by AIP Online Bureau | Jul 29, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management
South Korea said it is investigating suspected safety issues with vehicles made by U.S. automaker Tesla Inc, which is competing strongly with Hyundai Motor Co in the South Korean electric vehicle market. Braking and steering systems including the Autopilot...
by AIP Online Bureau | Jul 29, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic
Washington: US biotechnology company Moderna's experimental vaccine to prevent COVID-19 induced robust immune response and rapidly controlled the novel coronavirus in the upper and lower airways of monkeys exposed to SARS-CoV-2, according to a study...
by AIP Online Bureau | Jul 29, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
ClimaCell Inc.,a Boston-based startup that aims to create hyper-accurate weather reports, has raised $23 million from investors. The fund raising comes as the company reorients its business model away from serving pandemic-stricken airlines and restaurants, and...
by AIP Online Bureau | Jul 29, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: The total number of recoveries from COVID-19 is fast approaching the 10-lakh mark, while the case fatality rate has been falling progressively due to coordinated implementation of the 'test track treat' strategy by the Centre, states and...
by AIP Online Bureau | Jul 29, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic
WASHINGTON: The World Bank Group’s private-sector arm said on Wednesday it is launching a $4 billion financing platform aimed at boosting the production and supply of critical health care products in developing countries to help fight the coronavirus...
by AIP Online Bureau | Jul 29, 2020 | Eco/Invest/Demography, Indian News, Life
New Delhi: After evaluating bids from almost a dozen of players,the government has finalised Edelweiss Financial Services Ltd and Deloitte as the two pre-initial public offer (IPO) transaction advisors for the mega IPO of the life insurance behemoth Life...
by AIP Online Bureau | Jul 29, 2020 | Eco/Invest/Demography, International News
Seattle: Boeing Co slashed production on its widebody programs, delayed the arrival of its newest jet, and confirmed the demise of its iconic 747, as it reported a bigger-than-expected quarterly loss on Wednesday amid fallout from the COVID-19 pandemic. Boeing...
by AIP Online Bureau | Jul 29, 2020 | Eco/Invest/Demography, Indian News
New Delhi: The Ministry of Home Affairs (MHA) today issued new guidelines for allowing more activities in areas outside containment zones,as a part of Unlock 3.0, which will come into effect from August. The process of phased re-opening of activities has been...
by AIP Online Bureau | Jul 29, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
MUMBAI: More than half the people living in Mumbai’s sprawling slums are probably infected with the novel coronavirus, which suggests the metropolis could be heading toward herd immunity, a government official and a health expert said on Wednesday, citing...
by AIP Online Bureau | Jul 29, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Policy, Regulation, Reinsurance, Risk Management
South African insurers are bowing to demands for the payment of losses that businesses suffered during the nation’s lockdown. Momentum Metropolitan Holdings Ltd.’s Guardrisk will make settlement payments to policyholders who submitted...
