International News

Japan to declare coronavirus emergency, launch stimulus of almost $1 trillion - PM

:  TOKYO: Japan is to impose a state of emergency in Tokyo and six other prefectures as early as Tuesday to contain the coronavirus, while the government prepares a $990 billion stimulus package to soften the economic blow.   Domestic infections topped 4,000, Jiji news reported,...

Markel International appoints 2 marine underwriters in Asian markets

Non-Life, Reinsurance       Apr 06, 2020

  Singapore: Markel International, the specialist insurer, has recently appointed two marine underwriters, Nitin Marathe and Danielle Yu, for the India and Hong Kong office respectively.   Nitin joined Markel India on 24 February, 2020, bringing with him more than 20 years of experience in aviation and...

U.S. braces for 'hardest, saddest' week as coronavirus deaths surpass 9,300

  New York: The United States enters one of the most critical weeks so far in the coronavirus crisis with the death toll exploding in New York, Michigan and Louisiana and some governors calling for a national stay-at-home order.   New York, the hardest-hit state, reported on...

Caronavirus Pandemic:Trump wants India to release US order of hydroxychloroquine

Washington: US President Donald Trump has said that he has requested Prime Minister Narendra Modi to release the amount of Hydroxychloroquine ordered by the United States, a medicine in short supply that could help with facing the Covid-19 pandemic.   Trump said he called Modi on...

Britain unlikely to lift coronavirus lockdown until end of May: Govt expert

  Lonon: Britain is unlikely to lift its stringent lockdown rules until the end of May, a leading government adviser said on Saturday, warning that the spread of the coronavirus must first slow and intense testing be introduced.   The government has put Britain into a widespread...

Mainland China sees rise in new coronavirus cases

  BEIJING: Mainland China reported 30 new coronavirus cases on Saturday, up from 19 a day earlier as the number of cases involving travellers from abroad as well as local transmissions increased, highlighting the difficulty in stamping out the outbreak.   The National Health Commission said in...

Business activity collapses across Europe as coronavirus lockdowns spread

Disaster & Management, Health       Apr 04, 2020

LONDON: Business activity has cratered across Europe as attempts to contain the coronavirus pandemic push governments to shut down vast swathes of their economies, from shops to factories to restaurants, surveys showed on Friday.   The pandemic has infected more than a million people worldwide, paralysing...

WHO, IMF say saving lives 'prerequisite' to save jobs

  The WHO and IMF chiefs insisted Friday that saving lives was a "prerequisite" to saving livelihoods in the coronavirus pandemic a crisis they called "one of humanity's darkest hours". World Health Organization director-general Tedros Adhanom Ghebreyesus and International Monetary Fund managing director Kristalina Georgieva said...

Caronavirus Pandemic:``Wimbledon''cancellation trigger £100 million insurance claims

  London: The All England Club, the organiser of the world famous ``Wimbledon'' is preparing to submit an insurance claim 'in excess of £100million' following the the cancellation of the tournament this week due to the scale of the coronavirus pandemic, according to UK's Mailonline.   The...