News
Important Only
Bridge Specialty appoints Chhajer as CEO of Acorn and director at Capstone
By Navneeta NandanAug 14 - (The Insurer) - Brown & Brown Europe's wholesale and specialty brokerage group Bridge Specialty International (BSI) has appointed Abhishek Chhajer as CEO of Singapore-based Acorn International Network and director at Hong Kong-based Capstone Insurance Brokers.He as...Reuters
Thu, Aug 14
Costco to not sell abortion pill at its pharmacy locations, Bloomberg News reports
Aug 14 (Reuters) - Costco Wholesale COST.O has decided not to dispense the abortion pill mifepristone at its more than 500 pharmacy locations, Bloomberg News reported on Thursday.The decision follows a group of faith-based activists urging the retailer to avoid selling the drug, according to the rep...Reuters
Thu, Aug 14
Foxconn sees robust AI demand as second-quarter profit tops forecast
Q2 net profit up 27% on-year, beating market forecastsFoxconn bullish on AI server demandWarns of challenge from tariffs, currency exchange rateBy Wen-Yee Lee and Faith Hung TAIPEI, Aug 14 (Reuters) - Foxconn on Thursday forecast a significant rise in third-quarter revenue as the world's bigg...Reuters
Thu, Aug 14
Trump asked Norwegian minister about Nobel Prize, newspaper says
OSLO, Aug 14 (Reuters) - When U.S. President Donald Trump called Norway's finance minister last month to discuss trade tariffs, he also asked about the Nobel Peace Prize, Norwegian business daily Dagens Naeringsliv reported on Thursday.Several countries including Israel, Pakistan and Cambodia ha...Reuters
Thu, Aug 14
Sompo International's Q1 combined ratio improves to 94%
Insurance service result up 30% to $386 million in Q1 2025Commercial insurance revenue grows 8.3% to $2.79 billionGroup adjusted profit rises 34.7% to 99.7 billion yenBy Michael JonesAug 14 - (The Insurer) - Sompo International's undiscounted combined ratio improved by 2.9 percentage points year...Reuters
Thu, Aug 14
EU receives US tweaks to finalise joint trade statement, spokesman says
BRUSSELS, Aug 14 (Reuters) - The European Commission has received a text from the U.S. administration with suggestions about finalising a joint statement on trade and tariffs, a European Commission spokesman said in response to reporters' question on Thursday. "We are happy to confirm that w...Reuters
Thu, Aug 14
Morning News Call - Canada, August 14
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageCOMPANIES REPORTING RESULTSAugu...Reuters
Thu, Aug 14
ANALYSIS-Diplomacy or defiance: Iran’s rulers face existential choice after US-Israeli strikes
Clerical elite eyes return to diplomacy with US to avoid further devastating attacks Supreme Leader Khamenei backs resuming nuclear dialogue amid internal rifts, insiders say Conceding to Trump demand for nuclear shutdown would rupture Islamic Republic leadershipPublic anger growing over perception ...Reuters
Thu, Aug 14
Digital investigation solutions firm Cellebrite's Q2 revenue beats estimates
OverviewCellebrite Q2 revenue grows 18% yr/yr, beating analyst expectations, per LSEG dataAdjusted EBITDA for Q2 beats estimates, reflecting a 29% increase, per LSEG dataNet income for Q2 misses analyst expectations, per LSEG dataOutlookCellebrite expects Q3 revenue between $121 mln and $126 mlnFull...Reuters
Thu, Aug 14
WELL Health Q2 revenue beats expectations on HEALWELL AI inclusion, reaffirms annual rev guidance
OverviewWELL Health Q2 2025 revenue grows 57% yr/yr, beating analyst expectations, per LSEG dataAdjusted EBITDA rises 231% yr/yr, reaching C$49.7 mln, driven by organic growth, acquisitionsOutlookWELL reaffirms 2025 revenue guidance between C$1.40 bln to C$1.45 blnCompany expects 2025 Adjusted EBITD...Reuters
Thu, Aug 14
Putin suggests Russia and U.S. could make a deal on nuclear arms control
MOSCOW, Aug 14 (Reuters) - Russian President Vladimir Putin said on Thursday that the U.S. administration was making "sincere efforts" to resolve the conflict in Ukraine and suggested Moscow and Washington could reach a deal on nuclear arms control.Speaking at a Kremlin meeting with Russia&#...Reuters
Thu, Aug 14
MediWound Q2 revenue up 43%, beats estimates
OverviewMediWound Q2 2025 revenue rises 43% sequentially, beating analysts' expectationsNet loss widens to $13.3 mln, driven by non-cash financial expensesCo establishes strategic research collaborations with Essity and Convatec for EscharEx trialsOutlookCompany expects full operational capacity...Reuters
Thu, Aug 14
Swimming-Phelps brands USA Swimming leadership weak, demands systemic overhaul
Aug 14 (Reuters) - Michael Phelps has launched a scathing attack on USA Swimming's leadership, with the 23-times Olympic gold medallist branding the body weak and demanding sweeping reforms after what he sees as years of organisational decline.The 40-year-old American, the most decorated Olympia...Reuters
Thu, Aug 14
Chinese vice commerce minister meets executive from Canada's Brookfield
BEIJING, Aug 14 (Reuters) - China's vice commerce minister, Ling Ji, on Thursday met with David Levi, an executive at Canada's Brookfield Asset Management.Ling said that China welcomes Brookfield to establish renewable energy funds and commit to long-term investment in China, according to a ...Reuters
Thu, Aug 14
VinFast founder to inject another $1.5 billion in exchange for R&D assets
VinFast to spin off R&D arm in $1.52 billion dealFounder Pham Nhat Vuong to buy shares in the R&D armTo lease back IP to VinFast as needed Aug 14 (Reuters) - VinFast's VFS.O founder Pham Nhat Vuong has agreed to buy the EV maker's research and development arm for $1.52 billion, h...Reuters
Thu, Aug 14
EU welcomes US promise of participation in Ukraine security guarantees
BRUSSELS, Aug 14 (Reuters) - The European Commission welcomes the fact that U.S. President Donald Trump has said that the US would participate in security guarantees for Ukraine, a European Commission spokesperson said in response to reporters' questions on Thursday.French President Emmanuel Mac...Reuters
Thu, Aug 14
Putin suggests Russia and U.S. could make a deal on nuclear arms control
MOSCOW, Aug 14 (Reuters) - Russian President Vladimir Putin said on Thursday that the U.S. administration was making "sincere efforts" to resolve the Ukraine conflict and suggested Moscow and Washington could reach a deal on nuclear arms control that could strengthen peace. Putin held a meet...Reuters
Thu, Aug 14
Morning News Call - U.S., August 14
To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call Ca...Reuters
Thu, Aug 14
THL Partners to acquire clinical trial firm Headlands from KKR, sources say
By Sabrina ValleNEW YORK, Aug 14 (Reuters) - Private equity firm THL Partners has agreed to buy a majority stake in Headlands Research, a U.S.-based network of clinical trial sites, from KKR KKR.N in a deal valued at about $600 million, according to people familiar with the matter.The transaction co...Reuters
Thu, Aug 14
