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AstraZeneca acknowledges potential link between vaccine and rare blood clots in UK court
The Daily Telegraph' reports that in a legal document submitted to...
WHO says bird flu risk currently low, asks countries to remain vigilant
The UN-agency said countries should implement infection control...
China launches first class-action lawsuit in war against corporate fraud
China introduced the class-action mechanism to capital markets last year as part of efforts to crack down on corporate malfeasance and bolster investor confidence.
Although corporate fraud is not uncommon in China, retail investors have historically had little chance to make their voices heard. Small investors often likened legal action to ants fighting elephants.
Hong Kong bans flights from India, Pakistan and the Philippines for 2 weeks
Airlines impacted by Hong Kong’s ban on travellers from India, Pakistan and the Philippines include carriers such as Cathay Pacific, Hong Kong Airlines, Vistara and Cebu Pacific
UN warns of climate ‘abyss’ as 2020 confirmed as one of 3 hottest years on record
The ‘State of the Global Climate’ report confirms its preliminary findings, including on land and ocean temperatures, and comes ahead of a U.S.-led summit on April 22-23 where Washington will seek to restore its credibility on climate change through fresh pledges.
IBM flags more cyber attacks on COVID vaccine infrastructure
The campaign is targeting organizations associated with the COVID-19 vaccine “cold chain” – the process needed to keep vaccine doses at extremely cold temperatures as they travel from manufacturers to recipients.
Covid-19 will leave deep scars in world economy even after recovery
While $26 trillion worth of crisis support and the arrival of vaccines have fueled a faster recovery than many anticipated, the legacies of stunted education, the destruction of jobs, war-era levels of debt and widening inequalities between races, genders, generations and geographies will leave lasting scars, most of them in the poorest nations.
How the Kremlin provides a safe harbor for ransomware
On Thursday, as the U.S. slapped sanctions on Russia for malign activities including state-backed hacking, the Treasury Department said Russian intelligence has enabled ransomware attacks by cultivating and co-opting criminal hackers and giving them safe harbor. With ransomware damages now well into the tens of billions of dollars, former British intelligence cyber chief Marcus Willett recently deemed the scourge “arguably more strategically damaging than state cyber-spying.”
Global Covid-19 caseload tops 139.6 mn, death toll surge past 2.99 million
The US is the worst-hit country with the world’s highest number of cases and deaths at 31,575,138 and 566,212, respectively, according to the CSSE.
In terms of infections, India follows in the second place with 14,291,917 cases.
Climate scientists swap fieldwork for high-paid finance jobs
Asset manager Schroders said it has more than 10 staff with scientific backgrounds in its insurance-linked securities team, including people with PhDs in climatology. Its sustainable investing team has grown by four people to 22 in the last year and is planning further expansion.
The British want to clean up outer space
John Auburn, Astroscale’s managing director and group chief commercial officer in the UK, says that not only could this make space safer, but it could also reinvigorate his country’s space sector. “What the UK industry is pushing now is a complete end-to-end debris removal mission,” he says. “This would be the ultimate post-Brexit space mission.”
Lloyd’s Lab announces its sixth cohort with a focus on product simplification and climate
For the sixth cohort, the InsurTech start-ups have been selected based on solutions geared towards four key themes: climate change and decarbonisation; geopolitics; data and models; and claims support services. The teams will explore how they can support Lloyd’s customers around the world by creating simpler products capable of responding quickly in the aftermath of a disaster.