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China floods, climate disasters damage insurance coverage business: S&P and Fitch

Rescuers evacuate stranded people in the waterlogged urban area of Weihui City in Xinxiang, central China’s Henan Province, July 27, 2021. Li An | Xinhua News Agency | Getty Images Severe rainstorms and flooding in China are hurting the profits of insurance companies, and highlight the shortfalls of the country’s natural disaster insurance system. Flooding…
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The Biden administration’s booster shot directions “must be performed fastidiously to be able to be one step forward of this virus,” says the US surgeon common

The US surgeon general Dr. Vivek Murthy told CNBC that the Biden government is recommending Covid booster vaccinations to most vaccinated Americans starting September 20 to stay one step ahead of the virus. “We put our heads together, the top public health and medicine officials at the Department of Health and Social Affairs, and have…
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U.S. to require nursing properties employees get photographs or lose federal funding

U.S. officials plan to withhold federal funding from nursing homes that don’t fully vaccinate their employees against Covid-19, a Biden administration official confirmed Wednesday to NBC News. The new policy, which would withhold Medicare and Medicaid funding to nursing homes that don’t comply, could take effect as early as next month, the official said, though…
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US will start widespread distribution of third vaccine doses subsequent month

The United States will begin distributing Covid-19 booster vaccinations on a large scale next month as new data shows vaccine protection wears off over time, US health officials said on Wednesday. It is now “very clear” that immunity declines after the first two doses, and with the dominance of the delta variant, “we see evidence…
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Hashish firm Tilray acquires shares in Medmen-Noten

Shares in Canadian cannabis company Tilray rose nearly 5% in expanded trading on Tuesday after it was announced that it was investing in American cannabis retailer Medmen. As part of the transaction, Tilray and other investors acquired 75% of Medmen’s outstanding convertible bonds from Gotham Green Partners and 65% of the outstanding warrants for $…
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Lowe’s (LOW) earnings Q2 2021 beat projections

Lowe’s outpaced earnings estimates on Wednesday, as sales of home decor and the growth of its home installations and professional business helped drive sales in the second quarter. Shares rose more than 4.5% in premarket trading. CEO Marvin Ellison said demand for kitchen, bath, flooring and appliances remains strong, but the home improvement retailer has noticed…
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Los Angeles Lakers commerce Gatorade for BioSteel bench sponsorship

LeBron James # 23 of the Los Angeles Lakers wins the basket against the Golden State Warriors during the 2021 NBA Play-In Tournament on May 19, 2021 at the STAPLES Center in Los Angeles, California. Adam Pantozzi | National Basketball Federation | Getty Images Think of it as a different profession for the Los Angeles…
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UK launches plan to extend low carbon hydrogen capability

Smith / Gado Collection | Stock photos | Getty Images The UK government on Tuesday released a new hydrogen use strategy that said the country’s hydrogen economy could potentially support up to 100,000 jobs and be worth up to £ 13 billion ($ 17.88 billion) by mid-century could. In a foreword to the strategy, Kwasi…
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Corporations use “inexperienced” ammonia for fertilizers and future gas

As society tries to find ways to reduce its ecological footprint, the decarbonization of a wide variety of sectors and industrial processes will be crucial in the years to come. Time is of the essence in order to find new solutions and technologies if one can orient oneself to the latest findings of the Intergovernmental…
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Dwelling Depot instantly offered out from an early drop of Halloween decor

A Home Depot store can be seen in Washington, DC on August 18, 2020. NICHOLAS COMB | AFP | Getty Images Home Depot announced Tuesday that an early release of Halloween products sold out quickly, signaling that consumers will be decorating their homes this fall and winter. The home improvement retailer recently offered shoppers a…