Indian

India’s Biological E. to produce Johnson & Johnson’s Covid-19 vaccine

May 19, 2021

Mahima Datla, managing director,Biological E said that Biological E. was looking to contract-manufacture about 600 million doses of the J&J vaccine annually. India’s government, however, did not factor in any production of J&J this year in the country in a list of likely vaccine output released last week.

Total spend of $8 billion on Covid vaccines for India in 2021: Investec

May 19, 2021

Based on current supply visibilities (imports / India mfg / new launches), 75% of India’s population (above 18 years of age) will get vaccinated by October’21, Investec said.
“We expect a total of 8 vaccines to be available by October including Pfizer/Novavax/JnJ/Cadila/Biologically E”, it said.

India logs 13 per cent fall in new COVID-19 cases in week; still highest globally: WHO

May 19, 2021

The highest numbers of new deaths were reported from India (27,922 new deaths; 2.0 new deaths per 100 000; a 4 per cent increase), Nepal (1,224 new deaths; 4.2 new deaths per 100 000; a 266 per cent increase) and Indonesia (1,125 new deaths; 0.4 new deaths per 100,000; a 5 per cent decrease).

Fourteen die after barge sinks as cyclone batters India’s west coast

May 19, 2021

The navy said over 180 people had been rescued from the barge, which was engaged in contract work awarded by Oil and Natural Gas Corp, India’s top exploration company. Three ships and aircraft are continuing to look for the remaining personnel, it added.

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International

Historic rainfall, floods in Japan kill more than 100; Some factories halt operations

Jul 9, 2018

Over 12,000 buildings in prefectures including Hiroshima, Okayama and Ehime are without power, according to the Ministry of Economy, Trade and Industry.Mazda will continue to halt operations at two of its factories through July 10, company spokeswoman Yukari Hara said.

Trade Credit Insurance could get boost from Trade War

Jul 7, 2018

As countries ratchet up the rhetoric and retaliation, insurers are weighing how companies will deal with the pressure. For some providers of trade credit insurance, the saber-rattling is the jingle of product placement

‘Incredibly shrinking airline seat’ Not a Safety Concern:U.S. US aviation regulator

Jul 7, 2018

Aircraft manufacturers such as Boeing Co. and Airbus SE are required to demonstrate a fully loaded plane can evacuate within 90 seconds with half the exits blocked before that model can be approved to carry passengers by FAA. The agency has no rules on seat width or the distance between rows, relying instead on the evacuation standards.

Munich Re sticks with coal underwriting despite investor pressure

Jul 7, 2018

Policymakers are pushing companies to do more to help meet a target, agreed in Paris in 2015, to limit global warming to below 2 degrees Celsius. Investors are increasingly using their financial muscle to reward those at the forefront of that transition.

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