Gaps in enforcement of China's insolvency laws can leave creditors...
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AI makes weather forecasting more cost effective and accurate
This is the first time Taiping Reinsurance is bringing...
Major nations agree on first-ever global fee on greenhouse gases with plan that targets shipping
The agreement, reached with the United States notably absent, is...
On World Patient Safety Day, WHO stresses on ending unsafe medication practices, errors
In low- and middle-income countries – including in the WHO South-East Asia Region – patient harm due to unsafe care contributes to an estimated 134 million adverse events annually resulting in around 2.6 million deaths, WHO Regional Director for South-East Asia Dr...
Global insurance sector outlooks at risk from inflation, rising rates:Fitch
Non-life insurance sectors would typically be most exposed under the scenario, particularly those with a high proportion of long-tail business where higher-than-anticipated claims inflation could lead to reserve deficiencies London: Insurance sector outlooks in...
‘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...