Policybazaar for Business (PBFB) has partnered with the Young...
Category:
Risk Management
Latest
Zurich Resilience Solutions and GoImpact Capital Partners forge strategic alliance for APAC climate resilience
Initially targeting businesses in Hong Kong, Singapore, and...
StanChart sets $200 billion new wealth assets target, focuses on Chinese and Indian wealthy
StanChart’s assets under management sourced from wealthy Chinese...
Don’t expect a conclusion from WHO’s China visit, says expert
China has been accused by some of a cover-up that delayed its initial response, allowing the virus to spread since it first emerged in the central city of Wuhan late in 2019.
Smoking is associated with increased risk of COVID-19 symptoms: Study
The researchers recommended that a smoking cessation strategy be included as an element to address COVID-19, as smoking increased both the likelihood of symptomatic disease and disease severity. Reduction in smoking rates could also reduce the health system burden from other smoking-related conditions that require hospitalisation.
WhatsApp updates terms as moves to monetize app
Facebook aims to monetise WhatsApp by allowing businesses to contact their clients via the platform, even sell them products directly using the service as they already do in India.”Privacy policy and terms updates are common in the industry and we’re providing users with ample notice to review the changes, which go into effect on February 8th,” a Facebook spokesperson said.
Federal and state regulators in US have accused Facebook of using its acquisitions of WhatsApp and Instagram to squelch competition and filed antitrust lawsuits last month that aim to force the company to divest them.
CAIT asks govt to ban WhatsApp, Facebook over new privacy policy
The Confederation of All India Traders (CAIT) claimed that through the new privacy policy, ”all kinds of personal data, payment transactions, contacts, location and other vital information of a person who is using WhatsApp will be acquired by it and can be used for any purpose by WhatsApp”.
Notional income for homemakers in claims case signals their value, rules SC
In far reaching ramifications, especially in award of compensation to road accident victims involving homemakers, the top court said that fixing of notional income for them is a recognition of the multitude of women who are engaged in this activity, whether by choice or as a result of social/cultural norms.
Deciding an appeal filed by two surviving daughters and a parent of the deceased couple which met with an accident here, the bench modified the Delhi High Court order and enhanced the compensation of Rs 22 lakh to the claimants by Rs 11.20 lakh, to a total of Rs 33.20 lakh.
Maharashtra: Ten newborn babies die in Bhandara hospital fire
District civil surgeon Pramod Khandate said fire broke out at the Bhandara district hospital at around 1.30 am. There were 17 babies in the unit and seven were rescued, he added
Blast at Chinese recycler shows battery supply-chain risks
The explosion is likely to renew scrutiny of safety risks in battery use and recycling, a still developing industry in which metals are recovered for reuse from spent packs. Lithium-ion batteries — used in toothbrushes to electric cars and as energy storage for utilities — are a key tool in curbing global emissions, but have occasionally caused fires that are difficult to douse.
EU may ask too high a price for financial services trade, BoE warns
Bank of England Governor Andrew Bailey said on Wednesday.European daily share trading worth 6 billion euros ($7.36 billion) left the City of London for the continent this week in the first tangible sign of Brexit’s impact on Britain’s 130 billion-pound ($176 billion) finance industry.
The EU has asked Britain about its intentions to diverge from the bloc’s rules, which could make it harder for Brussels to grant equivalence-based direct access for the City of London.
Twitter bans Donald Trump permanently, citing risk of violent incitement
Twitter has long given Trump and other world leaders broad exemptions from its rules against personal attacks, hate speech and other behaviors. But in a detailed explanation posted on its blog Friday, the company said recent Trump tweets amounted to glorification of violence when read in the context of the Capitol riot and plans circulating online for future armed protests around the inauguration of President-elect Joe Biden.
U.S. taxpayers to pay Capitol siege tab as government shuns insurance
Taxpayers will pay for damages because federal agencies rarely carry insurance, industry and policy sources said. “Taxpayers will be on the hook for repairs to the Capitol,” said Stephen Ellis, president of Taxpayers for Common Sense, a U.S. budget watchdog group.
In terms of repair and cleanup expenses, the federal government has long considered insurance not worth the expense.