International News

Russian hospital says it began civilian coronavirus vaccinations last week

Eco/Invest/Demography, Health, Non-Life, Pandemic       Nov 30, 2020

  Moscow: Russia has delivered the first known batch of Sputnik V vaccines for civilian use to a hospital just south of Moscow, which said on Monday it began vaccinating the local population last week. Russia, which is rushing to keep up with Western drugmakers in...

Swiss Re to set up new fund for institutional and designated investors to access Nat Cat biz

Zurich: Swiss Re, through its subsidiary Swiss Re Insurance-Linked Investment Management Ltd has received authorisation from the Swiss Financial Market Supervisory Authority (FINMA) for an asset management licence for funds. With this approval, the company will manage a standalone fund company, 1863 Fund Ltd which...

Moderna to ask US, European regulators to OK its vaccine for emergency use

Eco/Invest/Demography, Non-Life, Pandemic       Nov 30, 2020

Moderna Inc. said it would ask U.S. and European regulators Monday to allow emergency use of its COVID-19 vaccine as new study results confirm the shots offer strong protection — ramping up the race to begin limited vaccinations as the coronavirus rampage worsens. Multiple vaccine...

Aegon to sell its Central and Eastern European business to VIG

Eco/Invest/Demography, Life       Nov 29, 2020

  THE HAGUE, Netherlands: Netherlands based Aegon has agreed to sell its insurance, pension and asset management business in Hungary, Poland, Romania and Turkey for EUR 830 million to Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG). “This transaction will simplify Aegon’s footprint and strengthen our...

AXA to sell its Gulf business to GIG for $269 mn

Eco/Invest/Demography, Non-Life       Nov 29, 2020

  Paris: AXA announced on Monday that it has entered into an agreement with Gulf Insurance Group (“GIG”) to sell its insurance operations in the Gulf region, which includes its shareholding* in AXA Gulf, AXA Cooperative Insurance Company and AXA Green Crescent Insurance Company. GIG, a...

Hacker selling CEO, CFO email accounts for as less as Rs 7,400

  New Delhi, A hacker is selling passwords for the Microsoft email accounts of hundreds of top-level executives including CEOs, CFOs and CMOs on the Dark Web for nearly $100-$1,500 (nearly Rs 7,400-Rs 1.1 lakh) per account. According to a report in ZDNet late on Friday,...

Tokyo 2020 organisers estimate Games postponement cost $1.9 billion - media

Eco/Invest/Demography, Non-Life       Nov 28, 2020

TOKYO: This year’s postponement of the Tokyo Olympics because of the novel coronavirus cost about 200 billion yen ($1.9 billion), organisers have estimated, the Yomiuri newspaper reported on Sunday, citing people involved with the event. The International Olympic Committee and the Japanese government were forced...

UK regulator set to approve COVID-19 vaccine next week - FT

Eco/Invest/Demography, Health, Non-Life, Pandemic       Nov 28, 2020

London: Britain is set to approve the COVID-19 vaccine developed by BioNTech SE and Pfizer Inc next week and deliveries would begin within hours of the authorisation, the Financial Times reported on Saturday. The first immunisations using the BioNTech and Pfizer vaccine could take place...

WHO says would be 'highly speculative' to say COVID did not emerge in China

Eco/Invest/Demography, Health, Non-Life, Pandemic       Nov 27, 2020

GENEVA: The World Health Organization’s top emergency expert said on Friday it would be “highly speculative” for the WHO to say the coronavirus did not emerge in China, where it was first identified in a food market in December last year. China is pushing a...

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