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Fed leaves rates unchanged, nods to possible September cut

Fed leaves rates unchanged, nods to possible September cut

by AIP Online Bureau | Jul 31, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Wealth Management/ Philanthropy

Fed Chair Jerome Powell While Fed officials are wary of any actions that could mar their data-not-politics approach to setting monetary policy, the steady drop in inflation in recent months prompted a broad consensus that the inflation battle was near an end...

Spain fines Booking.com $448 million for abusing dominant position

by AIP Online Bureau | Jul 31, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

Booking Holdings intends to appeal the fines as it strongly disagrees with the “outcome of CNMC’s investigation”, a company spokesperson said in an email, adding it considers the issue should be debated under the European Union’s Digital...

Ransomware attack forces hundreds of small Indian banks offline, sources say

by AIP Online Bureau | Jul 31, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology

The attack affected C-Edge Technologies, a provider of banking technology systems to small banks across the country, they said MUMBAI: A ransomware attack on a technology service provider has forced payment systems across nearly 300 small Indian local banks to shut...
Centre alerted Kerala govt on July 23, Amit Shah tells RS on Wayanad disaster

Centre alerted Kerala govt on July 23, Amit Shah tells RS on Wayanad disaster

by AIP Online Bureau | Jul 31, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Risk Management

Union Home Minister Amit Shah “Everyone is questioning the government, but I would like to ask what did the Kerala government do. It was a vulnerable situation, but why the people were not shifted to safer places? They were only shifted after the...

Global accounting body wants more rigour in showing climate impacts

by AIP Online Bureau | Jul 31, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy

Investors have said they want to know whether assets will retain their value going forward as climate change impairs them, such as through flood damage London: The IASB launched a consultation on Wednesday on proposed guidance for companies to apply the board’s...
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