by AIP Online Bureau | Aug 25, 2020 | Eco/Invest/Demography, Facts
London: The use of antibiotics in people with COVID-19 could lead to raised levels of the drugs within rivers or coastal waters which may in turn result in an increase in antimicrobial resistance, according to a UK study. Patients hospitalised due to the novel...
by AIP Online Bureau | Aug 25, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: Minors aged between 5 and 17 are most exposed to the novel coronavirus in Delhi, according to a serological survey conducted in the city this month. Conducted between August 1 and August 7, the survey, second in the city, showed that 29.1 percent of...
by AIP Online Bureau | Aug 24, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Baupost Group, the hedge fund run by Seth Klarman, received more than $3 billion in July from its bet on insurance claims against PG&E Corp. connected to a series of deadly California wildfires, according to people with knowledge of the matter. The payout...
by AIP Online Bureau | Aug 24, 2020 | Eco/Invest/Demography, International News, Pandemic
LONDON: The coronavirus crisis will see the world’s biggest firms slash dividend payouts between 17%-23% this year or what could be as much as $400 billion, a new report has shown, although sectors such as tech are fighting the trend. Global dividend...
by AIP Online Bureau | Aug 24, 2020 | Eco/Invest/Demography, International News, Policy, Regulation
China’s banking regulator pledged its backing for Hong Kong as a finance hub and reiterated a commitment to opening up the Chinese financial sector amid a deepening standoff with the U.S. China will provide support for its financial institutions doing...
by AIP Online Bureau | Aug 24, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: With 60,975 people testing positive for coronavirus infection in a day, India's COVID-19 tally rose to 31,67,323, while recoveries surged to 24,04,585 pushing the recovery rate over 75.92 per cent, according to the Union Health Ministry data. The...
by AIP Online Bureau | Aug 24, 2020 | Eco/Invest/Demography, Indian News
MUMBAI: Rescue workers pulled more than 60 people alive from the rubble of a collapsed building in an industrial town near India’s financial capital Mumbai, a senior official said on Tuesday, as rescue efforts continued. The five storey building near a slum...
by AIP Online Bureau | Aug 24, 2020 | Indian News, Life, Pension & Social Security
Mumbai: State owned Life Insurance Corporation (LIC) has introduced its new LIC’s Jeevan Akshay. a single premium, non-linked, non-participating, individual immediate annuity plan with effect from 25th August, The policyholders have an option to...
by AIP Online Bureau | Aug 24, 2020 | Indian News, Life
Mumbai: Axis Bank said on Monday it has reduced the size of the stake that it plans to buy in Max Life Insurance to 17% from 29%. Axis Bank, which already holds a minority stake in Max Life, will own an 18% interest in the insurer after the deal, the...
by AIP Online Bureau | Aug 24, 2020 | Eco/Invest/Demography, International News, Technology
CALIFORNIA : SugarCRM Inc,the innovator of time-aware customer experience (CX), today announced the acquisition of Node Inc, an artificial intelligence (AI) platform that leverages CRM data and vast external sources to deliver an unparalleled level of...