially viable. Insurers appear on both sides of that equation, as providers of credit and political risk cover that makes deals investable and as buyers of the bonds that let them scale.

Approved AI tools can be reused across markets, starting with a US quoting tool that speeds preliminary life underwriting Manulife has launched a proprietary enterprise AI platform, marking a shift from building individual AI tools to running AI as a shared capability across its global operations.

The average cost of a business interruption claim is nearing $1 million, an upward trend that appears to have several causes. A new report shows BI losses are being pushed up by natural catastrophes, growing risk in supply chains, rising geopolitical tensions, inflation costs and technology-related disruptions.

The new vice president of specialty program development will be based in Belleville and develop programs and partnerships across Canada Oracle Insurance Risk Management Services (Oracle RMS) has appointed Shawn LaPalm (pictured) as vice president of specialty program development, a new role focused on building insurance programs for the agribusiness and not-for-profit sectors.

Cinched Waists and Freaky Shoes: The Vogue Business SS27 Global Buyer ReportOctober 14, 2026Photos: Vogue RunwayThousands of looks have gone down the runway over 440 fashion shows and presentations across fashion’s four capital cities during the Spring/Summer 2027 season — each made up of clothing and accessories for buyers to consider for the upcoming season. Some of these items will never go into production. Others are surefire sellouts. Skirts reigned supreme, with buyers expecting to see an abundance of Prada midi and Dries Van Noten poster print skirts on the racks — and the sidewalks — come next summer. Anthony Vaccarello’s gilded farewell collection for Saint Laurent is also a highly anticipated eveningwear bestseller. And, continuing their hot streak, Celine and Chanel have buyers excited about next season’s ready-to-wear and accessory sales. The SS27 shows also pointed to emerging trends for the year ahead. Maximalism made its comeback, as embellishments, graphic tees and structured bras dominated many of the buzziest offerings, pushing past seasons’ minimalist tilt to the wayside.

Toronto Metropolitan University's Professional Music program has been named to Billboard's 2026 list of top music business schools for the second consecutive year and is the only Canadian institution listed. Housed in The Creative School, Professional Music is Canada's first program designed for both artists and non-performers. The program blends music fundamentals with business, production and experiential learning.

The International Fresh Produce Association’s Global Produce & Floral Show opens in Orlando this week. I am not on the program. I have one request for the people who are, the same one I made of the beef industry twenty-four years ago: put me out of business. Please. On August 4, 2002, after ConAgra recalled more than 19 million pounds of ground beef, I wrote an op-ed asking the beef industry for four things: sample the meat, give the government mandatory recall authority, keep lot records, and put one agency in charge.

Watch Global Peterborough’s Business Beat Oct. 13 Video Online, on GlobalNews.ca

Conservative interim Leader Lorne Doerkson, right, sit with President and CEO of the Greater Vancouver Board of Trade Bridgitte Anderson, centre, before a GVBOT event with the leaders of B. C.'s major parties ahead of the provincial election, Vancouver, Oct. DARRYL DYCK/The Canadian PressBritish Columbia’s opposition party leaders took aim at the NDP government’s economic record on Tuesday, accusing it of failing to deliver prosperity despite years of spending, while NDP Leader David Eby pointed to a pipeline of major projects worth billions and unveiled new supports for job creation.

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Skip to mainWed, October 14, 2026 at 12:49 a.m. UTCAll three major party leaders in the B. C. election campaign made promises to business leaders at a board of trade event. The NDP's David Eby, Conservatives' Lorne Doerkson and Greens' Emily Lowan spoke at an event hosted by the Greater Vancouver Board of Trade. (Oct. 13, 2026)

SAN FRANCISCO (KGO) -- DoorDash, UCSF and Freedom Debt Relief. What do they have in common? Scams. The Better Business Bureau is issuing a warning after receiving reports from consumers of scammers impersonating its employees. Scammers so convincing to victims, as they have information on recent orders, medical visits, and debt information. This is an attempt to steal money, more personal information, and gain access to online accounts. "These scams can be convincing because the caller may already know details about a recent transaction or account," said Alma Galvan, Regional Marketing and Communications Director. "Having some of your information does not prove the person contacting you is legitimate. "For example, the mother of a former patient at UCSF Benioff Children's Hospital said she received a collection notice, saying she owed money. The date of the visit matched, but the account number did not. She contacted UCSF, and confirmed the account has already been paid off. The BBB also received reports from consumers of callers posing as employees from Freedom Debt Relief.