Global ocean temperatures hit record highs for 450 days straight...
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World’s richest people lose $108 bn after tech startup DeepSeek selloff
DeepSeek’s dark-horse entry into the AI race, which it says cost...
DeepSeek hit by cyberattack as users flock to Chinese AI startup
The startup earlier in the day was also hit by outages on its...
‘Clairvoyant’ 2012 climate report warned of extreme weather
In a report that changed the way the world thinks about the harms of global warming, the Intergovernmental Panel on Climate Change’s special report on extreme events, disasters and climate change warned in 2012: “A changing climate leads to changes in the frequency,...
EU proposes rules targeting smart devices with cybersecurity risks
Manufacturers will have to assess the cybersecurity risks of their products and take appropriate procedures to fix problems for a period of five years or during the expected lifetime of the product. The companies will have to notify EU cybersecurity agency ENISA of...
Climate Change intensified rain that fueled Pakistan’s deadly floods, heatwave
The death toll from the floods has risen to nearly 1,500 and the physical damage to the country may surpass $30 billion. More than a million homes are damaged and thousands of schools and health facilities were destroyed Climate change made peak rainfall last month in...
World Bank sees rising risk of global recession in 2023 amid rate hikes
"Global growth is slowing sharply, with further slowing likely as more countries fall into recession," World Bank President David Malpass said, adding his worry that these trends would persist, with devastating consequences for emerging market and developing economies...
WHO issues Global guidance framework for responsible use of life sciences
Ministries of health are called upon to work with other ministries, including of science and technology, education, agriculture, environment and defense, along with other key stakeholders, to assess the risks posed by life sciences locally and nationally, and identify...
69 pc people in India seeing severe effects of climate change: Survey
Twenty-two countries show a majority reporting that they have already been severely impacted by climate change, including nine countries where it exceeds two-thirds of all those surveyed: Mexico (75 per cent), Hungary (74 per cent), Turkey (74 per cent), Colombia (72...
Web-connected devices in EU have to meet new cybersecurity rules or face fines
New rules from the European Commission called the Cyber Resilience Act, set to become public next week, are aimed at improving the security of devices in the face of surging online attacks across the globe. Damages from software and hardware cybercrime amounted to...
Lloyd’s to pay an extra £2,500 to some staff cover their rising living costs in UK
A consequent rise in interest rates to combat inflation contributed to a loss of £1.8 billion in the first six months of the year at Lloyd’s, Neal said. The decline in profit was attributed to a net investment loss of £3.1 billion from unrealized mark-to-market...
End of the COVID-19 pandemic is in sight, says WHO chief
"We are not there yet. But the end is in sight," WHO Director-General Tedros Adhanom Ghebreyesus told reporters at a virtual press conference. Deaths from COVID-19 last week were the lowest since March 2020, the U.N. agency reported The world has never been in a...
AIG unit Corebridge raises $1.68 bln in year’s largest IPO
AIG said it sold 80 million Corebridge shares at $21 per share, which was at the lower end of their indicated target range of $21 to $24 per share The IPO values Corebridge at $13.6 billion. All proceeds of the IPO will go to AIG and the new company is not raising new...