Category: General

PARIS and LONDON and NEW YORK, Akur8, the machine learning-powered insurance pricing and reserving platform, announced today that it has secured $120 million in series C funding, bringing its total raised investment to $180 million. This latest funding round was led by One Peak, a leading growth equity firm investing in software scale-ups, with participation from Partners Group, one of the largest firms in the global private markets industry acting on behalf of its clients, and historical investor Guidewire Software, Inc. (NYSE:GWRE). The new funding will significantly bolster Akur8’s ability to expand its product portfolio and fuel its growth in

The local government here issued a warning to illegal settlers in watershed areas to voluntarily dismantle their structures or face enforcement actions. ‘I strongly advise you to self-demolish to avoid further complications. The government must act to protect our vital natural resources,’ Mayor Sebastian Duterte said in a statement posted Monday. Duterte stressed the importance of safeguarding the city’s water supply, noting that water is a shared resource that must not be compromised by unauthorized construction. ‘We cannot negotiate over this matter. When you built your structures, you only thought of yourselves, neglecting the well-being of Dabawenyos. It was a

Tama Zoological Park in western Tokyo has announced the birth of an endangered Indian rhinoceros, marking the first such birth at the facility in half a century. The one-horned rhinoceros, born in early September, is reported to be healthy along with its mother. “This is the first time in 50 years that the zoo has bred an Indian rhinoceros since Rhino Taro was born in December 1973,’ the zoo said in a written statement. “Both mother and baby are healthy and calm,” it added, noting the pair will be kept indoors and away from public view for the time being.

KUALA LUMPUR, The Royal Malaysian Police (PDRM) has no plans to ban the ‘We Are RXZ program’, instead, it wants órganisers to comply with existing procedures set by the relevant authorities. Bukit Aman Traffic Investigation and Enforcement Department (JSPT) director Datuk Seri Mohd Yusri Hassan Basri said this includes procedures issued by the local authority (PBT), state government and police at the state level. “Before the organising of an event is allowed, it involves many parties, including the PBT responsible for issuing licences in addition to permission from PDRM. JSPT will focus on traffic control and safety based on the

KUALA LUMPUR, The ringgit has appreciated by 7.86 per cent year-to-date, reaching another 20-month high against the US dollar as the markets approach the United States Federal Open Market Committee (FOMC) meeting. At 6 pm, the local note rose to 4.2535/2645 versus the greenback from last Friday’s close of 4.2975/3050. Markets were closed on Monday, Sept 16, 2024, in observance of Prophet Muhammad’s birthday and the Malaysia Day public holiday. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid the fall in the US dollar Index (DXY) to around 100 points might imply that the US Federal Reserve