The companies also face significant exposure from hundreds of...
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Lloyd’s and UNCDC establish first of its kind disaster resilience vehicle for Small Island Developing States
Initially covering Fiji, Papua New Guinea and Samoa, the vehicle...
Market Crash: Investors poorer by Rs 9.19 lakh cr in single day
"There has been no respite from FIIs selling in local equities in...
Twitter to let some employees to work from home permanently
Tech giants like Facebook Inc and Alphabet Inc’s Google have allowed most of their employees to work remotely until the end of this year.
Aon sets up MGA with world’s largest capacity for Intellectual Property Liability Risks
It is the latest offering from Aon to meet the changing needs of clients’ intellectual property (IP) exposures, especially in this distressed economic environment.Target markets include businesses of all sizes from SMEs to multi-national corporations in North America, Europe, Australia, New Zealand and parts of Asia
-Primary limit of indemnity of up to $100 million (€100 million)
Iran-linked hackers recently targeted coronavirus drugmaker Gilead
Britain and the United States warned this week that state-backed hackers are attacking pharmaceutical companies and research institutions working on treatments for the new disease.
NDMA issues guidelines for restarting industrial activities to avoid Vizag-type tragedy
In a communication to all states and union territories, the NDMA said due to several weeks of lockdown and the closure of industrial units, it is possible that some of the operators might not have followed the established standard operating procedures.To minimise the risk, it is important that employees who work on specific equipment are sensitised and made aware of the need to identify abnormalities like strange sounds or smell, exposed wires, vibrations, leaks, smoke, abnormal wobbling, irregular grinding or other potentially hazardous signs which indicate the need for immediate maintenance or if required shutdown, it said.
Medics grapple with mental trauma on COVID-19 front line
“Burnout, anxiety, depression, or irritability or moral injury, those can easily happen to anyone when you’re exposed to these kinds of circumstances for an extended period of time,” said Major Olli Toukolehto, a psychiatrist at the U.S. military’s 531st Hospital Center who has been deployed to New York.
Psychiatrists at Mount Sinai Hospital in New York City predict between 25%-40% of frontline healthcare workers and first responders in the United States may suffer from post-traumatic stress disorder as a result of their involvement in the outbreak.
Gas leak at LG Polymers plant in Andhra Pradesh kills six, over 120 hospitalised
The commissioner of the Visakhapatnam city corporation said styrene leaked from the plant during the early hours of the morning, when families in the surrounding villages were asleep.
“Hundreds of people have inhaled it and either fell unconscious or having breathing issues,” Srijana Gummalla, Commissioner, Greater Visakhapatnam Municipal Corporation said on Twitter.
Trump administration pushing to rip global supply chains from China: officials
“We’ve been working on [reducing the reliance of our supply chains in China] over the last few years but we are now turbo-charging that initiative,” Keith Krach, undersecretary for Economic Growth, Energy and the Environment at the U.S. State Department told Reuters.
The pandemic has highlighted China’s key role in the supply chain for generic drugs here that account for the majority of prescriptions in the United States. It has also shown China’s dominance in goods like here the thermal cameras needed to test workers for fevers, and its importance in food supplies.
BSE puts in place penalty structure for non-submission of cyber security report
Non-submission of the report after three months will attract disablement of trading terminals across segments after giving two weeks’ notice, the exchange said.
BSE, further, said “disablement notice issued to the member would be shared with all the exchanges for information” and member will be enabled only after submission of the report.
Barclays CEO says ‘putting 7,000 people in a building may be thing of the past’
“There will be a long-term adjustment in how we think about our location strategy…the notion of putting 7,000 people in a building may be a thing of the past,” he told reporters after the bank reported a fall in first-quarter profits.
42% Chief Financial Officers unprepared for second wave of coronavirus worldwide
“As CFOs are attempting to project revenue and profits for 2020, it’s surprising that 42 per cent are not baking a second wave of COVID-19 into any of their scenarios” said Alexander Bant, practice vice president, research, for the Gartner Finance practice on Monday.