by AIP Online Bureau | Nov 13, 2020 | Eco/Invest/Demography, International News, Regulation
Financial risks related to the coronavirus pandemic will last for months if not years, Switzerland’s financial market supervisor FINMA said on Wednesday, pointing to particularly heightened risk of defaults on corporate loans. “Thanks to the cushion of...
by AIP Online Bureau | Nov 13, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
PARIS/BERLIN: European officials warned against COVID-19 complacency on Thursday and said measures to control a surge in infections as winter approaches must continue despite hopes that new vaccines can bring the pandemic under control.This week’s announcement...
by AIP Online Bureau | Nov 13, 2020 | Eco/Invest/Demography, International News, Risk Management, Technology
TOKYO: Japan's Tohoku Electric Power said on Wednesday it had received the green light from a local governor to restart one of its nuclear reactors, nearly a decade after it was damaged in the earthquake and tsunami that caused the Fukushima disaster....
by AIP Online Bureau | Nov 13, 2020 | Eco/Invest/Demography, International News, Workplace/Employee Benefits
A U.S. appeals court on Thursday upheld Harvard University’s use of race in undergraduate admissions, rejecting a challenge by affirmative action opponents who said the Ivy League school’s policy discriminates against Asian-Americans.Opponents of...
by AIP Online Bureau | Nov 13, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance, Risk Management, Workplace/Employee Benefits
Parents who’ve lost their jobs during the pandemic are driving a surge of litigation, alleging their employers discriminated against them for taking care of their kids when schools closed. Since March, working parents have filed at least 40 lawsuits...
