Less than $1 of every $5,000 of crisis finance goes to low income...
Category:
Risk Management
Latest
Midair collision kills 67 people in the deadliest US air disaster in almost a quarter century
President Donald Trump told a White House news conference that no...
World’s richest people lose $108 bn after tech startup DeepSeek selloff
DeepSeek’s dark-horse entry into the AI race, which it says cost...
3 in 4 Indian workers keen on flexible remote work, says Microsoft report
“As every organisation fundamentally reimagines itself for the hybrid work era, we are collectively learning and innovating on how we will shape the future of work in India. It’s time to embrace work as a frame of mind, not a place you go,” said Rajiv Sodhi, Chief Operating Officer, Microsoft India.
No cyber breach into National Informatics Centre email system, says govt
The email system is “totally safe and secure”, the Ministry of Electronics and IT said while dismissing a report claiming that data breaches in organisations such as Air India, BigBasket and Domino’s had exposed email accounts and passwords of NIC emails to hackers.
Fed-up young workers fear they need offices to save their careers
Despite a majority under 30 saying remote work made them more productive, over half of the survey’s respondents across Europe–ranging in age from 18 to 45–say they feel anxious about a lack of training and career opportunities when thinking long-term about the future of work.
Vaccines don’t prevent COVID but will help in keeping symptoms mild: Sangita Reddy
Highlighting the role of vaccines and timely diagnosis and treatment, she said, “The imp point 2 remember- vaccine dont prevent #COVID BUT help keep symptoms Mild. Timely diagnosis & treatment r key 2 quick recovery”.
Brazilian judge orders Vale to pay victims’ families in 2019 mining disaster
The disaster in Brumadinho, Minas Gerais state, killed 270 people in Brazil’s most deadly mining tragedy has hampered Vale’s performance for two years as it was forced to curb production amid new safety protocols.
Judge Vivianne Celia Ferreira Ramos Correa agreed to the request of the Brumadinho iron mining workers union that the compensation be paid to the estate or heirs of the victims of the disaster, according to the ruling seen by Reuters.
Ships skip Singapore as China congestion snarls supply chain
“The delays have already resulted in pressurizing soaring shipping prices within China due to a lack of containers and increased export demand,” said Josh Brazil, vice president of marketing at project44, a supply-chain intelligence firm. “These high shipping costs are just one factor that may contribute to an additional looming threat to global inflation.”
China’s internet watchdog issues notices to 129 mobile apps for illegally collecting personal info
Popular news aggregation app Jinri Toutiao developed by TikTok owner ByteDance, alongside Tencent-operated Kuai Bao and Tencent News, Sogou News by New York listed Sogou, and Nasdaq-listed Qutoutiao, were among a group of news apps that received an order from the Cyberspace Administration of China on Friday to rectify their data practices within 15 days, the Hong Kong-based South China Morning Post reported.
Indian court deals blow to Amazon, Walmart’s Flipkart in antitrust case
Abir Roy, a lawyer for the Indian trader group Delhi Vyapar Mahasangh, told Reuters the judge’s decision effectively paves the way to restart the investigation against Amazon.com Inc and Walmart’s Flipkart , which has been on hold since February 2020.
When the competition watchdog ordered its investigation, it listed four alleged anti-competitive practices. These were exclusive launches of mobile phones by the e-commerce firms, promoting preferred sellers on their websites, deep discounting practices and prioritising some seller listings over others.
IMA to hold country-wide protest on June 18 against assault of doctors
The Indian Medical Association has termed ”extremely disturbing” a series of violence against doctors in the last two weeks in Assam, Bihar, West Bengal, Delhi, Uttar Pradesh, Karnataka, and other places.
It demanded the implementation of the central hospital and Health Care Professionals Protection Act with IPC and Code of Criminal Procedure (CrPC), standardization and augmentation of security in each hospital, and declaring hospitals as protected zones among others.
719 doctors have lost their lives due to coronavirus in the second wave of the COVID pandemic with Bihar recording the maximum fatalities.
Floods threaten financial system, Denmark says in climate report
The Copenhagen-based bank said that lenders should incorporate climate-related exposure in risk management for their real estate loans.