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Israeli cybersecurity professionals band together amid Gaza war
Israeli information security professionals are banding together to...
Israel to provide $6 billion in aviation war insurance
The guarantee framework will grant Israeli airlines insurance...
Indian economist appointed to key World Bank position on climate change and disaster management in South Asia
In his capacity as World Bank’s Practice Manager for Climate Change and Disaster Risk Management for South Asia, one of the top priorities of Jha will be to encourage and help the South Asia region (SAR) Disaster Risk Management and Climate Change team to connect and collaborate across Global Practice boundaries, the bank said in a statement on Friday.And also to the World Bank to conceive and deliver innovative and high-quality development solutions to respond to client demands and strengthen disaster risk management and climate action in the region, the statement said.
Modi offers Rs 1,000 crore help to cyclone stricken Kolkata, Bangladesh counts cost
Chief Minister Mamata Banerjee said 80 people have died in the cyclone that has caused an economic losses of over Rs 1 lakh crore and requested Modi to treat it as a national disaster.
India plans scrutiny of new portfolio investors from China, Hong Kong:Report
The two sources added New Delhi is also considering the possibility of mandating a so-called “security clearance” from India’s home (interior) ministry for new FPI registrants from these nations.
“We are not saying that any investment would be stopped, we just want to add a layer of vetting to protect the value of our companies,” said one official who has direct knowledge of the discussions.
Confirmed Pakistan’s Airbus A320 Jet Crash death toll at 97 – airline CEO
Airbus said the jet first flew in 2004 and was fitted with engines built by CFM International, co-owned by General Electric and France’s Safran.
French court orders AXA to pay restaurant’s COVID-19 Business Interruption Losses;AXA to appeal
The court said that the administrative decision to close the restaurant qualified for insurance cover as a business interruption loss.
“This means that all companies with the same clause can appeal to their insurers,” Anais Sauvagnac, lawyer of Stephane Manigold, who owns four restaurants in Paris, said.
U.S. to mandate safety management for aircraft manufacturers
Boeing’s safety culture was harshly criticized in January after it released hundreds of internal messages about the development of the 737 MAX, including one that said the plane was “designed by clowns who in turn are supervised by monkeys.”
Total global Covid-19 cases may reach 50 million,644,000 deaths expected in next 4 weeks:AIR Worldwide
“Underreporting is driven by the fact that as much as 60-80 per cent of people infected with COVID-19 may exhibit no symptoms or only mild symptoms and, most likely, do not get tested. The cases of COVID-19 that are reported, therefore, represent at best only 20-40 per cent of the total population. Therefore, in all likelihood, underreporting is substantively higher. Testing more widely in the general population would lead to more accurate numbers of cases and deaths being reported. The projections from the Verisk COVID-19 Projection Tool account for underreporting,”Doug Fullam, director of life and health modeling, Verisk.
World Bank says COVID-19 to push 60 million into poverty; announces $160 billion assistance to 100 countries
“To return to growth, our goal must be rapid, flexible responses to tackle the health emergency, provide cash and other expandable support to protect the poor, maintain the private sector, and strengthen economic resilience and recovery,” Malpass said.
Johnson & Johnson to stop selling talc-based baby powder in U.S. and Canada
J&J faces more than 16,000 lawsuits from consumers claiming its talc products, including Johnson’s Baby Powder, caused their cancer. The majority are pending before a U.S. district judge in New Jersey.
The lawsuits allege that the company’s talc products have been contaminated with asbestos, a known carcinogen. J&J said it “remains steadfastly confident in the safety of talc-based Johnson’s Baby Powder,” citing “decades of scientific studies.”In April, a New Jersey judge ruled that thousands of plaintiffs who allege that J&J’s talc products caused cancer can go forward with their claims, but face limits on what expert testimony will be allowed in trials.
UK’s Covid-19 Support Fund by insurers aims to raise £100 million
The fund is supported by members of the ABI (Association of British Insurers), The British Insurance Brokers’ Association (BIBA), Lloyd’s, and The London Market Group (LMG).