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Munich Re retains its top position, Asian reinsurers lose rankings in AM Best’s 2022 global list
All the top three Asian reinsurers, China Re, Korean Re and GIC Re,...
Airlines need to strictly enforce COVID-19 protocol, including mask mandate: DGCA
Airlines have to ensure that passengers are wearing face masks...
Coronavirus outbreak could cost global economy up to $2 trillion UNCTAD
A preliminary downside scenario sees a USD 2 trillion shortfall in global income with a USD 220 billion hit to developing countries (excluding China). The most badly affected economies in this scenario will be oil-exporting countries, but also other commodity exporters, which stand to lose more than one percentage point of growth, as well as those with strong trade linkages to the initially shocked economies.
Coronavirus outbreak: Foreign investors bleed money; sell $9 billion Asian equities so far
Indian equities, which are also hit by a turmoil at private sector lender Yes Bank, saw an outflow of $1.7 billion. Indonesian and Philippine equities witnessed the least amount of foreign fund outflows, with just about $108 million and $65 million, respectively
Stimulus hopes buoy Wall Street after rout; Dow Jones, S&P rise over 3%
“Investors are trying to look for any signs that there is light at the end of the tunnel,” said Adam Sarhan, chief executive officer of 50 Park Investments in New York.
Japan announces $4 billion coronavirus package,Trump vows ‘major’ steps to aid US economy
President Donald Trump on March 9 said he will be taking “major” steps to gird the economy against the impact of the spreading coronavirus outbreak and will discuss a payroll tax cut with congressional Republicans on Tuesday.
Colorectal cancer deaths shifting toward younger adults, find study
Death rates among those aged 65 and older have been declining by 3% per year and by 0.6% among those aged 50 to 64, while they have been increasing by 1.3% per year in those younger than 50.
Sensex plunges1,942 points on deepening virus fears,investors lose Rs 7 lakh crore on Monday
Global share markets tumbled on Monday, with the MSCI’s broadest index of Asia-Pacific shares outside Japan losing 3.7% in its worst day since 2015. The Nifty banking index was down 3.7%, hitting its lowest since September.
Coronavirus: Over 3800 dead, more than 110,000 infected in 100 countries
Governments are scrambling to respond to the outbreak with countries across Europe cancelling public gatherings, restricting attendances at sporting events and closing schools — following similar measures in China and other Asian nations.
Threat of Coronavirus pandemic ‘has become very real’: WHO Chief
Four countries account for 93% of the nearly 110,000 cases worldwide, Tedros said. “We are encouraged that Italy is taking aggressive measures to contain its epidemic and we hope that those measures prove effective in the coming days,” he added.
Drinking alcohol will not protect you from Covid-19, says WHO
“Be aware that both alcohol and chlorine can be useful to disinfect surfaces, but they need to be used under appropriate recommendations,” the WHO said.
The most effective way to protect yourself against the new coronavirus is by frequently cleaning your hands with alcohol-based hand rub or washing them with soap and water, according to the organisation.
Coronavirus outbreak: Five more people from Kerala test positive for Covid-19
All the five have been isolated in Pathnamathitta general hospital and are under observation. Their tests were confirmed on Saturday night. Earlier, India’s first three positive cases had been reported from the state