The startup earlier in the day was also hit by outages on its...
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Auditors get tougher guidelines on judging firms’ environmental claims
The move by the International Auditing and Assurance Standards...
Generali Global Corporate & Commercial forays into India, to deliver customised insurance solutions to corporates
Rob Leonardi, Regional Officer, Generali Asia, said: “India has...
Deloitte sued over alleged role in Singapore trader collapse
Deloitte audited the books of Hin Leong Trading Ltd. for at least 16 years before the firm collapsed last year when founding tycoon Lim Oon Kuin admitted trading losses of $808 million weren’t reflected in the firm’s financial statements, according to a court filing.
NGT forms 3-member committee to evaluate risk over Nayara Energy expansion
“The committee may recommend safety measures to prevent accidents on account of operation of the activities by ensuring proper on-site and off-site emergency plans and hospital backup and awareness in the local residents,” said the bench, also comprising Justice M Sathyanarayanan.
China tells banks, insurers to prepare ‘living wills’ to deal with potential risks
Insurers with no less than 200 billion yuan of total on-book assets at home and abroad should also prepare such plans, it added.
Volkswagen to receive 270 million euro from its D&O Liability insurers in dieselgate settlement
The settlement marks a major milestone in Volkswagen’s efforts to turn a page on its biggest ever corporate scandal, which has cost it more than 32 billion euros in vehicle refits, fines and legal costs so far.
The scandal, which Volkswagen initially blamed on a small number of rogue engineers, also spurred it to launch a huge investment in electric cars.
Gmail blocks more than 100 million phishing attempts daily, says Google
“We are deeply concerned by these trends. Security is the cornerstone of our product strategy. We have dedicated teams like Project Zero who focus on finding and fixing vulnerabilities across the web to make the internet safer for all of us,” said Kent Walker, SVP of Global Affairs at Google.
Astra Covid vaccine linked with small risk of low blood platelets: Study
The increased risk of the condition, known as idiopathic thrombocytopenic purpura (ITP), is estimated to be 11 per million doses, similar to figures seen in vaccines for flu, and measles, mumps, and rubella (MMR), the researchers said.
Meatpacker JBS paid equivalent of $11 mln in ransomware attack
The Wall Street journal reported on Wednesday that the JBS ransom payment was made in bitcoin. The Justice Department on Monday recovered some $2.3 million in cryptocurrency ransom paid by Colonial Pipeline Co, cracking down on hackers who launched the attack.
China-based hackers luring Indians into fake malicious Tata Motors scam
“The campaign is pretended to be an offer from Tata Motors but hosted on the third-party domain instead of the official website of Tata Motors which makes it more suspicious,” the research team said in a statement.
UN-backed report finds no G7-based stock exchange indices align with Paris climate goals
Some 64 per cent of all corporate greenhouse gas emission reduction targets disclosed to CDP last year, were set by companies headquartered in G7 countries, and the annual rate of science-based targets doubled in 2020 versus 2015 to 2019.
Emerging risks set to shape a post-COVID-19 world:Swiss Re
COVID-19 to worsen income inequality; growth in the global middle class slowed and poverty levels rose in 2020
• Government support programmes have kept alive unviable zombie companies, leading to increased credit and financial market risks
• Electric vehicles and other decarbonised means of transport can
cut up to 24% of current C02 emissions from fuel combustion