Alexandros Ampatzis, Head of Marine, APAC, said,“TMK’s...
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Allianz weighs options for AllianzGI unit, sources say
Amundi and Germany’s DWS would be logical candidates for any deal...
US strikes $100M settlement with owner, operator of ship Dali for Baltimore bridge mishap
Settlement will cover federal costs incurred to restore access to...
U.S. judge annuls Gulf of Mexico oil auction over climate impact
Thursday's decision came after the environmental group Earthjustice challenged the sale on behalf of four other green groups, arguing U.S. President Joe Biden's Interior Department was relying on a years-old environmental analysis that did not accurately consider...
Nearly 30,000 Bitcoin millionaires wiped in last 3 months
"A combination of factors such as regulatory scrutiny, turbulent markets, geopolitical unrest, and Covid combined with having an adverse effect on the asset's performance. However, despite the volatile start to the year, a number of analysts continue to laud the asset...
U.S. crop insurance payouts rise sharply as climate change worsens droughts, floods
Insurance payments to farmers due to drought rose more than 400% between 1995 and 2020 to $1.65 billion, while payments due to excess moisture – like floods - rose nearly 300% to $2.61 billion, according to the nonprofit environmental group, which examined publicly...
Fed likely to hike rates in March as Powell vows sustained inflation fight
U.S. central bank chief Jerome Powell "The committee is of a mind to raise the federal funds rate at the March meeting assuming that the conditions are appropriate for doing so," Powell said in a news conference, pinning down a policy statement from the central bank's...
AllianzGI sets up unit to invest in ESG compliant companies
AllianzGI, which manages around 647 billion euros ($730.27 billion) in assets, will look to invest in private companies helping solve environmental or social issues in a measurable way, it said in a statement. Asset manager Allianz Global Investors, part of German...
Nepal’s population witnesses lowest growth in 80 years: reports
''Nepal’s population has reached 29,192,480. The main reason behind the slowest growth in population appears to be outward migration of Nepalis for jobs and studies,'' Hem Raj Regmi, the deputy director-general of the bureau, was quoted as saying in the report...
Global Cat economic losses hit $343 billion in 2021, up from $297 billion in 2020:Aon
Only 38 percent of natural peril losses were covered by insurance, an improvement from last year CHICAGO: Aon plc’s 2021 Weather, Climate and Catastrophe Insight report reveals a total of $343 billion in economic losses in 2021, $329 billion of which resulted from...
Cyber hostilities between India & Pakistan,China & Japan and Israel & Iran could escalate dangerously: CyberCube Report
Report identifies four industries that CyberCube believes will be targeted by cyber criminals – especially ransomware actors – in 2022. These are: healthcare, education, manufacturing and utilities. CyberCube also expects to see ransomware threat actors targeting...
WHO-US EPA partnership to unravel linkage between health and climate change
Five year agreement recognises the increased environmental and public health risks from the warming global climate and prioritizes environmental justice WHO estimates that 24% of all global deaths, and 28% of deaths among children under five, are linked to the...
Over 1.2 mn people died from drug-resistant infections in 2019: Study
The new Global Research on Antimicrobial Resistance report, published in The Lancet, revealed that antimicrobial resistance (AMR) was directly responsible for an estimated 1.27 million deaths and associated with about 4.95 million deaths. The study analysed data from...