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EU privacy regulator fines Meta €91M over password storage in GDPR violation
The inquiry was opened five years ago after Meta notified Ireland’s...
Port strike will paralyze half of US trade and cargo carriers
Oxford Economics estimated that a strike would cost the US economy...
MALAYSIA:Malene Insurance Brokers becomes Howden Takaful Brokers
Howden Takaful Brokers’ team of 30 specialists will offer bespoke shariah-compliant solutions across Howden’s product range. They will sit alongside Howden’s other broking teams and will offer clients seamless access to bespoke Takaful solutions in specialty,...
AIA Commits to Achieving Net-Zero Greenhouse Gas Emissions by 2050
Lee Yuan Siong, AIA Group Chief Executive and President, said, "Our commitment to net-zero by 2050 will support the delivery of long-term sustainable value for our customers, our shareholders and our communities. AIA is wholly focused on Asia and, driven by our...
Business Interruption and Cyber Attacks Identified as Top Concerns in Asia Pacific: Aon Study
“The world is a more volatile place and the importance of better decision making has never been greater, said Lambros Lambrou, CEO of Commercial Risk Solutions at Aon ``Long-tail risks are not single events. They’re innately interconnected, as we’ve seen with the...
BioNTech CEO says vaccine upgrade on the cards, ready to move quickly
BioNTech CEO Ugur Sahin BioNTech CEO Ugur Sahin reiterated that a product relaunch could be achieved within about 100 days and said a redesign is already under way. But any confirmation of the existing shot's protection against severe disease could buy developers time...
Asia in cautious mood as Omicron spreads, U.S. CPI looms
Omicron remained a concern as the variant spread to about one-third of U.S. states, though there were reports from South Africa that cases there had mild symptoms.BofA chief investment strategist Michael Hartnett favours real assets, real estate, commodities,...
Indonesia Semeru volcanic eruption kills 13; dozens injured
Semeru, the tallest mountain on Java island, threw up towers of ash and hot clouds on Saturday that blanketed nearby villages in East Java province and sent people fleeing in panic. The eruption severed a strategic bridge connecting two areas in the nearby district of...
Bitcoin falls by a fifth, cryptos see $1 billion worth liquidated
The plunge follows a volatile week for financial markets. Global equities and benchmark U.S. bond yields tumbled on Friday after data showed U.S. job growth slowed in November and the Omicron variant of the coronavirus kept investors on edge Bitcoin shed a fifth of...
soil salinization poses riskS to global food security:FAO
New report on soil shows 55 percent of countries surveyed lack adequate capacities for soil analysis Some of the worst affected regions are in Central Asia, the Middle East, South America, North Africa and the Pacific. “Soil is the foundation of agriculture and the...
WHO Tells Asia-Pacific To Brace For Omicron
"People should not only rely on border measures," Takeshi Kasai, WHO regional director for the western Pacific, told a virtual media briefing. "What is most important is to prepare for these variants with potential high transmissibility. So far the information...
Omicron Spreads To 38 Nations, No Deaths Reported, Says WHO
The World Health Organization has warned it could take weeks to determine how infectious the variant is, whether it causes more severe illness and how effective treatments and vaccines are against it. "We're going to get the answers that everybody out there needs,"...