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Twitter set to accept Elon Musk’s $43 bn ‘best and final’ offer

Twitter set to accept Elon Musk’s $43 bn ‘best and final’ offer

by AIP Online Bureau | Apr 25, 2022 | International News, Technology

The 50-year-old entrepreneur, who is also CEO of rocket developer SpaceX, has said he wants to combat trolls on Twitter and proposed changes to the Twitter Blue premium subscription service, including slashing its price and banning advertising Twitter Inc is poised to...
Global transport’s role, demand lessen Climate Vulnerability

Global transport’s role, demand lessen Climate Vulnerability

by AIP Online Bureau | Apr 25, 2022 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography

“We estimate shipping could contribute about 10% of global carbon emissions by 2050 (up from 3% in 2019) under a business-as-usual scenario, assuming no adoption of new regulations that could impact energy efficiency or carbon intensity,” said Fitch The...

US Cyber insurance sees rapid premium growth, declining loss ratios: Fitch

by AIP Online Bureau | Apr 25, 2022 | International News, Non-Life, Reinsurance, Technology

A sharp increase in 2020 cyber loss ratios promoted substantially higher prices and rapid premium growth in 2021 that exceeded incurred losses, leading to surprising improvement in the cyber direct loss ratios versus the previous year Fitch estimates that standalone...

Investors lose over Rs 6.47 trn in two days amid global market crash

by AIP Online Bureau | Apr 25, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

“We expect markets to remain volatile amid worries about inflation and its impact on corporate earnings, while also fuelling concerns over aggressive US Fed rate hikes in the near term,” said Siddhartha Khemka, Head – Retail Research, Motilal Oswal...
LIC IPO- likely to open between May 4-9, smaller size risks India’s fiscal deficit target

LIC IPO- likely to open between May 4-9, smaller size risks India’s fiscal deficit target

by AIP Online Bureau | Apr 25, 2022 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy

The LIC board will meet Tuesday to decide the launch dates for its IPO along with the discount to be offered to policyholders, employees and retail shareholders LIC’s board on Saturday approved selling a 3.5% stake for about Rs 210 billion ($2.8 billion), far...
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