japan olympics News

Toyota to Restart Paralympic Village Driverless Vehicles Following Accident

Toyota Motor said on Monday it would resume operations of its self-driving e-Palette pods at the Tokyo Paralympic Games village with greater operator control and more safety staff to ensure they did not hit any more people. The e-Palettes were …

Olympics Ban on Spectators to Cost Reinsurers Far Less Than Cancellation: Fitch

Japan’s decision to bar spectators from the Tokyo Olympics is likely to cost the global reinsurance sector $300 million to $400 million due to payouts for ticket and hospitality refunds, Fitch Ratings says. However, this is only 10%–15% of the …