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SoftBank-Backed ClimaCell raises funds for weather forecasts

Jul 29, 2020

ClimaCell’s forecasting products use past weather history and artificial intelligence to gauge the weather’s impact on businesses. Airline companies had been some of ClimaCell’s key customers, but the slowdown in global travel caused by the coronavirus prompted the startup to pivot this year, Elkabetz said.

South Korea investigates suspected safety issues with Tesla vehicles

Jul 29, 2020

Braking and steering systems including the Autopilot function were part of the investigation, a transport ministry official said on Wednesday.
The U.S. National Transportation Safety Board last year cited driver errors and Tesla’s Autopilot design as the probable cause of a January 2018 crash of a Model S in California.

Insurers walk tightrope of risky corporate credit

Jul 29, 2020

Insurers globally invest more than $20 trillion (15.42 trillion pounds), but their investment positions, already perilous from years of falling bond yields, were left with large holes following this year’s coronavirus-linked slide in asset prices.

WHO says COVID-19 pandemic is ‘one big wave’, not seasonal

Jul 28, 2020

“People are still thinking about seasons. What we all need to get our heads around is this is a new virus and…this one is behaving differently,” Margaret Harris told a virtual briefing in Geneva, urging vigilance in applying measures to slow transmission that is spreading via mass gatherings

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