Category:

Non-Life

Supply lines at risk as shipping containers topple over at alarming rate

The shipping industry is seeing the biggest spike in lost containers in seven years. More than 3,000 boxes dropped into the sea last year, and more than 1,000 have fallen overboard so far in 2021. The accidents are disrupting supply chains for hundreds of U.S. retailers and manufacturers such as Amazon and Tesla.

There are a host of reasons for the sudden rise in accidents. Weather is getting more unpredictable, while ships are growing bigger, allowing for containers to be stacked higher than ever before. But greatly exacerbating the situation is a surge in e-commerce after consumer demand exploded during the pandemic, increasing the urgency for shipping lines to deliver products as quickly as possible.

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EU asks if Aon rival Gallagher, others are right buyers for assets -sources

Earlier this month, Aon offered to sell assets in five European Union countries, Willis’ reinsurance arm and its German retirement benefits and consulting business, people with direct knowledge of the matter had told Reuters.

The package of concessions to the European Commission also included Willis’ insurance broking activities in France, including French unit Gras Savoye, as well as in Germany, Spain and the Netherlands.

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India adds over 3.60 lakh fresh COVID-19 cases in single day

Maharashtra, Delhi, and Uttar Pradesh are among the 10 states that account for 78.53 percent of the new COVID-19 deaths reported in a day, the Union Health Ministry said on Wednesday
Chhattisgarh, Karnataka, Gujarat, Jharkhand, Rajasthan, Punjab, Madhya Pradesh are the other states in the list of 10.

Maharashtra saw the maximum casualties (895). Delhi follows with 381 daily deaths. The fatalities further include 264 from Uttar Pradesh, 246 from Chhattisgarh, 180 from Karnataka, 170 from Gujarat, 131 from Jharkhand, 121 from Rajasthan, and 100 from Punjab.

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Heart attack may be predicted in chest pain patients with new blood markers

If you have ever suffered chest pain, the possibility of a heart attack may have popped into your head. While chest pain is an important symptom of heart attacks, there are a variety of other conditions that can cause similar symptoms, and many of them are not serious. If a patient presents with chest pain at the hospital, doctors need to quickly determine if a heart attack is a culprit. Early treatment is important in limiting the damage that occurs.

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Europe embraces digital health pass,to face security, fraud, political challenges

The EU Commission plans to award a contract this month for a central system for verifying the digital passes, which will use QR codes that can be scanned into a smartphone app. It will also provide a template to help member countries develop their own apps – though some have already readied their own versions.

There is still no consensus on whether antibody tests provide sufficient proof that a person who has recovered from COVID-19 is immune, sources involved in the efforts say.
Member states also worry about the security of personal information, though the Commission has promised the online certificates will contain minimal data: name, date of birth, the specific health information, its date of issue and a unique identifier code.

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PMO says 551 oxygen generation plants to be set up through PM Cares Fund

These dedicated plants will be established in identified government hospitals in district headquarters in various states and union territories, and their procurement will be done through the Health and Family Welfare ministry.

The PM Cares Fund had earlier this year allocated Rs 201.58 crores for installation of additional 162 dedicated PSA medical oxygen generation plants inside public health facilities in the country, the PMO noted.

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Covid vaccine shortage holds emerging markets back from global rally

“Not only do we have a much slower vaccination program across emerging markets, but worries over debt loads, external vulnerabilities, fiscal prudence, inflation and currency stability will hamper a much stronger recovery post-pandemic,” said Mohammed Elmi, a portfolio manager at Federated Hermes in London. He recommends rotating into countries and assets that benefit from U.S. growth via trade links or exports, such as Mexico.

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