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Several privatisation transactions in an advanced stage: DIPAM Secretary
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International
U.S. FDA safety guidelines likely to push COVID-19 vaccine authorization past election
The White House could still force authorization of a vaccine without that additional safety data. Doing so would put it in open disagreement with the FDA and its career scientists, and add to the perception that politics was playing a role in pushing out a vaccine.
If the agency follows its own guidelines, it is unlikely to authorize a vaccine before sometime in late November. It wants two months of data from half of a trial’s volunteers.
Airlines warn of more bankruptcies as wage support ends
Airlines consumed $51 billion in cash in the second quarter as the pandemic brought global travel to a near-standstill, the industry body said.
Whereas the withdrawal of subsidies makes sense for sectors in recovery, IATA warned of further airline bankruptcies in the northern hemisphere winter as the collapse in revenue continues to dwarf cost savings. The average carrier now has cash for 8.5 months of operations, Brian Pearce, chief economist at the International Air Transport Association (IATA), told reporters
SCOR to strengthen regional focus,carves out “APAC Emerging Market’ to be headed by India’s Mukul K
“This has led us to create a new position of P&C Regional Head – of EMEA and the Americas respectively – on top of our existing APAC organization, and to re-organize the reinsurance teams into four different regions with more homogenous client needs, i.e. Europe, North America, APAC Mature markets, and Fast-Growth markets.” said SCOR Global P&C CEO Jean-Paul Conoscente ,
APAC Emerging Markets,that excludes SCOR’s operations in Japan, South Korea & ANZ, will be led by Mukul Kishore, who continues as the CEO of SCOR’s India branch operations
One in 10 may have caught COVID, as world heads into ‘difficult period’: WHO
“Our current best estimates tell us about 10% of the global population may have been infected by this virus. It varies depending on country, it varies from urban to rural, it varies depending on groups. But what it does mean is that the vast majority of the world remains at risk,” Ryan said. “We are now heading into a difficult period. The disease continues to spread.”
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