In analysis issued in response to the increase in number and...
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Coronavirus Pandemic: Short-term closure of plants or premises can pose risks for companies:AGCS Study
“We already see a number of losses that occur on holidays or weekends when employees are not largely present on sites or premises,” says Ralf Dumke, Regional Head of Risk Consulting Property, AGCS Central & Eastern Europe: “The production and operating shutdowns currently being caused by the coronavirus pandemic can also bring increasing hazards for businesses.
Britain unlikely to lift coronavirus lockdown until end of May: Govt expert
Almost one million people have applied for welfare benefits in just two weeks in Britain, according to official data that shows the economy is set for a depression that could be worse than the slump in the 1930s.
Caronavirus Pandemic:Trump wants India to release US order of hydroxychloroquine
When Trump spoke at the daily briefing of the White House Coronavirus Task Force in Washington, the number of those in the US affected by the virus had reached 311,357, an increase of 34,196 since Friday, according to Worldometers.com. The total number of deaths from the virus was 8,452.
FPIs pull out record Rs 1.1 trn in March, highest withdrawal ever
Terming the fund outflow as “unparalleled”, Himanshu Srivastava, senior analyst manager research, Morningstar India, said that with fear over the degree of impact that Covid-19 could leave on the global economy, foreign investors stormed out of the emerging markets, with India among the worst hit.
“The intensity of the situation could be gauged from the fact that even during the financial crisis of 2008, FPIs sold net assets worth $9.3 billion in the Indian markets while in March 2020, they have been net sellers to the tune of USD 16.5 billion,” he added.
Indian officials warn of lockdown extensions as COVID-19 cases in South Asia near 6,000
While the government does plan to review the lockdown, set to end on April 14, three senior officials told Reuters this will depend on an assessment of the situation in each state, and lockdowns and restrictions would be extended in districts where the coronavirus case spread has continued.
Scared, tired New York doctor: ‘It’s going to get tougher’
New York suffered its deadliest single day from the coronavirus on Friday, with 562 additional deaths in the last 24 hours for a total of 2,935 fatalities, by far the most of any U.S. state.
French coronavirus cases jump above China’s after including nursing home tally
The number of people who have died from the COVID-19 illness in France jumped by 61% to 6,507 over two days after data from nursing homes were included, and confirmed cases jumped by 44% to 82,165, the health ministry reported on Friday, making France the fifth country to report more cases than China.
Caronavirus Pandemic:“Wimbledon”cancellation trigger £100 million insurance claims
“We’re fortunate to have the insurance and it helps,” The Guardian quoted AELTC chief executive Richard Lewis as saying on Thursday. “The insurers, the brokers, and everybody involved have been excellent to work with so far, but there’s still a lot of work to do.”
Outgoing chief executive Lewis revealed a virus clause was put into the All England Club’s insurance policy in 2003 due to fears over the scale of the SARS disease
WHO, IMF say saving lives ‘prerequisite’ to save jobs
“At face value, there is a trade-off to make: either save lives or save livelihoods. This is a false dilemma getting the virus under control is, if anything, a prerequisite to saving livelihoods.”
Caronavirus Pandemic:30% infections linked to Tablighi centre,death toll nears 100-mark
Sharing the age-group analysis of COVID-19 patients, Agarwal said the maximum 42 per cent are of 21-40 years, 33 per cent of 41-60 years, 17 per cent are above 60 years and 9 per cent are of 0-20 years.
The elderly people and those with other medical complications are said to be at higher risk in this pandemic. In Delhi also, five of the six COVID-19 patients who have died were above 60.