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Coronavirus - losses and liabilities for insurance industry

Businesses across the world are suffering a variety of different losses as a result of the spread of, and public reaction to, coronavirus.  The answer to the question of whether these losses will be covered by your insurance policies is, as wit...




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Coronavirus –draft FCA guidance for the Insurance industry – customers in temporary financial difficulty and product value - UK

On 1 May, the FCA issued two sets of draft guidance which will be important reading for all firms involved in insurance arrangements and particularly insurers, intermediaries and premium finance lenders. As it considers that the delay involved in co...




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Strengthening US Relations with ASEAN: A Critical Element of the US Indo-Pacific Strategy

By East-West Center HONOLULU (October 4, 2019)—President Donald Trump first laid out a vision for a “free and open Indo-Pacific” at the November 2017 Asia-Pacific Economic Cooperation (APEC) Summit in Vietnam. From the start, statements describing the emerging US Indo-Pacific strategy have recognized the central role of Southeast Asia. The US approach to the Indo-Pacific focuses on three vital areas: enhancing shared prosperity, championing good governance and civil society, and ensuring a peaceful and secure regional order. Two recent visitors to the East-West Center described the potential role of the 10-member Association of Southeast Asian Nations (ASEAN) in the US Indo-Pacific strategy and spelled out several steps that the United States needs to take to strengthen US-ASEAN...

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.




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New Findings on Links between Urban Expansion and Viral Disease in Vietnam Offer Lessons for COVID-19

By James H. Spencer, Sumeet Saksena, and Jefferson Fox HONOLULU (1 April 2020)—The current COVID-19 pandemic, which started in Wuhan, China, underscores what the public health community has warned about for more than two decades—the risk of viral diseases capable of spreading from animal to human hosts. The first outbreaks of “bird flu” (highly pathogenic avian influenza―HPAI, subtype H5N1) raised similar concerns 20 years ago―concerns that have persisted with the outbreak of SARS in 2002–2004 and COVID-19 today. New outbreaks of avian influenza are also still occurring in poultry and humans, primarily in Asia but also in other parts of the world.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.




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New Technologies and New Modes of Production Disrupt China's Automotive Industry

By Boy Lüthje HONOLULU (6 April 2020)—The development of electric and self-driving vehicles is bringing on a massive restructuring of the global automotive industry. Emerging forms of new and shared mobility undermine the very model of private car ownership that has underpinned the automotive industry since the days of Henry Ford.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.




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Japan and South Korea: Two "Like-Minded" States Have Mixed Views on Conflicts in the South China Sea

By Rebecca Strating HONOLULU (24 April 2020)—Many argue that China’s increasingly aggressive posture in the South China Sea is an attempt to unilaterally alter the US-led regional order, which includes an emphasis on freedom of navigation. In response, the US has stressed the importance of support from “like-minded” states—including Japan and South Korea—in defending freedom of navigation in the South China Sea and elsewhere. This characterization, however, disguises important differences in attitudes and behavior that could hinder joint efforts to push back against China.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.




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Pure Cycle: Dramatically Undervalued Water Rights And Growing Business - Behind The Idea



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Innovative Industrial Has A Real Estate Problem




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Northrim: Buy This Alaskan Bank At A Steep Discount - Behind The Idea




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Crypto Tax Update: HMRC publishes updated guidance on the taxation of cryptoassets for individuals – situs of exchange tokens

  What’s new? On 20 December 2019, HMRC published an updated version of its guidance on the taxation of cryptoassets for individuals. The guidance was updated to include a new section in respect of the location (situs) of exchange tokens ...




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HR e-briefing 464: balloting requirements for industrial action

A growing number of successful injunctions against trade unions to halt strikes is attracting increasing media attention. Arguments will undoubtedly continue about whether such injunctions are undemocratic, or simply reflec...




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UK IHC HR ebrief EU appears open-minded about pay between assignment contracts

EU appears open-minded about pay between assignment contracts Having inherited the Agency Workers Regulations 2010 on taking office, the UK Government had p...




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Avoiding disruption. European guide to strikes and other industrial action

The European guide to strikes and other industrial action has been created by Eversheds Sutherland to provide you with a quickand easy reference when responding to threats of industrial action in 15 European countries. Click here to download the pub...




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LSB Industries, Inc. (LXU) CEO Mark Behrman on Q1 2020 Results - Earnings Call Transcript




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Sun Pharmaceuticals Industries Ltd. (SMPQY) Q3 2020 Results - Earnings Call Transcript




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Hindalco Industries Ltd. 2020 Q3 - Results - Earnings Call Presentation




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Tech Mahindra Ltd. ADR (TCHQY) CEO Chander Gurnani on Q1 2020 Results - Earnings Call Transcript




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Homicide charges against Indian factory after fatal gas leak

Indian police on Friday filed charges of culpable homicide, including negligence in handling toxic substances, against a South Korean-owned chemical factory where a gas leak killed 12 people and sickened more than a thousand.




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I’ve no regrets revealing identity of COVID-19 index case in Benue – Ortom

By Peter Duru – Makurdi Governor Samuel Ortom of Benue state says he has no regrets revealing the identity of the state’s COVID-19 index case, Mrs. Susan Okpe, despite her desperate attempts to politicized the issue and whipped up ethnic sentiments. He insisted that the decision was made in the best interest of the people
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The post I’ve no regrets revealing identity of COVID-19 index case in Benue – Ortom appeared first on Vanguard News.




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Coronavirus: Makinde confirms four new cases in Oyo

Governor Seyi Makinde of Oyo State, on Friday confirmed four (4) new cases of coronavirus in the State. Makinde, who doubles as Chairman of the COVID-19 task force committee in the State, made this announcement in a series of tweets on his verified Twitter handle. DAILY POST gathered that with the confirmation of the four […]

Coronavirus: Makinde confirms four new cases in Oyo




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Ebonyi indigenes charge police, DSS over killings, make revelations

Association of Ebonyi State Indigenes in the Diaspora (AESID) has charged the Inspector General of Police and the Director-General of the Department of State Services (DSS) to end political violence and killings in Asaga Owutu Edda in Afikpo South LGA. Governor David Umahi made a similar call a few days ago. On Monday, Ebonyi State […]

Ebonyi indigenes charge police, DSS over killings, make revelations




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Ton-up Sharma stars as India beat rivals Pakistan in World Cup

MANCHESTER: Rohit Sharma scored his second hundred in three innings as India maintained their unbeaten record against Pakistan at the World Cup with an 89-run win under the Duckworth-Lewis-Stern method on Sunday.




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LSB Industries, Inc. (LXU) CEO Mark Behrman on Q1 2020 Results - Earnings Call Transcript




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Covid-19 in SA: 'Wine industry was losing R500m every week'

The wine industry has welcomed the easing of export restrictions as a positive step towards boosting the constrained economy.




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No discussion about putting Western Cape back on Level 5, says Alan Winde

Western Cape Premier Alan Winde said that issue of bringing the province back to Level 5 had not been discussed either at the provincial government level or with the health minister despite a call from the ANC to do so.




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'Negligent' guards blamed for escape of 37 undocumented migrants at Lindela

The migrants awaiting deportation climbed over the walls and escaped the repatriation centre on Sunday when EnviroMongz Projects security guards left their posts.




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Teva Pharmaceutical Industries Limited 2020 Q1 - Results - Earnings Call Presentation




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Teva Pharmaceutical Industries Limited (TEVA) CEO Kare Schultz on Q1 2020 Results - Earnings Call Transcript




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Auto Industry Interest Group Warns Moving Operations Overseas If Kia Loses Lawsuit

Ahead of the lower court decision on the definition of ordinary wage involving Kia Motors as a defendant, the nation's car makers warned that they would move their plants overseas if Kia loses the lawsuit. The Korea Automobile Manufacturers Association whose members include Hyundai Motor, Kia Motors, GM Korea, Renault Samsung, and Ssangyong Motor, said in a statement, "If Kia Motors must pay an additional labor cost of 3 trillion won after the ordinary wage litigation, we have no choice but to c...




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LG International Expands Its Palm Oil Capacity in Indonesia

LG International will expand its palm oil operations in Indonesia for the first time in six years. This is a move for the trading company to focus more on the food resource business. The company recently broke the ground for the palm oil plant. It plans to complete the construction by the end of the first half of next year and start producing 110,000 tons of palm oil a year. This is an increase of 30,000 tons from the current capacity. Back in 2009, LG International jumped into the food re...




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Petrochem Industry to Invest 10 Tril. Won in Daesan Industrial Complex

The Daesan petrochemical industrial zone in Seosan, South Chungcheong Province, will transform into an advanced chemical industrial complex. The nation's major petrochemical companies may invest up to 10 trillion won in this area. On September 14, S-Oil, Lotte Chemical, Hanwha Total, South Chungcheong provincial government, and Seosan city gathered in Lotte World Tower and signed a memorandum to create a Daesan specialized industrial complex. Currently the area is home to large petrochemical ...




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Semiconductor and Display Industries Set to Invest 52 Tril. Won by 2024

Chief executives of the nation's leading companies like Samsung Electronics, SK Hynix, and LG Display have made a request to the government to relieve the problem of labor shortage in the area of semiconductor and display. Kwon Oh-hyun, vice chairman of Samsung Electronics, said on September 18 in a discussion session held in Kensington Hotel in Seoul's Yoido presided over by Minister of Trade, Industry, and Energy Baek Woon-gyu, "Skilled workers are in short supply in fast-growing industries...




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Industry Panics over Prospect of Rising Subcontract Worker Disputes

As the government pronounced illegal on the practice of companies relying on subcontract workers for a long time such as the cases in Paris Baguette and Mando-Hella, the whole industry in shock. This is not just restricted to manufacturers but is spread to services and the food franchise industry as well. The corporate sector expected on September 24 that companies like Tous Les Jours, Samsung Electronics service centers, and LG U+ will likely face the same problem any time soon after the Min...




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Tourism and Duty-free Industries Hopeful about Improving Korea-China Relations

As Korea and China are set to improve their relationship that was rocked by the controversy over the Terminal High Altitude Area Defense (THAAD) anti-ballistic missile system, Korea's tourism and duty-free shopping industries are raising their hopes of better days.The tourism industry believes that the Chinese government's group tour ban to Korea would be relaxed soon. A travel agency in Hebei posted an Internet ad recently for a group tour program to Korea in November at the price of 1,4...




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Covid 19 coronavirus: The gagging order from Jacinda Ardern's office - cynical, arrogant and unnecessary

COMMENT: Want to know how the PM felt about the idea of making the lockdown even tougher on the back of surveys indicating public support for such measures? Or why the Finance Minister lost the battle to open the wage subsidy...




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China’s Ministry of Commerce announces intention to investigate 80 industries regarding possible anti-competitive conduct

The Chinese Ministry of Commerce (“MOFCOM”) recently announced the intention of the Chinese competition authorities to step up the number of their investigations into possible anti-competitive and abusive market conduct.  Chinese co...




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Environment, Food & Rural Affairs Committee report – Regulation of the water industry

The EFRA Select Committee’s report into regulation of the water sector was published on 9 October 2018. Its key conclusions & recommendations are outlined below. Water transfers Water transfers should play an important role in increasing s...




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Opposition to Trump Unites Democrats Behind Biden

Pressure from progressives for more expansive government assistance programs, especially now during the COVID pandemic, along with concerns over a recent sexual assault allegation and a challenge from a third-party candidate, threaten to fracture that unified support




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Eversheds Sutherland has advised Baladna Food Industries W.L.L

Eversheds Sutherland has advised Baladna Food Industries W.L.L (“Baladna”), the largest dairy producer in Qatar and one of the largest fully integrated producers in the MENA region, on all legal and regulatory issues in connection with i...




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Successful judicial review challenge against Council’s home to school transport policy which was held to be indirectly discriminatory

In R (on the application of Diocese of Menevia and others) v Swansea City and County Council1 (“the Council”), the Administrative Court was required to consider whether a change in policy made by the Council in respect of school transpor...




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Eversheds advises Windmill in successful defence of Court of Appeal challenge to retail planning permission

R (on the application of Tesco Stores Limited) v Forest of Dean District Council and (1) JD Norman Lydney Limited (2) Asda Stores Limited (3) Windmill Limited (4) MMC Land & Regeneration Limited1 The Court of Appeal, upholding a decision of the ...




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UK: The “Fourth Rail Package” – Significance for the UK Rail Industry?

The Fourth Rail Package, which was introduced between June and December 2016, is a set of six items of EU legislation designed to increase the reliability and competitiveness of European railways in accordance with the EU’s liberalisation agen...




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ICO updates guidance on timescales for responding to individuals’ rights: Date of receipt is ‘day one’

What you need to know UK regulatory guidance has been updated to the effect that the timescale for responding to individuals’ requests (including subject access requests) is one calendar month from the day of receipt of the ...




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ICO updates guidance on ‘manifestly unfounded’ and ‘excessive’ in the context of responding to individuals’ rights

What you need to know UK regulatory guidance has been updated to explain what ‘manifestly unfounded’ and ‘excessive’ means in relation to the individual rights of data subjects under GDPR. This includes but is not limited to ...




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Facilitating industry progress

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Coronavirus - Judicial comment on temporary ban on Statutory Demands and Winding-up Petitions... and opportunism! - UK

In Re Saint Benedict's Land Trust ...




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Coronavirus – Impact on the medical device industry – Europe

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64MW Wind Farm Granted in the Scottish Highlands

Eversheds Sutherland has helped to secure Electricity Act 1989 consent from the Scottish Ministers and deemed planning permission for Limekiln Wind Farm, a 21 turbine wind farm with an estimated generation capacity of 64MW based in the Highlands. Th...




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Does the mining industry have a future in Zimbabwe?

The announcement of the intention to repeal the Indigenisation and Economic Empowerment Act by the Zimbabwe government in March 2019 was driven by various factors, including investor, political and legal motivations. The Act, implemented by former Z...




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Wind and Solar Energy in China – Issues and Regulatory Regime

At the end of 2019, China dominated the world’s generation of installed capacity and consumption of renewable energy, with wind power capacity accounting for one third of the world’s total and PV power capacity accounting for one fo...