According to the Indian Meteorological department, 'Remal' has...
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WHO members hope to conclude global pandemic agreement next week
Negotiations are ongoing for two complementary deals that could be...
Singapore’s Income Insurance targets Asia Pacific expansion
Established in 1970, Income Insurance serves about 1.7 million...
Covid vaccine-makers largely protected on side effects
While some governments will pay compensation due to sufferers, others assume it is the responsibility of the companies even after drug agencies back the vaccines.
In the US, the Public Readiness and Emergency Preparedness Act authorises the health secretary “to limit legal liability for losses relating to the administration of medical countermeasures such as diagnostics, treatments, and vaccines”.
Britain launches expert group to prepare for future pandemics
Launched under Britain’s Presidency of the Group of Seven (G7) rich nations, the Pandemic Preparedness Partnership (PPP) will report to the G7 leaders summit in June, and will advise on how to achieve Prime Minister Boris Johnson’s target of developing vaccines against future diseases within 100 days.
J&J, other drugmakers go to trial in US in $50 bn case over opioid abuse
Populous counties like Santa Clara, Los Angeles and Orange accuse Johnson & Johnson, Teva Pharmaceutical Industries Ltd, Endo International Plc and AbbVie Inc’s Allergan unit of fueling a drug crisis that according to the U.S. government resulted in nearly 500,000 opioid overdose deaths over two decades.
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.