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Profits at Warren Buffett’s firm reach USD 36 billion as stocks surge and its insurance holdings perform well
Warren Buffet,chairman and CEO of Berkshire Hathaway Underwriting...
Heat and wildfires put southern Europe’s vital tourism earnings at risk
US.-based climate technology startup Sensible Weather is developing...
China chemical plant explosion death toll climbs to 44; 32 others critical
The explosion occurred on Thursday following a fire in a fertilizer factory in a chemical industrial park in Yancheng, Jiangsu province, according to the government of Xiangshui county
WHO panel for strong international governance on human genome editing
“Gene editing holds incredible promise for health, but it also poses some risks, both ethically and medically. ” says Dr Tedros Adhanom Ghebreyesus, WHO Director-General.
TB: world’s top infectious disease killer
TB is the world’s top infectious disease killer, claiming 4 500 lives each day. The heaviest burden is carried by communities facing socio-economic challenges, those working and living in high-risk settings, the poorest and marginalized.Since 2000, 54 million lives have been saved, and TB deaths fell by one-third. But 10 million people still fall ill with TB each year, with too many missing out on vital care.
Facing bias claims, Facebook to revamp Its platform for Housing, Jobs, Credit Ads
Facebook, the world’s largest social network with 2.7 billion users and nearly $56 billion in annual revenue, has been on the defensive over its advertising practices, while also fending off privacy scandals and disclosures that Russia used its platform to meddle in the 2016 U.S. presidential election.
US Jury finds Roundup Weed Killer causes Cancer
The case was only the second of some 11,200 Roundup lawsuits to go to trial in the United States. Another California man was awarded $289 million in August after a state court jury found Roundup caused his cancer, sending Bayer shares plunging at the time. That award was later reduced to $78 million and is on appeal.
U.S weighs bids for putting Automated Vehicles on roads
he agency also disclosed that Softbank-backed driverless delivery startup Nuro had also petitioned to deploy a limited number of low-speed, highly automated delivery vehicles intended to be operated without any human occupants. For example Nuro, which partnered with Kroger last year to deliver groceries, seeks approval not to include a windshield in the vehicle.
Munich Re aims to boost Ergo insurance business via acquisitions
Munich Re’s share of payouts related to the crash of a Boeing 737 MAX operated by Ethiopian Airlines would likely be between 100 and 120 million euros.
Facebook admits to storing passwords in plain text on internal servers
“To be clear, these passwords were never visible to anyone outside of Facebook and we have found no evidence to date that anyone internally abused or improperly accessed them,” vice president of engineering, security, and privacy Pedro Canahuati said in a blog post.
Health Protection Gaps in EMs:an opportunity for health insurers to serve the most vulnerable
Jad Ariss, Secretary General of The Geneva Association, said: “Healthcare funding is one of the biggest societal challenges of our time and the insurance industry can play a major role in offering sustainable solutions. Health protection gaps in emerging markets require flexible and creative approaches that address the needs of vulnerable people who have so far been denied suitable and affordable access to healthcare.”
New appointments within SCOR Global P&C underscore the group’s deep talent pool
Jean-Paul Conoscente, CEO of SCOR Global P&C2, commented: “Following the organizational changes announced in September 2018, SCOR Global P&C continues to adapt its structure to serve its strategy and be more client-centric. Today’s announcements confirm the depth of our talent pool and our desire to promote the personal and professional development of our existing teams.”.