International News

Insurance brokers Aon and Willis drop $30 bn merger move, Aon to pay $1 billion termination fee to Willis

Intermediaries, Non-Life, Policy, Regulation, Reinsurance       Jul 25, 2021

  DUBLIN, July 26: Aon plc and Willis Towers Watson announced today that the firms have agreed to terminate their proposed $30 billion merger proposal and end litigation with the U.S. Department of Justice (DOJ). In connection with the termination of the business combination agreement, Aon...

Harmonizing guidance to assess radioactivity in food and drinking water

Eco/Invest/Demography, Health, Non-Life       Jul 25, 2021

  Proposals to harmonize guidance on radioactivity in food and drinking water in non-emergency situations have reached a milestone with the development of a document based on international consensus on the topic. The draft of this document was discussed by experts from over 60 countries at...

No pathway to reach the Paris Agreement’s 1.5˚C goal without the G20: UN chief

  UN: "There is no pathway to this goal without the leadership of the G20. This signal is desperately needed by the billions of people already on the frontlines of the climate crisis and by markets, investors and industry who require certainty that a net-zero climate-resilient...

Amazon may soon allow payments via Bitcoin, other digital currencies

Eco/Invest/Demography, Non-Life, Technology       Jul 26, 2021

  Amazon may allow users to pay in cryptocurrencies like Bitcoin soon as the e-commerce giant is hiring a digital currency and blockchain product lead for its payments team. According to a latest job listing, Amazon's Payments Acceptance & Experience team is "seeking an experienced product...

Fauci Says US Headed in 'Wrong Direction' on Coronavirus

Eco/Invest/Demography, Health       Jul 26, 2021

  WILMINGTON, Del: The United States is in an “unnecessary predicament” of soaring COVID-19 cases fueled by unvaccinated Americans and the virulent delta variant, the nation’s top infectious diseases expert said Sunday. “We’re going in the wrong direction,” said Dr. Anthony Fauci, describing himself as “very...

Asia stocks hit 7-mth low as China skids, funds favour Wall St

Asian shares skidded to seven-month lows on Monday as regulation concerns upended Chinese equities and strong U.S. corporate earnings sucked funds out of emerging markets into Wall Street. Chinese blue chips shed 2.4% to their lowest in 10 weeks as the education and property sectors...

China braces for Typhoon In-fa,Shanghai cancels flights

Shanghai's two international airports cancelled all flights and authorities banned outdoor activities Sunday as eastern China braced for the arrival of Typhoon In-fa. In-fa was forecast to hit Zhejiang province, south of Shanghai, on Sunday afternoon, with rainfall of 250-350 millimetres (10 to 14 inches),...

Govt officials world over among 1,400 WhatsApp users targeted in 2019: CEO

Eco/Invest/Demography, Technology       Jul 24, 2021

  London: Senior government officials from across the world, including individuals in high national security positions who are "allies of the US", were targeted by governments using the NSO Group spyware in a 2019 attack against 1,400 WhatsApp users, according to the messaging apps Chief Executive...

61 pc of global drowning deaths in 2019 was in Asia Pacific region: WHO

Eco/Invest/Demography, Non-Life       Jul 24, 2021

  New Delhi: Over 1,44,000 people drowned in the Asia Pacific region in 2019, accounting for 61 per cent of global drowning deaths, according to the first World Health Organization regional assessments on drowning prevention. The reports, which have been released ahead of World Drowning Prevention...

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