This paper is the first outcome of the Alignment Assembly on Culture for AI, a collective intelligence exercise initiated within the data space, which engaged circa 400 professionals. It maps the results of the community…
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Scene Group releases Cavalry 2.5
Originally posted on 6 February 2024. Scroll down for news of the Cavalry 2.5 update.
Scene Group has begun the next big series of releases for Cavalry, its motion design software.
Cavalry 2.0 adds animatable scene cameras, making it…
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Fairfax Sells Eurolife Life Insurance Business Stake to Eurobank for $945 Million
By Maitane Sardon
Fairfax Financial said it agreed to sell its 80% stake in the insurance business of Eurolife FFH Insurance Group to Eurobank Ergasias for 813 million euros ($944.7 million) in cash.
As part of the deal, Fairfax will buy a 45% stake in ERB Asfalistiki--Eurobank's Cyprus-based property and casualty insurance business--for 59 million euros in cash, the Canadian insurance company said Monday. It will have the right to acquire the remaining 55% equity interest in ERBA over time, it said.
Following the transaction, Fairfax will keep its 80% stake in Eurolife's property and casualty insurance business, while Eurobank will fully own Eurolife's life insurance operations.
"We are very pleased to be able to maintain the focus of our insurance operations on property and casualty insurance and reinsurance, while still benefiting from the continued success of the Eurolife life insurance business through our ownership stake in Eurobank," Fairfax Chief executive Officer Prem Watsa said.
The deal is expected to close in the first quarter of 2026, Fairfax said.
Write to Maitane Sardon at maitane.sardon@wsj.com
(END) Dow Jones Newswires
October 13, 2025 02:59 ET (06:59 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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Tulane’s Fall Rolls on at ITA Southern Regional Championships
AUBURN, AL – The Tulane women’s tennis team is back in action this week at the ITA Southern Regional Championships, a competition that will be hosted by Auburn.
The Green Wave will be represented by Summer Chandler, Natalia Fantini, Natalia…Continue Reading
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Transforming Parenting E-Commerce Supply Chains
Understanding a customer’s evolving needs starts with asking the right questions and staying closely engaged. For Maersk, working with fast-growing e-commerce brand specialising in mother and baby products, meant staying closely aligned with their evolving supply chain challenges. By keeping the conversation open and ongoing, we were able to spot gaps in their supply chain and find practical ways to simplify, streamline, and bring everything under one roof.
How it started
As an existing Warehousing and Distribution (WnD) customer of Maersk, the company was looking to streamline operations at the origin by better managing suppliers and gaining improved visibility over shipments. A qualification discussion highlighted a broader opportunity: strengthening their overall Supply Chain Management (SCM).
During the Internet Summit, the customer was introduced to our Container Freight Station (CFS) solution, which sparked strong interest. This led to a series of focused discussions with their logistics team to assess the potential value of integrating SCM and CFS into a consolidated approach.
Maersk stepped in as more than a logistics provider, offering end-to-end supply chain solutions that bring together logistics, fulfillment, and value-added services in one integrated platform.
Challenges at a glance
The customer faced several challenges across their supply chain that were impacting efficiency and visibility. Key issues included a reliance on cumbersome manual processes and limited visibility into shipments at the SKU or product level, making it difficult to track inventory and plan effectively.
Uncertainty around shipment arrivals further complicated operations, while the use of Less-than-Container Load (LCL) shipments presented missed opportunities for cost-saving through consolidation into Full Container Loads (FCL). Additionally, having too many stakeholders involved created coordination hurdles, with manual follow-ups and milestone tracking adding to the complexity and operational strain.
Current challenges
Maersk solutions
Current challenges
SKU & Product level
Maersk solutions
PO & Shipment management
Current challenges
Shipper performance
Maersk solutions
Vendor management
Current challenges
Insights for decision making
Maersk solutions
Performance management & reporting
Current challenges
Allocation fulfillment
Maersk solutions
Carrier management
Current challenges
Coordination with suppliers and forwarders
Maersk solutions
End-to-end management
Current challenges
Tracking of milestone
Maersk solutions
Shipment management
Current challenges
Operational fire fighting
Maersk solutions
Strategic supply chain management
Transition to a comprehensive solution
We transitioned from a single-solution approach to a more comprehensive one-stop solution (integrator strategy) by asking the right questions and mapping out the end-to-end process to identify gaps and opportunities.
By involving the appropriate stakeholders from Maersk to co-design the solution and present it to the customer, demonstrating our deep supply chain expertise and operational know-how.
The key to lasting partnerships is to treat the customer’s business as if it were your own—because their success is ultimately ours too.Our value proposition
Our value proposition played a pivotal role in reinforcing trust and aligning strategic priorities with the customer’s long-term goals. Specifically, the solution delivered impact in the following key areas:
Driving measurable improvements
Our customer saw value in having one Logistics Service Provider (LSP) handle end-to-end solutions, including SCM (CY and CFS consolidation), ocean freight, CHB, and trucking, providing a ‘one source of truth’ for them and internal stakeholders.
The volume awarded was 26,000 cubic meters, with a total revenue of USD 250K over a contract duration of 2 years.
Strengthening what comes next
Building on the success of the initial collaboration, we are now focused on expanding the partnership through several strategic initiatives. Phase 2 CFS implementation is underway in Qingdao and Yantian, with further opportunities being explored in Turkey and the UK.
A long-term ocean freight contract is being developed to ensure stability, while Customs House Brokerage and SABER verification are being set up to support smooth imports into Saudi Arabia. Cross-border trucking from the UAE to KSA is also being introduced, marking continued progress toward a more integrated, streamlined and resilient supply chain.
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Smith reflects on seconds’ summer
Picture by Allan McKenzie/SWPix.com. Second-team coach Tom Smith has been looking back on the 2025 summer.
Tom Smith says there have been some “really good performances” at second-team level this summer even if the results have been…
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Weekly Top-selling Games on Steam (6th–12th of October 2025)
Each Monday, we like to take the time to highlight some of the top-selling games on Steam over the last week. We share 20 total titles that earned a lot of revenue to give you an idea about what is…
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‘The universe has opened up for us’: meet the astro-ambassadors who welcome stargazers to the Himalayas | Global development
The snow-flecked peaks surrounding the village of Hanle are bathed in golden light as the sun sets. In the valley, 28-year-old Tsering Dolkar secures a telescope to its tripod and focuses the lens beneath a clear sky.
Zipped into warm jackets the…
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Johannes Jensen on Sustainable Growth, New TV, IP: MIPCOM
Johannes Jensen knows a thing or two about the laws of the TV jungle. After all, started his industry career in 1992 as a freelancer at Swedish production firm Strix Television, where he later played a key role in producing the original version…
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