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Here is a masonry blog layout with no sidebarVolatile markets, US lawsuits, ESG issues and SPACs create new risks for managers:Allianz
“The actions and culture of organizations and their directors and officers are coming under heightened scrutiny from a wide range of stakeholders, with litigation risk a primary concern,” says Shanil Williams, Global Head of Financial Lines at AGCS London/New...
38℃ record Arctic temperature confirmed, others likely to follow: WMO
The furnace-like conditions also contributed to 2020 becoming one of the three warmest years on record, the WMO spokesperson explained, adding that the Siberian heatwave "would have been almost impossible without climate change". UN : A new and disturbing high...
Google says employees flouting vaccination rules will eventually be fired – CNBC
Employees who have not complied with the vaccination rules by Jan. 18 will be placed on "paid administrative leave" for 30 days, CNBC reported, followed by "unpaid personal leave" for up to six months and termination. Alphabet Inc's Google told its employees they...
HSBC says clients must have plan to exit coal by end-2023
Under its plan, HSBC will cut exposure to thermal coal financing by at least 25% by 2025 and 50% by 2030, although non-EU or non-OECD-based clients could be funded until a global phase-out by 2040, its sustainability chief told Reuters HSBC said its new policy would...
What the PM Modi Twitter breach tells us about hackers
The world might not be so lucky next time. A few hacks of Twitter has proven to the rest of the community that this is a target with vulnerabilities, and others — possibly with state backing or terrorist links — will think of better ways to abuse that weakness than...
Vedanta committed to decarbonise its aluminium business ops
''We are committed to the decarbonisation of our operations in the long term…As…aluminium producer, we are unrelenting in our pursuit of excellence in all aspects of business, including Environment, Social and Governance (ESG),'' Sharma said. New Delhi: Vedanta Ltd on...
Pfizer Covid pill nearly 90% effective, works on Omicron, shows lab data
77 countries have now reported cases of Omicron & the reality is that Omicron is probably in most countries, even if it hasn’t been detected yet. Omicron is spreading at a rate we have not seen with any previous variant, said Tedros Ghebreyesus,...
MoF issues new norms for closure or privatisation of PSUs in non-strategic sectors in time bound manner
The entire process has to be completed in seven months after the decision about any PSU is taken by the Cabinet Committee on Economic Affairs(CCEA) Except Atomic Energy, Space, and Defence Transport and Telecommunication, Power, Petroleum, Coal, and Other Minerals,...
Global insured Cat losses rise to USD 112 billion in 2021, the fourth highest on record: Swiss Re
The two costliest natural disasters of the year were both recorded in the US. Hurricane Ida wreaked USD 30 – 32 billion in estimated insured damages,including flooding in New York, and winter storm Uri caused USD 15 billion in insured losses, ”In 2021, insured losses...
Lok Sabha members ask govt to prepare to deal with challenges posed by Omicron
Raising the issue in the Lok Sabha, Congress leader Adhir Ranjan Chowdhury said India has already reported 41 cases of Omicron variant and the government should begin preparations of every kind to deal with the challenge New Delhi: Lok Sabha members on Tuesday...
Serum Institute to launch COVID vaccine for children in six months: Poonawalla
''We haven't seen a lot of severe disease in children. Fortunately, the panic is not there for children. However, we will be launching a vaccine in six months for children, hopefully down to the age of three.Covovax is under trial and has shown excellent data all the...
Canada finds community spread of new coronavirus variant Omicron
"We are seeing community transmission, possibly in its early stages, but this can rapidly escalate in the days to come," Canada's Chief Public Health Officer Theresa Tam said at a press conference in Ottawa. There is a community spread of the Omicron variant in Canada...
India to produce 5 billion Covid vaccine doses next year: Piyush Goya
“So far this year, we have already administered 1.33 billion doses. We are manufacturing for exports as well. We will export as many doses as other nations need.” “Next year, we plan to produce 5 billion doses,” Goyal said India plans to ramp up its Covid vaccine...
Korea to test AI-powered facial recognition to track COVID-19 cases
Rules say patients must give their consent for the facial recognition tracking to be used, but even if they don't consent, the system can still track them using their silhouette and clothes, the official said. The Korea Disease Control and Prevention Agency (KDCA)...
Powerful quake strikes Indonesia; residents flee into streets
Alfons Hada Betan, head of East Flores Disaster Mitigation agency in Larantuka said there were no immediate reports of damage and the quake was felt for several minutes as people fled from their homes.People said on social media the earthquake was also felt strongly...
Widely used software with key vulnerability sends cyber defenders scrambling
The vulnerability, known as Log4j, comes from a popular open source product that helps software developers track changes in applications that they build. It is so popular and embedded across many companies' programs that security executives expect widespread abuse....
ADB trims developing Asia’s growth forecasts over Omicron risks
China's economy, which staged an impressive rebound from last year's pandemic slump, has lost momentum in recent months as it grapples with surging prices, a slowing manufacturing sector, debt problems in the property market and persistent COVID-19 outbreaks. MANILA:...
Recording wife’s phone conversation without her knowledge is infringement of privacy: HC
The court of Justice Lisa Gill passed the order last month on a plea filed by a woman who challenged a 2020 order of the Bathinda family court. Chandigarh: Recording of wife’s telephonic conversation without her knowledge is infringement of her privacy, the Punjab and...