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Europe hotting up more than twice global average: WMO
In 2021, high impact weather and climate events led to hundreds of...
China locks down area around world’s largest iPhone factory after Covid spike
Foxconn’s Zhengzhou facility is responsible for 80% of capacity for...
Gallagher launches Pandemic group insurance product for India’s Front-Line Workforce
“Insurance products generally exclude pandemics, epidemics and infectious disease management in a commercial environment. As such, a COVID-19 specific solution for the India market presents a practical solution for the business community and our clients, and we are delighted to be able to reach this point,” Wade concluded.
World leaders pledge $8 billion to fight COVID-19 but U.S. steers clear
British Prime Minister Boris Johnson, who has recovered from a life-threatening battle with COVID-19, said the search for a vaccine was “the most urgent shared endeavour of our lifetime”, calling for “an impregnable shield around all our people”.
Trump administration pushing to rip global supply chains from China: officials
“We’ve been working on [reducing the reliance of our supply chains in China] over the last few years but we are now turbo-charging that initiative,” Keith Krach, undersecretary for Economic Growth, Energy and the Environment at the U.S. State Department told Reuters.
The pandemic has highlighted China’s key role in the supply chain for generic drugs here that account for the majority of prescriptions in the United States. It has also shown China’s dominance in goods like here the thermal cameras needed to test workers for fevers, and its importance in food supplies.
Global coronavirus cases surpass 3.5 million amid underreporting fears
Globally, there were 74,779 new cases over the past 24 hours, according to the Reuters tally that is based on official government data, taking total cases to around 3.52 million.
“We could easily have a second or a third wave because a lot of places aren’t immune,” Collignon said, noting the world was well short of herd immunity, which requires around 60% of the population to have recovered from the disease.Peter Collignon, an infectious diseases physician and microbiologist at Canberra Hospital, told Reuters
COVID-19 general insurance losses seen higher than 9/11 claims: Willis Towers Watson
Willis also said it has modeled an extreme pandemic scenario, which could result in $140 billion of losses
U.S. airlines now requiring masks, promise more safety measures
The industry, through lobby Airlines for America, has also begun discussions with policymakers in Washington on measures such as virus testing and pre-boarding temperature checks, United Chief Communications Officer Josh Earnest said.
Covid-19 Pandemic:IASB proposes deferring IAS 1 amendments’ effective date implementation
The Board is not proposing any changes to the original amendments other than the deferral of the effective date.
General insurers receive 900 Covid-19 claims for Rs 18 cr
The general insurance companies have received 900 claims for over Rs 17 crore for Covid-19 treatment till Monday,according the General Insurance Council, the official representative body of the domestic general insurers.
Maharashtra at around 450 claims for about Rs 8 crore have remained at the top of the claim chart. The city of Mumbai itself has generated around 350 claims for around Rs 4 crore.
UK doctor alerts Indians to poor diet link with COVID-19 deaths
A recent report in the ‘Nature’ science journal revealed that patients with Type 2 diabetes and metabolic syndrome might have up to 10 times greater risk of death when they contract COVID-19 and called for mandatory glucose and metabolic control of Type 2 diabetes patients to improve outcomes.
All domestic, international flight operations suspended till 17 May
A DGCA circular further stated, “However, it is reiterated that foreign and domestic airlines shall be suitably informed about the opening of their operations whether international to/from India or domestic respectively in due course.”