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China targets Nvidia with antitrust probe, escalates US chip tensions

China targets Nvidia with antitrust probe, escalates US chip tensions

by AIP Online Bureau | Dec 11, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Technology

The statement from the State Administration for Market Regulation announcing the probe did not elaborate on how the U.S. company, known for its artificial intelligence and gaming chips, might have violated China’s anti-monopoly laws BEIJING: China said on Monday...
Lloyd’s human pandemic scenario reveals potential global economic loss of $13.6trn

Lloyd’s human pandemic scenario reveals potential global economic loss of $13.6trn

by AIP Online Bureau | Dec 11, 2024 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance, Risk Management

From an economic perspective, the widespread impacts would be primarily driven by disruption across global industries due to local lockdowns and global travel restrictions. With the transportation sector worth over 10% of global GDP, sustained international travel...

IndiaFirst Life launches 18 new agency branches

by AIP Online Bureau | Dec 11, 2024 | Briefs, Intermediaries, Life

IndiaFirst Life Insurance Company Limited (IndiaFirst Life) announced the launch of 18 Agency branches. Rushabh Gandhi, Managing Director & CEO, IndiaFirst Life, said, “The expansion of our Agency channel across the length and breadth of the country is a critical...
Malhotra takes over as 26th RBI Guv says focus would be trust growth stability

Malhotra takes over as 26th RBI Guv says focus would be trust growth stability

by AIP Online Bureau | Dec 11, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation

Sanjay Malhotra Governor, Reserve Bank of India “As we have to be conscious of the fact that we do maintain continuity and stability, we cannot be stuck to it, and we have to be alert and agile to meet challenges,” Malhotra said in his first interaction as...

Cat bonds see rapid influx of investors

by AIP Online Bureau | Dec 11, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Plenum estimates that the volume of catastrophe bonds in funds marketed under Europe’s UCITs label has risen roughly 49% since the end of 2022 to $13 billion at the end of September. That’s as overall issuance for 2024 looks set to hit a record $16.5 billion,...
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