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Ukraine seeks to extend shipping safe passage deal beyond grain

by AIP Online Bureau | Aug 7, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

“We expect that the security guarantees of our partners from the U.N. and Turkey will continue to work, and food exports from our ports will become stable and predictable for all market participants,” Ukrainian Infrastructure Minister Oleksandr Kubrakov said on...
Japan truck manufacturer Hino says it faked emissions data for 20 years

Japan truck manufacturer Hino says it faked emissions data for 20 years

by AIP Online Bureau | Aug 7, 2022 | International News, Non-Life, Risk Management, Technology

Teams that were developing engines knew they couldn’t meet targets and felt so pressured they falsified test results, Ogiso said. That led to more deception, as workers covered up their wrongdoing. No safety problems are believed to be involved, Ogiso said TOKYO: Hino...
Twitter rejects Musk’s claims that he was hoodwinked

Twitter rejects Musk’s claims that he was hoodwinked

by AIP Online Bureau | Aug 7, 2022 | International News, Technology

The two sides head to trial on Oct. 17 after Musk sought to abandon his deal to acquire Twitter over what he says is a misrepresentation of fake accounts on the site Twitter Inc. on Thursday dismissed Elon Musk’s claims in a Delaware court filing that he was...
Berkshire Hathaway posts massive $43.8 bln loss; operating results improve

Berkshire Hathaway posts massive $43.8 bln loss; operating results improve

by AIP Online Bureau | Aug 7, 2022 | International News, Non-Life, Reinsurance

Warren Buffett, chairman, Berkshire Hathaway Operating results, as improved results from reinsurance and the BNSF railroad offset a loss from the Geico car insurer, where car parts shortages and higher vehicle prices boosted losses on accident claims. The slide in...

Centre writes to States/UT over rising COVID cases; stresses on five-fold strategy

by AIP Online Bureau | Aug 6, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

The letters were sent to the State Health Secretaries of Delhi, Kerala, Karnataka, Maharashtra, Odisha, Tamil Nadu and Telangana on reporting a high number of COVID cases and positivity rate New Delhi: The Centre on Saturday wrote to six states and the Union Territory...
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