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China targets Nvidia with antitrust probe, escalates US chip tensions
The statement from the State Administration for Market Regulation...
Lloyd’s human pandemic scenario reveals potential global economic loss of $13.6trn
From an economic perspective, the widespread impacts would be...
Howden acquires Hong Kong based Expat Marine
Julian Franzman, Regional Head of Howden Marine Specialty, noted: “This acquisition will strengthen our overall offering for our marine clients in Hong Kong, and reiterates Howden’s ongoing strategy of empowering local teams to partner with culturally-aligned...
Gallagher Completes Acquisition of WTW’s treaty reinsurance operations
Together with Gallagher’s existing reinsurance operations, the combined businesses will trade as Gallagher Re from more than 70 offices across 31 countries and incorporate 2400 colleagues ROLLING MEADOWS: Arthur J. Gallagher & Co, the third largest international...
SCOR strengthens its COMMITMENT for BIODIVERSITY Preservation
Laurent Rousseau, Chief Executive Officer, SCOR “Biodiversity loss threatens the health of the planet and has the potential to greatly disrupt society. Joining act4nature demonstrates SCOR’s commitment to help manage this risk and develop new solutions to protect...
Zurich introduces vehicle protection products for eVs
An electric vehicle operates on an electric circuit run by computers. Repairs on items such as an electronic display screen can cost thousands of dollars. A high-voltage battery is one of the most expensive components in an EV with average replacement costs of $5,500....
BioNTech CEO says Current Covid vaccines can likely protect from omicron, prefers 3rd booster shot
BioNTech SE Chief Executive Officer Ugur Sahin The comments from the chief of BioNTech, Pfizer Inc.’s partner on the Covid vaccine, add to a growing range of views from vaccine developers on the efficacy of their shots against the new variant. Amid a shortage of hard...
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...