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1MDB scandal casts pall over Indonesia s wealth fund ambitions

The Straits Times 1MDB scandal casts pall over Indonesia s wealth fund ambitions Indonesia seeks to raise $21 billion by offering global and local investors the chance to put their money in Nusantara Investment Authority s sub-funds.PHOTO: AFP PublishedDec 15, 2020, 3:56 pm SGT https://str.sg/Ja8L They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months.

Lloyd s, Insurtech Parsyl Launch Insurance Facility for COVID-19 Vaccine Shipments

Lloyd’s, Insurtech Parsyl Launch Insurance Facility for COVID-19 Vaccine Shipments December 15, 2020 Lloyd’s and insurtech start-up Parsyl Inc. announced the launch of the Global Health Risk Facility (GHRF), which will provide billions of dollars of insurance coverage, together with risk mitigation services, to help protect and support the global distribution of COVID-19 vaccines as well as critical health commodities. A public-private collaboration, the GHRF has received support from 14 global insurers and reinsurers as well as the U.S International Development Finance Corp. (DFC). The DFC has approved a loan of up to $26.7 million for the facility, which will be used to capitalize the new public-private Syndicate 1796, and allow the GHRF to offer cost-effective insurance policies for shipments of vaccines and medical products to developing countries.

Moderna Shot Deemed Safe; Europe Advances Review: Virus Update

NYC Sees Post-Holiday Closing; Colorado Toll Rises: Virus Update Bloomberg 12/15/2020 Bloomberg News (Bloomberg) Moderna Inc.’s vaccine was deemed safe by U.S. regulators, clearing the way for a second shot to quickly gain emergency authorization. In Europe, regulators will review Pfizer Inc.’s vaccine earlier than planned amid growing pressure to approve it quickly. British authorities will hold talks on Christmas coronavirus rules after a surge in infections fueled demands from medical experts to stop households socializing over the holiday. Denmark is extending local lockdowns to the entire country, while Italy’s prime minister is mulling further curbs to slow cases during the festive season.

NYC Shutdown Likely After Christmas, Mayor Says: Virus Update

NYC Sees Post-Holiday Closing; Colorado Toll Rises: Virus Update Bloomberg 12/15/2020 Bloomberg News (Bloomberg) Moderna Inc.’s vaccine was deemed safe by U.S. regulators, clearing the way for a second shot to quickly gain emergency authorization. In Europe, regulators will review Pfizer Inc.’s vaccine earlier than planned amid growing pressure to approve it quickly. British authorities will hold talks on Christmas coronavirus rules after a surge in infections fueled demands from medical experts to stop households socializing over the holiday. Denmark is extending local lockdowns to the entire country, while Italy’s prime minister is mulling further curbs to slow cases during the festive season.

Moderna Shot Deemed Safe; Europe Pressure Builds: Virus Update

NYC Sees Post-Holiday Closing; Colorado Toll Rises: Virus Update Bloomberg 12/15/2020 Bloomberg News (Bloomberg) Moderna Inc.’s vaccine was deemed safe by U.S. regulators, clearing the way for a second shot to quickly gain emergency authorization. In Europe, regulators will review Pfizer Inc.’s vaccine earlier than planned amid growing pressure to approve it quickly. British authorities will hold talks on Christmas coronavirus rules after a surge in infections fueled demands from medical experts to stop households socializing over the holiday. Denmark is extending local lockdowns to the entire country, while Italy’s prime minister is mulling further curbs to slow cases during the festive season.

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