by AIP Online Bureau | Jul 8, 2021 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
Brussels: The European Union handed down $1 billion in fines to major German car manufacturers Thursday, saying they colluded to limit the development and rollout of car emission-control systems. Daimler, BMW and Volkswagen along with its Audi and Porsche...
by AIP Online Bureau | Jul 8, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
The European Central Bank set a new inflation target on Thursday and carved out a major role in the fight against climate change, as Europe's most powerful financial institution embarked on the biggest overhaul in its 23-year history. With inflation having...
by AIP Online Bureau | Jul 8, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance
Fans were banned from the pandemic-postponed Tokyo Olympics which will open in two weeks, following a state of emergency on Thursday, Olympic Minister Tamayo Marukawa told the Japanese news agency Kyodo. The ban was announced by the International Olympic Committee and...
by AIP Online Bureau | Jul 8, 2021 | Eco/Invest/Demography, Indian News, Policy
NEW DELHI: Cairn Energy said on Thursday a Paris court had accepted its petition that Indian state-owned assets in the city worth over 20 million euros ($24 million) be frozen, claiming a significant win in its campaign to force the Indian government to pay...
by AIP Online Bureau | Jul 8, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
New Delhi: The Union Cabinet chaired by Prime Minister Narendra Modi, on Thursday, has approved a new scheme ‘India COVID-19 Emergency Response & Health System Preparedness Package: Phase-II’ amounting to Rs. 23,123 crore for FY 2021-22. This...
by AIP Online Bureau | Jul 8, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Zurich: The pathway to tackle climate change is clear: Reducing CO2 emissions is the priority and then any unavoidable emissions need to be removed from the atmosphere and stored permanently. The latest Swiss Re Institute report 'The insurance rationale for...
by AIP Online Bureau | Jul 8, 2021 | Eco/Invest/Demography, Health, International News
In late December, some 1,800 bulls left Spain for Turkey aboard a ship called the Elbeik. The trip was supposed to take around 11 days, then the cattle were to be sold, mostly to halal slaughterhouses, where they’d be killed with minimal suffering, as...
by AIP Online Bureau | Jul 8, 2021 | Indian News, Life, Policy
New Delhi, 08 July: On the pattern of public sector banking industry, the Life Insurance Corporation of India (LIC) will now have the post of Chief Executive Officer and Managing Director instead of the Chairman position, with the government making changes to...
by AIP Online Bureau | Jul 8, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy
Even as the US giant drug maker Moderna's COVID-19 messenger RNA (mRNA) vaccine is expected to reach India this week, discussions are still going on over indemnity waiver, informed sources. Earlier on June 29, Indian drug regulators granted permission to Cipla to...
by AIP Online Bureau | Jul 7, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
JAKARTA: Indonesian pulmonologist Erlina Burhan is exasperated after another long shift in a jam-packed hospital missing 200 staff infected by the coronavirus despite being vaccinated just months ago. "It's crazy, really crazy," she tells Reuters....
