ESG investments in developing nations have floundered over the...
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EU AI Act checker reveals Big Tech’s compliance pitfalls
Companies failing to comply with the AI Act will face fines of 35...
AXA Insurance announces strategic name change of “XL Re China” to “AXA International Re”
By leveraging data, pricing strategies, and market expertise, AXA...
Super-rich thrive as COVID-19 pushes millions into poverty
A new billionaire has been created every 26 hours since the pandemic began. - More than 160 million people are estimated to have been pushed into poverty during the health crisis The world's 10 wealthiest people more than doubled their fortunes to $1.5 trillion during...
Nearly half of GDP in cities at risk from nature loss: WEF survey
The good news is that nature-based solutions for infrastructure are 50 per cent cheaper than alternatives and deliver 28 per cent greater added value in terms of productivity, while they can also create much-needed jobs nearly 60 million by 2030 if necessary...
China’s economy grows 8.1% to $18 trillion in 2021, expands 4% in the last quarter
The per capita GDP of China reached around USD 12,500 in 2021, exceeding the global average At the end of 2021, China's population on the mainland grew to 1.4126 billion from 1.4120 billion in 2020.China's population increased by 480,000 year-on-year, down from 12...
UK to abolish PCR Test for vaccinated people returning to country: Reports
"We are looking at removing all COVID tests for vaccinated travelers by the end of January, which is likely to coincide with the review of the plan B measures on January 26," the source said, as quoted by the media London:The United Kingdom will abolish mandatory...
Investors seek safe havens as Omicorn spreads in Asian markets
“Asia will be better braced to cope with omicron waves, which may prove to be more short-lived,” said Wai Ho Leong, a strategist at Modular Asset Management. “Markets that are better vaccinated and have timely social distancing curbs are also likely to recover faster...
Russia takes down REvil hacking group at U.S. request – FSB
The United States has been hit by a string of high-profile hacks by ransom-seeking cybercriminals. A source with direct knowledge of the matter told Reuters in June that REvil was suspected of being the group behind a ransomware attack on the world's biggest meat...
Microsoft discloses malware attack on Ukraine govt networks
Ukrainian cybersecurity professionals have been fortifying the defenses of critical infrastructure since 2017, with more than USD 40 million in U.S. assistance. They are particularly concerned about Russian attacks on the power grid, rail network and central bank...
Tsunami threat recedes from huge Pacific volcanic eruption
Following Saturday's eruption, residents in Hawaii, Alaska and along the U.S. Pacific coast were advised to move away from the coastline to higher ground and to pay attention to specific instructions from their local emergency management officials, said Snider ``We...
Facebook faces $3.2 bn lawsuit in UK over exploiting market dominance
The lawsuit, which will be heard by London's Competition Appeal Tribubal, alleges Facebook made billions of pounds by imposing unfair terms and conditions that demanded consumers surrender valuable personal data to access the network Social media giant Facebook, now...
Scientists: Duck is 1st wild bird flu case in US in 5 years
The flu poses a low risk to people but can spread quickly through chicken houses and other poultry businesses The US Department of Agriculture alerted global health officials. Scattered Eurasian H5 infections have been detected in 2022 from Portugal to Bulgaria and in...