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Cyber Claims Costs Triple for European SMEs Despite Fewer Incidents: Chubb

Frankfurt – September 09, 2026 -- Cyberattack frequency against European mid-sized companies fell to a five-year low in 2025, yet the average claim value tripled between 2020 and 2025, according to Chubb's Cyber Claims Report 2026.

Claim frequency drops while financial severity climbs sharply

Chubb's data shows that while the number of cyber incidents affecting mid-market firms stabilized and declined to its lowest point in five years during 2025, the cost per claim has risen threefold over the preceding five-year period. The insurer attributes the gap partly to artificial intelligence, which is simultaneously helping companies detect vulnerabilities and enabling more sophisticated malicious use of technology that accelerates the scale of exposure.

BVTE Urges Berlin to Halt Tobacco Tax Hikes After Election Shock

Berlin – September 09, 2026 -- The Bundesverband der Tabakwirtschaft und neuartiger Erzeugnisse (BVTE) has called on Germany's coalition government to halt planned tobacco tax increases that would raise average smokers' annual costs by more than 1,000 euros, citing voter unrest after the Saxony-Anhalt state election.

Infratest dimap data shows 89% of AfD voters fear unaffordable price increases

An infratest dimap analysis of the Saxony-Anhalt election found that 89 percent of AfD voters worry that rising prices will make it impossible to pay their bills, while 80 percent fear they can no longer maintain their standard of living. BVTE Managing Director Jan Mücke said the election result must be understood in Berlin as a signal that further tax increases contradict public sentiment.

Wooree Group Pushes 'Six Pillars' Standard for Liposome Health Products

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Wooree Group Pushes 'Six Pillars' Standard for Liposome Health Products

Bangkok -- September 7, 2026 -- Wooree Group, a South Korean biotechnology and lighting conglomerate with 60 years of history, has called for a scientific validation standard for the liposomal health products market, following its participation in Vitafoods Asia 2026 held September 2-4 in Bangkok.

IJT Autumn 2026 to Host 390 Exhibitors of Pre-Owned Luxury Watches

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IJT Autumn 2026 to Host 390 Exhibitors of Pre-Owned Luxury Watches

Tokyo – September 09, 2026 -- RX Japan GK will stage the 14th International Jewellery Tokyo Autumn (IJT AUTUMN 2026) from October 28 to 30, 2026, at Pacifico Yokohama, drawing an expected 390 exhibiting companies.

US buyers target Japanese suppliers of pre-owned luxury watches and jewelry

The trade show has in recent years attracted buyers from the United States seeking new suppliers of pre-owned luxury watches and branded jewelry, moving beyond online auctions and intermediary sourcing channels to meet Japanese companies directly.

Hyosung Deploys World-First 22.9kV SST, Expands U.S. Grid Manufacturing

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Hyosung Deploys World-First 22.9kV SST, Expands U.S. Grid Manufacturing

Seoul – September 09, 2026 -- Hyosung Heavy Industries has developed the world's first 22.9kV, 1.05MVA-class Solid State Transformer (SST) capable of direct connection to urban distribution networks, giving the South Korean manufacturer an early lead in a market projected to grow more than 40% annually.

AI-driven power demand pushes Hyosung to scale U.S. production

The company has invested USD 300 million to acquire and expand an ultra-high-voltage transformer manufacturing facility in Memphis, Tennessee, which will become one of the largest such production bases in the United States once expansion completes.

Coastal Property Investors Face Rising Insurance and Compliance Costs in South Florida

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Coastal Property Investors Face Rising Insurance and Compliance Costs in South Florida

Fort Lauderdale, Fla. – September 09, 2026 -- Coastal rental and multifamily property owners in South Florida face escalating insurance premiums, strict municipal rental rules, and elevated maintenance costs that directly affect cash flow, according to a new analysis featuring Howard Goldberg, Real Estate Expert with RE/MAX Consultants Realty 1.

Flood and wind coverage requirements drive up renewal costs for beachfront owners

Properties near the ocean typically require flood coverage, wind protection, and higher deductibles, expenses that can rise sharply at policy renewal. For multifamily assets, a single policy change affects multiple units simultaneously, increasing the need for financial buffers and consistent oversight across the portfolio.

Puyol Joins Midea at IFA 2026 to Mark FC Barcelona Sponsorship

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Puyol Joins Midea at IFA 2026 to Mark FC Barcelona Sponsorship

Berlin – September 09, 2026 -- FC Barcelona legend Carles Puyol appeared at Midea's stand at IFA 2026 in Berlin, marking a consumer-facing milestone in the five-year sponsorship deal between the Chinese appliance maker and the Spanish football club.

Midea uses former club captain to promote five-year FC Barcelona tie-up at IFA

The former Barcelona captain joined Midea International president Lewis Fu to present a personalized FC Barcelona jersey and tour the company's SMART MASTER smart-home zone alongside a dedicated FC Barcelona exhibition space.

evolve, ELITEWHEELS Debut CIMA Bike Platforms at Italian Bike Festival

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evolve, ELITEWHEELS Debut CIMA Bike Platforms at Italian Bike Festival

Misano, Italy – September 09, 2026 -- Cycling technology brands evolve and ELITEWHEELS showcased new performance bike platforms and carbon wheelsets at the Italian Bike Festival (IBF) 2026, held September 4-6 at the Misano World Circuit, occupying booth W3 throughout the three-day event.

evolve unveils data-driven CIMA road and gravel platforms

evolve presented its latest road bike developments built on a data-driven approach targeting weight, stiffness, aerodynamics and handling characteristics. The brand expanded its product portfolio with the CIMA road platform and the CIMA GR gravel platform, both engineered around measurable performance metrics and race-ready technology. evolve confirmed additional product categories are in development for future launches.

Danone Names Krummenacher DACH General Manager From November 2026

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Danone Names Krummenacher DACH General Manager From November 2026

Frankfurt – September 09, 2026 -- Danone has appointed Jean-Yves Krummenacher as General Manager for Germany, Austria and Switzerland (DACH), effective November 2026, succeeding Richard Trechman, who is leaving the company for an external role.

Krummenacher brings 25 years of internal Danone experience to the DACH post

The Swiss and French national most recently served as Global Chief Procurement Officer, overseeing Danone's worldwide procurement strategy while also managing the company's global trading and sourcing business as its chief executive. Earlier in his career he held leadership roles across Europe, Asia and Latin America spanning sales, procurement and sustainability functions.

US Court Voids Kaneka Ubiquinol Patent, Clears CrysQnol Ingredient

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US Court Voids Kaneka Ubiquinol Patent, Clears CrysQnol Ingredient

Jiaxing, China – September 09, 2026 -- The U.S. District Court for the Eastern District of New York has invalidated two patent claims Kaneka Corporation asserted against Cocrystal Technology (Jiaxing) Co., Ltd., ending a nearly three-year dispute and clearing the way for unrestricted U.S. sales of Cocrystal Tech's ubiquinol ingredient, now branded CrysQnolTM.