Following a frenzy of deals in the early days of the COVID-19...
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Tokio Marine Holdings launches disaster prevention & mitigation subsidiary
Tokio Marine Resilience will promote comprehensive disaster...
Nations to develop mechanism for use of digital sequence information on genetic resources
Digital sequence information(DSI) is a placeholder term to refer to...
In dramatic step, Trump restricts travel from Europe to US to fight coronavirus
After triggering confusion by suggesting that “trade and cargo” from Europe would also be banned, Trump was forced to clarify his statement with a tweet moments after the speech that “trade will in no way be affected” by the travel restriction.
“The restriction stops people not goods,” he said in the tweet.U.S. stock futures ESv1 slid further as the president spoke, down more than 4% and signaling another day of losses awaits Wall Street.
Seguros Unimed partners with dacadoo to provide digital health services in Brazil
Unimed is the largest Brazilian medical work cooperative and health insurance operator. It is considered the largest of its kind in the world, with more than 150,000 affiliated physicians, 386 Unimed branches and around than 18 million beneficiaries. The insurance arm Seguros Unimed is among the largest insurance carriers in Brazil, offering health, life and various other insurance products to its Unimed beneficiaries and affiliates physicians.
Coronavirus outbreak could cost global economy up to $2 trillion UNCTAD
A preliminary downside scenario sees a USD 2 trillion shortfall in global income with a USD 220 billion hit to developing countries (excluding China). The most badly affected economies in this scenario will be oil-exporting countries, but also other commodity exporters, which stand to lose more than one percentage point of growth, as well as those with strong trade linkages to the initially shocked economies.
Coronavirus outbreak: Foreign investors bleed money; sell $9 billion Asian equities so far
Indian equities, which are also hit by a turmoil at private sector lender Yes Bank, saw an outflow of $1.7 billion. Indonesian and Philippine equities witnessed the least amount of foreign fund outflows, with just about $108 million and $65 million, respectively
Stimulus hopes buoy Wall Street after rout; Dow Jones, S&P rise over 3%
“Investors are trying to look for any signs that there is light at the end of the tunnel,” said Adam Sarhan, chief executive officer of 50 Park Investments in New York.
Japan announces $4 billion coronavirus package,Trump vows ‘major’ steps to aid US economy
President Donald Trump on March 9 said he will be taking “major” steps to gird the economy against the impact of the spreading coronavirus outbreak and will discuss a payroll tax cut with congressional Republicans on Tuesday.
China’s new coronavirus cases rise on infections from abroad, South Korea sees a jump in new cases
As China’s efforts to control the spread of the pathogen at home start to payoff, Beijing is turning its focus on overseas cases as the coronavirus expands its footprint across the globe.
New infections in central Hubei province, the epicenter of the outbreak, continued to stabilize, with new cases declining for the sixth day.
Asia shares bounce as stimulus hopes stem rout, for now
“Although uncertainty is very high, we now expect similar restrictions will be put in place across Europe in the coming weeks,” warned economists at JPMorgan.
US regulators will force Boeing to rewire faulty 737 MAX jets: Report
“The aircraft will be cleared for return to passenger service only after the FAA is satisfied that all safety-related issues are addressed,” it added.
Aon to acquire Willis Towers Watson for $30bn in an all-stock transaction, combined businesses at approx $80bn
Upon completion, the combined firm will go to market under the Aon brand, and will maintain operating headquarters in London, UK.The $30bn deal will see the combined business operate under the Aon brand led by Aon CEO Greg Case, with the transaction expected to go through in the first half of 2021.