The technological transformation of NCH with artificial...
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Data Breach: Infosys settles lawsuits against US unit over cyber incident for $17.5 million
In April last year, Infosys said, McCamish, in coordination with...
Gold vaults $3,000 in rush for safety from market, political worry
"There will likely be increased flows into safe-haven assets like...
Cryptocurrencies a challenge for emerging markets, regulation needed: IMF chief economist
Gita Gopinath,Chief Economist,International Monetary Fund ''I think cryptocurrencies are a particular challenge for emerging markets. It seems to be more attractive to adopt cryptocurrencies and assets in emerging economies than in advanced economies,'' she said while...
Insurance industry joins initiative for decarbonising global shipping
"The disclosure framework provided by the Poseidon Principles will enable us to credibly report our progress towards net-zero insurance using granular marine data," Patrizia Kern, marine head at Swiss Re Corporate Solutions, said in a statement Other insurers and...
IndiGo flight to Tirupati diverted to Bengaluru after technical snag
Actor-turned-politician and YSRCP MLA Roja Selvamani said that she will file a defamation suit against IndiGo and its management for demanding excess money, changing the destination, and delay in travel A Rajahmundry-bound IndiGo flight for Tirupati was diverted to...
Tesla hit by string of US sex harassment lawsuits
"Tesla's factory floor more resembles a crude, archaic construction site or frat house than a cutting-edge company in the heart of the progressive San Francisco Bay area," several of the suits claim The lawsuits -- filed within a month of two others -- add to the...
Volatile markets, US lawsuits, ESG issues and SPACs create new risks for managers:Allianz
“The actions and culture of organizations and their directors and officers are coming under heightened scrutiny from a wide range of stakeholders, with litigation risk a primary concern,” says Shanil Williams, Global Head of Financial Lines at AGCS London/New...
Global insured Cat losses rise to USD 112 billion in 2021, the fourth highest on record: Swiss Re
The two costliest natural disasters of the year were both recorded in the US. Hurricane Ida wreaked USD 30 – 32 billion in estimated insured damages,including flooding in New York, and winter storm Uri caused USD 15 billion in insured losses, ”In 2021, insured losses...
Widely used software with key vulnerability sends cyber defenders scrambling
The vulnerability, known as Log4j, comes from a popular open source product that helps software developers track changes in applications that they build. It is so popular and embedded across many companies' programs that security executives expect widespread abuse....
Investors push world’s top chemicals companies over hazardous substances
The move by 23 investors including Aviva Investors and Storebrand comes as regulators toughen rules around their use and as analysts warn some companies could face billions of dollars in associated clean-up and compensation costs. In a letter to the world's 50-biggest...
PM Modi’s Twitter handle ‘compromised’, promptly secured
Prime Minister Narendra Modi's Twitter handle was "very briefly compromised" and was secured later after the matter was escalated to the micro-blogging site, Prime Minister's Office (PMO) informed on Sunday. New Delhi: Twitter on Sunday clarified that it took...
India to be among a few economies to rebound strongly; impact of Omicron to be less severe: Finmin report
''India is among the few countries that have recorded four consecutive quarters of growth amid Covid-19 (Q3, Q4 of FY21 and Q1, Q2 of FY22) reflecting the resilience of the Indian economy. The recovery was driven by a revival in services, full-recovery in...