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World Population in 2100 could be 2 bn below UN projections: Study

“These forecasts suggest good news for the environment, with less stress on food production systems and lower carbon emissions, as well as significant economic opportunity for parts of sub-Saharan Africa,” lead author Christopher Murray, director of the Institute for Health Metrics and Evaluation (IHME) at the University of Washington, told AFP.

“However, most countries outside of Africa will see shrinking workforces and inverting population pyramids, which will have profound negative consequences for the economy.”

Positive news on Oxford/AstraZeneca COVID-19 vaccine could come Thursday:report

AstraZeneca’s experimental vaccine is probably the world’s leading candidate and most advanced in terms of development, the World Health Organization’s chief scientist said in June.

The company has signed agreements with governments around the globe to supply the vaccine should it be cleared for use.

Google backs Reliance’s Jio Platforms with $4.5 billion India investmen

The deal with Google will bolster Reliance’s tech ambitions, such as building smart homes, using solutions similar to Amazon.com Inc’s Alexa voice assistant, connected cars and security systems.

Jio and Google will also partner to built a low-cost “4G or even 5G smartphone” for India, Ambani said, in a move that is likely to get tens of millions of Indians to use mobile internet for the first time.

‘Tough day’ for Twitter after hack targets tycoons,stars,politicians

Shares in the social media company tumbled almost 5% in trading after the market close before paring their losses.

In the hours after the initial breach, some of the platform’s biggest users appeared to be struggling to re-establish control of their accounts. In the case of billionaire Tesla Chief Executive Elon Musk, for example, one tweet soliciting cryptocurrency was removed and, sometime later, another one appeared, and then a third.

Among other high profile accounts affected: rapper Kanye West, Amazon founder Jeff Bezos, investor Warren Buffett, Microsoft co-founder Bill Gates, and the corporate accounts for Uber and Apple . Several accounts of cryptocurrency-focused organizations were also hijacked.

Google ties more work tools into Gmail, aiming to get ahead of Microsoft

Google has been trying for more than a decade to catch up with Microsoft Corp’s Office, which dominates the global market for corporate email and document-editing tools.

Both companies have been adding video-calling features and other collaboration tools to attract new business from companies operating from home during the pandemic.

Willis appoints Fabien Conderanne as Regional Head of Financial Solutions in Asia Pacific

Scott Burnett, Head of Asia and Head of Corporate Risk and Broking for Asia at WTW adds, “We now live in extraordinary times where the relevance of our solutions and services to our clients has never been more urgent. We invest the time and resources to understand each client’s business, as well as the economic and credit risks that arise from operating in a world where geopolitical threats and regulations are in constant flux. Fabien’s appointment reflects both a commitment to grow our talent and support our clients so that they can build resilience, wherever they operate in Asia.”

India’s COVID-19 tally crosses 9 lakh with 28,498 fresh cases; death toll climbs to 23,727

The march of coronavirus infection in the country has picked up pace with the number of cases increasing by more than 26,000 for the fifth consecutive day. It took 110 days for the COVID-19 cases in the country to reach one lakh and just 56 days more to go past the nine-lakh mark.
Around 63.02 per cent of patients have recovered so far.

Six Harvey Weinstein accusers call $18.9 million New York settlement a ‘cruel hoax’

In a Manhattan federal court filing, the six women said accusers would receive just $11.2 million after deducting legal fees and costs, with typical awards of just $10,000 to $20,000, while shielding the defendants’ insurers from big payouts.

They also complained that the accord “absolved” Weinstein, his brother Bob Weinstein and the board of liability, while setting aside another $15.2 million to help cover their defense costs.

Covid-19 Pandemic:Global reinsurnace capital shrinks by 6 % to $590 bn,tightening of reinsurance capacity expected:AON

Many reinsurers reported losses for the first quarter, driven by asset write-downs and the first installment of claims associated with the effects of the pandemic. The combined pre-tax loss for the 18 constituents of Aon’s Reinsurance Aggregate (‘the ARA’) that reported was USD3.8 billion.The average combined ratio was 103.2 percent, with USD3 billion of COVID-19 related losses recognized.

Human clinical trials for Covid-19 vaccine initiated in India:ICMR

The Drugs Controller General of India (DCGI) has permitted two vaccines — one developed by Bharat Biotech International Limited in collaboration with the Indian Council of Medical Research and another one by ZydasCadila Healthcare Ltd to go in for the first and second phase of human clinical trials.

There are two Indian vaccine candidates that have undergone successful toxicity studies in rats, mice and rabbits and these data was submitted to the DCGI, following which both got clearance to start an early phase human trials earlier this month, Bhargava said at a press briefing.

Govt approves Rs 107 cr for fire-fighting facilities at Haldia Dock

The modern fire-fighting facility will enable Haldia Dock Complex in safe handling of the movement of petro-chemical products, it said.

The existing fire-fighting facility does not support the handling the LPG and other petroleum products as per the guideline of Oil Industry Safety Directorate (OISD) of the Ministry of Petroleum and Natural Gas, it added.

The shipping ministry said it has prioritised safety and security of cargo operation on all major ports and the move is towards compliance of global standards for fire safety.

Network Hospitals have to provide cashless facility to policyholders:IRDAI 

,it is clarified that the policyholders are entitled to cashless facility at all such network providers (hospital) with whom the Insurance company/TPA has entered into an agreement in accordance to the norms of SLA.
In the event of denial of cashless facility at any such enlisted network providers (hospitals) the aggrieved policyholders may send a complaint to the concerned insurance company.

Asian waters account for most shipping losses,global numbers hit record low:AGCS

According to the report, the South China, Indochina, Indonesia and Philippines maritime region remains the top loss location with 12 vessels in 2019 and 228 vessels over the past decade – one in four of all losses. The Japan, Korea and North China region saw 2 vessels lost in 2019 and is the third largest loss location overall with 104 since 2010. High levels of trade, busy shipping lanes, older fleets, typhoon exposure, and safety issues on some domestic ferry routes are contributing factors. However, in 2019, losses declined for the second successive year, mirroring a global trend.

Glenmark cuts price of COVID-19 drug favipiravir version to $1 per tablet

Glenmark last month received Indian regulatory approval to make and sell anti-flu drug favipiravir, which is manufactured under the brand name Avigan by a unit of Japan’s Fujifilm Holdings Corp.

Glenmark had priced FabiFlu at 103 rupees per tablet earlier, making it one of the cheapest COVID-19 treatment available in the country.

“Glenmark’s price reduction aims to make FabiFlu further accessible for COVID-19 patients across the country,” the company said in a statement