“The lawsuit alleges that, from at least September 2018 to May...
Category:
International News
Latest
Swiss Re ordered to pay former underwriter $1.6M for sexism, unfair dismissal
Ms. Sommer was awarded 1.29 million pounds in a ruling published on...
WHO Civil Society Commission launched to accelerate progress in global health
The Commission’s mandate is to strengthen dialogue and foster...
AIA Singapore offers free COVID-19 coverage for its 1.4 million customers, employees and tied representatives
This special coverage includes a lump sum pay-out of S$1,000 for hospitalisation and covers death due to the coronavirus disease
Tech Mahindra and Virsec collaborate to deliver advanced Cybersecurity Solutions to customers globally
The Virsec Security Platform stops fileless and in-memory advanced application threats that escape detection by conventional security tools. It also protects applications from the inside, against known and unknown zero-day threats. Virsec patented technology maps acceptable application execution, and instantly detects code execution deviations triggered by cyberattacks. This deterministic process detects and blocks application attacks within milliseconds, with precise forensics at every step.
Chinese province launches insurance for businesses hit by coronavirus
“There are lingering concerns that the resumption of business operations will lead to more cases of coronavirus infection, and cause production to come to a standstill due to the quarantine policies,” according to the notice.
COVID-19 coronavirus:Chinese tourist in France, first such death in Europe
-European Commissioner for Health and Food Safety Stella Kyriakides warned ministers at the event in Brussels that “viruses know no borders”,
-She said coordination within the EU was vital in fighting the virus, including sharing information and cooperation between countries.“We are determined to ensure an effective, coherent EU-level response,” she said, adding: “We need to be united in our response – coherent and coordinated with each other.”
Coronavirus could damage global growth in 2020, says IMF
In its January update to the World Economic Outlook, the IMF lowered global economic growth forecast in 2020 by a 0.1 percentage point to 3.3 per cent, following a 2.9 per cent growth the previous year, the lowest in a decade.
Coronavirus triggers major dislocation in global supply chains
“All the signs are that there has been a major dislocation in global supply chains and commodity trade as well,” said Caroline Bain, chief commodities economist at Capital Economics. For some products “it’s only going to get worse in February data.”
China cleans, locks away banknotes to stop virus spread
The virus, which has infected more than 66,000 people in China,killed over 1500 people and spread to more than two dozen other countries, has sparked a rush to disinfect public places and minimise contact between people.
Munich Re targets growing global energy weather hedges
Munich Re competes with Swiss Re, Allianz and Japan’s Sompo in a market where policy prices are individualized and there is little public data.
Coronavirus epidemic could infect two-thirds of World’s population: WHO Scientist
Longini’s modeling is based on data showing that each infected person normally transmits the disease to two to three other people. A lack of rapid tests and the relative mildness of the infection in some people also makes it difficult to track its spread, he said.
Coronavirus outbreak in China disrupting global tech sector: S&P
“Our base case is that the virus will be contained globally in March 2020 (no new transmissions in April), allowing travel and other restrictions to be unwound by the middle of the second quarter,” an Asia economist of S&P Global Ratings said. S&P said it has not taken any rating actions related to the outbreak.