The four PSU multiline general insurers -New India Assurance,...
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Universal Sompo General Insurance launches retail health plan
As part of its efforts to focus on retail health products,...
CoWin to be repurposed into platform for universal immunisation, blood donation: R S Sharma
RS Sharma,CoWIN chief and CEO of the National Health Authority...
Coronavirus infects Asia stocks with exposure to China
“We don’t know how long it will go,” said Peter Costello, chairman of Australia’s $115 billion sovereign wealth fund, the Future Fund, in a media briefing to coincide with a regular portfolio update.
“Obviously we hope that the measures that have been taken now will contain the virus but it’s still far too early. It will have an obvious negative effect on the Australian economy and indeed beyond,” added Costello, a former Australian treasurer.
Death toll crosses 100 in China, global stocks tumble
During the 2002-2003 outbreak of Severe Acute Respiratory Syndrome (SARS), which originated in China and killed nearly 800 people globally, air passenger demand in Asia plunged 45%. The travel industry is more reliant on Chinese travellers now.
IRDAI issues guidelines on group health insurance policies of merged PSBs
Upon merger of these PSBs, the underlying group health Insurance policies of the customers of the merged banks will be continued to be serviced by the respective insurance companies which issued the policies till the end of policy period. The insurance companies will make suitable arrangements with the acquiring banks to this effect.
Apple’s China-centric supply chain Braces for disruption from Coronavirus
“Supply chain disruption is a worry if employees across Foxconn and other component manufacturing hubs in China are restricted,” said analyst Dan Ives of Wedbush Securities Inc. “If the China outbreak becomes more spread it could negatively impact the supply chain which would be a major investor worry.”
Xi says China fighting ‘demon’ virus as death toll rises to 106
Global concern has been growing, with Japan and Germany on Tuesday reporting the first human-to-human infections outside China.
Until now, all cases in more than a dozen countries involved people who had been in or around Wuhan.
Govt to evacuate Indians from Coronavirus-hit Wuhan in China
The decision was taken at a high-level meeting chaired by Cabinet Secretary Rajiv Gauba which carried out a detailed review of the situation arising out of outbreak of Coronavirus in China.
With Wuhan virus genetic code in hand, scientists begin work on a vaccine
WHO has been working with Chinese authorities and global experts to learn more about the virus, how it affects the people who are sick with it, how they can be treated, and what countries can do to respond.
Epidemics and equities: What the coronavirous means for markets
For global corporations, Wuhan is an important hub. Of about 2,000 cities in China with factories and other facilities in Bloomberg’s supply chain database, the city ranks 13th, with about 500 facilities. The province of Hubei has 1,016, making it seventh of 32 such jurisdictions. US-based companies have 44 facilities there, and European ones about 40, the data show. Many plants are in the auto and transportation industries, and big names include PepsiCo Inc. and Siemens AG.
Coronavirus: Over 2,000 people now infected globally, 56 dead in China
The World Health Organisation (WHO) this week stopped short of calling the outbreak a global health emergency, but some health experts question whether China can continue to contain the epidemic.On Sunday, China confirmed 1,975 cases of patients infected with the new coronavirus as of Jan. 25, while the death toll from the virus has risen to 56, state broadcaster CCTV reported.
China coronavirus afflictions claim 41 lives, nearly 1300 confirmed cases, 237 critical
The virus has spread to Hong Kong, Macau, Taiwan, Nepal, Japan, Singapore, South Korea, Thailand, Vietnam and the United States as of Thursday. Japan on Friday reported a second confirmed case.