Growing use of AI-enabled tools also meant that the...
Category:
International News
Latest
Heathrow airport reopens after blackout shutdown
The financial fallout from the day-long disruption may reach reach...
AI turbocharging organized crime, EU Police agency warns
“Cybercrime is evolving into a digital arms race targeting...
Cargo plane with Serbian defence material crashes in northern Greece
Serbia's defence minister said the plane was carrying 11.5 tonnes of products made by its defense industry and the buyer was Bangladesh defense ministry. He said the crew members were killed. ATHENS: A Ukrainian cargo plane carrying munitions from Serbia to Bangladesh...
Emergence of new COVID variants a risk to global economic outlook: Moody’s
The study found the variant is four times more resistant to messenger RNA vaccines than earlier strains of Omicron, which include Pfizer and Moderna Covid-19 vaccines, Xinhua news agency reported Unvaccinated people have about a five times higher chance of contracting...
World Bank approves $100m to support Nepal’s green, resilient, and inclusive development
This shift will help the country continue to make progress on expanding and protecting prosperity while reducing poverty in the face of compounding challenges that affect Nepal's development, including COVID, disaster, climate and environmental risks," said Steve...
Uber sued by more than 500 women over assault claims
"While the company has acknowledged this crisis of sexual assault in recent years, its actual response has been slow and inadequate, with horrific consequences," said Adam Slater, a partner at Slater Slater Schulman "There is nothing more important than safety, which...
Allianz targets multinational insurance with new set-up and dedicated investments
Allianz's international corporate insurance carrier, Allianz Global Corporate & Specialty (AGCS), is strengthening its capabilities, including a new market-facing team as well as dedicated investments in data and technology, and will expand its customer services...
India ranks low at 135th globally for gender parity; worst for health & survival: WEF
On the health and survival subindex, India ranked the lowest at 146th place and figured among the five countries with gender gaps larger than 5 percent -- the other four being Qatar, Pakistan, Azerbaijan, and China New Delhi: India was on Wednesday ranked low at 135th...
Global insurance premium to surpass $7 trillion in 2022 for the first time: Swiss Re
Among top 10 markets, only three- France, Canada and India(10th largest)- have recorded positive growth in overall premium in 2021 Non-life premiums are forecast to rise by 7.1% in nominal terms in 2022, amounting to $ 4.1 trillion globally by the end of the year Life...
Twitter sues Tesla CEO Elon Musk for violating $44 billion merger deal
Elon Musk "Musk apparently believes that he - unlike every other party subject to Delaware contract law - is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away," said the lawsuit Musk said he was terminating...
Chainproof launches as the World’s first regulated smart contract insurance provider
By combining forces with SOMPO and Munich Re, global leaders in (re)insurance, Chainproof is positioned to become the world's leading regulated smart contract insurance provider Chainproof plans to offer licensed, institutional-grade insurance coverage for...
Ships get older and slower as emissions rules bite
Supply chains are already strained due to a surge in demand as economies rebound from lockdowns, pandemic disruptions at ports and a lack of new ships. If older vessels move into the slow lane as well, shipping capacity could take another hit at a time when record...