“We need deeper international cooperation to address the global health crisis, reduce poverty and inequality, achieve the Sustainable Development Goals and avert climate catastrophe,” the top UN official said on Sunday in his video message on the UN Day for South-South Cooperation, which is celebrated globally on September 12 every year.

“The Covid-19 pandemic is the most complex immediate challenge facing our world and it is undermining hard won social, economic and environmental gains,” Guterres was quoted as saying by Xinhua news agency.

Global shipping is earning the most money since 2008 as pandemic pain wanes

Sep 12, 2021

This boom’s causes are twofold — an economic reopening after Covid that has spurred surging demand for goods and raw materials. Alongside that, the virus continues to cause disruption in global supply chains, choking up ports and delaying vessels, all of which is limiting how many are available to haul goods across oceans. That’s left the majority of the shipping sector with bumper earnings in recent months.

Willis Towers Watson has around $5 billion for possible M&A -incoming CEO

Sep 12, 2021

Willis is going ahead with plans originally agreed during the Aon merger talks to sell its reinsurance business to rival Gallagher for an initial consideration of $3.25 billion.

Activist investor TCI, founded by British billionaire Chris Hohn, is seeking to build up a stake in the London-based firm, according to media reports.

Offshore operators face big Ida losses as insurers trim cover

Sep 12, 2021

Insured losses to offshore platforms, rigs, and pipelines are estimated to be between $700 million and $1.5 billion, according to industry experts.

That is markedly below $2 billion to $3 billion of insured losses suffered by operators during Hurricane Katrina in 2005 as estimated by the Insurance Information Institute.

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