According to Russian news agency Tass, 32 people have survived the...
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European Central Bank plans insurance for climate risks
One part of the plan is a voluntary public-private reinsurance...
Insurance technology firm bolttech raises $100 million to fund global growth
Founded in 2020, bolttech operates a digital platform where...
China Eastern restarts flights using Boeing 737-800 after March crash – data
On March 21, Flight MU5735, which was en route from Kunming to Guangzhou, crashed in the mountains of Guangxi and killed 123 passengers and nine crew members in mainland China’s deadliest aviation disaster in 28 years The cause of the disaster, China's deadliest plane...
Mysterious liver illness seen in kids in US, Europe
“Given the increase in cases reported over the past one month and enhanced case search activities, more cases are likely to be reported in the coming days,” WHO officials said in a statement. The U.S. children ranged in age from 1 to 6 years old, and two required...
Cyclones in Africa exacerbated by climate change: Study
“While our analysis clearly shows that climate change made the storms more damaging, our ability to establish precisely by how much was hampered by inconsistent data and lack of weather observations. This would also help to improve forecasts of extreme weather events...
Swiss Re chairman re-elected despite proxy adviser raising concerns about diversity
Sergio Ermotti, chairman, Swiss Re ISS recommended shareholders oppose the reappointment of Ermotti as a “signal of concern” over the lack of gender diversity on the reinsurer’s board. Ermotti told shareholders in a webcast that “abilities and experience” are also...
Oil traders to cut Russian oil purchases from May 15
Energy trading firms face compliance and reputational risks from the current raft of Western sanctions. They have to examine closely which entities they can pay as well as their employees' nationalities. Also, the lack of an outright ban complicates ending existing...
Windows under attack from Chinese threat actors: Microsoft
"As Microsoft continues to track the high-priority state-sponsored threat actor HAFNIUM, new activity has been uncovered that leverages unpatched zero-day vulnerabilities as initial vectors," the company said in a blogpost. San Francisco: Tech giant Microsoft has...
Japan’s population down by record 644,000 people
Tokyo, saw its first population drop in 26 years, declining by 40,000 to a total of 14 million people The population of Japan has been shrinking for 11 consecutive years, but this year's fall is the greatest both in absolute numbers and in percentage terms The...
EU sanctions tweak allows some plane owners to sell to Russia
Under the amended provision, no economic resources can be made available to the Russian counterpart, except to transfer ownership of the plane after the EU company has been fully reimbursed An amendment to European Union sanctions last week created a potential path...
Elon Musk launches $43-bn hostile takeover of Twitter
Elon Musk After his stake became public, Musk immediately began appealing to fellow users about prospective moves, from turning Twitter’s San Francisco headquarters into a homeless shelter and adding an edit button for tweets to granting automatic verification marks...
Worldwide COVID cases surpass 500 mln as Omicron variant BA.2 surges
Roughly 64.8% of the world population has received at least one dose of a COVID vaccine, although only 14.8% of people in low-income countries have received at least one dose, according to figures from Our World in Data Since 2020, about 37% of the world's COVID cases...