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Allianz’s office deal ’indicates London’s long-term resilience as global financial centre 

by AIP Online Bureau | Dec 23, 2020 | Eco/Invest/Demography, International News

  London: Allianz SE’s real estate unit will take a majority stake in a portfolio of buildings owned by British Land Co. in London’s virus-roiled West End district. The insurance giant has agreed to pay 401 million pounds [$539 million] for a 75%...

Mauritius shipping disaster caused by lack of attention to safety – owner

by AIP Online Bureau | Dec 23, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

TOKYO: Japan’s Nagashiki Shipping said on Friday the grounding of one of its large bulk carriers that caused an ecological disaster in Mauritius was due to a lack of safety awareness and a failure to follow rules as it pledged better training and oversight. The...

Google told its scientists to ‘strike a positive tone’ in AI research: report

by AIP Online Bureau | Dec 23, 2020 | Eco/Invest/Demography, International News, Risk Management, Technology

  Alphabet Inc.’s Google this year moved to tighten control over its scientists’ papers by launching a “sensitive topics” review, and in at least three cases requested authors refrain from casting its technology in a negative light,...

U.S. vaccine rollout’s next challenge: Verifying who is ‘essential’

by AIP Online Bureau | Dec 23, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic

  As U.S. industries push for their workers to receive early access to COVID-19 vaccines, local health departments and pharmacies face the challenge of verifying the identity of essential workers to ensure no one cuts the line. U.S. vaccine rollout's next...

Families of Italian Covid-19 victims seek $122 million from government

by AIP Online Bureau | Dec 23, 2020 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

  ROME: About 500 relatives of people who died of COVID-19 in Italy said on Wednesday they had begun legal action against regional and national authorities, seeking 100 million euros ($122 million) in damages. The civil lawsuit, which the plaintiffs presented to...

UK identifies new South African coronavirus variant tightens lockdown

by AIP Online Bureau | Dec 23, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

 London: Two cases of another new strain of COVID-19 linked to South Africa have been identified in the UK, Health Secretary Matt Hancock revealed here on Wednesday.  Like the UK variant identified earlier, the new variant of the novel coronavirus is also...

FDI growth story to ‘Go Well’ in 2021 too

by AIP Online Bureau | Dec 23, 2020 | Eco/Invest/Demography, Indian News

  New Delhi, Dec 23: The high growth story of Foreign Direct Investments (FDI) into India will "go well" in the new year too as there is a growing interest among overseas investors about the country amid the government's continuing reform measures...

People who are infected should also take vaccine: Bharat Biotech Chairman

by AIP Online Bureau | Dec 23, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi,Dec 23: People who are infected should also take a vaccine,and India is well prepared regarding the logistics for the vaccine distribution,Bharat BiotechChairman & MD Krishna Ella said on Wednesday. He was speaking in a virtual session on 'Sero...

Rules to stop coronavirus variant stoke chaos at Indian airports

by AIP Online Bureau | Dec 23, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  MUMBAI.Dec 23: Passengers flying into India’s biggest airports on Wednesday complained of long waits and confusion as authorities sought to impose rules to try to stop the spread of a new more transmissible variant of the coronavirus.Like many countries,...

Retail credit has experienced an increase in serious delinquencies: Report

by AIP Online Bureau | Dec 23, 2020 | Eco/Invest/Demography, Indian News, Life, Pandemic, Risk Management

  Mumbai,Dec 22: Retail credit has experienced an increase in serious delinquencies, with loans against property and credit cards being the most affected segments, a report by a credit information bureau said on Wednesday. As of August-end, the loans overdue for...
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