“The resurgence of preventable and climate-sensitive illnesses...
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Russian air-defense system downed Azerbaijan plane, sources say
One of the Azerbaijani sources familiar with Azerbaijan's...
Cat-bond issuance hit a record $50 billion in 2024
Cat bonds continue to pay out more than many fixed-income assets....
U.K. sets gender, ethnicity targets for executives, boards
“As investors pay increasing attention to diversity at the top of the companies they invest in, enhancing transparency at board and executive management level will help hold companies to account and drive further progress,” said Sarah Pritchard, executive director of...
UK updates Highway Code to prepare for self-driving cars
"This is a major milestone in our safe introduction of self-driving vehicles, which will revolutionise the way we travel, making our future journeys greener, safer and more reliable," said Transport Minister Trudy Harrison "The technology could be available in the UK...
Crypto bodies being targeted by North Korean hackers: Singapore’s DeFiance Capital
“It is critical that this industry is highly aware that we are being targeted by a state-sponsored cybercrime organization that is extremely resourceful and sophisticated,” Cheong said on Twitter All prominent cryptocurrency organizations are probably being targeted...
J&J pulls COVID vaccine sales forecast due to low demand, supply glut
Use of the shot has been weak in high-income countries, hurt by reports of rare, potentially deadly blood clots, production issues, including an accidental mix-up of ingredients by a contract manufacturer, and concerns about efficacy Johnson & Johnson on Tuesday...
RIMS announces Gary Labranche as new CEO
Gary LaBranche LaBranche will succeed longstanding RIMS CEO Mary Roth who announced her retirement in late-2021 after 37 years of service with RIMS. LaBranche will assume his new role on June 1, 2022 NEW YORK: RIMS, the risk management society®, has announced Gary...
Bangladesh, World Bank sign $250m to enhance resilience to future shocks
It will also support the coverage, speed, and efficiency of social protection programs to help the government rapidly respond to extreme climate events such as floods and cyclones Dhaka; The Government of Bangladesh and the World Bank yesterday signed a $250 million...
Money laundering, terror financing biggest risks of crypto: Sitharaman
India's finance minister Nirmala Sitharaman "If I use 2019 data, the digital adoption rate in India is about 85 per cent. But globally that same year it was only somewhere near 64 per cent. So the pandemic time actually helped us to test and prove for ourselves that...
Over 70% of Africa’s economies at risk from Russia’s war in Ukraine: UN report
Preliminary analysis suggests that as many as 1.7 billion people in 107 economies are exposed to at least one of the three risks highlighted by the Global Crisis Response Group "The war is supercharging a three-dimensional crisis – food, energy and finance – that is...
Global investors flee China fearing that risks eclipse rewards
Some international investors are finding an aggressive allocation to China increasingly unpalatable. Outflows from the country’s stocks, bonds and mutual funds accelerated after Russia’s invasion of Ukraine, while Norway’s $1.3 trillion sovereign wealth fund has...
China unlikely to achieve GDP targets due to COVID-19 crisis
Experts from 12 financial institutions polled a French-based media forecast a GDP growth of 5.0 pc for the full year. They expect a figure of 4.3pc for the first quarter, just above the 4.0pc recorded in the three months prior, as per the media outlet It is not just...