The lawsuits are the biggest antitrust cases in a generation, comparable to the lawsuit against Microsoft Corp in 1998. The federal government eventually settled that case, but the yearslong court fight and extended antitrust scrutiny prevented the company from thwarting competitors and is credited with clearing the way for the explosive growth of the internet.

French insurers to freeze premiums for sectors hardest hit by virus

Dec 8, 2020

Under pressure from French Finance Minister Bruno Le Maire,insurers faced the prospect of being hit by a 1.2 billion euro ($1.45 billion) tax if they did not offer to keep premiums steady next year.

Le Maire, who had been concerned some insurers were preparing to hike premiums, said the freeze would benefit hotels, restaurants and bars as well as firms in the tourism, sports, culture and events industries.

Prudence Foundation launches 2nd edition of its Tech Awards to find life-saving technologies for disaster resilience

Dec 8, 2020

Winners will have access to financial support, coaching and networking opportunities to help scale their innovative technology solutions
Since 2000, more than 40 per cent of global disaster events have taken place in the Asia Pacific region, resulting in around 800,000 deaths and affecting 3.2 billion people. This year, the COVID-19 pandemic which has infected more than 11 million people and expected to result in over $2.7 trillion in economic losses[ has magnified the importance of disaster preparedness and collaboration across all sectors in reducing the threat and impact of natural disaster events.

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