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Japan will take steps to guard against Olympics cyberattacks

by AIP Online Bureau | Oct 20, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management

  Tokyo: Japan said on Tuesday it would take countermeasures to ensure next year’s Tokyo Olympics are not derailed by cyber attacks after Britain and the United States accused Russia of orchestrating efforts to disrupt the Games. Olympics organizers...

Insurance startup Root eyes $6.3 bln valuation in market debut

by AIP Online Bureau | Oct 20, 2020 | Eco/Invest/Demography, International News, Non-Life

  Automobile insurance startup Root Inc said on Tuesday it plans to raise as much as $604.1 million in its initial public offering on the Nasdaq, the latest in a line of insurers looking to tap the current boom in U.S. capital markets The firm, which provides...

Wizz Air CEO expects smaller airline industry after pandemic

by AIP Online Bureau | Oct 20, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

LONDON: The world will have a smaller airline industry as a result of the coronavirus crisis with many privately funded carriers set to go under and governments throwing "good money after bad" to keep national champions afloat, Wizz Air's CEO WIZZ.L...

U.S. says Google breakup may be needed to end violations of antitrust law

by AIP Online Bureau | Oct 20, 2020 | Eco/Invest/Demography, International News, Risk Management, Technology

WASHINGTON: The U.S. sued Google on Tuesday, accusing the $1 trillion company of illegally using its market muscle to hobble rivals in the biggest challenge to the power and influence of Big Tech in decades.The Justice Department lawsuit could lead to the break-up of...

Berkshire Hathaway to pay $4.14 million to settle Iran sanctions violations claims

by AIP Online Bureau | Oct 20, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

  WASHINGTON: Warren Buffett’s Berkshire Hathaway Inc agreed to pay $4.14 million to settle civil allegations that a Turkish subsidiary committed “egregious” violations of U.S. sanctions against Iran, the U.S. Treasury Department said on...

Microsoft, Elon Musk’s SpaceX tie up to woo space customers

by AIP Online Bureau | Oct 20, 2020 | Eco/Invest/Demography, International News, Technology

Microsoft Corp is partnering with billionaire entrepreneur Elon Musk-led SpaceX and others as it targets space customers, the software giant said on Tuesday. The partnership with SpaceX Starlink will provide high-speed satellite broadband for Microsoft's cloud...

Lockdown has ended, but virus still there; All must be cautious during festivities: PM

by AIP Online Bureau | Oct 20, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic, Risk Management

New Delhi: Prime Minister Narendra Modi on Tuesday said the government was working rapidly to ensure the supply of COVID-19 vaccines to all citizens once they are available. “Whenever the corona vaccine comes, how it reaches to every Indian as soon as possible,...

Riding without helmet will now lead to 3-month suspension of driving license: Karnataka Govt

by AIP Online Bureau | Oct 20, 2020 | Eco/Invest/Demography, Facts, Non-Life

  Bengaluru Karnataka's Transport Department has made helmets mandatory for all people riding on the two-wheelers and imposed a three-month suspension of driving license for non-compliance. "As per new directives, helmets are mandatory for all...

London must ‘seize the moment’ to maintain global leadership amid COVID-19 pandemic:Report

by AIP Online Bureau | Oct 20, 2020 | Eco/Invest/Demography, International News, Pandemic, Policy, Regulation, Risk Management

  London: London must reinvent itself in order to emerge stronger following the COVID-19 pandemic and maintain its position as a world-leading business hub, according to a new report published today by the City of London Corporation. “London Recharged: Our...

India records 46,790 new COVID-19 cases

by AIP Online Bureau | Oct 20, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic

New Delhi: The number of new coronavirus infections reported daily in India dropped below 50,000 nearly after three months, taking India's COVID-19 caseload to 75,97,063, according to the Union Health Ministry data updated on Tuesday. A total of 46,790 fresh...
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