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WHO unveils digital health promoter harnessing generative AI for public health
Dr Tedros Adhanom Ghebreyesus,Director-General, WHO S.A.R.A.H.,...
AXA to run cyber risks campaign ahead of Paris Olympics
Nippon Telegraph & Telephone Corp., which provided...
China to leapfrog U.S. as world’s biggest economy by 2028: think tank
“The COVID-19 pandemic and corresponding economic fallout have certainly tipped this rivalry in China’s favour.”
Japan would remain the world’s third-biggest economy, in dollar terms, until the early 2030s when it would be overtaken by India, pushing Germany down from fourth to fifth.
The United Kingdom, currently the fifth-biggest economy by the CEBR’s measure, would slip to sixth place from 2024.
US doctor has severe allergic reaction to Moderna vaccine, says report
A US Food and Drug Administration (FDA) official said last week that the US drug regulator is investigating around five allergic reactions that occurred after people were administered Pfizer and BioNTech SE’s coronavirus vaccine in America.
Meanwhile, amid the new coronavirus strain scare, Moderna has said that it expects the immunity induced by its Covid-19 vaccine would be protective against the variant reported in the UK.
EU trade deal brings little progress for UK’s giant financial sector
The City of London finance hub secured no special treatment, leaving it on a par with arch rival New York 3,500 miles away as the EU seeks to reduce reliance on UK financial services.
Brussels has only granted financial market access, known as “equivalence”, for two financial activities from Jan. 1, when Britain will have left the EU’s single market.
The Bank of England has said there could be disruption in markets if no further access is allowed.
Just minutes after Britain and the EU hailed their agreement on trade, the bloc’s executive said it wanted a “series of further clarifications” on how Britain will diverge from EU rules after Dec. 31.
Another new coronavirus variant found in Nigeria, says Africa CDC
The news comes after Britain and South Africa both reported new variants of the SARS-CoV-2 virus that appear to be more contagious, leading to new travel restrictions and turmoil in markets.
“It’s a separate lineage from the UK and the South African lineages,” John Nkengasong, director of the Africa Centres for Disease Control and Prevention (CDC) told an online news conference from Addis Ababa.
China launches antitrust probe into tech giant Alibaba
It follows China’s dramatic suspension last month of Ant’s planned $37 billion initial public offering, which had been on track to be the world’s largest, just two days before shares were due to begin trading in Shanghai and Hong Kong.
In a strongly worded editorial, the ruling Communist Party’s People’s Daily said that if “monopoly is tolerated, and companies are allowed to expand in a disorderly and barbarian manner, the industry won’t develop in a healthy, and sustainable way”.
1 in 10 gamers have had their ID stolen, $347bn at risk
According to global research by cyber-security firm Kaspersky, a third (33 per cent) of gamers have suffered at the hands of cheats.
According to the 5,031 gamers surveyed across 17 countries, nearly a fifth (19 per cent) have also been bullied while playing.
All of these combined cause stress and anxiety in 31 per cent of the games surveyed.
For companies like Nintendo, Sony and Microsoft, 2020 has been a record-breaking sales year as millions stayed home during the pandemic.
Massive cyberattacks that shook the world in 2020
The biggest of them perhaps came to light towards the end of the year when cybersecurity company FireEye earlier this month revealing that it became a target of hackers who accessed tools that the company uses to test its customers’ security.
According to a report in The Wall Street Journal, suspected Russian hackers installed a malware in the Orion software sold by the IT management company SolarWinds, and accessed sensitive data belonging to several US government agencies, at least one hospital and a university.
“The deal is done”: EU and UK clinch narrow Brexit accord
The details of the accord have yet to be made public, but if the sides have struck a zero-tariff and zero-quota deal, it will help to smooth trade in goods that makes up half their $900 billion in annual commerce.
Laptops, desktop sales see ‘renaissance;’ shortages won’t ease until 2022
Some computers coming to market in the next few months address new needs. They feature better cameras and speakers for video conferencing, analysts said. More models will have a cellular chip, aiding users who can access 4G or 5G mobile signals but not traditional Wi-Fi.
Sam Burd, president at PC maker Dell Technologies Inc, this month said the industry “renaissance” would soon bring devices with artificial intelligence software to simplify tasks like logging on and switching off cameras.
Annual global shipments of PCs, the industry’s collective term for laptops and desktops, topped out at about 300 million in 2008 and recently were sinking toward 250 million. Few expected a resurgence.
But some analysts now expect 2020 will close at about 300 million shipments, up roughly 15% from a year ago. Tablets are experiencing even faster growth.
Insolvencies, cyber threats and ESG scrutiny are top risks for directors and officers in 2021:Allianz
Forthcoming insolvency warnings are among the top concerns for the D&O insurance sector as insolvency is a key cause of D&O claims – insolvency administrators usually look to recoup losses from directors.
According to Euler Hermes, the bulk of insolvencies is still to come through the first half of 2021, with its global insolvency index likely to hit a record high for bankruptcies, up 35% by end of 2021, and with top increases expected in the US, Brazil, China and core European countries such as UK, Italy, Belgium and France.