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Bermuda considers introducing corporate income tax

by AIP Online Bureau | Aug 9, 2023 | Eco/Invest/Demography, Non-Life, Policy, Regulation, Reinsurance

The Bermudan government said in a statement the proposal would end the island nation’s long-standing 0% corporate income tax and would apply to Bermudan units of multinational corporations with 750 million euros ($820 million) or more in annual revenue. The proposal,...

After attacking Ukraine wheat exports, Russia faces own shipping challenge

by AIP Online Bureau | Aug 9, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Insurance for ships heading to Russia’s Black Sea ports currently costs tens of thousands of dollars in additional premiums daily, the three sources said, with rates ticking higher following Russia’s attacks on Ukraine’s other waterways through the Danube in recent...

Zoom, which thrived on the remote work revolution, wants workers back in the office part-time

by AIP Online Bureau | Aug 9, 2023 | Facts, Technology, Workplace/Employee Benefits

Zoom, the video conferencing pioneer, is asking employees who live within a 50-mile radius of its offices to work onsite two days a week, a company spokesperson confirmed in an email. Newyork: The company whose name became synonymous with remote work is joining the...
WHO classifies EG.5 as COVID-19 ‘variant of interest’

WHO classifies EG.5 as COVID-19 ‘variant of interest’

by AIP Online Bureau | Aug 9, 2023 | Health, International News, Non-Life, Pandemic

“We don’t detect a change in severity of EG.5 compared to other sublineages of Omicron that have been in circulation since late 2021.Collectively, available evidence does not suggest that EG.5 has additional public health risks relative to the other...

India succeeds in reducing emissions rate by 33% over 14 years – sources

by AIP Online Bureau | Aug 9, 2023 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography

Central Electricity Authority data shows that non-fossil fuel-based power – including hydro, nuclear and renewable energy – accounted for 25.3% of India’s total power generation in the fiscal year that ended in March, up from 24.6% three years...
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