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‘We are going to die’: Sri Lanka warns of food shortages

‘We are going to die’: Sri Lanka warns of food shortages

by AIP Online Bureau | May 20, 2022 | Eco/Invest/Demography, International News

“I sincerely urge everyone to accept the gravity of the … situation.” Sri Lanka is facing a dire shortage of foreign exchange, fuel, and medicines, and economic activity has slowed to a crawl,”said Prime Minister Ranil Wickremesinghe Sri...

Indian, Chinese companies take lead in use of artificial intelligence: IBM

by AIP Online Bureau | May 20, 2022 | Eco/Invest/Demography, Facts, Technology

”Chinese and Indian companies are leading the way, with nearly 60 per cent of IT professionals in those countries saying their organisations already actively use AI, compared with lagging markets like South Korea (22 per cent), Australia (24 per cent) the US (25...
SpaceX paid $250,000 to settle sexual harassment claim against Musk: Report

SpaceX paid $250,000 to settle sexual harassment claim against Musk: Report

by AIP Online Bureau | May 20, 2022 | International News, Workplace/Employee Benefits

Elon Musk,CEO & Founder, SpaceX The attendant alleged that Billionaire Elon Musk exposed himself and propositioned her during a flight in a private room on the plane, according to the friend, the report said. Musk offered to buy the attendant a horse in exchange...

Part of under-construction tunnel in J-K collapses; 3 rescued, 10 trapped

by AIP Online Bureau | May 20, 2022 | Disaster & Management, Indian News, Non-Life

Several machines and trucks have been damaged in the incident. “Around 10.15 pm on Thursday, the audit tunnel of T3 on the highway near Khooni Nallah in Ramban collapsed, trapping 11-12 labourers of Sarla Company working there,” a senior official told PTI....

Covid linked with risk of developing Parkinson’s disease, finds US Study

by AIP Online Bureau | May 20, 2022 | Workplace/Employee Benefits

SARS-CoV-2, the virus responsible for the Covid-19 pandemic, could increase the risk of brain degeneration as seen in Parkinson’s disease, finds a study conducted on mice. The new research, published in the journal Movement Disorders, finds that the novel...

Covid linked with risk of developing Parkinson’s disease, finds US Study

by AIP Online Bureau | May 20, 2022 | Facts, Health, Pandemic

“Parkinson’s is a rare disease that affects 2 per cent of the population above 55 years, so the increase in risk is not necessarily a cause for panic,” said Richard Smeyne, Director from the Thomas Jefferson University, US SARS-CoV-2, the virus...

IRDAI asks motor insurers to stop ads displaying services

by AIP Online Bureau | May 19, 2022 | Indian News, Non-Life, Regulation

According to the IRDAI, though, general insurers  enter into service agreements with motor workshops/garages for the purpose of providing motor insurance claim services for repair of accident vehicles,it is noticed that the service agreements in addition to claim...
SCOR to stop covering new oil field production projects from 2023

SCOR to stop covering new oil field production projects from 2023

by AIP Online Bureau | May 19, 2022 | Climate, Environment, Renewable Energy, International News, Non-Life, Reinsurance

To double the coverage for low carbon energies by 2025 SCOR has a longstanding commitment to fighting climate change, undertaking numerous actions to help reduce greenhouse gas emissions and facilitate the just transition to a low carbon economy Paris: During the...

Tesla bets it can bring down insurance costs, make driving safer

by AIP Online Bureau | May 19, 2022 | International News, Non-Life, Reinsurance

The insurance offering — a passion project for CFO Zachary Kirkhorn — is currently available in just eight states, including California, Illinois and Texas. During the last earnings call, Kirkhorn said Tesla had become the second-largest insurer of its cars in the...
“Singh Vs Government of India” case adjourned to May 26, Govt firms up BBB’s alternative for PSU insurers

“Singh Vs Government of India” case adjourned to May 26, Govt firms up BBB’s alternative for PSU insurers

by AIP Online Bureau | May 19, 2022 | Indian News, Non-Life, Policy

The outcome of the `Singh Vs Government of India case may impact the appointments of many existing CMDs of PSU general insurers, chairman and also managing directors of LIC, who were all selected by the BBB over the last four years `The alternative framework to BBB...
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