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Reliance Capital bidders raises multiple legal issues involving Rs 20,000 cr financial implication

by AIP Online Bureau | Nov 2, 2022 | Indian News, Non-Life

A spokesperson of WTW has clarified,“ We have come across media reports that mention Willis Towers Watson having done the valuation of Reliance General Insurance. The reports also mention a valuation amount. We would like to clarify that these reports are...
China locks down area around world’s largest iPhone factory after Covid spike

China locks down area around world’s largest iPhone factory after Covid spike

by AIP Online Bureau | Nov 2, 2022 | Health, International News, Non-Life, Pandemic, Risk Management

Foxconn’s Zhengzhou facility is responsible for 80% of capacity for the iPhone 14 series, with more than 85% of iPhone 14 Pro capacity based there, according to Counterpoint senior analyst Ivan Lam. Any disruption there threatens to snarl Apple’s finely orchestrated...

Cyber criminals hold Asian tech workers captive in scam factories

by AIP Online Bureau | Nov 2, 2022 | International News, Non-Life, Technology

Thousands of people, many with tech skills, have been lured by social media advertisements promising well-paid jobs in Cambodia, Laos and Myanmar, only to find themselves forced to defraud strangers worldwide via the internet CHENNAI/BANGKOK: Indian engineer Stephen...
Hong Kong’s Lee touts ‘China advantage’ to rebuild city’s image as financial hub

Hong Kong’s Lee touts ‘China advantage’ to rebuild city’s image as financial hub

by AIP Online Bureau | Nov 2, 2022 | Eco/Invest/Demography, International News

John Lee, Chief Executive, Hong Kong “Hong Kong remains the only place in the world where the global advantage and the China advantage come together in a single city,” Hong Kong leader John Lee told roughly 250 summit participants, mostly comprising of...
Russian hackers account for most 2021 ransomware schemes, U.S. says

Russian hackers account for most 2021 ransomware schemes, U.S. says

by AIP Online Bureau | Nov 2, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

In analysis issued in response to the increase in number and severity of ransomware attacks against critical infrastructure in the United States since late 2020, the U.S. Financial Crimes Enforcement Network (FinCEN) said it had received 1,489 ransomware-related...
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