Alexandra Cliff Chief Financial Officer-designate, Lloyd's Alex has...
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Alphabet’s Waymo to test its autonomous driving technology in over 10 new cities
After testing the Waymo Driver in multiple cities, the company says...
Lawsuit accuses Amazon of secretly tracking consumers through cellphones
According to a proposed class action in San Francisco federal...
Foreign insurers in Malaysia given 2023 cutoff to reduce stakes in their local ventures
AIA Group Ltd., Prudential Plc, Tokio Marine Holdings Inc. and Zurich Insurance Group AG are among the international insurers with ventures in the Southeast Asian nation Overseas insurance companies were allowed to hold a maximum 70% in local firms, but it was mostly...
Britain on course for hottest day on record
Much of Europe is baking in a heatwave that has pushed temperatures into the mid-40s Celsius (over 110 Fahrenheit) in some regions, with wildfires raging across tinder-dry countryside in Portugal, Spain and France. Britain's government triggered a "national emergency"...
Ghana confirms its first outbreak of highly infectious Marburg virus
"(Ghanaian) health authorities have responded swiftly, getting a head start preparing for a possible outbreak. This is good because without immediate and decisive action, Marburg can easily get out of hand," said Matshidiso Moeti, WHO Regional Director for Africa...
3 emergency landings of international airlines in India in last 48 hours
"We had two emergency landings of foreign operators on Saturday. Air Arabia at Cochin due to hydraulic issues and Ethiopian at Kolkata due to pressurisation issue," said an official In a third similar incident, on July 15, an aircraft of SriLankan airlines made an...
Pandemic, supply disruptions pose risk to food security; urgent actions needed says World Bank led joint statement
Citing World Food Programme data, the joint statement said the number of acute food insecure people increased to 345 million in 82 countries "Making matters worse, around 25 countries have reacted to higher food prices by adopting export restrictions affecting over 8...
Cargo plane with Serbian defence material crashes in northern Greece
Serbia's defence minister said the plane was carrying 11.5 tonnes of products made by its defense industry and the buyer was Bangladesh defense ministry. He said the crew members were killed. ATHENS: A Ukrainian cargo plane carrying munitions from Serbia to Bangladesh...
Emergence of new COVID variants a risk to global economic outlook: Moody’s
The study found the variant is four times more resistant to messenger RNA vaccines than earlier strains of Omicron, which include Pfizer and Moderna Covid-19 vaccines, Xinhua news agency reported Unvaccinated people have about a five times higher chance of contracting...
World Bank approves $100m to support Nepal’s green, resilient, and inclusive development
This shift will help the country continue to make progress on expanding and protecting prosperity while reducing poverty in the face of compounding challenges that affect Nepal's development, including COVID, disaster, climate and environmental risks," said Steve...
Uber sued by more than 500 women over assault claims
"While the company has acknowledged this crisis of sexual assault in recent years, its actual response has been slow and inadequate, with horrific consequences," said Adam Slater, a partner at Slater Slater Schulman "There is nothing more important than safety, which...
Allianz targets multinational insurance with new set-up and dedicated investments
Allianz's international corporate insurance carrier, Allianz Global Corporate & Specialty (AGCS), is strengthening its capabilities, including a new market-facing team as well as dedicated investments in data and technology, and will expand its customer services...