A global tech outage that appeared to be related to issues at...
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Global tech outage disrupts industries, highlights risks of interconnected world
A software update by global cybersecurity firm CrowdStrike appeared...
Microsoft resolves cloud outage that led US airlines to ground flights
Microsoft said its outage started at about 6 pm ET on Thursday,...
Regulators turn spotlight on company sustainability ratings
The International Organization of Securities Commissions (IOSCO), which groups market regulators from the United States, Europe and Asia, recommended in a consultation paper on Monday that its members consider formally regulating an industry that has so far largely been left to its own devices.
This lack of regulation has prompted concerns among some investors, who say methods of calculating ESG ratings are opaque, and environmentalists, who fear “greenwashing” – or that companies might sometimes get an ESG rating they don’t deserve.
Gallagher drops plans to acquire certain Willis Towers Watson plc brokerage operations
In conjunction with the termination announcement, Gallagher plans to exercise the special optional redemption feature of its $650 million tranche of 10-year senior notes issued on May 20, 2021.
U.S. will not lift travel restrictions, citing Delta variant -White House
U.S. Centers for Disease Control and Prevention (CDC) director Rochelle Walensky said on Thursday the seven-day average of new cases in the United States was up 53% over the previous week. The Delta variant, which was first found in India, now comprises more than 80% of new cases nationwide and has been detected in more than 90 countries. Psaki also cited the fact that last week, the CDC urged Americans to avoid travel to the United Kingdom, given a jump in cases.
Saudi Arabia threatens 3-year travel ban for citizens who visit “red list” states
“Anyone who is proven to be involved will be subject to legal accountability and heavy penalties upon their return, and will be banned from travel for three years,” the official said. Saudi Arabia has banned travel to or transit at a number of countries including Afghanistan, Argentina, Brazil, Egypt, Ethiopia, India, Indonesia, Lebanon, Pakistan, South Africa, Turkey, Vietnam and the United Arab Emirates.
Young lured to tobacco addiction via e-cigarettes – WHO
Over eight million people die annually from tobacco use and exposure to tobacco smoke, making the habit a leading cause of preventable diseases, the WHO said in a report calling for greater regulation of smoke-free devices containing nicotine.
Some 16,000 flavours are on the market for e-cigarettes, including bubble gum, vanilla ice cream and chocolate cookies, Ruediger Krech, director of the WHO’s department of health promotion, said, adding e-cigarette users were “at least twice if not three times” more likely to become cigarette smokers. “That calls for exactly the same regulation as cigarettes,” he added.
Fauci Says US Headed in ‘Wrong Direction’ on Coronavirus
“We’re going in the wrong direction,” said Dr. Anthony Fauci, describing himself as “very frustrated.”He said recommending that the vaccinated wear masks is “under active consideration” by the government’s leading public health officials. Also, booster shots may be suggested for people with suppressed immune systems who have been vaccinated, Dr. Anthony Fauci said.
Amazon may soon allow payments via Bitcoin, other digital currencies
A company spokesperson told Insider that it was “inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like on Amazon.”
Tesla and Twitter are also bullish on Bitcoin as the next payment mode.
No pathway to reach the Paris Agreement’s 1.5˚C goal without the G20: UN chief
The UN chief reminded that science indicates that to meet that ‘ambitious, yet achievable goal’, the world must achieve carbon neutrality before 2050 and cut dangerous greenhouse gas emissions by 45 % by 2030 from 2010 levels. “But we are way off track”, he warned.
Harmonizing guidance to assess radioactivity in food and drinking water
The establishment of the new framework will also help in case there is radiological contamination of food and drinking water due to an accident.
“In the event of a nuclear or radiological accident anywhere in the world, the technical expertise to measure radionuclides in food will be essential for public reassurance and, in certain situations, the basis for imposing restrictions,” Colgan said.
Insurance brokers Aon and Willis drop $30 bn merger move, Aon to pay $1 billion termination fee to Willis
“Despite regulatory momentum around the world, including the recent approval of our combination by the European Commission, we reached an impasse with the U.S. Department of Justice,” said Aon CEO Greg Case.