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Tesla’s public robotaxi rides set for tentative June 22 start, CEO Musk says
Commercialising autonomous vehicles (AV) has been challenging with...
Ships warned to avoid Red Sea, log Hormuz voyages after Israel hits Iran
“We have reports that more ship owners are now exercising extra...
China regulator met with foreign investors to alleviate concerns
The meeting comes as Beijing scrambles to shore up investor confidence in the market, which has been hobbled by a deepening property sector crisis and weakening growth in the world’s second-largest economy China’s securities regulator met with representatives from top...
Tesla investors to get $12,000 each from Musk’s SEC deal
The US Securities and Exchange Commission aims to pay the investors the $40 million plus interest that Tesla’s chief executive officer and the company agreed to as civil penalties to settle a lawsuit by the regulator Investors had incurred losses from Elon Musk’s...
US sues SpaceX, alleges hiring discrimination against asylum recipients, refugees
“The lawsuit alleges that, from at least September 2018 to May 2022, SpaceX routinely discouraged asylees and refugees from applying and refused to hire or consider them, because of their citizenship status, in violation of the Immigration and Nationality Act,” the...
Swiss Re ordered to pay former underwriter $1.6M for sexism, unfair dismissal
Ms. Sommer was awarded 1.29 million pounds in a ruling published on Thursday, which the tribunal said was for “injury to feelings, personal injury and aggravated damages” and other financial losses, including the loss of a bonus in 2021 London: A former Swiss Re...
WHO Civil Society Commission launched to accelerate progress in global health
The Commission’s mandate is to strengthen dialogue and foster collaboration with WHO and among one another. It will also provide recommendations to support WHO in this engagement at all levels (global, regional and national) towards the achievement of universal health...
Europe is cracking down on Big Tech. This is what will change when you sign on
People in the 27-nation European Union can alter some of what shows up when they search, scroll and share on the biggest social media platforms like TikTok, Instagram and Facebook and other tech giants like Google and Amazon.That's because Big Tech companies, most...
Highly mutated COVID variant found in new countries but pandemic in ‘a different phase’
It appears that current tests and medications remain effective against BA.2.86, although the variant may be more capable of causing infection in vaccinated people and those who have had COVID previously, the assessment said. There is no evidence yet that it is causing...
Global reinsurers pull back from natural catastrophe cover, says Fitch
Natural catastrophe business has become largely loss-making in recent years as prices have failed to keep pace with increasingly frequent, severe and volatile weather-related losses due to climate change. This has reduced reinsurers’ appetite to provide natural...
Pandemic, inflation push 68 million more in Asia into extreme poverty – ADB
In a new report released on Thursday, the ADB said an estimated 155.2 million people in developing Asia, or 3.9% of the region's population, lived in extreme poverty as of last year, 67.8 million more than would have been the case without the health and cost-of-living...
AstraZeneca facing two London lawsuits over COVID-19
Anish Tailor, whose wife Alpa died in March 2021 after receiving her first dose of the vaccine, filed a product liability claim against AstraZeneca at London’s High Court on Aug. 4, according to court records AstraZeneca is facing a similar lawsuit from Jamie Scott,...