Pascal Millaire, CyberCube CEO, said: “Cyber has the potential to...
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Vietnam estimates property damage from Typhoon Bualoi at $303 mln
Bualoi made landfall on Monday in northern central Vietnam,...
Death toll rises to 69 after a 6.9 magnitude earthquake strikes central Philippines
The Southeast Asian archipelago is one of the most seismically...
Russian Oil tanker does secret cargo switch near Singapore to dodge US sanctions
Russia has shipped about 3.4 million barrels a day of crude so far this year, valued at about $37 billion at the point of export, and working around western sanctions has been part of that The first Russian oil tanker attempting to deliver crude while under US...
Former Allianz employee pleads guilty to fraud over $7-billion funds collapse
The case stemmed from the March 2020 collapse of the German insurer’s now-defunct Structured Alpha funds, which Tournant had created and oversaw as chief investment officer A former Allianz fund manager pleaded guilty on Friday over his role in a meltdown of private...
AM Best revises outlook for global reinsurance industry to positive
"Demand for coverage remains strong due to heightened natural catastrophe loss activity and general economic uncertainty," said Carlos Wong-Fupuy, senior director, AM Best OLDWICK, N.J: International rating agency AM Best has revised its market segment outlook for the...
In deepfake era photos claiming adultery by spouse to be proved by evidence Delhi HC
"We may take judicial notice of the fact that we are living in the era of deepfakes and, therefore, this is an aspect that the appellant/ husband, perhaps, would have to prove by way of evidence before the family court," the bench said New Delhi: In the era of...
Delhi hospitals rush for fire safety awareness sessions
Despite the recent spike in fire-related calls, the Delhi Fire Service(DFS) remains committed to reducing such incidents through education and timely intervention. The department noted that it had received a record 183 calls on May 30 and that 55 people have lost...
RBI maintains status quo in repo rate at 6.5 pc, growth projection raised to 7.2%
Shaktikanta Das, Governor,RBI "Uncertainties related to food inflation need to be monitored. Need inflation reduction to 4 per cent level on a durable basis while supporting growth," RBI Governor Shaktikanta Das said Mumbai: The Reserve Bank of India(RBI) on Friday...
Staff warned off whistleblower hotlines, says global survey
Against a backdrop of geopolitical and economic challenges, more employees would consider dishonest behavior than two years ago. Nearly 40% of all respondents – and two-thirds of board members – said they were willing to behave unethically to improve their career or...
Delhi ACB uncovers alarming discrepancies in 44 private hospitals
The ACB inspected 62 medical facilities in Delhi, revealing several were operating without proper licenses, safety measures, or registration certificates New Delhi: The Anti-Corruption Branch (ACB) of Delhi has uncovered alarming discrepancies in 44 private hospitals,...
ECB cuts rates even as inflation fight goes on, first time since 2019
Christine Lagarde,President,ECB "We are not pre-comitting to a particular rate path," ECB President Christine Lagarde told a press conference, reading from the Governing Council's statement FRANKFURT: The European Central Bank went ahead with its first interest rate...
Climate change made deadly Brazil floods twice as likely
Factors besides climate change — such as poor flood-control infrastructure and deforestation — played a role in making the floods more destructive. But it was the interplay between climate change and El Niño, the occasional warming of the eastern equatorial Pacific,...