“These incidents highlight the Houthis’ disregard for human life,...
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Indian state Kerala sues Swiss-based Mediterranean Shipping Company, seeks $1.1 billion in compensation over oil spill
On May 25, Liberia-flagged MSC ELSA3 ship travelling from Vizhinjam...
MS Amlin appoints Nicola Harris to lead natural resources
In this role, Nicola will be responsible for leading the efforts of...
Globally, wildfires cost $50 bn every year; AI can help fight them: WEF
World Economic Forum said that global wildfires in 2021 released an estimated 6,450 mega tonnes of CO2 into the atmosphere Sensors with in-built AI can collect acoustic information or operate as smoke detectors in forests and alert authorities within the first hour of...
EU plans law forcing companies to prove green claims are real – draft
The draft rules would cover all products and services sold in the EU, unless they are covered by comparable EU rules. "Green" investment products are already regulated the EU's taxonomy, a controversial labelling system facing legal challenges from the Austrian...
Global jobs growth will halve in challenging 2023: ILO
The number of unemployed people in the world is expected to rise by 3 million to 208 million in 2023, while inflation will eat into real wages, the ILO said in a report on global trends "As prices rise faster than nominal labour incomes, the cost-of-living crisis...
MS Amlin strengthens Asian reinsurance offering with Phoenix 3 Re launch
Phoenix 3 Re has secured over USD45m of collateralised capacity, more than its predecessors Phoenix 1 Re and Phoenix 2 Re. Alongside an increased underwriting risk appetite, this gives MS AAP close to USD83m of capacity through its Phoenix vehicles, to support local...
Networth of richest-1% double of rest of world: Oxfam
During the past decade, the richest 1 per cent had captured around half of all new wealth, it added, while noting that extreme wealth and extreme poverty have increased simultaneously for the first time in 25 years. ''Women and girls often eat least and last, and make...
Malfunctioning of system human error could have caused Nepal plane crash Experts
The aircraft involved is a 15 year old ATR 72-500 with registration number 9N-ANC and serial number 754. This aircraft was equipped with an old transponder with unreliable data. We are downloading high resolution data and verifying the data quality," flight tracking...
High arsenic concentration in groundwater of 18 districts in Bihar: Study
Now, arsenic as a possible risk factor for gallbladder cancer has been found in the study. Public health intervention in the form of removing arsenic from drinking water is the need of the hour in the endemic regions of Bihar and Assam. Tackling arsenic pollution may...
China’s 2022 growth seen as its lowest in 40 years
Strict lockdowns, quarantines and compulsory mass testing prompted abrupt closures of manufacturing facilities and businesses in major hubs — like Zhengzhou, home of the world’s biggest iPhone factory — and sent reverberations across the global supply chain China’s...
68 killed in Yeti Airline plane crash in Nepal; fate of 5 Indians not known
Yeti Airlines' 9N-ANC ATR-72 aircraft took off from Kathmandu's Tribhuvan International Airport at 10:33 am and crashed on the bank of the Seti River between the old airport and the new airport minutes before landing, according to the Civil Aviation Authority of Nepal...
Covid cases in China touch 900 million,60,000 new coronavirus deaths in hospitals
A top Chinese epidemiologist has also warned that cases will surge in rural China over the lunar new year The peak of China's Covid wave is expected to last two to three months, added Zeng Guang, ex-head of the Chinese Center for Disease Control Some 900 million...