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Red Sea, China risks to US economy seem contained, White House says

by AIP Online Bureau | Jan 28, 2024 | Eco/Invest/Demography, International News, Risk Management

Americans have faith in their personal finances while consumer goods are already seeing a slowdown in price increases Washington DC: The Untied States risks some exposure to China’s economic slowdown and shipping disruptions in the Red Sea, but they appear...
Bayer ordered to pay $2.25 billion in latest Roundup trial

Bayer ordered to pay $2.25 billion in latest Roundup trial

by AIP Online Bureau | Jan 28, 2024 | Health, International News, Risk Management

Bayer was ordered on Friday to pay $2.25 billion to a Pennsylvania man who said he developed cancer from exposure to the company’s Roundup weedkiller, the man’s attorneys said. A jury in the Philadelphia Court of Common Pleas found that John...

Italy fines first city for privacy breaches in use of AI

by AIP Online Bureau | Jan 27, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

The authority – one of the EU’s most proactive in assessing AI platform compliance with the bloc’s data privacy regime – last year briefly banned popular chatbot ChatGPT in Italy ROME: Italy’s privacy watchdog has fined the northern city...

FPIs sold equities worth Rs 24,734 crore in January

by AIP Online Bureau | Jan 27, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

The rising bond yields in the US is a matter of concern and this has triggered the recent bout of selling in the cash market. The rally in global stock markets was triggered by the Fed pivot which saw the 10-year bond yield falling from 5% to around 3.8%. Now the...
Oil tanker on fire in Gulf of Aden after missile attack by Houthis

Oil tanker on fire in Gulf of Aden after missile attack by Houthis

by AIP Online Bureau | Jan 27, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management

THe US Central Command said its forces had conducted a strike at 3:45 local time on Saturday “against a Houthi anti-ship missile aimed into the Red Sea and which was prepared to launch”. They “destroyed the missile in self-defence,” CentCom...
US to propose ‘know your customer’ requirements for cloud computing companies

US to propose ‘know your customer’ requirements for cloud computing companies

by AIP Online Bureau | Jan 27, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

U.S. Commerce Secretary Gina Raimondo The proposed “know your customer” regulation is set to be released as soon as next week. Top cloud providers include Amazon.com’s AWS , Alphabet’s Google Cloud and Microsoft’s Azure unit. “We...
Microsoft Teams suffers mega outage, company says fixing

Microsoft Teams suffers mega outage, company says fixing

by AIP Online Bureau | Jan 27, 2024 | International News, Risk Management, Technology

There were reports of Teams users not being able to log into at all, while others saw missing messages, missing attachments, delays and more. New Delhi: Microsoft Teams experienced a mega outage in several parts of the world, and the company saw “significant...
FAA restrictions on Boeing 737 MAX manufacturing expansion cast uncertainty for Indian carriers

FAA restrictions on Boeing 737 MAX manufacturing expansion cast uncertainty for Indian carriers

by AIP Online Bureau | Jan 27, 2024 | Eco/Invest/Demography, Indian News, Risk Management

In a statement, the FAA said: “We will not agree to any request from Boeing for an expansion in production or approve additional production lines for the 737 MAX until we are satisfied that the quality control issues uncovered during this process are...

Aviation sector sees no fast tech solution to GPS interference problem

by AIP Online Bureau | Jan 26, 2024 | International News, Risk Management, Technology

GPS interference “can pose significant challenges to aviation safety,” and requires that airlines increase data-sharing on jamming and spoofing events, European Union Aviation Safety Agency(EASA) and International Air Transport Association (IATA) said in a...
NRT, behavioural therapy lead to 5-fold higher quit rates of smoking, tobacco use: Study

NRT, behavioural therapy lead to 5-fold higher quit rates of smoking, tobacco use: Study

by AIP Online Bureau | Jan 26, 2024 | Data, Eco/Invest/Demography, Health

”Combined NRT and behavioural therapy resulted in nearly 5-fold higher quit rates compared to counselling alone. The clinical trial demonstrated the efficacy of NRT for both smokers and smokeless tobacco users,” said Dr Utkal Mohanty, associate professor,...
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