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Hinduja group’s IIHL to revive health insurance company after acquiring Reliance Capital
Ashok Hinduja, chairman, IndusInd International Holdings IIHL has...
India has ‘unexplored’ opportunities: Warren Buffett
Warren Buffet,chairman and CEO,Berkshire Hathaway “The question,...
Committed to engaging with Indian govt to bring Covid-19 vaccine: Pfizer
“During this pandemic phase, Pfizer will supply this vaccine only through government contracts based on agreements with respective government authorities and following regulatory authorisation or approval,” the statement said.
World food price index jumps in November to almost six-year high – FAO
The Food and Agriculture Organization’s food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 105.0 points last month, versus a slightly revised 101.0 in October.
RBI puts curbs on HDFC Bank’s digital, credit card operations
The Reserve Bank of India has asked the bank’s board to examine the lapses and fix accountability, the lender said in a stock exchange filing on Thursday.
RIMS and Max Life join hands to promote risk management awareness in India
Themed “Building Antifragility: From Crisis to Opportunity,” the virtual RIMS Risk Forum India 2020 will explore the challenges businesses have encountered during the global pandemic and strategies that have empowered some to remain resilient and emerge stronger. Scheduled for December 4, 5, the event will feature remarks from India’s most renowned risk management thought-leaders and business strategist. For more information about the Forum, visit www.RIMS.org/RFIndia
Swiss central bank says wholesale digital currency trial a success
The Swiss National Bank has been sceptical about digital currencies like Facebook’s Diem project, formerly known as Libra, saying they could undermine its ability to conduct monetary policy and achieve its goal of price stability
Facebook bans false claims about COVID-19 vaccines
“This could include false claims about the safety, efficacy, ingredients or side effects of the vaccines. For example, we will remove false claims that COVID-19 vaccines contain microchips,” the company said in a blog post. It said it would update the claims it removes based on evolving guidance from public health authorities.
North American farmers profit as consumers pressure food business to go green
Investments in sustainability remain a tiny part of overall spending by the agriculture sector, which enjoyed healthy profits in 2020. They may help to head off more costly regulations down the road now that Democratic climate advocate Joe Biden was elected U.S. president.
Sustainable techniques farmers are adopting include refraining from tilling soil at times to preserve carbon. Some are adding an off-season cover crop of rye or grass to restore soil nutrients instead of applying heavy fertilizer loads over the winter that can contaminate local water supplies.
“Biodiversity provides medicine and food of good quality and fights against climate risk, it makes sense to protect it”
Biodiversity-loss-among-very-top-risks:Axa’s AXA’s Chief Risk and Investment Officer AXA Group’s chief risk and investment officer, Alban de Mailly Nesle is required to ponder myriad dangers to the Paris-based insurer and its 830 billion-euro ($995 billion) asset management arm. He says one of the greatest and most under-appreciated threats to human health, economic vitality and the climate is the rapid reduction of the planet’s biodiversity.
In 1993, when he started his career at BNP Paribas SA, he didn’t imagine the earth’s ecosystems would become a top priority. But last year, AXA – the firm he joined in 2000 – and the WWF presented a report to the environment ministers of the Group of Seven countries about the economic impact of biodiversity loss.
De Mailly Nesle speaks to Bloomberg about biodiversity, its link to the climate, and the challenges of measuring so-called natural capital.
Japan residents to get free Covid-19 vaccine
The country has secured Covid-19 vaccines for 60 million people from pharmaceutical giant Pfizer, and for a further 25 million people from biotech firm Moderna.
EU warns of risks of Covid-19 vaccine race after UK approval of Pfizer shot
EU lawmakers were critical of Britain’s decision.
“I consider this decision to be problematic and recommend that EU Member States do not repeat the process in the same way,” said Peter Liese, an EU lawmaker who is a member of German Chancellor Angela Merkel’s party.
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