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Italy to protect businesses from liability if workers catch Covid-19

by AIP Online Bureau | May 18, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Workplace/Employee Benefits

  Italian businesses that follow the health and safety rules are protected from liability in case returning workers catch coronavirus, the head of the country’s insurance association said in an interview with La Stampa.   While infections are...

China urges local firms to list in London with China Pacific Insurance leading the Pack

by AIP Online Bureau | May 18, 2020 | Eco/Invest/Demography, International News, Life

China is urging domestic companies to look at listing in London, several sources told Reuters, as the country aims to revive deals under a Stock Connect scheme and strengthen overseas ties in the wake of the coronavirus crisis.   The Shanghai-London Stock Connect...

India took all needed steps well in time to combat COVID-19: Harsh Vardhan even as tally tops 1 lakh

by AIP Online Bureau | May 18, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  NEW DELHI: India took all the necessary steps well in time to combat the COVID-19 pandemic, Union Health minister Harsh Vardhan said on Monday, asserting that the country has done well in dealing with the disease and is confident of doing better in the months...

Indian Economy to Contract by 5% in FY21, Reform Measures to Help Medium-term Growth: Goldman Sachs

by AIP Online Bureau | May 18, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: American brokerage Goldman Sachs expects the Indian economy to contract by 5 per cent in FY21, making it the worst performance by the country ever.   The brokerage said the GDP will contract by a mind-boggling 45 per cent in the June quarter as...

New Zealand to roll out ‘digital diary’ app to help people track movements

by AIP Online Bureau | May 18, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Risk Management, Technology

SYDNEY: New Zealand will launch a contact-tracing app on Wednesday to help people track their movements as the country eases one of the world’s most rigid lockdowns designed to slow the spread of COVID-19. Prime Minister Jacinda Ardern said the app can be best...

Over 2 million UK self-employed claim COVID grants – Sunak

by AIP Online Bureau | May 18, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

LONDON: British finance minister Rishi Sunak said more than 2 million claims for one-off grants, worth 6 billion pounds ($7.3 billion), had been made under a scheme to provide income support for self-employed people during the coronavirus crisis.   “Those...

IMF chief warns full global economic recovery unlikely in 2021

by AIP Online Bureau | May 18, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

    WASHINGTON:  The global economy will take much longer to recover fully from the shock caused by the new coronavirus than initially expected, the head of the International Monetary Fund said, and she stressed the danger of protectionism.  ...

WHO oversight body backs pandemic review, suggests reforms

by AIP Online Bureau | May 18, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  GENEVA: The oversight body of the World Health Organization said on Monday that WHO had “demonstrated leadership” in handling the pandemic and that its performance should be reviewed, but “not during the heat of the response” which could...

Outbreak at Chinese-owned factory shows challenges of easing India’s lockdown

by AIP Online Bureau | May 18, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Risk Management

  NEW DELHI: Chinese smartphone maker OPPO suspended operations at a recently re-opened plant in India after workers tested positive for the coronavirus, an official said on Monday, underlining the challenges of easing a near two-month nationwide lockdown.  ...

Moderna’s COVID-19 vaccine shows promise in early study, shares soar

by AIP Online Bureau | May 18, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

  Moderna Inc said on Monday its experimental COVID-19 vaccine showed promise in a small early-stage trial, with the vaccine producing virus-neutralizing antibodies similar to that found in recovered patients, sending shares soaring 25%.   The...
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