Lee Yuan Siong,group chief executive and president, AIA ``In every...
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Staff warned off whistleblower hotlines, says global survey
Against a backdrop of geopolitical and economic challenges, more...
ECB cuts rates even as inflation fight goes on, first time since 2019
Christine Lagarde,President,ECB "We are not pre-comitting to a...
Tragic Covid-19 situation in India should raise alarm bells for all of us: UNICEF
“Family members of patients are pleading for help as the region reels under an acute shortage of medical-grade oxygen. Exhausted health workers are being pushed to the brink of collapse. We are faced with a real possibility that our health systems will be strained to a breaking point – leading to even more loss of life.”
‘Human catastrophe’ as India’s Covid-19 surge spreads to Nepal
“What is happening in India right now is a horrifying preview of Nepal’s future if we cannot contain this latest Covid surge that is claiming more lives by the minute,” said Netra Prasad Timsina, chair of the Nepal Red Cross.
Aon forms EMEA M&A and Transaction Solutions Advisory Board to support growth and expansion of M&A practice
The new advisory board will support the growth and development of Aon’s M&A practice across the UK and EMEA, as it continues to expand its client offerings to include solutions for intellectual property, cyber security and digital performance, retirement, benefits, talent and compensation, structured credit, tax and litigation risks, ESG and more.
U.S. reverses stance, backs giving poorer countries access to COVID vaccine patents
Pharmaceutical companies working on vaccines have reported sharp revenue and profit gains during the crisis. The industry’s biggest lobby group warned that Biden’s unprecedented step would undermine the companies’ response to the pandemic and compromise safety.
EU seeks India’s support for plastics treaty, draft summit statement says
The draft statement said the EU and India would hold regular meetings to increase collaboration in areas including renewable energy, energy storage technology, and modernizing power grids. India aims to have 450 gigawatts (GW) of renewable energy generation capacity by 2030, roughly five times the 93GW it has today.
Germany aims for net zero emissions by 2045, 5 years early
The government was forced to rework its plans after Germany’s highest court ruled last week that existing legislation risks placing too much of a burden for curbing climate change on younger generations.
WTO mulling intellectual property waivers for vaccines
The argument, part of a long-running debate about intellectual property protections, centers on lifting patents, copyrights, and protections for industrial design and confidential information to help expand the production and deployment of vaccines during supply shortages. The aim is to suspend the rules for several years, just long enough to beat down the pandemic.
The issue has become more pressing with a surge in cases in India, the world’s second-most populous country and a key producer of vaccines, including one for Covid-19 that relies on technology from Oxford University and British-Swedish pharmaceutical maker AstraZeneca.
Debris from China space rocket likely to fall in international waters -Global Times
“All debris can be potential threats to spaceflight safety and the space domain,” the Pentagon said, adding that the 18th Space Control Squadron in California would be offering daily updates on the rocket body’s location from May 4. The White House said the United States was committed to addressing the risks of congestion due to space debris and wants to work with the international community “to promote leadership and responsible space behaviors.”
Markel Singapore appoints financial lines underwriter
Joe will underwrite a range of financial lines products, including Cyber, Commercial D&O, Professional Indemnity, Financial institutions, and Financial technology.
Pfizer lifts sales forecast for coronavirus vaccine to $26 billion
The raised goal assumes 1.6 billion doses of vaccine, which is co-developed with BioNTech SE, will be delivered in the year, with the two-shot vaccine emerging as the best-selling product for the U.S. drugmaker in the first quarter.
“Based on what we’ve seen, we believe that a durable demand for our COVID-19 vaccine – similar to that of the flu vaccines – is a likely outcome,” Chief Executive Albert Bourla said in his prepared remarks.