The scope of potential retaliation is evolving as the trade war...
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Landmark agreement reached at WHO over tackling future pandemics
"In reaching consensus on the Pandemic Agreement, not only did they...
China accuses a US spy agency of hacking Asian Winter Games
China’s National Computer Virus Emergency Response Center said this...
Marine cargo insurance premium rises 8% to $18.9 billion in 2021,improvement in overall loss ratios: IUMI
Cargo premiums increased in most markets, with China leading the growth in 2021. China now accounts for 14% of the cargo market, with the UK (Lloyd’s of London and the International Underwriting Association) having a 12.2% market share. With 2021 claims starting at a...
Aon names senior leader for APAC Cyber Solutions, furthering investment in cyber capabilities
Adam Peckman, senior leader for APAC Cyber Solutions,Aon “Only two in five businesses are ready to navigate new exposures arising from the rapid digital evolution we’ve witnessed across all industries in the past 24 months. Cyber risk cannot remain an IT risk or...
Paris and New York join climate litigation against TotalEnergies
The coalition wants a judge to order TotalEnergies to “take the necessary measures to drastically reduce its greenhouse gas emissions and align itself with the objectives of the Paris Agreement,” in a move that it said would be “similar to the Shell decision in the...
Sense of an ending: Scientists say worst of Covid could be over
''We have spent two-and-a-half years in a long, dark tunnel, and we are just beginning to glimpse the light at the end of that tunnel,” WHO Director General Tedros Adhanom Ghebreyesus Tedros said on the sidelines of the UN General Assembly on Thursday. Globally, as of...
Boeing to pay $200 million to settle civil charges it misled investors about 737 MAX
"In times of crisis and tragedy, it is especially important that public companies and executives provide full, fair, and truthful disclosures to the markets. The Boeing Company and its former CEO, Dennis Muilenburg, failed in this most basic obligation," SEC Chair...
New York still top, Singapore overtakes Hong Kong in global finance centre ranking
"London’s second position looks secure but needs a significant global change to once again challenge for the top place," said Michael Mainelli, chairman of Z/Yen LONDON: New York remains far and away the world's most favoured financial centre, with London still second...
American Airlines confirms data breach of customers and employees
American Airlines has notified customers that personal information such as address, phone number, driver’s license number, passport number and/or certain medical information may have been accessed by the hacker, the letter showed “We regret that this incident occurred...
Noncommunicable diseases now ‘top killers globally’ – UN health agency report
Chief among them are cardiovascular diseases, such as heart disease and stroke; cancer; and diabetes and chronic respiratory diseases – as well as mental health illnesses Together they account for nearly three-quarters of deaths in the world, taking 41 million lives...
Fed again hikes interest rates by 75 basis points in aggressive bid to fight inflation
Officials expect the benchmark rate to rise to 4.4% by year end and 4.6% during 2023, according to the median estimate in updated quarterly projections published alongside the statement. That indicates a fourth-straight 75 basis-point hike could be on the table for...
Pakistan flood-borne diseases could get ‘out of control’ as deaths rise
Record monsoon rains and glacial melt in northern Pakistan triggered the flooding that has impacted nearly 33 million people in the South Asian nation of 220 million, sweeping away homes, crops, bridges, roads and livestock in damages estimated at $30 billion....