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619 cases of Covid sub-variant JN.1 reported from 12 states till Jan 4
They said 199 cases have been reported from Karnataka, 148 from...
Eat on time to keep your heart healthy
The French study, published in the journal Nature Communications,...
AIG launches Lloyd’s Syndicate 2019, largest Syndicate to reinsure risks from insurer’s Private Client Group
AIG will now operate the ninth largest managing agency in the Lloyd’s market, in terms of capacity.For Lloyd’s and the third-party investors and capital providers, Syndicate 2019 represents a compelling opportunity to access the highly attractive High Net Worth segment.
Intel buys Moovit transit app for $900 mn to develop self-driving robotaxis
Intel forecasts robotaxis will be a $160 billion market by 2030.
The decision to buy now, when much of the world economy is at a standstill due to the coronavirus outbreak, stems from Mobileye’s ability to more accurately predict when its technology will be ready, Mobileye CEO Amnon Shashua said. And the target is 2022.
COVID-19 Pandemic:“None of us is safe until all”says UN Chief
“Comprehensive, coordinated public health measures are critical to slow transmission and to save lives. But even countries that have taken such steps remain in jeopardy. And the virus is still likely to strike many countries that are least able to cope. In an interconnected world, none of us is safe until all of us are safe,” UN Secretary-General Antonio Guterres said
African swine fever detected in India for 1st time; 2,500 pigs die in Assam
“The National Institute of High Security Animal Diseases (NIHSAD), Bhopal, has confirmed that it is African Swine Fever (ASF). The Central government has informed us that it is the first instance of the disease in the country,” Animal Husbandry Minister Atul Bora said.
While swine flu can spread from animals to humans, swine fever does not, and therefore is not a public health threat.
Tens or 100s of billions? Insurers consult crystal balls on coronavirus costs
Losses could exceed $500 billion if state lawmakers require insurers to cover business-interruption claims for pandemic losses, former CNA Financial Corp Chief Executive Dennis Chookaszian told Reuters. Most policies exclude that risk, but insurers are facing lawsuits over it and eight U.S. states are considering laws to retroactively make insurers pay such claims.
Trump order to buy U.S.-made medical supplies coming soon: Navarro
U.S. President Donald Trump’s trade adviser Peter Navarro’s proposed order has met strong resistance from business leaders and current and former officials, who argued that acting to curb imports could prompt China to curb urgently needed shipments of N95 masks and other protective equipment. The initial proposal was revised slightly but is still going through an interagency review process, according to the officials.
India’s April gold imports plunge 99.9% to three-decade low: government source
The world’s second biggest consumer of the precious metal imported around 50 kilograms of gold in April, down from 110.18 tonnes a year ago, the source said on Monday
Gallagher launches Pandemic group insurance product for India’s Front-Line Workforce
“Insurance products generally exclude pandemics, epidemics and infectious disease management in a commercial environment. As such, a COVID-19 specific solution for the India market presents a practical solution for the business community and our clients, and we are delighted to be able to reach this point,” Wade concluded.
World leaders pledge $8 billion to fight COVID-19 but U.S. steers clear
British Prime Minister Boris Johnson, who has recovered from a life-threatening battle with COVID-19, said the search for a vaccine was “the most urgent shared endeavour of our lifetime”, calling for “an impregnable shield around all our people”.
Trump administration pushing to rip global supply chains from China: officials
“We’ve been working on [reducing the reliance of our supply chains in China] over the last few years but we are now turbo-charging that initiative,” Keith Krach, undersecretary for Economic Growth, Energy and the Environment at the U.S. State Department told Reuters.
The pandemic has highlighted China’s key role in the supply chain for generic drugs here that account for the majority of prescriptions in the United States. It has also shown China’s dominance in goods like here the thermal cameras needed to test workers for fevers, and its importance in food supplies.