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Meta targeted in privacy complaints by EU consumer groups
"Surveillance-based business models pose all kinds of problems...
US says to investigate national security data risks from Chinese vehicles
"China's policies could flood our market with its vehicles, posing...
Coal baron seeks US benefits to treat his black lung disease:Report
Murray, an ally of President Donald Trump, filed a claim with the Department of Labor seeking to access federal benefits to treat his disease, which is caused by prolonged exposure to coal dust, Ohio Valley ReSource, a National Public Radio affiliate, reported on Thursday.
The Black Lung Disability Trust Fund is funded through a $1.10 per ton excise-tax on production of underground coal but runs a massive debt and is at risk of insolvency, according to the U.S. General Accountability Office.
Headwinds for Google as rivals, customers criticise Fitbit concessions
Alphabet’s Google last week offered to restrict the use of Fitbit data for Google ads and to monitor the process closely.
It also offered to make it easier for rival makers of wearables to connect to the Android platform by offering them access to Android software (API), and said third parties would continue to have access to Fitbit users’ data with their consent.
Oxford University Covid-19 vaccine could be rolled out within 6 months: Report
Under a protocol developed by the UK’s Joint Committee on Vaccination and Immunisation, any approved vaccine will then be given to all over 65s, followed by younger adults at higher risk, which could include those from ethnic minorities as well as those with serious health issues based on their higher risk from the deadly virus. People over 50 will be next in line, with younger adults at the back of the queue.
Changi airport, world’s best, warns of ‘daunting’ future in raging pandemic
According to the International Air Transport Association, 25 million jobs are at risk in airlines and associated businesses such as travel and tourism. A third of the world’s 26,000 passenger jets remain grounded, parked in deserts or lined up in rows along the tarmac, aviation data provider Cirium says.
Over 7,500 finance jobs have left UK for Europe
The EU has said it will only offer selective access for the City of London’s range of financial services under its “equivalence” system, under which access is only allowed if Britain’s finance regulations are equivalent to the EU’s.
“The time has now passed for firms to rely on short term equivalence assessments that would align to EU rules, and the sector’s attention is increasingly focused on the longer-term outlook,” Ali said.
White Mountains to acquire majority stake in Lloyd’s insurer Ark
Ark is a leading Lloyd’s platform well positioned to take advantage of the hardening market in property & casualty insurance. Founded in 2007 by Ian Beaton and Nick Bonnar, Ark manages the underwriting of syndicates 4020 and 3902 at Lloyd’s. The syndicates underwrite a diversified and balanced portfolio of reinsurance and insurance, including property, accident & health, energy, marine and political risks.
COVID-19 vaccine rollout unlikely before fall 2021, experts say
“Experts in our survey offered forecasts on vaccine development that were generally less optimistic than the timeline of early 2021 offered by US public officials,” Jonathan Kimmelman, a professor at McGill University, said in a statement.
“In general they seem to believe that a publicly available vaccine next summer is the best-case scenario with the possibility that it may take until 2022,” said Kimmelman, the senior author on the paper published in the Journal of General Internal Medicine.
New global lab network will compare COVID-19 vaccines head-to-head
Speaking to Reuters ahead of announcing the labs involved, Melanie Saville, director of vaccine R&D at the Coalition for Epidemic Preparedness Innovations (CEPI), said the idea was to “compare apples with apples” as drugmakers race to develop an effective shot to help control the COVID-19 pandemic.
IFAD becomes first UN fund to receive a credit rating, providing a boost to the world’s poorest people
This sets the stage for increased investments in food security, employment, and rural economic growth, and is an important step towards the achievement of the Sustainable Development Goals (SDGs).
IFAD-supported projects and programmes are funded through contributions from its 177 Member States, investment income and reflows, as well as cofinancing from other sources.
With Official Development Assistance (ODA) under pressure in recent years, IFAD has been exploring new funding models to help it double its impact on reducing poverty and hunger by 2030, and meet the changing needs of borrowing countries.
Microsoft says Russia behind most nation-state cyber-attacks
Microsoft Corp. has issued 13,000 alerts about nation-state hacking attempts to its customers in the last two years, with 52% of incidents between July 2019 and June 2020 related to Russian hackers — whose targets have ranged from elections to the Olympics, according to a report published Tuesday. Iran was responsible for a quarter of the alerts while China was responsible for 12%. The remainder of the nation-state activity observed by Microsoft came from North Korea and other countries.