A senior Indian bureaucrat told reporters that sanctioned vessels...
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Moody’s to acquire CAPE Analytics, adds AI-powered geospatial property risk intelligence to its insurance risk models
“By combining our CAT risk models with CAPE’s AI-powered property...
Miller continues Asia expansion, enters Korean market
Ron Whyte, Head of Asia at Miller, commented: “Today’s announcement...
Cyclones in Africa exacerbated by climate change: Study
“While our analysis clearly shows that climate change made the storms more damaging, our ability to establish precisely by how much was hampered by inconsistent data and lack of weather observations. This would also help to improve forecasts of extreme weather events...
Swiss Re chairman re-elected despite proxy adviser raising concerns about diversity
Sergio Ermotti, chairman, Swiss Re ISS recommended shareholders oppose the reappointment of Ermotti as a “signal of concern” over the lack of gender diversity on the reinsurer’s board. Ermotti told shareholders in a webcast that “abilities and experience” are also...
Oil traders to cut Russian oil purchases from May 15
Energy trading firms face compliance and reputational risks from the current raft of Western sanctions. They have to examine closely which entities they can pay as well as their employees' nationalities. Also, the lack of an outright ban complicates ending existing...
Normal monsoon season predicted, to mitigate some inflationary pressures
In terms of predictions, both Skymet and IMD have given a forecast for a 'normal' Southwest Monsoon for the current year at 99 per cent and 98 per cent of the long period average (LPA) respectively India has been relatively fortunate to receive a favourable pattern of...
Japan’s population down by record 644,000 people
Tokyo, saw its first population drop in 26 years, declining by 40,000 to a total of 14 million people The population of Japan has been shrinking for 11 consecutive years, but this year's fall is the greatest both in absolute numbers and in percentage terms The...
EU sanctions tweak allows some plane owners to sell to Russia
Under the amended provision, no economic resources can be made available to the Russian counterpart, except to transfer ownership of the plane after the EU company has been fully reimbursed An amendment to European Union sanctions last week created a potential path...
India-Fundraising via debt placement hits 6-yr low at Rs 5.88 lakh cr in FY22
Unless the high government borrowings and adverse interest rate cycle play spoilsport, the ongoing financial year is expected to be robust in terms of fundraising activities through the debt route on account of higher demand for credit from corporates in light of the...
Afghanistan’s per capita income falls by one-third in last months of 2021: World Bank
The political crisis has put the gains of around two decades in Afghanistan at risk and will lead the country to grave poverty, the World Bank said. According to the statement, if the current condition continues, the Gross Domestic Product per capita will decline by...
PM Modi says India to get record number of doctors in next 10 years
Prime Minister Narendra Modi The goal of having at least one medical college in every district and ensuring that medical education was in reach of everyone will result in the country getting a record numbers of doctors after 10 years,” the PM said Ahmedabad: Prime...
Worldwide COVID cases surpass 500 mln as Omicron variant BA.2 surges
Roughly 64.8% of the world population has received at least one dose of a COVID vaccine, although only 14.8% of people in low-income countries have received at least one dose, according to figures from Our World in Data Since 2020, about 37% of the world's COVID cases...