by AIP Online Bureau | Jul 16, 2020 | Eco/Invest/Demography, Facts, Non-Life, Pandemic
BANGKOK: The COVID-19 pandemic is accelerating the remaking of Thailand’s automotive industry, the backbone of Southeast Asia’s auto sector, as factory shutdowns compound a shift toward electric vehicles. Thailand’s auto-related businesses, which...
by AIP Online Bureau | Jul 16, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management
The West African coast has overtaken Southeast Asia as the worst area for piracy and kidnappings reported at sea last year, with the number of seafarers seized rising by more than 50%, according to a study. The area, known as the Gulf of Guinea, also recorded...
by AIP Online Bureau | Jul 16, 2020 | Eco/Invest/Demography, Facts
Skin-whitening creams identified as containing potentially dangerous levels of mercury continue to be sold online more than seven months after a watchdog group raised the alarm, including on platforms run by eBay, Amazon.com and Alibaba, a Reuters review of the...
by AIP Online Bureau | Jul 16, 2020 | International News, Reinsurance
Zurich: Swiss Re has successfully closed a second private sidecar transaction with the Dutch pension fund manager PGGM. The transaction increases PGGM’s overall investment in Swiss Re’s sidecar vehicle, Viaduct Re Ltd., to over USD...
by AIP Online Bureau | Jul 16, 2020 | Indian News, Non-Life
New Delhi: Moody's Investors Service said on July 16 that the Rs 12,450-crore capital injection in three state-run insurance companies is 'credit positive' as their capital had been significantly depleted over the last few years. Last week, the...
by AIP Online Bureau | Jul 16, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life
New Delhi: India has established individual bilateral bubbles with France and the US that will allow airlines of each country in the pact to operate international flights, Civil Aviation Minister Hardeep Singh Puri on Thursday said, adding that similar arrangement...
by AIP Online Bureau | Jul 16, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic
ZURICH: Novartis’s Sandoz division will not profit from 15 generic drugs it is making available to developing countries to treat symptoms of COVID-19 for the pandemic’s duration, the Swiss drugmaker said on Thursday.Novartis’s pledge to...
by AIP Online Bureau | Jul 16, 2020 | Eco/Invest/Demography, Indian News, Non-Life
GUWAHATI: India (Reuters) – Monsoon floods have swamped large parts of India’s densely populated eastern states, forcing more than a million people into makeshift shelters despite the risk of coronavirus, senior officials said on Thursday.Torrential...
by AIP Online Bureau | Jul 16, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic
MOSCOW: Russia plans to produce 30 million doses of an experimental COVID-19 vaccine domestically this year, with the potential to manufacture a further 170 million abroad, the head of the country’s sovereign wealth fund told Reuters.The first human trial...
by AIP Online Bureau | Jul 16, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic
LONDON/OTTAWA: Hackers backed by the Russian state are trying to steal COVID-19 vaccine and treatment research from academic and pharmaceutical institutions around the world, Britain’s National Cyber Security Centre (NCSC) said on Thursday. A co-ordinated...