The 59-year-old Vladimir Motin was captain of the...
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StanChart raises 1 bn euro via first social bond, commits 50% for India
The 8-year bond will primarily facilitate lending to small and...
British PM Starmer scraps health body in search of savings and better care
Keir Starmer, Prime Minister, UK "I can't, in all honesty,...
Calif. top court to consider employer liability for COVID infections
It was the first ruling of its kind. Business groups have said allowing employers to be held liable for so-called "take-home" COVID infections will prompt lawsuits not only by workers' family and friends but by anyone infected by that circle of people. Companies...
Covid vaccines in time saved an estimated 20 million lives in the first year of the rollout: Study
High- and upper-middle income countries accounted for the greatest number of deaths prevented -- more than 12 million More could have been done to extend the benefits of vaccines to a wider number of people, according to a commentary in the same journal. Inequitable...
Google warns spyware ‘Hermit’ targeting high-profile Android victims
Cyber-security researchers last week unearthed 'Hermit' that is being used by the governments via SMS messages to target high-profile people like business executives, human rights activists, journalists, academics and government officials Google has found strong...
German Insurtech Wefox seeks funding at over $5 billion value
Wefox has carved out a different niche in the insurtech space, opting to distribute its insurance policies through a network of agents rather than hawking its products directly to consumers like some other startups The latest fundraising comes amid a challenging...
WHO considers declaring monkeypox a global health emergency
Last week, WHO Director-General Tedros Adhanom Ghebreyesus described the recent monkeypox epidemic identified in more than 40 countries, mostly in Europe, as “unusual and concerning.” Monkeypox has sickened people for decades in central and west Africa, where one...
Electric vehicles could take 33% of global sales by 2028-AlixPartners
EVs accounted for less than 8% of global sales last year, and just under 10% in the first quarter of 2022 To support that demand, automakers and suppliers now expect to invest at least $526 billion on EVs and batteries from 2022-2026, the firm said at its annual...
Strong earthquake kills at least 280 in Afghanistan
Most of the confirmed deaths were in the eastern Afghan province of Paktika, where 255 people had been killed and more than 200 injured, said interior ministry official Salahuddin Ayubi. In Khost province, 25 people had been killed and 90 taken to hospital, said a...
18th SIRC opens for registration, 4-day hybrid event to begin on 31Oct
“With the theme ‘RE-CONNECTING ..RE-SHAPING THE FUTURE!’, the upcoming 18th Singapore International Reinsurance Conference (SIRC) will be held from 31 Oct to 3 Nov 2022.It will be organised as a hybrid event – principally in-person, with a virtual segment for those...
Volkswagen faces mounting scrutiny on human rights violations in China, risk insurance declined by Berlin
Berlin recently declined a Volkswagen request to renew risk insurance for the company’s Chinese operations over the human rights concerns, according to a person familiar with the matter Volkswagen AG faces mounting pressure to address allegations of human rights...
Sovcomflot fleet fully covered by Russian insurers, CEO says
Technically, we meet all international trade requirements,” CEO Igor Tonkovidov told reporters. “Currently, the company’s fleet is almost fully busy in shipping hydrocarbons, cargoes are delivered to different parts of the world.” Moscow: Russia’s state-run Sovcomflot...