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Global economy recovering, but may be losing momentum, says IMF chief Kristalina Georgieva

by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  Washington: The global economy is recovering from the depths of the coronavirus crisis, but there are signs of slowing momentum in countries with resurging infection rates, the International Monetary Fund said in a new report for G20 major economies. The...

Nobel scientists urge face mask rethink as Sweden’s COVID cases climb

by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

STOCKHOLM: Sweden should rethink its decision not to recommend the use of face masks to prevent the spread of the novel coronavirus amid a second wave of infections, the Royal Academy of Sciences, which awards the Nobel prizes, said on Thursday. Sweden’s...

Nasdaq to buy financial fraud detection firm Verafin for $2.75 billion

by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News, Risk Management, Technology

Exchange operator Nasdaq Inc said on Thursday it would buy anti-financial crime software firm Verafin for $2.75 billion in cash, significantly expanding its reach in the regulatory technology market.Verafin, founded in 2003, provides more than 2,000 financial...

General Motors follows Tesla,launches its own auto insurance

by AIP Online Bureau | Nov 19, 2020 | International News, Non-Life, Risk Management, Technology

  DETROIT: US auto major GM announced on Wednesday it will take its relentless focus on safety and delivering a world-class customer experience one step further with OnStar Insurance. General Motors Co. on Wednesday launched an auto insurance program with the...

India ranks 77 in global bribery risk matrix

by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Facts, Risk Management

  New Delhi: India is at 77th position with a score of 45 in a global list that measures business bribery risks of 2020. The list by TRACE, an anti-bribery standard setting organisation, measures business bribery risk in 194 countries, territories, and autonomous...
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