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Here is a masonry blog layout with no sidebarThe trade secret minefield: What workers risk when changing jobs
Companies have sought to protect increasing amounts of private information such as formulas and processes from leaving their walls by deeming them trade secrets.Disputes over whether something is a trade secret often hinge on whether others in the field know about it and whether it is independently valuable.
“The line is often drawn by the company you’re leaving, and they often declare things to be trade secrets that aren’t trade secrets,” said Ed Swanson, a San Francisco criminal defense attorney.
Oneglobal Broking sets up Asian operation in Hong Kong
Jonathan Palmer-Brown,cairman, Oneglobal commented, “This is an exciting moment for Oneglobal as we extend our reach into Asia. I’m proud that we are one of the first broking businesses in Hong Kong to be authorised by the Insurance Authority, which is testament to our strong business plan and outstanding leadership. Anthony Langridge is known to many Asian business leaders and his appointment is a vital building block in our campaign to grow across Asia, which will see new colleague and location announcements in the coming months.”
Zydus Cadila’s COVID-19 vaccine candidate found safe in early-stage human trial
Zydus plans to complete late-stage trials for ZyCoV-D by February or March and could produce up to 100 million doses a year initially, the company’s chairman told Reuters last month.
India reported a daily jump of more than 50,000 coronavirus infections for the seventh straight day on Wednesday.Total cases now stand at 1.91 million, the third biggest, after the United States and Brazil
The Pandemic workday Is 48 minutes longer and has more meetings
The researchers compared employee behavior over two 8 week periods before and after Covid-19 lockdowns. Looking at email and meeting meta-data, the group calculated the workday lasted 48.5 minutes longer, the number of meetings increased about 13% and people sent an average of 1.4 more emails per day to their colleagues.
“People have adjusted their work patterns,” said Jeff Polzer, a professor in the organizational behavior department at Harvard Business School, one of the study’s five co-authors.
Construction sector sees significant increase in insurance premiums:Mactavish
Bruce Hepburn, CEO, Mactavish said: “Some of these problems are also affecting other sectors, but there are two factors that make them particularly challenging for construction companies. The first is the difficulties posed to the sector by the end of lockdown and return to work,which are far from straightforward on active construction sites. The second is the way in which commercial contracts create a complex web of liabilities and obligations across contractors, sub-contractors and other elements of the supply chain.”
90% of recovered COVID-19 patients in Wuhan suffering from lung damage:report
According to the first phase results, 90 per cent of the patients” lungs are still in a damaged state, which means their lungs ventilation and gas exchange functions have not recovered to the level of healthy people, state-run Global Times reported.
Some recovered patients have to rely on oxygen machines even three months after being discharged from the hospital, Liang Tengxiao, a doctor from the Dongzhimen Hospital, Beijing University of Chinese Medicine, was quoted as saying by the report.
Initial investigations point to negligence as cause of Beirut blast, source says
The explosion killed more than 100 people,affected 3,00.000 people and caused an economic losses of $ three billion
The prime minister and presidency have said that 2,750 tonnes of ammonium nitrate, used in fertilisers and bombs, had been stored for six years at the port without safety measures.“It is negligence,” the official source told Reuters, adding that the issue on storing the material safely had come before several committees and judges and “nothing was done” to order the material be removed or disposed of,
Let Ayushman Bharat guide states to fix the cost of Covid -19 treatment,Centre to SC
Indian pharma majors race ahead to launch affordable drugs for Covid-19 treatment
Drug major Cipla is working with government agencies to develop a treatment for COVID-19 while ramping up the production of various life saving essential drugs, according to company’s chairman YK Hamied.
Drug firm BDR Pharmaceuticals on Wednesday said it has launched its antiviral drug Favipiravir for the treatment of COVID-19 patients in India at a price of Rs 63 per tablet.
Lupin on Wednesday announced the launch of its Favipiravir drug under the brand name ‘Covihalt’ for the treatment patients with mild to moderate COVID-19 symptoms at Rs 49 per tablet in India.
Reliance Industries now the second biggest brand globally after Apple
One of the most profitable companies in India, Reliance is, “very well respected” and “seen as behaving ethically” as well as being associated with “growth”, “innovative products” and “great customer service”, it said. “In particular, people have a strong emotional connection with the organisation.”
FutureBrand, which is a global brand transformation company, said part of Reliance’s success could be attributed to Mukesh Ambani’s recasting of the firm as a one-stop-shop for Indians.
COVID-19 tally rises to 18,55,745, recoveries cross 12-lakh mark in India
The death toll due to COVID-19 climbed to 38,938 with 803 fresh fatalities being reported in 24-hours, the data updated at 8 am showed.
A total of 12,30,509 people have recovered, while there are 5,86,298 active cases of coronavirus infection in the country presently.
The recovery rate among COVID-19 patients has risen to 66.31 per cent, while the fatality rate has further dropped to 2.10 pc, the data stated.
Lloyd’s appoints new Country Manager for Singapore
“Lloyd’s Asia is a key distribution hub for the Lloyd’s market in Asia Pacific, providing our brokers and clients in the region with local access to the specialist products and expertise we are renowned for. I am looking forward to working closely with our market to support their development plans and introducing solutions developed under The Future at Lloyd’s strategy as we continue to be the platform of choice for specialist (re)insurance in the region.”
Pavlos Spyropoulos,Country Manager, Singapore and CEO, Lloyd’s Asia
Insurers face possible British action over calculation of pandemic payouts
Some insurers were making deductions for government loans – which businesses had received as a result of the pandemic – when calculating payouts.
The FCA said this could be appropriate but insurers should not take a one-size-fits-all approach and make uniform deductions.
The Financial Conduct Authority (FCA) has taken eight insurers to court over business interruption policy wordings, which the insurers say do not cover the pandemic, with a ruling expected in mid-September.
But the case does not address how any resulting claims payments would be calculated, the FCA said on Monday.
Aviation sector has biggest pandemic default risk:insurance survey
Pandemic-related credit insurance claims are, however,likely to rise later this year or early next year, as businesses struggle to stave off default, said Matthew Solley, managing director of structured credit and political risks at Gallagher.
Aviation, oil and energy, and tourism were the three sectors in their portfolios that concerned insurers the most.
Disburse pension to elderly on time; provide PPE, face masks to people in old age homes:SC
A bench headed by Justice Ashok Bhushan said this while hearing a plea filed by former Union minister and senior advocate Ashwani Kumar who said that at the time of the pandemic, it is necessary that pension to elderly reaches them on time.
Kumar told the top court that crores of elderly people are living alone and appropriate direction should be issued that pension reaches to those, who are already identified and eligible for it, on time.
Are pharma companies are trying to profiteer from Covid-19 vaccines
If a vaccine proves too expensive or difficult to obtain, those who seek exorbitant profits off of it will be scrutinized far more closely than bankers were after the 2008 crash. Actions like those that have already allowed insiders to pocket $80 million will provoke public revulsion, even if those trades were pre-scheduled. Calls to regulate sectors that take for granted intellectual property protections will grow exponentially. Those demands won’t be fanatical or radical, but mainstream.
India ‘flying blind’, needs better data collection to control Covid-19
India’s death registration data was patchy even before the virus struck. The vast majority of deaths, especially in rural villages, take place at home and routinely go unregistered. For others the cause of death listed is often anodyne — old age or heart attack. Experts believe that only between 20 per cent-30 per cent of all deaths in India are properly medically certified.
Life insurers can issue e-policies in 2020-21:IRDAI
The life insurers have to confirm the date of receipt of electronic policy document by the policyholder through PIVC or other means and preserving the proof so that free look period may be calculated from that date and 30 days free look period should be allowed for all such electronic policy documents, said the IRDAI