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‘Cascade of Calamities’ Plagues Tokyo’s Olympics Ambitions

by AIP Online Bureau | May 26, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  Tokyo: When Japan won the competition to host the 2020 Olympics in the wake of a devastating earthquake and tsunami, then-Prime Minister Shinzo Abe said it would be a “tremendous opportunity for Tokyo and for Japan to shine at the very center of the world...

One crore people affected, three lakh houses damaged due to cyclone: Bengal CM

by AIP Online Bureau | May 26, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News

  Kolkata/Bhubaneswar/Vishakhapatnam Cyclone 'Yaas', packing winds of up to 130-145 kmph, whiplashed the country's eastern coasts on Wednesday, dumping heavy rain, damaging houses and farmlands, and leaving at least four persons dead – three in...

High Court asks Delhi government to publicise Covid-19 helplines in newspapers on daily basis

by AIP Online Bureau | May 26, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: The Delhi High Court Tuesday asked the AAP government to give more publicity to Covid-19 helplines in newspapers on a daily basis so that people know where to go in case of a need. A bench of Justices Vipin Sanghi and Jasmeet Singh said a corner or...

US not fully safe with vaccinations unless coronavirus variants curbed: USAID

by AIP Online Bureau | May 26, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

The United States is not assured of being fully safe from the coronavirus even with its high rate of vaccination unless it extends the global fight to defeat the variants from the scourge, US Agency for International Development (USAID) Covid-19 Task Force member,...

New Zealand hospitals under prolonged IT outage from ransom hack

by AIP Online Bureau | May 26, 2021 | Eco/Invest/Demography, Health, International News, Technology

  Systems are still down a week after a ransomware attack disrupted the IT network of five hospitals in the New Zealand district of Waikato, and concerns remain that private patient information may have been exposed. Patients are being asked to arrive at...

Bank of England to step up drive to encourage new insurers

by AIP Online Bureau | May 26, 2021 | Eco/Invest/Demography, International News, Life, Non-Life, Policy, Regulation

  LONDON: Brexit has given Britain a “unique” opportunity to refashion its globally important insurance sector to attract more new entrants without undermining high regulatory standards, the Bank of England said on Tuesday. Brexit allows Britain to...

Egypt Court rejects appeal to free ship that blocked Suez

by AIP Online Bureau | May 26, 2021 | International News, Non-Life, Reinsurance

  An Egyptian court rejected an appeal by the owner of a giant container ship that blocked the Suez Canal to allow it to leave the country, as a legal dispute over compensation continues. Sunday’s ruling marked the second time Japan’s Shoei Kisen...

Japan’s Biggest Dating App Hack Exposes Two Million Accounts

by AIP Online Bureau | May 26, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology

  A leading Japanese matchmaking app was hacked, likely exposing the personal information of more than 1.7 million account holders, in the latest high-profile online attack. Net Marketing Co., which runs the Omiai dating app, said that it found evidence of...

Bank of England aims for greener corporate bond portfolio

by AIP Online Bureau | May 26, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  London: The Bank of England set out plans on Friday to use its 20 billion pounds ($28.4 billion) of corporate bond holdings to nudge companies to cut greenhouse gas emissions faster, part of a wider government strategy to achieve net-zero emissions. The BoE...

Barclays dragged into insurer ‘War’ over failed M&A deal

by AIP Online Bureau | May 26, 2021 | International News, Non-Life, Reinsurance

  Barclays Plc has been dragged into a bitter feud between two French insurers over its role in a failed hostile takeover bid. SCOR SE is suing Barclays in London for breach of confidence when the bank advised Covéa on its bid to acquire SCOR in 2018....
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