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Insured losses from CrowdStrike’s outage likely total $540 million to $1.08 billion, says insurer Parametrix
Fortune 500 firms excluding Microsoft to see $5.4 bln in...
CrowdStrike blames defect in content update for massive IT crash
The incident crashed Microsoft Windows computer systems around the...
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.
WHO says authorised vaccines effective against new variants, but cautions against overseas travel
“Right now, in the face of a continued threat and new uncertainty, we need to continue to exercise caution, and rethink or avoid international travel,” Hans Kluge said, adding that “pockets of increasing transmission” on the continent could quickly spread. The so-called Indian variant, which may be more transmissible, has now been identified in at least 26 of the 53 countries in the WHO Europe region, Kluge said during his weekly press conference.
How Mumbai’s City Officials Made It More Covid-Ready Than Delhi
With a population of 16 million spread across glistening skyscrapers, apartment complexes and sprawling slums, Mumbai is the world’s second-most densely packed city, according to data from the United Nations. About 32,000 people are crammed in per square kilometer. That makes lessons from India’s financial capital particularly valuable as fears grow about outbreaks in other crowded places from Bangkok to Kathmandu.
Howden acquires specialist medical and healthcare broker MPRS
Founded in 2014 by James Dunsby and Chesney Phelps, MPRS is an award-winning insurance broker for medical professionals and healthcare organisations across the UK. It provides accident & health, professional liability, medical malpractice, and commercial combined cover for general practice, private practice and GP federations.