S&P said its base case is that the global banking sector will continue to slowly stabilise as the economic rebound gains momentum and as support is gradually withdrawn. Should a re-intensification of risks occur, this will require more support from public authorities for the real economy.For 11 of the top 20 banking jurisdictions, S&P estimates that a return to pre-Covid-19 levels of financial strength will not occur until 2023 or beyond. For the other nine, it estimates that recovery may occur by year-end 2022.

Progress on tobacco fight, but new nicotine products pose increasing threat

Jul 28, 2021

Of particular concern, new data shows that children who use electronic nicotine delivery systems, such as ‘e-cigarettes’ are up to three times more likely to use tobacco products in the future.

WHO is concerned that these products are often being marketed to children and adolescents by the tobacco and related industries that manufacture them, using thousands of appealing flavours and misleading claims about the products.

New Executive Committee to lead Aon forward

Jul 28, 2021

The Aon executive committee is now responsible for executing on the firm’s four-pronged Aon United Blueprint, which creates new sources of value for clients, delivers more effective client service, drives innovation at scale and ensures a unique and sustaining colleague experience.

Pfizer raises 2021 COVID-19 vaccine sales forecast to $33.5 billion

Jul 28, 2021

The company also said on Wednesday it could apply for an emergency use authorization for a potential booster dose as early as August, reiterating that a booster shot will likely be needed in the future. The raised sales forecast of the vaccine is based on signed deals for 2.1 billion doses, and the company could increase it if it signs additional contracts.

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