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El Niño sees African Union Insurance Agency pay out $60 million
El Niño is caused by ocean currents that bring dry and hot weather...
UK tells tech firms to ‘tame algorithms’ to protect children
The plan by regulator Ofcom is one of more than 40 practical steps...
Apollo and Athene to merge in all-stock transaction
The merger of Apollo and Athene combines two growth companies providing products and services that are in high demand – investment returns and retirement income. The stronger capital base and complete alignment will allow the company to rapidly scale asset and liability origination, broaden distribution channels and act as a leading global solutions provider. The company will operate in an environment powered by strong market and demographic trends.
Up to $223b of the world’s top 100 brands’ value could be at risk from a data breach: Finds Infosys-Interbrand Study
Infosys and Interbrand found that industries such as Technology, Financial services and Automotive might suffer a higher overall brand value at risk from data breaches, whereas Luxury brands and Consumer Goods face greater value at risk as a percentage of their net income.
Austria suspends AstraZeneca COVID-19 vaccine batch after death
One 49-year-old woman died as a result of severe coagulation disorders, while a 35-year-old woman developed a pulmonary embolism and is recovering, it said. A pulmonary embolism is an acute lung disease caused by a dislodged blood clot. “Currently there is no evidence of a causal relationship with the vaccination,” BASG said.
Russian, Chinese hackers targeted Europe drug regulator
The Amsterdam-based European drug regulator in December reported a cyberattack in which documents relating to COVID-19 vaccines and medicines were stolen and leaked on the internet.
Covid-19 travel insurance becoming a vacation staple
The market for all types of Covid-19 travel coverage is estimated to be between $30 billion to $40 billion a year, according to travel insurance consultant Robyn Ingle, with companies like AXA and AIG underwriting protection.
Airline bookings are on the rise in some regions, driving cautious hopes of a revival in summer traffic, but also raising fears among tourist destinations of getting hit with bills should vacationers become stranded by the virus.
More than a dozen countries from Aruba to Thailand require Covid-19 coverage for visitors, with Jordan the latest to consider such protections, organizers of an emergency services plan told Reuters.
WHO head wants Covid-19 vaccine patents waived to increase supply
At a press briefing, WHO chief Tedros Adhanom Ghebreyesus said countries with their own vaccine capacity should start waiving intellectual property rights as provided in special emergency provisions from the World Trade Organization.
Saudi Arabia’s bold plan to rule the $700 billion hydrogen market
Hydrogen is morphing from a niche power source — used in zeppelins, rockets and nuclear weapons — into big business, with the European Union alone committing $500 billion to scale up its infrastructure.
As governments and industries seek less-polluting alternatives to hydrocarbons, the world’s biggest crude exporter doesn’t want to cede the burgeoning hydrogen business to China, Europe or Australia and lose a potentially massive source of income.So it’s building a $5 billion plant powered entirely by sun and wind that will be among the world’s biggest green hydrogen makers when it opens in the planned megacity of Neom in 2025.
Speedy variants power virus surge sweeping Europe
Genetic analysis confirmed what officials already suspected: The highly contagious coronavirus variant first identified in England was racing through the community, a densely packed city of nearly 40,000 with a chemical plant and Pirelli bicycle tire factory a 15-minute drive from the heart of Milan.
Air France flight made emergency landing in Bulgaria over disruptive passenger
The passenger, an Indian citizen, began to act up soon after take-off, quarrelling with other passengers, assaulting a flight attendant and pummeling the cockpit’s door, said Ivailo Angelov, an official at the National Investigation Agency.
More than 20,000 U.S. organizations compromised through Microsoft flaw
Tens of thousands of organizations in Asia and Europe are also affected, the records show.More attacks are expected from other hackers as the code used to take control of the mail servers spreads.