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Threat of Coronavirus pandemic ‘has become very real’: WHO Chief

by AIP Online Bureau | Mar 9, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

Geneva: The coronavirus is closer to causing a pandemic but outbreaks in countries can still be controled through a combination of containment and mitigation measures, the World Health Organization (WHO) said on Monday.   "Now that the virus has a foothold...

Dow Jones slumps 2,000 points after coronavirus shock, oil price crash

by AIP Online Bureau | Mar 9, 2020 | Eco/Invest/Demography, International News

Wall Street's main stock indexes plummeted and the Dow Jones Industrials crashed 2,000 points on Monday as a 22% slump in oil prices and the rapid spread of the coronavirus amplified fears of a global recession.   Trading on US stock exchanges was halted...

Coronavirus: Over 3800 dead, more than 110,000 infected in 100 countries

by AIP Online Bureau | Mar 9, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  The number of cases of novel coronavirus worldwide has crossed 110,000 people in 100 countries and territories with more than 3,800 dead, according to an AFP tally on Monday.   The landmark figure came after Iran reported almost 600 new cases on Monday...

Aon to acquire Willis Towers Watson for $30bn in an all-stock transaction, combined businesses at approx $80bn

by AIP Online Bureau | Mar 9, 2020 | Intermediaries, International News

  London:  Aon, the second largest global re/insurance broker, is set to acquire Willis Towers Watson for $30bn (£22.9bn), the third largst international re/insurnace broker, in an all-stock transaction which values the combined businesses at...

US regulators will force Boeing to rewire faulty 737 MAX jets: Report

by AIP Online Bureau | Mar 9, 2020 | International News, Non-Life, Risk Management, Technology

  US aviation regulators plan to require Boeing to rewire all 737 MAX aircraft before allowing the troubled planes fly again, the Wall Street Journal has reported.   The MAX has been grounded worldwide since an Ethiopian Airlines flight crashed shortly after...
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