Taiwan is phasing out coal-fired power stations and shifting to...
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EU to review corporate liability under Europe’s toughest ESG Law
Plans to cut reporting requirements — especially for small and...
China asks insurers to hold sufficient capital and liquidity
Companies should establish a concentration risk information...
France battles ‘monster’ wildfire near Bordeaux for third day
France is in the grip of its worst drought on record, with a fourth heatwave of the summer sweeping across the country this week. More than 57,200 hectares have gone up in flames so far in France this year, nearly six times the full-year average for 2006-2021, data...
Johnson & Johnson drops talcum powder globally as lawsuits mount
The health conglomerate has spent years seeking ways to contain its legal liabilities. It faces 40,300 lawsuits in the US over its talc-based powders, according to a company filing last month with the U.S. Securities and Exchange Commission Johnson & Johnson said...
In India,7.3% of the population owned digital currency in 2021, 7th highest in the world: UN
“If cryptocurrencies become a widespread means of payment and even replace domestic currencies unofficially (a process called cryptoisation), this could jeopardise the monetary sovereignty of countries,” UN said Ukraine topped the list with 12.7 per cent, followed by...
9 million people die each year from neurological disorders: WHO
Neurological disorders, which include stroke, migraines, dementia and meningitis. WHO reported that 43 per cent of children under five in low- and middle-income countries - nearly 250 million boys and girls - are believed to miss their developmental potential due to...
Heat, drought and wildfires during one of the warmest Julys on record– WMO
“This is despite the La Niña event that’s meant to have a cooling influence,” explained WMO spokesperson Clare Nullis “We saw this in some places, but not globally,” she added, noting that it was “one of the three warmest [Julys] on record, slightly cooler than July...
Threats of drought, flooding and blistering heat keeping supplies of global crop tight and prices elevated
Rice, another important Indian crop, was planted on a smaller area so far this season due to a lack of rainfall in some main growing areas, including West Bengal and Uttar Pradesh, which account for a quarter of the country’s output. This will potentially reduce...
Munich Re’s profit slumps, investment portfolio takes a hit of almost $1 billion
The reinsurer already wrote down the value of Russian and Ukrainian bonds by almost 700 million euros in the first quarter, and also booked about 200 million euros in war-related reinsurance costs in the first half of the year The Munich-based company wrote down the...
“Ships exporting Ukraine grain through the Black Sea will be protected by a 10 nautical mile”
The initiative has been operating in a trial phase for the past two weeks. Ten ships – stuck in Ukraine since the war started – have departed with corn, soybeans and sunflower oil and meal. Two empty vessels have traveled to Ukraine to collect shipments. The biggest...
Aon strengthens its natural resources offering across APAC by naming new leaders
“With the changing landscape of the oil, gas and mining industry driven by Environmental, Social and Governance strategies, as advisors we need to be at the forefront of developing offerings to support with energy transition amid emerging volatility,” said Melissa...
Google Search witnesses massive outage, affects tens of thousands of users
There was an electrical incident at a Google facility in Iowa on Monday, sending three people to a nearby hospital, according to local media reports. It’s not clear whether the episode is related to the service outage. Problems loading the Google website and...