Transamerica Life Bermuda makes senior appointments in Singapore

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Chua, in his new role as chief executive, will oversee the execution of TLB’s corporate strategy to drive business growth in Singapore. He will continue in his role as head of finance – which he has held since 2014 – where he is in charge of the overall capital management and financial reporting and management activities of the Singapore business. He will report directly to TLB’s chief executive officer, Chirag Rathod. 

“Singapore is an extremely important market for TLB and Benjamin is a strong leader within the organisation and is widely respected by his peers,” said Rathod. “He has a

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Danaher antibody test gets emergency approval; Gilead announces remdesivir pricing

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New cases of the coronavirus continued to surge over the weekend across several U.S. states, mostly in the American South and West. Amid the rise in new cases, Health and Human Services Secretary Alex Azar warned Sunday that the “window is closing” to curb the spread of the virus and get the outbreak under control.

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. 

  • Global cases: More than 10.15 million
  • Global deaths: At least 502,048
  • U.S. cases: More than 2.54 million
  • U.S.
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Reliance says General Atlantic to invest $870 million in Jio Platforms

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FILE PHOTO – The logo of Reliance Industries is pictured in a stall at the Vibrant Gujarat Global Trade Show at Gandhinagar, India, January 17, 2019. REUTERS/Amit Dave

NEW DELHI (Reuters) – Indian conglomerate Reliance Industries (RELI.NS) said on Sunday U.S. fund General Atlantic will buy 1.34% of its Jio Platforms digital unit for 65.98 billion rupees ($870 million).

With this investment, Jio Platforms, which includes telecoms business Jio Infocomm, has raised almost 672 billion rupees from investors including Facebook Inc (FB.O), Silver Lake and Vista Equity Partners in less than four weeks.

The investment values

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FDA in talks with Gilead to make remdesivir available to coronavirus patients ‘as quickly as possible’

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The Food and Drug Administration has been in “sustained and ongoing” discussions with Gilead Sciences to make antiviral drug remdesivir available to Covid-19 patients “as quickly as possible, as appropriate,” the agency said Wednesday.

Earlier in the day, White House health advisor Dr. Anthony Fauci said data from a coronavirus drug trial testing Gilead’s drug showed “quite good news” and sets a new standard of care for Covid-19 patients.

Speaking to reporters from the White House, Fauci said he was told data from the trial showed a “clear-cut positive effect in diminishing time to recover.”

The New York Times reported

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