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International News

Stone Point Capital and Insight Partners to acquire CoreLogic for $6 billion

Chuck Davis, CEO of Stone Point Capital, said, “CoreLogic is a mission critical vendor and data provider across industry sectors in which Stone Point has specialized over the past 20 years, including mortgage, residential real estate and P&C insurance. CoreLogic’s proprietary data assets are increasingly important to its customers, and we look forward to leveraging our network within the broader financial services industry to support the company’s next phase of growth.”

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High levels of toxic heavy metals found in some baby food – U.S. report

Representative Raja Krishnamoorthi, a Democrat who chairs the panel that released the report, said it found “these manufacturers knowingly sell baby food containing high levels of toxic heavy metals … It’s time that we develop much better standards for the sake of future generations.” A Food and Drug Administration (FDA) spokesman said the agency was reviewing the report.

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Another ship in rough Pacific Ocean spills containers overboard

Forty-one empty containers fell from the ship around Jan. 29, according to a website notice from marine-claims consultancy W.K. Webster, which said it has nominated a surveyor to investigate the extent of damage.​

​The incident is at least the second time this year, and the third time in less than 10 weeks, that a notable number of containers have fallen into the Pacific while ships ply the busy trade lane.

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Chubb announces new appointments for Asia Pacific’s Property & Casualty team

Alex Todd has been appointed as the new Head of Property,responsible for the growth and performance of Chubb’s Commercial Property portfolio in Asia.
Jamie Park has been appointed as head of Financial Lines,responsible for the underwriting, product development, new business opportunities, as well as driving the overall profitability of Chubb’s Financial Lines portfolio in Asia. 

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There are 4,000 variants of virus that causes COVID-19, UK minister says

Its very unlikely that the current vaccine won’t be effective on the variants whether in Kent or other variants especially when it comes to severe illness and hospitalisation
“All manufacturers, Pfizer-BioNTech, Moderna, Oxford-AstraZeneca and others are looking at how they can improve their vaccine to make sure that we are ready for any variant – there are about 4,000 variants around the world of COVID now.”UK Vaccine Deployment Minister Nadhim Zahawi told Sky News,”

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