Ant said that its listing had been suspended by Shanghai following a recent interview regulators held with its founder Jack Ma and top executives. It said it may not meet listing qualifications or disclosure requirements, and also cited recent changes in the fintech regulatory environment.

Shanghai described Ant’s meeting with Chinese financial regulators as a “major event”.

Global marine insurance results indicate a modest recovery but COVID-19 adds uncertainty :IUMI reports

Nov 3, 2020

Marine underwriting premiums for 2019 were estimated to be USD 28.7 billion which represents a 0.9% reduction from 2018.

The USD 28.7 billion global income was split between these geographic regions:Europe 46.3%, Asia/Pacific 31.8%, Latin America 10.3%, North America 5.3%,
Other 6.3%.

UK raises terror threat level to severe after Europe attacks

Nov 3, 2020

“It is now confirmed that yesterday’s attack was clearly an Islamist terror attack,” Kurz said. “It was an attack out of hatred – hatred for our fundamental values, hatred for our way of life, hatred for our democracy in which all people have equal rights and dignity.”

Pilot Unions, crash families seek revisions to 737 Max training

Nov 3, 2020

A group of dozens of family members and friends of the 157 people who died on an Ethiopian Airlines crash on March 10, 2019, go further, seeking additional design changes and publication of a more detailed training outline.

“The FAA’s proposed update to the 737 Max pilot training requirements is inadequate to rectify Boeing’s history of 737 Max-related failures and insufficient to prepare pilots to safely fly the airplane,” the family group said in its comments, also posted on Monday.

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