In 14 days, more than 350 flights operated by the Indian carriers...
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Regulatory changes to provide necessary push to surety bonds business say experts
"The expectation that surety bonds should be cheaper than bank...
PM Modi warns about ‘digital arrest’
Narendra Modi, Prime Minister "There is no legal system called...
Blaze breaks out again on supertanker off Sri Lanka, cargo area intact
The New Diamond, a very large crude carrier (VLCC) chartered by Indian Oil Corp (IOC), was fully loaded with the equivalent of about 2 million barrels of oil, Refinitiv data showed.
Photographs taken by Sri Lanka’s air force showed extensive damage to the tanker’s funnel, and thick black smoke and flames coming from the bridge, that sits just behind the cargo area.
More than 40 crew missing after cattle ship capsizes In storm off Japan
The crew of 43 was made up of 39 people from the Philippines, two from New Zealand, and two from Australia, the coastguard said.
According to Edvarodo, the ship lost an engine before it was hit by a wave and capsized, a coastguard spokeswoman said
Govt bans 118 more mobile apps, including PUBG
It said the IT Ministry had received complaints from various sources, including several reports about misuse of some mobile apps available on Android and iOS platforms for stealing and surreptitiously transmitting users’ data to servers outside India.
North Korean hackers ramp up bank heists: U.S. government cyber alert
“North Korean cyber actors have demonstrated an imaginative knack for adjusting their tactics to exploit the financial sector as well as any other sector through illicit cyber operations,” Bryan Ware, a senior cybersecurity official at the U.S. Homeland Security Department, said in a prepared statement.
Cybersecurity experts and foreign policy analysts have said these types of hacking operations are conducted to help fund the North Korean government, which is cash-strapped due to expansive sanctions continuously placed on it by the U.S. and other western countries.
Uber Vows Better Disclosure of Safety Data on Self-Driving Cars
The National Transportation Safety Board voted in 2019 that the probable cause of the crash was “the failure of the vehicle operator to monitor the environment and the operation of the automated driving system because she was visually distracted throughout her trip by her personal cellphone.”
The board also cited three shortcomings by Uber: the company’s inadequate safety risk assessment procedures; ineffective oversight of vehicle operators; and lack of adequate mechanisms to address complacency by operators as the cars drove themselves.Voluntary Approach
US Safety Agency offers App for alerts on vehicle recalls
Last year, 53 million vehicles, car seats, tires and equipment were recalled, according to the agency.
Climate change bigger economic risk than Pandemic, ECB’s Schnabel says
With climate change posing an even bigger risk, the ECB must keep this issue high on its agenda as it reviews its policy framework, Schnabel told Reuters in an interview.
“Climate change is probably the biggest challenge we are facing, much bigger than the pandemic,” Schnabel said.
“Even though this health shock was entirely unrelated to monetary policy, it nevertheless has huge implications for monetary policy,” she said. “The same is true for climate change and this is why central banks cannot ignore it.”
COVID-19: Nestle says consumer behaviour changing, essentials ”taking precedence” over luxury
“The words quality, safety, nutrition and trust have undergone sharper re-definition and consumers tend to favour ‘tried and tested’ brands and relationships formed herein,” the CMD said. There is a new word that has been added to the lexicon of consumer needs in the pandemic, which is ‘immunity’ for self and the family, said Nestlé India chairman Suresh Narayanan .
Climate change to drive large future Cat losses
It’s a mess at least partially of our own making, said Susan Cutter, director of the Hazards and Vulnerability Institute at the University of South Carolina.
“We are seeing an increase of intensity of these phenomena because we as a society are fundamentally changing the Earth and at the same time we are moving to locations that are more hazardous,” Cutter said Wednesday.
Global reinsurers report weak half-year earnings as coronavirus claims intensify:Moody’s
Coronavirus-related claims increased significantly during the second quarter
Ongoing uncertainty regarding business interruption claims as policy forms and contract litigation vary
Pandemic related mortality losses in life reinsurance are rising