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Global life insurers impose restrictions, worried about long-term pandemic risks By Reuters

By Suzanne Barlyn, Carolyn Cohn and Noor Zainab Hussain (Reuters) - Global life insurers are taking steps to curb payouts stemming from the coronavirus pandemic, including long-term health consequences that are not fully understood, industry sources told Reuters. Life insurers, including Prudential Financial Inc (NYSE:PRU), and Aviva (LON:AV) PLC, are now imposing waiting periods before COVID-19 patients, including...

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UK reviewing pandemic welfare support, minister says By Reuters

LONDON (Reuters) - The British government is reviewing the level of ongoing support it gives to those relying on welfare during the pandemic, the work and pensions minister said on Monday, when asked whether a boost to Universal Credit would be extended. "In terms of ongoing support I said at the end of last year that we would be reviewing...

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Recruiter SThree’s profit beats estimates; resumes dividend By Reuters

(Reuters) - Recruiter SThree Plc said on Monday its annual profit nearly halved, but the company still managed to beat market expectations and resumed dividend as a recovery in the United States offset a hit from the COVID-19 pandemic. UK-based SThree, which hires employees for finance, energy, banking, pharmaceutical, engineering and tech sector, also said its chief financial officer, Alex Smith, would...

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Goldman Team Sees ‘Unsustainable Excess’ in Parts of U.S. Market By Bloomberg

(Bloomberg) -- Corners of the U.S. equity universe are showing signs of froth, but that shouldn’t put the broader market at risk, according to Goldman Sachs Group Inc (NYSE:GS). Very high-growth, high-multiple stocks “appear frothy” and the boom in special-purpose acquisition companies is one of a number of “signs of unsustainable excess” in the U.S. stock market, strategists including...

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From factory to faraway village: behind India’s mammoth vaccination drive By Reuters

By Devjyot Ghoshal and Jatindra Dash KORAPUT, India (Reuters) - Reena Jani rose early, finished her chores in the crisp January cold and walked uphill to the road skirting her remote tribal hamlet of Pendajam in eastern India. Riding pillion on a neighbour's motorcycle for 40 minutes through hillsides dotted with paddy fields,...

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Asian shares rise as U.S. stimulus plans offset virus woes By Reuters

By Swati Pandey SYDNEY (Reuters) - Asian shares rose on Monday as concerns over rising COVID-19 cases and delays in vaccine supplies were eclipsed by expectations of a $1.9 trillion fiscal stimulus plan to help revive the U.S. economy. Global equity markets have scaled record highs in recent days on bets COVID vaccines will start to reduce the inflection rates worldwide and...

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