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‘Hands free’: Automakers race to next level of not quite self-driving cars

by AIP Online Bureau | Jul 15, 2020 | Eco/Invest/Demography, Facts, Non-Life, Technology

DETROIT:  Autopilot, ProPilot, CoPilot: Automakers have many names for new systems that allow for hands-free driving, but no safety or performance standards to follow as they roll out the most significant changes to vehicle technology in a generation.Spurred by...

Tokyo Olympics at risk if coronavirus mutates, gets stronger:Japan adviser

by AIP Online Bureau | Jul 15, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic

TOKYO: The Tokyo Olympics may have to be postponed again if the novel coronavirus mutates into a stronger pathogen, Kiyoshi Kurokawa, a prominent Japanese government adviser, said on Wednesday.However, a recent spike in cases in Tokyo is due to a failure to stick to...

Single-day spike of 29,429 COVID-19 cases in India

by AIP Online Bureau | Jul 15, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi: India registered a record single-day jump of 29,429 COVID-19 cases pushing its tally to 9,36,181 on Wednesday, while the death toll climbed to 24,309 with 582 new fatalities, according to the Union Health Ministry data. The number of recoveries stands at...

Afghanistan faces ‘catastrophe’ as COVID-19 cases grow: Red Crescent

by AIP Online Bureau | Jul 15, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic

KABUL: Afghanistan faces “catastrophe” as growing COVID-19 cases stretch a health infrastructure already severely weakened by decades of war, the Afghan Red Crescent Society said on Tuesday. Some 34,740 coronavirus cases and 1,062 deaths from the...

Moderna Phase 1 results show coronavirus vaccine safe,induces immune response

by AIP Online Bureau | Jul 15, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  CHICAGO: Moderna Inc’s experimental vaccine for COVID-19 showed it was safe and provoked immune responses in all 45 healthy volunteers in an ongoing early-stage study, U.S. researchers reported on Tuesday.Volunteers who got two doses of the vaccine had...

Russia requires firms to develop financial/insurance contingency plans for oil spills

by AIP Online Bureau | Jul 15, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Regulation, Risk Management

Moscow: President Vladimir Putin on Monday signed legislation requiring companies involved in oil production or handling other hydrocarbons to have adequate resources for a contingency plan in the case of a spill. The law makes it mandatory for companies to have...

UK Plans to spend $6.6 billion on building flood defenses through 2027

by AIP Online Bureau | Jul 15, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Risk Management

  London: Prime Minister Boris Johnson proposed 5.2 billion pounds ($6.6 billion) of spending on flood defenses through 2027 as his government seeks to protect hundreds of thousands of British homes. Under the plan, billed as “the most comprehensive in a...

A second wave could eat into insurers’ capital:S&P

by AIP Online Bureau | Jul 15, 2020 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Pandemic

  Global insurers have proven resilient during the first wave of the COVID-19 pandemic, as their capital strength has helped stave off widespread downgrades; however, insurers’ capital buffers will erode through the second half of the year as financial...

UK Supreme Court to consider landmark Equal-Pay case against Walmart’s Asda

by AIP Online Bureau | Jul 15, 2020 | Eco/Invest/Demography, Facts, Workplace/Employee Benefits

  A long-awaited equal pay lawsuit at the U.K. Supreme Court could see thousands of mostly female workers obtain better wages from the largest supermarkets and end up costing the chains as much as 8 billion pounds ($10.1 billion). The Supreme Court on Monday will...

South African regulator cautions insurers over rejection of virus claims

by AIP Online Bureau | Jul 15, 2020 | Eco/Invest/Demography, Health, International News

 A South African regulator warned insurers to stop broadly rejecting claims from businesses seeking to cover losses because of a lockdown to curb the coronavirus. “The Financial Sector Conduct Authority is concerned about the behavior of some insurers who...
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