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World’s ghost fleet in focus over US Russian price cap crackdown
One tier relies on vessels known as the ghost fleet that are past...
World Bank’s Banga says geopolitics pose biggest, but not the only, risk to world economy
Geopolitical tensions heightened by the Middle East conflict pose...
Etiqa Insurance Singapore protects customers with Financial Assistance Benefit amid COVID-19 Outbreak
Staying committed to their mission to make the world a better place, the Etiqa Insurance Singapore will provide hospitalisation benefits of S$100 daily (up to 10 days) for patients in stable condition and S$200 daily (up to 5 days) for those in the Intensive Care Unit (ICU), including a lump sum payment of S$50,000, in the event of death, as a result of the COVID-19 viral infection.
Facebook, Twitter, Other Internet Firms to Be Responsible for Content Under UK Plan
Governments globally are wrestling over how to better control content on social media platforms, often blamed for encouraging abuse, the spread of online pornography and for influencing or manipulating voters.
Bill Coen appointed chair of the IFRS Advisory Council
The new Advisory Council Chair will have three priorities. First, to provide leadership and set the agenda for the 2020 meetings; second, to assess for the Trustees of the Foundation any relevant changes that may be warranted in the role and composition of the Advisory Council; and third, to position the Council through any transition.
Coronavirus emergency ‘holds a very grave threat’ for world: WHO
“With 99% of cases in China, this remains very much an emergency for that country, but one that holds a very grave threat for the rest of the world,” he told more than 400 researchers and national authorities, including some taking part by video conference from mainland China and Taiwan.
WHO warns overseas coronavirus spread may be ‘tip of the iceberg
“There’ve been some concerning instances of onward 2019nCoV spread from people with no travel history to China. The detection of a small number of cases may indicate more widespread transmission in other countries; in short, we may only be seeing the tip of the iceberg,” tweeted Ghebreyesus, Director-General of the WHO.
Thai insurer offers first Coronavirus Insurance Policy
“The outbreak is raising awareness among Thais about the need for health insurance,” Unchalin said in a phone interview. “The revenue from the new policy is unlikely to be material, but our main goal to calm the public’s fears during this coronavirus crisis.”
Italian investor group Exor weighs sale of PartnerRe to France’s Covea
-Insurers are turning to acquisitions, also in reinsurance, to strengthen their businesses as they face tougher regulation and falling returns from financial market investments.
-Branching out to reinsurance would also allow Covea to diversify outside its main market France, where it makes almost 90% of its 17 billion euros ($19 billion) business.
China allocates $10.26 bn to fight Coronavirus,death toll jumps to 902
The number of deaths from China’s new coronavirus epidemic jumped to 902 on Monday after the hardest-hit province of Hubei reported 91 new fatalities.
U.S. permits Startup Nuro to deploy up to 5,000 driverless delivery vehicles
The rollout of the R2 vehicle will take place in Houston, with plans for it to deliver items like pizza and groceries. It is about half the width of a regular car, has no steering wheel or seating positions and boasts gull-wing cargo doors reminiscent of the time-traveling car in the “Back to the Future” films.Nuro, a privately held robotics company based in Mountain View, California, said it will begin public road testing to prepare deliveries in Houston in the coming weeks.
Records of payment cards of Indian banks are being sold for $9 apiece on Joker’s Stash
The database exposed card numbers, expiration dates, CVV/CVC codes and some additional information such as cardholders’ full name, as well as their emails, phone numbers and addresses, security researchers from Group-IB found