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Cyberattack plunges US auto retail industry into disarry
The outage impacting CDK's dealer management system, used to...
UK launches plans for Global Pandemic Radar to detect Covid-19 variants, emerging disease
The UK prime minister claimed that the “Global Pandemic Radar,” as the network was called, will ensure the early detection of new variants and emerging pathogens, so vaccines and treatments needed to stop them can be rapidly developed.
China says providing vaccines to almost 40 African states
The UN Security Council called on Wednesday for accelerated availability of Covid-19 vaccines for Africa, expressing concern that the continent has only received about 2% of all vaccines administered globally.
Chip crisis in ‘Danger Zone’ as wait times reach new record
Chip shortages are rippling through industry after industry, preventing companies from shipping products from cars to game consoles and refrigerators. Automakers are now expected to lose out on $110 billion in sales this year, as Ford Motor Co., General Motors Co. and others have to idle factories for lack of essential components. That’s undercutting economic growth and employment, as well as raising fears of panic ordering that may lead to distortions in the future.
Some vaccines help nations exit the Pandemic faster than others
Instead, two paths are emerging: In countries such as Israel, new Covid cases are declining as vaccinations spread, while in other places like the Seychelles — which has fully inoculated more of its population than any other nation — infections continue to increase or even reach new highs.
Global Covid-19 caseload tops 164.6 mn; deaths surge to more than 3.41 mn
The US continues to be the worst-hit country with the world’s highest number of cases and deaths at 33,025,606 and 587,843, respectively, according to the CSSE.In terms of infections, India follows in the second place with 25,496,330 cases.
U.S. Supreme Court backs energy companies over Baltimore in climate case
The Democratic-governed Maryland city’s lawsuit targeted 21 U.S. and foreign energy companies that extract, produce, distribute or sell fossil fuels, arguing that their activities contribute to emissions of carbon dioxide and other so-called greenhouse gases linked to climate change. An important port city, Baltimore noted that it is vulnerable to sea-level rise and flooding driven by climate change.
Wildfires, thawing permafrost pose new challenge to curb climate change: Study
As temperatures rise and permafrost thaws, carbon dioxide and methane trapped within the long-frozen soil are released. The deeper the thaw, the more gas is released.
That threatens to create a feedback loop that contributes to even more warming of the atmosphere, scientists warn in a study published in the journal Proceedings of the National Academy of Sciences.
London’s ‘Golden Age’ as Europe’s financial capital is over, says NatWest chair
“But although the City will remain Europe’s largest financial marketplace, its Golden Age as Europe’s financial capital is over,” said Davies, a former Deputy Governor of the Bank of England and Chairman of the UK Financial Services Authority.
U.K. Flying-Taxi hub aims to develop blueprint for aerial roads
The project, backed by 1.2 million pounds ($1.7 million) of government funds, involves construction of a centrally located hub that will host demonstration flights across the city of almost 400,000 people, according to Ricky Sandhu, founder of Urban-Air Port, which will operate the ground infrastructure.
U.K. is pushing for G-7 to adopt mandatory climate reporting
Under the proposals, the biggest companies would report annually on their exposure to risks and opportunities presented by climate change. It would follow guidelines set out in 2017 by the Task Force on Climate-Related Financial Disclosures.