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At least 19 dead as forest fires approach densely populated areas of central Chile
The El Nino weather pattern has caused droughts and hotter than...
Europe within reach of landmark AI rules after nod from EU countries
Tech lobbying group CCIA which counts Alphabet's Google , Amazon,...
Japan weighs tax incentives to reach PM’s goals on digital, zero emissions
“We must discuss how to establish tax system that responds to the premier’s calls for digitalisation and green society, which are pillars of a new era of with-corona and post-corona,” the LDP tax commission head Akira Amari told
‘Too soon’ to let Boeing 737 MAX fly again, say families of Lion Air crash victims
“This means they don’t prioritize safety, considering there have been fatal mistakes that led to these two airlines having terrible accidents,”
General Motors follows Tesla,launches its own auto insurance
GM said it will use data from its on-board concierge device OnStar, which connects drivers to human operators who help with navigation or emergencies, but also collects precise data on driving patterns, such as hard braking and acceleration.
Nasdaq to buy financial fraud detection firm Verafin for $2.75 billion
“The problem of detecting money laundering and fraud hasn’t been solved very well yet,” Valerie Bannert-Thurner, senior vice president and head of sell-side and buy-side solutions, market technology at Nasdaq, said in an interview. “With our acquisition we are doubling down on our belief this as an area that is being disrupted and where we can have a big impact.”
Up to $2 trillion is laundered globally each year, representing up to 5% of global GDP, according to the United Nations.
Global economy recovering, but may be losing momentum, says IMF chief Kristalina Georgieva
While fiscal spending of nearly $12 trillion and monetary policies had averted even worse outcomes, poverty and inequality were increasing, and more support was needed, the IMF said.
New outbreaks and more stringent mobility restrictions, and delays in vaccine development and distribution could reduce growth, increase public debt and worsen economic scarring.
Tysers ramps up its Asia and Australasia Marine and Aviation Team
As a senior client manager for Swiss Re Asia in Singapore, Jane covered Southeast Asia, India and Dragons
Internal failures most frequent cause of cyber claims,brings expensive losses for companies: Allianz
During 2020 Google said it has had to block over 11,000 government-sponsored potential cyber-attacks per quarter. Recent years have seen critical infrastructure, such as ports and terminals and oil and gas installations hit by cyber-attacks and ransomware campaigns.
Russian economy set to lose $45 bln to cyber crime in 2020
The coronavirus pandemic has exacerbated cybersecurity concerns as more transactions are now made online rather than with cash after lockdown measures and health restrictions reduced footfall in shops across the world.
Wildlife diseases poised to spread northwards as climate changes: study
The study projects increasing spread over the next five decades of wildlife diseases caused by bacteria, fungi, viruses and infectious worms. There are serious implications for humans, said co-author Jason Rohr of the University of Notre Dame, Indiana.
“We do know that 75% of emerging infectious diseases have a wildlife origin,” said Rohr, who runs an ecology and public health lab at Notre Dame. “We should be concerned for our own health when we see studies suggesting that there could be increases in infectious disease in wildlife.”
Contract clarity could drive insurance growth:Morgan Stanley
“If you’re very crystal clear about what’s being excluded it creates an opportunity to then provide another product that specifically covers something that otherwise would be carved out. At least people would understand what’s in and what’s out,” Chasin said.
He acknowledged that too many exclusions also present problems, referencing cyber insurance as an area of focus in this regard.