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Consulting firm McKinsey agrees to USD 78 million settlement with insurers over opioids

by AIP Online Bureau | Dec 31, 2023 | Eco/Invest/Demography, Health, International News, Non-Life

The insurers argued that McKinsey worked with Purdue Pharma – the maker of OxyContin – to create and employ aggressive marketing and sales tactics to overcome doctors’ reservations about the highly addictive drugs. Insurers said that forced them to pay for...
Eurostar cancels trains due to flooding, stranding hundreds of travelers in Paris and London

Eurostar cancels trains due to flooding, stranding hundreds of travelers in Paris and London

by AIP Online Bureau | Dec 30, 2023 | International News, Non-Life, Reinsurance

The U.K. has been battered by strong, gusty winds and heavy rain brought by Storm Gerrit throughout the holiday period. More stormy weather and travel disruption is expected during the last weekend of the year The holiday travel plans of hundreds of people were...

Will JN.1 drive a severe Covid wave in India?

by AIP Online Bureau | Dec 29, 2023 | Eco/Invest/Demography, Health, Indian News, Policy

As per the policy on COVID-19 testing, directed by the management, testing will be done for patients with SARI (severe acute respiratory infection) like symptoms that include according to the WHO, acute respiratory infection, persistent fever or fever of >= 38 C° with...

China revises company law to tighten capital contribution rules

by AIP Online Bureau | Dec 29, 2023 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management

PricewaterhouseCoopers said on its social media account last month that the change appears to be aimed at better protecting creditors, although it’s also likely to “lower investors’ enthusiasm to start new businesses.” Chinese lawmakers changed the country’s Company...
Google settles $5 billion consumer privacy lawsuit

Google settles $5 billion consumer privacy lawsuit

by AIP Online Bureau | Dec 29, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology

The plaintiffs alleged that Google’s analytics, cookies and apps let the Alphabet unit track their activity even when they set Google’s Chrome browser to “Incognito” mode and other browsers to “private” browsing mode Alphabet’s Google has agreed to settle a lawsuit...
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