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Ardonagh’s A$2.3 billion acquisition receives approval from PSC shareholders
“Combining the best of PSC and Ardonagh will strengthen the Group’s...
CrowdStrike exec apologizes before US Congress for software glitch behind July global outage
Delta Air Lines has vowed to take legal action, saying the outage...
U.S. tightens travel rules as more countries secure borders to quell Omicron
Investors remained on edge on Wednesday, even as financial markets came off lows plumbed a day earlier following remarks by the CEO of Moderna that raised questions about the efficacy of COVID-19 vaccines against Omicron. In an attempt to stave off hasty border curbs,...
Asian factories shake off supply headaches but Omicron presents new risks
"Overall, with new export orders flooding back to countries previously hamstrung by Delta outbreaks and the disruption further down the supply chain still working through, there is plenty of scope for a continued rebound in regional industry," said Alex Holmes,...
ESG Book aims to ‘disrupt’ sustainability sector with free data
The ESG information sector has become a money spinner as asset managers increasingly rely on providers of such data to meet demand from sustainability focused investors. But it is also coming under closer scrutiny from regulators and governments as trillions of...
World trade reaches all-time high OF $28 TRILLION, but 2022 outlook ‘uncertain’: UNCTAD
Geopolitical factors may also play a role in this change, as regional trade within Africa and within the Asia-Pacific area increases on the one hand, “diverting trade away from other routes”. Similarly, efforts towards a more socially and environmentally sustainable...
World ‘dangerously unprepared’ for future pandemics unless leaders tackle inequalities, UNAIDS warns
The latest HIV and AIDS Global Snapshot warns that the COVID-19 pandemic is deepening the inequalities that have long driven the HIV epidemic, putting vulnerable children, adolescents, pregnant women and breastfeeding mothers at increased risk of missing life-saving...
WTW unveils new partnership to develop digital solution for to global insurance market
Combining Willis Towers Watson’s Radar Live with CodeEast's ONEview digital insurance platform provides a solution that maximises profit margins through real-time risk assessment and reduces operational costs by deploying state-of-the-art insurance product...
HDI Global insures mobile crypto wallets from Hoyos Integrity
"Increasingly high-value assets are being stored in digital form as a result of the boom in cryptocurrencies. As such, hot wallets are therefore more and more often the target for hacker attacks.Through our insurance solution for Hoyos we are making an important...
Moderna CEO says vaccines likely less effective against Omicron
Moderna Chief Executive Stéphane Bancel Bancel added that the high umber of mutations on the protein spike the virus uses to infect human cells meant it was likely the current crop of vaccines would need to be modified. Vaccine resistance could lead to more sickness...
Coronavirus pandemic could cost global tourism $2 trillion this year:UN
Despite recent improvements, the report warned that demand for travel could be further affected by "uneven vaccination rates around the world and new COVID-19 strains which had prompted new travel restrictions in some countries UN:The coronavirus pandemic will likely...
Omicron poses “very high” global risk, world must prepare -WHO
"The overall global risk related to the new variant …is assessed as very high." To date, no deaths linked to Omicron had been reported, though further research was needed to assess Omicron's potential to escape protection against immunity induced by vaccines and...