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EU changes to sustainability law risk company lawsuits, legal scholars say
The EU’s plan to simplify the Corporate Sustainability Due...
Google to pay Texas $1.4 billion in data privacy settlement
The agreement settles several claims Texas made against the search...
China’s Fosun appoints Deutsche Bank to sell Peak Re – sources
The Chinese conglomerate owns 86.9% of Peak Re, and it is not immediately clear what valuation a sale would ascribe to the reinsurance firm. Peak Re said in its 2021 annual report its total equity was $1.47 billion at the end of 2021 HONG KONG/LONDON: China's Fosun...
“In today’s global economy, the food and drink industry is no stranger to the effects of shifting geopolitics and economic uncertainty. It is arguably more important than ever that businesses ensure the safe and timely transportation of critical and often perishable...
WHO convenes experts to identify new pathogens that could spark pandemics
“Targeting priority pathogens and virus families for research and development of countermeasures is essential for a fast and effective epidemic and pandemic response”, said Dr. Michael Ryan, Executive Director of WHO’s Health Emergencies Programme Geneva: The World...
Ongoing turmoil in cryptos a reminder of huge risks attached: Singapore central bank
The Singaporean central bank, in the statement, added, the most important lesson from the FTX debacle is that dealing in any cryptocurrency, on any platform, is "hazardous". Singapore: The ongoing turmoil in the crypto industry serves as a reminder of the huge risks...
India, China, Korea drive growth as global intellectual property filings touch records in 2021: WIPO
Daren Tang,Director General,WIPO. Data published in WIPO’s latest World Intellectual Property Indicators report indicates that innovators filed 3.4 million patent applications globally last year, which was up 3.6 per cent from 2020 – with Asia driving more than...
Talent & inflation to trigger highest pay hikes next year in US : WTW Study
Even as they dole out higher salaries, fewer than one in ten employers plan hikes that would match inflation, according to research from consultant Gartner Inc. More common tactics include increasing flexible-work arrangements or boosting incentive or merit-based pay...
Indonesia quake kills more than 50, wounds hundreds, destroys homes
The country of more than 270 million people is frequently struck by earthquakes, volcanic eruptions and tsunamis because of its location on the Ring of Fire, an arc of volcanoes and fault lines in the Pacific Basin Jakarta; A 5.6-magnitude earthquake killed more than...
COP27 ends with historic decision on damage fund, little progress on other issues
“The countries fell short of agreeing to a phasedown of all fossil fuels, which speaks to the energy crisis and the hold of the oil and gas lobby at this COP,” Aarti Khosla, Director, Climate Trends New Delhi: While the UN climate summit in Egypt concluded with a...
Historic compensation fund approved at UN climate talks
The decision establishes a fund for what negotiators call loss and damage. It is a big win for poorer nations which have long called for cash sometimes viewed as reparations because they are often the victims of climate worsened floods, droughts, heat waves, famines...
Big Pharma may have to reveal government deals in WHO’s draft pandemic rules
The aim of the pact, commonly known as the pandemic treaty, is to prevent the next global health crisis from being as devastating as COVID-19 and improving the global response that left many of the world's poorest countries behind The draft recognises the importance...