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Experts said that the March 19 cyber attack which forced Norway-based Norsk Hydro S.A. to partially halt production could disrupt aluminum supply-chains across the world, Material Handling and Logistics reported. Michael Widmer, an official at Bank of America Merrill Lynch, said that only a handful of companies in the world can make technical aluminum products required by automakers, further increasing supply-chain risk.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Tycoon gets death sentence for multi-billion-dollar fraud
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees