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SEC ramps up hack probe with focus on tech, telecom companies
The probe — aimed partly at determining what the companies may have...
FBI says Alaska Airlines passengers are possible ‘crime victims’
“A criminal investigation can be a lengthy undertaking, and, for...
China, India’s COVID-19 vaccinations to stretch to late 2022: study
While rapid development of vaccines has raised hopes for an end to the year-long pandemic, concerns over unequal distribution have also mounted due to production problems and large bilateral deals between wealthy countries and drug makers.
Augmented automated underwriting ushers in new-age technology in life insurance:Munich Re
Munich Re Automation Solutions has unveiled a blueprint on how augmented automated underwriting will revolutionise customer experience
Two-thirds of world see ‘climate emergency’: UN survey
“Concern about the climate emergency is far more widespread than we knew before,” Stephen Fisher, a sociologist at Oxford who helped design the survey and process the data, told AFP in an interview.
“And the large majority of those who do recognise a climate emergency want urgent and comprehensive action.”
Biden to reopen online health insurance marketplace, ease Medicaid rules
Biden has vowed to restore full access to the healthcare.gov site, which provides a way to get to a federal exchange offering healthcare insurance. The system was created by former President Barack Obama’s sweeping 2010 Affordable Care Act.
Global life insurers impose restrictions, worried about long-term pandemic risks
Life insurers, including Prudential Financial Inc, and Aviva PLC, are now imposing waiting periods before COVID-19 patients, including those who have recovered, can apply for coverage, executives and spokespeople said. Some are also limiting coverage for certain age groups.
Infosys, TCS, Cognizant join WEF coalition to tackle workplace racism
”With just 1 per cent of Fortune 500 companies led by Black chief executives, the need to tackle racial under-representation in business is urgent and obvious,” WEF Managing Director Saadia Zahidi said.
The founding members of the coalition also include AP Moller-Maersk, AlixPartners, AstraZeneca, BlackRock, Bloomberg, Boston Consulting Group, Bridgewater Associates, Centene, Cisco, Cognizant, Dentsu International, Deutsche Bank, EY, H&M, Henry Schein, HP and IKEA.
Pandemic outbreak overtakes Business Interruption as top business risk in China:Allianz Risk Barometer 2021:
In response to heightened BI vulnerabilities, many companies are aiming to build more resilient operations and to de-risk their supply chains.
According to Allianz Risk Barometer respondents, improving business continuity management is the main action companies are taking (62%), followed by developing alternative or multiple suppliers (45%), investing in digital supply chains (32%) and improved supplier selection and auditing (31%).
Covid may take four to five years to end; uncertainties to remain: Singapore Minister
“At some point of time the pandemic will pass, but it may take four to five years before we finally see the end of the pandemic and the start of a post-Covid normal. What will this new post-COVID world look like? No one can tell,” Singapore’s Education Minister Lawrence Wong said.
Global Covid-19 cases surpass 100 million, as US seeks to reset its Covid fight
The widening gap for vaccine supplies between rich and poor countries led both South African President Cyril Ramaphosa and World Health Organization chief Tedros Adhanom Ghebreyesus to lash out at “vaccine nationalism.”
Ramaphosa told the WEF that low- and middle-income countries were being shouldered aside by wealthier nations able to acquire “up to four times what their population needs.”
World on verge of defeating pandemic, says Harsh Vardhan at WHO meet
“In the present context, nowhere is safe until everywhere is safe. At the WHO, we have ensured that the low and middle-income countries have access to safe and effective Covid-19 tests, treatment and vaccine.”
Over the post-Covid world, he said, “The post-Covid world will be filled with challenges. To overcome them, WHO needs to be a trailblazer, empowered to work towards a new vision that allows it to realise its full potential and strengthen health care systems across member nations.”