Going to work may never be the same again: the Great Recession has reshaped the American workplace and work force in ways that will last years, if not longer. The work force is graying as college graduates can’t find jobs, …
Not long after the Samoan earthquake and tsunami struck in the South Pacific, a major earthquake occurred 9500 kms (5900 miles) away off Sumatra in western Indonesia. Latest news bulletins have raised the initial death toll from the disaster to …
U.N. climate talks kicked off Monday in Bangkok with leaders calling for delegates to break the deadlock over a global warming deal and warning failure to act would leave future generations fighting for survival. Negotiations on a new U.N. climate …
If the suicide bombers who targeted two luxury hotels in Jakarta this year hoped their attacks would strike a significant long-term blow against Indonesia’s economy, the reaction of financial markets suggests they were wrong. Economic warfare is at the heart …
A report, published on Swiss Re’s web site from the Economics of Climate Adaptation Working Group, indicates that climate risks could cost nations up to 19 percent of their GDP by 2030, with developing countries most vulnerable. The full report, …
The World Trade Organization’s Doha round to free up trade is nearly complete and world leaders are voicing the political will to reach a deal next year, Australian Trade Minister Simon Crean said on Wednesday. But at a meeting of …
Aon Consulting, the global human capital consulting organization of Aon Corporation, announced that 20-year industry veteran Anand Shankar has joined the firm in the newly created position of Chief Commercial Officer, Asia Pacific. He will lead sales strategy and efforts …
Canada’s Fairfax Financial Holdings Limited has purchased of a 15 percent interest in Alltrust Insurance Company of China for approximately US$66 million, subject to final approval by the Chinese Insurance Regulatory Commission (CIRC). “We are pleased to be partnering with …
The UK’s Chartered Insurance Institute (CII) has concluded that the offshoring of business services faces a difficult future, which it anticipates will have a serious impact on the insurance industry. The CII thinkpiece, “Outsourcing: Continued prosperity despite the global economic …
American International Group, seeking to raise cash to repay around $180 billion in bail-out loans, has agreed to sell its Hong Kong consumer finance and India-based IT services units. China Construction Bank (CCB) Asia, the country’s second-biggest lender will buy …
