"The report envisions a financial ecosystem where encouraging...
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African lender weighs claiming Lloyd’s payout on Zambia debt
TDB — together with the African Export Import Bank — has found...
Swiss Re tackles longevity drug impact with life policy advice
Metformin, traditionally used to manage type 2 diabetes, and...
El Niño sees African Union Insurance Agency pay out $60 million
El Niño is caused by ocean currents that bring dry and hot weather to Southern Africa. Zimbabwe, Malawi and Zambia have declared national state of disasters The African Union’s climate insurance agency will pay out at least $60 million to four southern African nations...
UK tells tech firms to ‘tame algorithms’ to protect children
The plan by regulator Ofcom is one of more than 40 practical steps tech companies will need to implement under Britain's Online Safety Act, which became law in October. The platforms must also have robust age checks to prevent children seeing harmful content linked to...
Worsening Weather: A $25 billion Market Opportunities
Most large and listed European companies are now required to disclose what they see as risks and opportunities from environmental factors. In the US, the Securities and Exchange Commission finalized rules in March that would make it mandatory for companies to publish...
Consumer affairs ministry to meet e-commerce firms on May 15 to curb fake online reviews
The draft Quality Control Order(QCO) of Consumer Affairs Ministry mandates that the organisations will not publish reviews that have been purchased and written by individuals employed for writing review by itself or the supplier, seller, or by a third party New Delhi:...
Oil majors offered faster Nigerian exit if they pay for cleanup
Exxon, Shell, TotalEnergies, and Eni have all sought to leave Nigeria’s oil-rich Niger delta in recent years citing security concerns, including theft and sabotage, to focus on deepwater drilling. However, their exits have been delayed by regulatory hurdles. Major oil...
Maersk says Red Sea disruption could cut Asia-Europe capacity by 20%
The disruptions cause ripple effects across several other container freight routes, particularly from Asia to the east and west coasts of South America, Maersk’s spokesperson said, adding that the Red Sea situation was complex and continued to evolve Disruption to Red...
Mutual funds at all-time high, FII holding down at 11-year low
The share of Foreign Institutional Investors (FIIs) declined to an 11-year low of 17.68 per cent as of March 31, 2024, down by 51 bps from 18.19 per cent as of December 31, 2023, resulting in the gap between FII and DII holding narrowing further to an all-time low in...
Indian space regulator In-Space releases guidelines to implement space policy
It also outlines the process for registering space objects in India's national registry and makes it mandatory for operators to provide detailed information about their space objects, ensuring compliance with space debris mitigation guidelines and operational safety...
Financial Intelligence Unit arms itself with AI, ML tools to check money laundering
"Various measures are put in place to ensure security of data, including strong, end-to-end encryption, automatic blocking of logins after a set number of unsuccessful login attempts, controlled access to content stored on the portal, logging of security incidents,...
Stringent norms adopted for max pesticide residue limit in food items: Govt
"Some media reports are claiming that the Food Safety and Standards Authority of India (FSSAI) allows 10 times more pesticide residue in herbs and spices. Such reports are false and malicious. India has one of the most stringent standards of Maximum Residue Limits...