Tag: Risk

China’s economy likely to have slowed in Q3, Beijing’s 2024 target at risk

By Reuters Published October 18, 2024 China’s economy is expected to have slowed in the third quarter, dragged by a prolonged property downturn and weak consumption, maintaining pressure on policymakers as they consider more stimulus steps to revitalise growth. Data released on Friday is forecast to show the world’s second-largest economy grew 4.5% year-on-year in [...]read moreChina’s economy likely to have slowed in Q3, Beijing’s 2024 target at risk

14 Cities With the Highest Risk of Storm Damage This Hurricane Season—How Can You Protect Your Property?

In This Article   Key Takeaways More than 32.7 million homes from Texas to Maine are at risk of hurricane damage this year. New York City could see as much as $2.3 trillion in property damage. Houston is the most at risk southern city. Maiclaire Bolton-Smith, vice president of hazard and risk management at CoreLogic, [...]read more14 Cities With the Highest Risk of Storm Damage This Hurricane Season—How Can You Protect Your Property?

Golden Goose can’t risk a shabby $3 billion IPO

By Bloomberg Published May 31, 2024 Golden Goose Group SpA is seeking to list in Milan in an initial public offering that could value the maker of $500 distressed sneakers at about €3 billion ($3.2 billion) including net debt. Canada Goose The company, the vast majority of which was bought by private equity group Permira [...]read moreGolden Goose can’t risk a shabby $3 billion IPO

What the new home sales report shows about labor market risk

When single-family permit demand collapsed in 2022, we still had a healthy backlog of homes that needed to be finished. While that was happening, we also had 5-unit permits expand as well. Well, that isn’t the case anymore, as 5-unit permits are already at COVID-19 recession lows and now we have seen some softness in [...]read moreWhat the new home sales report shows about labor market risk

Studio Retail jobs at risk across various Lancashire sites

An operational shake-up at fashion and general merchandise e-tailer Studio Retail is expected to put around 164 warehouse staff and a further 100 office staff at risk of redundancy, according to retail trade union USDAW. Studio Retail The once-heavily indebted Lancashire-based business, which was bought out of administration two years ago by Frasers Group for [...]read moreStudio Retail jobs at risk across various Lancashire sites

India’s central bank cracks down on Kotak Mahindra Bank over IT, risk management lapses

India’s central bank on Wednesday ordered Kotak Mahindra Bank to immediately cease onboarding new customers through its online and mobile banking channels, and to stop issuing fresh credit cards, citing serious deficiencies in the bank’s IT systems and risk management practices. Kotak Mahindra Bank is one of the largest private banks in India. It’s also [...]read moreIndia’s central bank cracks down on Kotak Mahindra Bank over IT, risk management lapses

Bill Maher Says Nickelodeon, Disney, Gender Ed Puts Kids at Risk

Play video content HBO Bill Maher has no kids, but he was all about them Friday night as he RAILED on Hollywood and others for putting them at risk. The ‘Real Time’ host began with ‘Quiet on the Set,’ lambasting Nickelodeon for putting child actors in highly-charged, sexual skits.   He then pivoted to Disney, [...]read moreBill Maher Says Nickelodeon, Disney, Gender Ed Puts Kids at Risk

ByteDance gets 24 hours to show EU a DSA risk assessment for TikTok Lite

TikTok owner ByteDance is facing fresh questions about its compliance with the European Union’s Digital Services Act (DSA), an online governance and content moderation framework that puts a legal obligation on larger platforms to mitigate systemic risks in areas like youth mental health. The EU’s latest concerns about TikTok’s DSA compliance center on the launch [...]read moreByteDance gets 24 hours to show EU a DSA risk assessment for TikTok Lite

MRT Taman Mutiara station reopens after fire risk

The MRT Taman Mutiara station reopened at 6am this morning and is operating normally after it was closed yesterday evening due to a fire risk. MRT services are available as usual – with peak time frequency of five minutes or 10 minutes outside of peak hours – but the screens showing train arrival info aren’t [...]read moreMRT Taman Mutiara station reopens after fire risk

Meta broadens its policies to label more deepfakes and add context to ‘high risk’ manipulated media

Meta has announced changes to its rules on AI-generated content and manipulated media, following criticism from its Oversight Board. Starting next month it said it will label a wider range of such content, including by applying a “Made with AI” badge to deepfakes (aka synthetic media). Additional contextual information may be shown when content has [...]read moreMeta broadens its policies to label more deepfakes and add context to ‘high risk’ manipulated media