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Indian
Demand for ESG jobs in India grows 468 pc in last 3 years: Report
ESG roles are most in-demand in sectors like healthcare and...
5 NDRF units, Army columns, Navy, Coast Guard teams part of BMC plan to tackle monsoon
The civic body had held meetings with officials handling major...
‘NDRF is in constant touch with all state govts to deal with flood situation’
A large area in India is prone to floods in which the Ganga and the...
Massive fire breaks out at Deepak Nitrite’s Vadodara plant, NIA is the lead insurer
The general insurers who have to now pay any claims are- New India...
International
Factbox: When and which COVID-19 vaccines are likely to be available in Asia
Munich Re aims for a profit of €2.8bn in 2021
“We expect to generate a profit of clearly above 1bn € this year. The pandemic has naturally had a considerable impact on our result. But the burdens arising from COVID-19 are financially manageable for Our business is clearly on track. Thanks to our strong balance sheet, we are in a very good position to exploit current market opportunities. In the coming year, we plan – despite anticipated further COVID‑19 losses – to meet the profit target of €2.8bn as envisaged prior to the pandemic,”said Christoph Jurecka,,CFO, Munich Re ,
Hyundai, Kia Motors agree to $210 million auto safety civil penalty in US
Kia agreed to create a new U.S. safety office headed by a chief safety officer and each automaker will retain an independent, third-party auditor who will directly report to NHTSA and will conduct a comprehensive review of the company’s safety practices. Hyundai’s consent order will last three years, while Kia’s is for two years, but both can be extended by one year.
Mirae Asset wins U.S. lawsuit against China’s Anbang on scrapped $5.8 bln hotel deal
The case in Delaware, where many companies are registered, could set a precedent for deals that have seen valuations drop since the COVID-19 pandemic, as buyers no longer want to buy assets under the terms of agreements reached before.
A consortium led by Mirae agreed last year to buy the hotels from Anbang, which had been selling some of its overseas assets after the Chinese government took control of the troubled insurer in 2018.
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