Sedgwick appoints new CEO amid leadership promotions

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Sedgwick, a global provider of outsourced claims administration and risk management services to corporations, insurance companies and public entities, has announced a series of executive promotions, including the appointment of Mike Arbour (pictured) as the company’s new CEO.

Arbour, who most recently served as group president of global operations for Sedgwick, becomes the third ever chief executive in Sedgwick’s history. He takes the reins from Dave North (pictured directly below), who has led the company’s growth from US$50 million to over US$3.5 billion as chairman, president and CEO for more than 25 years. Moving forward, North will continue to be

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Revealed: Latest developments in China’s healthcare industry

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South China Morning Post (SCMP) has released its China Healthcare Report 2020, which features the latest innovations and trends expected to impact the global market, as well as reforms that will reshape the country’s domestic healthcare market.

SCMP’s China Healthcare Report 2020 revealed that the latest developments include massive investments in research and development (R&D) and innovation, a focus on health technology, the rapid growth of the biopharmaceutical industry, dominance in Active Pharmaceutical Ingredients global exports, and global manufacturing tech giants tapping into medical devices and equipment.

“The world is facing an acute healthcare challenge when people are living much

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GM facility to build ventilators following $489.4M contract ending

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General Motors employees reported to their first day of work March 31, 2020 at the GM manufacturing facility in Kokomo, Indiana, where GM and Ventec Life Systems are partnering to produce critical care ventilators in response to the COVID-19 pandemic.

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A former General Motors auto facility in Indiana will continue building critical-care ventilators following the expected completion of a $489.4 million government contract this month for 30,000 of the devices for the national stockpile.

GM will lease the building on its components campus in Kokomo, Indiana to Ventec Life Systems, a company the automaker partnered with to build the

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Most expensive car ever sold online could fetch more than $4 million

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A 2001 Ferrari could become the most expensive car ever sold in an online auction this week, amid expectations that it could sell for more than $4 million.

The sale by RM Sotheby’s is part of a series of online auctions being held this month by classic car companies to replace the auctions usually held in Monterey, California, as part of the Concours D’Elegance. Because of the coronavirus pandemic, the sales will be almost entirely online this year.

So far, prices and sales suggest that demand for classic cars — especially vintage Ferraris — has held up well throughout the

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