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Yawning digital gap between high and low income Commonwealth countries

by AIP Online Bureau | Feb 21, 2020 | Eco/Invest/Demography, International News, Technology

  London: A report titled ‘The State of the Digital Economy in the Commonwealth’ has revealed the yawning digital gap between high and low income Commonwealth countries, while offering solutions to tackle the imbalance.   The report was launched...

Boeing failure to fix 737 Max cockpit light may draw FAA penalty

by AIP Online Bureau | Feb 21, 2020 | International News, Non-Life, Reinsurance, Risk Management, Technology

  Boeing Co. engineers discovered in 2017 that a software glitch had rendered a warning light on the newly introduced 737 Max inoperable on 80% of the planes. But the company chose not to fix it or to inform U.S. regulators.   The next year, a Lion Air jet...

Coronavirus scare may erase $29 bn from global airlines’ revenue, says IATA

by AIP Online Bureau | Feb 21, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

The outbreak of the new virus threatens to erase $29 billion of this year's revenue for global airlines, mostly for Chinese carriers, as travel crashes worldwide, according to the International Air Transport Association.   The trade group for global airlines...

Fintech investments in India doubled to $3.7bn in 2019, 13.7 % in Insurtechs:Accenture Report

by AIP Online Bureau | Feb 21, 2020 | Eco/Invest/Demography, Indian News, Technology

  Mumbai: Investment in financial technology (fintech) ventures in India nearly doubled to $3.7 billion in 2019 making the country the world's third largest fintech market, as per an analysis by Accenture.   "Fintech investments in India nearly...

Coronavirus on G20 agenda as China reports uptick in cases

by AIP Online Bureau | Feb 21, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance

  BEIJING: China reported an uptick in new cases of coronavirus on Friday, boosted by more than 200 people testing positive for the disease in two prisons outside of Hubei province, the epicentre of the outbreak.As international authorities tried to stop the...
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