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China’s top financial watchdog blasts ‘State Monopoly’ accusation

China has come under greater international pressure in recent years to reduce industrial subsidies after the U.S., Europe and Japan agreed to push for stronger World Trade Organization rules against market-distorting government aid. The state domination of the economy was also meant to be a topic in the “Phase 2” trade deal talks with the U.S.

At least five mine workers killed in blast in southern India

Karnataka, home to the tech hub of Bengaluru, has vast mineral deposits and stone quarries, but the safety of mine workers has remained a concern.Karnataka Chief Minister B.S. Yedyurappa said five people were confirmed dead and three people including the owner of the quarry had been detained and an investigation was ongoing.

Chinese scientists develop gene therapy which could delay ageing

The method, detailed in a paper in the Science Translational Medicine journal earlier this month, involves inactivating a gene called kat7 which the scientists found to be a key contributor to cellular ageing.

The specific therapy they used and the results were a world first, said co-supervisor of the project Professor Qu Jing, 40, a specialist in ageing and regenerative medicine from the Institute of Zoology at the Chinese Academy of Sciences (CAS).

“Reputational risks could result in potentially crippling business outcomes” :Willis Towers Watson Survey

Scott Burnett, Head of Corporate Risk & Broking Asia and Head of Asia, Willis Towers Watson, said “Loss of income and reduced customer bases are usually the main issues that businesses face following reputational damage. However, the impact of reputational damage can be felt across a business, from recruitment and retention of talent to lower environmental, social and governance (ESG) score, investor activism and increased industry litigation. Reputational risk is therefore increasingly of concern to our clients with most Risk Mangers now having some responsibility for risk mitigation in this area.

COVID-19 active caseload further dips to 1.81 per cent of total cases

”Following the national trend of consistent decline in the active cases, 17 states and UTs have cases per million population lower than the national average. India’s cases per million population stand at 7,689,” the ministry said.

Kerala, Maharashtra, Uttar Pradesh, Karnataka and West Bengal account for 73 per cent of the total active cases in the country.

U.S. agency orders Ford to recall 3 million vehicles over air bags

The defect, which leads in rare instances to air bag inflators rupturing and sending potentially deadly metal fragments flying – especially after long-term exposure to high humidity – prompted the largest automotive recall in U.S. history of more than 67 million inflators. Worldwide, about 100 million inflators installed by 19 major automakers have been recalled.

 Massachusetts Governor vetoes sweeping climate change Bill

A highlight of the bill is the goal of attaining a net-zero greenhouse gas emission limit by 2050 in part by setting new statewide limits every five years to help the state reach the goal.

The bill would also increase requirements for purchasing offshore wind energy and write into state law the criteria used to define “environmental justice populations” – communities with lower incomes, larger numbers of non-English speaking adults, or with a nonwhite population of 25% or more.