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Small the new big for hotels post-pandemic, says Oyo CEO

by AIP Online Bureau | Sep 1, 2020 | Eco/Invest/Demography, Facts, Pandemic

  LONDON/NEW YORK: The COVID-19 pandemic will mean holiday-goers will shy away from larger hotels for the foreseeable future in favor of boutiques and home rentals, the CEO of India-based hospitality startup Oyo Hotels and Homes told Reuters.The comments by...

Google, Apple roll out built-in COVID-19 exposure notifications to phones

by AIP Online Bureau | Sep 1, 2020 | Eco/Invest/Demography, Health, International News, Pandemic, Technology

  Alphabet Inc’s Google and Apple Inc on Tuesday announced a new system that will enable public health authorities to use smartphones to assist in contact tracing without having to build an app. The new system – called Exposure Notifications Express...

IRDA forms panel to examine relaunching of Index-linked products by life insurers

by AIP Online Bureau | Sep 1, 2020 | Eco/Invest/Demography, Indian News, Life, Regulation

  Hyderabad: The insurance regulator IRDAI, on Tuesday, has formed a working group(WG), to be led by Dinesh Pant, appointed actuary of Life Insurance Corporation(LIC), to examine various aspects of Index Linked products in life Insurance segment...

Australia’s QBE Insurance says CEO to exit after investigation

by AIP Online Bureau | Sep 1, 2020 | International News, Non-Life

  Australia's QBE Insurance Group said on Tuesday Chief Executive Officer Patrick Regan would leave the company after three years in the role, following an investigation that found he had fallen short of its ethics and conduct standards. Regan is departing...

North Korean hackers ramp up bank heists: U.S. government cyber alert

by AIP Online Bureau | Sep 1, 2020 | Eco/Invest/Demography, International News, Risk Management, Technology

  North Korean hackers are tapping into banks around the globe to make fraudulent money transfers and cause ATMs to spit out cash, the U.S. government warned on Wednesday. A technical cybersecurity alert jointly written by four different federal agencies,...
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