Indian
Adani, Tata AIG, ICICI Lombard among 54 prominent bidders for Reliance Capital
Anil Ambani According to the sources, a majority of the bidders,...
Govt mulls dropping pre-call announcements on phones after 2 yrs of Covid
Official sources said the Department of Telecommunications (DoT)...
Banking services to be hit partially over 2-day nation-wide strike on Monday, Tuesday
A number of public sector banks, including country's largest lender...
Lamborghini sees ‘huge’ opportunity in India with rising number of HNIs
``What we can see in the Indian market is that we have more and...
International
Global coronavirus cases surpass the 40 million milestone
Since the pandemic started, over 1.1 million people have died due to COVID-19, with the global fatality rate hovering around 2.8% of the total cases.
An official at the World Health Organization has said the global death toll from COVID-19 could double to 2 million before a successful vaccine is widely used and could be even higher without concerted action to curb the pandemic.
The United States, India, and Brazil remain the worst affected countries in the world. COVID-19 cases in North, Central, and South America represent about 47.27% or nearly half of global cases.
Around 247 cases are seen per 10,000 people in the United States. For India and Brazil, those numbers stand at 55 cases and 248 cases per 10,000 people respectivel
China’s economic recovery quickens as consumption returns
Policymakers globally are pinning their hopes on a robust recovery in China to help restart demand as economies struggle with heavy lockdowns and a second wave of coronavirus infections.China has partially emerged from a record slump caused by coronavirus shutdowns in the first months of the year.The world’s second-largest economy grew 0.7% in the first nine months from a year earlier, the National Bureau of Statistics (NBS) said.
Airlines’ coronavirus safety analysis challenged by expert
Airlines and planemakers are anxious to restart international travel, even as a second wave of infections and restrictions take hold in many countries.
“With only 44 identified potential cases of flight-related transmission among 1.2 billion travellers, that’s one case for every 27 million,” IATA medical adviser Dr David Powell said in a news release, echoed in comments during the event.
IATA said its findings “align with the low numbers reported in a recently published peer-reviewed study by Freedman and Wilder-Smith”.
But Freedman, who co-authored the paper in the Journal of Travel Medicine with Dr Annelies Wilder-Smith of the London School of Hygiene and Tropical Medicine, said he took issue with IATA’s risk calculation because the reported count bore no direct relation to the unknown real number of infections.
Bank of England says company disclosures on climate risks will be mandatory
“Disclosing your plans can improve your credit rating, broaden your investor base, reduce your cost of finance, and economize on the fixed costs of meeting increasingly vocal investor requests for information,” the BoE’s executive director for markets, Andrew Hauser, told an Investment Association online event on Friday.
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