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Turning City of London into the ‘Wild West’ would be self-defeating, says BoE’s Woods

Turning City of London into the ‘Wild West’ would be self-defeating, says BoE’s Woods

by AIP Online Bureau | Oct 31, 2022 | Eco/Invest/Demography, Non-Life, Regulation, Reinsurance

Sam Woods,Deputy Governor Bank of England London: Turning the City – London’s financial district – into a “Wild West“ to attract more business after Brexit would be self-defeating as maintaining financial stability is key to competitiveness, Bank of England Deputy...

Unseasonal rains affecting Kharif crops, to impact food inflation: SBI Research

by AIP Online Bureau | Oct 31, 2022 | Facts, Non-Life, Reinsurance

“In states like UP, the unseasonal rain was more than 400 per cent above the normal. Overall, India has received a staggering 54 per cent above normal rains in October so far,” it said New Delhi: Unseasonal rains in parts of India in October may have a...

The world’s food security is at stake as Russia exits Ukraine grain deal

by AIP Online Bureau | Oct 31, 2022 | Eco/Invest/Demography, International News

“Grain prices could potentially rise between 5% and 10% in coming days as markets “absorb the bad news,” said David Laborde of the International Food Policy Research Institute in Washington Along with a reduction of exports, the early termination of the Black Sea deal...
Workers leave biggest iPhone plant in China to escape Covid curbs

Workers leave biggest iPhone plant in China to escape Covid curbs

by AIP Online Bureau | Oct 30, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Workplace/Employee Benefits

China’s zero-tolerance approach to the pandemic has idled factories and up-ended supply chains. Closed loops enable companies to stay operational during lockdowns but take a toll on workers, whose movements are severely limited, with some even required to sleep on...
Suspension bridge collapses in Gujarat’s Morbi killing at least 60

Suspension bridge collapses in Gujarat’s Morbi killing at least 60

by AIP Online Bureau | Oct 30, 2022 | Indian News, Non-Life

Eyewitnesses said that there were several women, children and others on the hanging bridge when it snapped, plunging them into the water below Due to the Diwali vacation and being a Sunday, there was a rush of tourists on the bridge, a major tourist attraction Morbi:...
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