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GSK, Vir to test antibody for COVID-19 treatment

The new trial, supported by England’s National Health Service, is expected to begin in the first quarter of 2021 at multiple sites across the UK, the companies said in a joint statement. Preclinical data suggested the companies’ monoclonal antibody (mAb) has the ability to clear infected cells and the potential to enhance virus-specific T cell function, which could help treat and/or prevent infection

Coronavirus spurred changes to global workforce to be permanent

The International Labour Organization (ILO) has estimated that the impact of huge job losses worldwide is creating a fiscal gap that threatens to increase inequality between richer and poorer countries.

The ILO estimated that global labour income declined by 10.7 per cent, or $3.5 trillion, in the first three quarters of 2020, compared with the same period in 2019, excluding government income support.

Japan passport most powerful in 2021, Pakistan continues to be in worst category: Report

According to the report released on January 5, Japanese citizens can travel to as many as 191 countries visa-free or visa-on-arrival access to 191 destinations around the world. Singapore is in second place (with a score of 190) and South Korea ties with Germany in third place (with a score of 189).Countries like the United States, the United Kingdom, New Zealand and Switzerland are tied at the seventh position with regard to the most powerful passports in the world with a visa-free score of 185. Australia stands at the 8th position with a visa score of 184.

India ranks 85th in the most powerful passport report with a visa-free score of 58.

Indonesian divers retrieve flight recorder from Jet crash

The black boxes will provide more information on what caused the plane to plunge more than 10,000 feet in a matter of seconds. Both pilots in command of Sriwijaya Air Flight 182 were experienced and the airline has a solid safety record, with no fatal accidents since it was founded in 2003. The 737-500 model itself also has a good safety record.

Some lending apps thrive on India’s Google Play despite policy violations

The rise of smartphones and affordable mobile internet in India has seen a proliferation of hundreds of personal lending apps in recent years. Campaign groups say rapid advances in technology have outpaced authorities and are calling for regulations to be introduced regarding loan tenures and fees.

“There are no clear norms on lending apps in India. Right now they fall in a grey zone,” said Nikhil Pahwa, a digital rights activist and editor of MediaNama, a Delhi-based publication on technology policy.

China, Vietnam shown there is way of dealing with pandemic even in absence of vaccine: IMF

“I think China, but not only China, but other countries in Asia, look, for example, at Vietnam, have shown that there’s a way of dealing with a pandemic even in the absence of a vaccine, that will allow the economy to get back, at least close to normal operating capacity by learning how to deal with local outbreaks,” Berger told reporters during a conference call.

Aon launches fuel price insurance product for shipping and aviation industries

Backed by AAA-rated credit insurance, the coverage will be activated if the cost of fuel rises and exceeds an agreed limit. The policy will cover the difference between the agreed price and the higher price, paid out monthly, to help companies manage their fuel cost exposure and avoid significant spikes in market price.

India’s COVID-19 caseload rises to 1,04,66,595 with 16,311 fresh infections

The number of people who have recuperated from the disease surged to 1,00,92,909, pushing the national COVID-19 recovery rate to 96.43 per cent, while the case fatality rate was recorded at 1.44 per cent

The COVID-19 active caseload remained below three lakh. There are 2,22,526 active coronavirus infections in the country which comprise 2.13 per cent of the total caseload, the data stated