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Insurer Aegon doubles buyback amount as it mulls moving head office to US
Aegon mulls US relocation, decision expected in DecemberBuyback amount until end-2025 raised to 400 mln eurosOperating capital generation at 576 mln euros in first halfBy Mateusz Rabiega Aug 21 (Reuters) - Dutch insurer Aegon AEGN.AS on Thursday doubled the planned value of its ongoing share buyb...
Reuters
Thu, Aug 21
Mitsubishi to recall over 91,000 US vehicles over rear hatch issues, NHTSA says
Aug 21 (Reuters) - Mitsubishi Motors 7211.T is recalling 91,697 Outlander and Outlander hybrid SUVs in the U.S. over risks of the rear hatch falling unexpectedly, the U.S. National Highway Traffic Safety Administration said on Thursday.
Reuters
Thu, Aug 21
Uganda says it has deal with US to take individuals who may not qualify for asylum
KAMPALA, Aug 21 (Reuters) - Uganda has entered an agreement with the United States to take in nationals from third countries who may not get asylum in the U.S. but are reluctant to return to their countries of origin, the foreign affairs ministry said on Thursday."This is a temporary arrangement...
Reuters
Thu, Aug 21
Mitsubishi Motors North America, Inc. Is Recalling 91,697 U.S. Vehicles - NHTSA
Aug 21 (Reuters) - Mitsubishi Motors Corp 7211.T:MITSUBISHI MOTORS NORTH AMERICA, INC. IS RECALLING 91,697 U.S. VEHICLES - NHTSAMITSUBISHI MOTORS NORTH AMERICA, INC. IS RECALLING SOME U.S. VEHICLES AS A GAS SPRING CYLINDER RUPTURE OR A LIFTGATE FALLING UNEXPECTEDLY CAN INCREASE THE RISK OF INJURY.- ...
Reuters
Thu, Aug 21
Indonesia sovereign fund INA, Franklin Templeton sign MoU exploring potential fund establishment, investments
Aug 21 (Reuters) - Indonesia's sovereign wealth fund Indonesia Investment Authority and Multi-billion dollar fund manager Franklin Templeton said in a joint statement on Thursday:SIGN MOU EXPLORING POTENTIAL FUND ESTABLISHMENT AND JOINT INVESTMENTS IN INDONESIASource text: [ID:]Further company c...
Reuters
Thu, Aug 21
Pulsar Helium Raises GBP 3.4 Million Through Share Issue
Aug 21 (Reuters) - Pulsar Helium Inc PLSR.V:PULSAR HELIUM INC. - PULSAR HELIUM ANNOUNCES RESULT OF FUNDRAISEPULSAR HELIUM INC - RAISES GBP 3.4 MILLION THROUGH SHARE ISSUE
Reuters
Thu, Aug 21
Exclusive: Hiscox Syndicate 33 targets return to growth with 12% pre-emption for 2026
Syndicate 33 plans 12% stamp capacity increase for 2026Hiscox sees growth opportunities in reinsurance and London Market divisionsSyndicate 33 profits down 21.4% in 2024 amid adverse claimsBy Ryan HewlettAug 21 - (The Insurer) - Hiscox is targeting a preliminary stamp capacity increase of almost 12%...
Reuters
Thu, Aug 21
Carlyle-backed Orion Breweries plans Tokyo listing on September 25, filing shows
TOKYO, Aug 21 (Reuters) - Carlyle Group-backed Japanese beer maker Orion Breweries plans to list on the Tokyo Stock Exchange on September 25 after raising about 16.7 billion yen ($113.26 million), a regulatory filing showed on Thursday.The initial public offering comes six years after Carlyle CG.O a...
Reuters
Thu, Aug 21
Image Scan Holdings Says It Does Not Expect To Meet Current Market Guidance
Aug 21 (Reuters) - Image Scan Holdings PLC IMGE.L:IMAGE SCAN HOLDINGS - TRADING UPDATE AND NEW CONTRACT AWARDSIMAGE SCAN HOLDINGS PLC: ANTICIPATING A POSITIVE SECOND HALF OF YEARIMAGE SCAN HOLDINGS PLC: EXPECTATION IS THAT CURRENT MARKET GUIDANCE WILL NOT BE ACHIEVED
Reuters
Thu, Aug 21
CORRECTED-Thailand's Shinawatra dynasty faces triple court test that could upend politics
Suspended PM Paetongtarn under threat from court rulingFormer PM Thaksin faces possible return to prisonCoalition government shaky, holds slim majorityEarlier election looks likely, analysts sayBy Panarat Thepgumpanat and Chayut Setboonsarng BANGKOK, Aug 21 (Reuters) - Thailand's billionaire...
Reuters
Thu, Aug 21
UK's WH Smith cuts profit outlook for North American operations
Aug 21 (Reuters) - British travel retailer WH Smith SMWH.L lowered its full-year profit outlook for its North America division on Thursday after a review uncovered an overstatement of earnings linked to supplier income.The company now expects its headline trading profit at the division to come in at...
Reuters
Thu, Aug 21
Pierson Ferdinand’s Panensky: Soft market slowing AI underwriting shift
By George AbbottAug 21 - (The Insurer) - The current soft cyber market is acting as a brake on insurers’ ability to treat artificial intelligence as a distinct underwriting risk, according to Pierson Ferdinand’s Howard Panensky.“In a soft cyber market, you can't force things (such as AI exclusio...
Reuters
Thu, Aug 21
Russia's nuclear shield must be modernised given 'colossal threats', Rosatom chief says
MOSCOW, Aug 21 (Reuters) - Russia's nuclear shield should be upgraded in the coming years in the face of colossal threats, the head of Russia's state nuclear corporation was cited as saying by the RIA state news agency on Thursday."Now, in the current geopolitical situation, is a time of...
Reuters
Thu, Aug 21
Squirrel Media Formalises Acquisition Of Pretopay
Aug 21 (Reuters) - Squirrel Media SA SQRL.MC:FORMALISES ACQUISITION OF U.S.-BASED TECHNOLOGY COMPANY PRETOPAYSALE INCLUDES ADDITIONAL TECHNOLOGICAL ASSETS AND CONTENT AND INFLUENCER RIGHTSWILL FINANCE THESE ACQUISITIONS THROUGH SHARE-BASED PAYMENT (SHARES TO BE DELIVERED AS CONSIDERATION FOR PURCHAS...
Reuters
Thu, Aug 21
Olympics-Basketball to start two days before LA28 opening ceremony
Aug 20 (Reuters) - Basketball at the 2028 Los Angeles Olympics will begin two days before the opening ceremony takes place on July 14, the sport's governing body (FIBA) said on Wednesday."This adjustment allows the quarter-finals to be played over two days and will also ensure that no game w...
Reuters
Thu, Aug 21
Hungary ready to host Ukraine-Russia peace talks, foreign minister says
BUDAPEST, Aug 21 (Reuters) - Hungary has already offered to host peace talks between Russia and Ukraine twice, and the offer still stands, Hungarian Foreign Minister Peter Szijjarto said in a podcast broadcast on Facebook on Thursday."If we are needed, we are ready to provide appropriately fair ...
Reuters
Thu, Aug 21
WH Smith Sees FY Profit Around 110 Mln Pounds After Overstatement Identified
Aug 21 (Reuters) - WH Smith PLC SMWH.L:WH SMITH PLC - UPDATE – NORTH AMERICA: REVISED GUIDANCEWH SMITH PLC - CUTS NORTH AMERICA PROFIT FORECAST TO £25MWH SMITH PLC - SEES FY25 HEADLINE TRADING PROFIT AROUND £110MWH SMITH: CURRENT FINANCIAL REVIEW IDENTIFIED OVERSTATEMENT OF AROUND £30M OF EXPECTED ...
Reuters
Thu, Aug 21
ANALYSIS-Riding high on Wegovy, Novo doubled its workforce. Now layoffs loom
Novo raced to meet demand for its weight-loss drug WegovyWorkforce almost doubled in five yearsRapid expansion now under scrutiny amid cost pressureAfter profit warning, new CEO is looking for cost cutsBy Jacob Gronholt-Pedersen and Maggie Fick COPENHAGEN, Aug 21 (Reuters) - As Novo Nordisk's...
Reuters
Thu, Aug 21
Japan bonds fall after auction; 10-year yield hits 17-year high
By Junko FujitaTOKYO, Aug 21 (Reuters) - Japanese government bond prices fell on Thursday in choppy trading, with the 10-year yield hitting a 17-year high, as a weaker-than-expected outcome of a liquidity-enhancing auction weighed on sentiment.The 10-year JGB yield JP10YTN=JBTC was last at 1.61%, it...
Reuters
Thu, Aug 21
OpenAI Breaks Silence on IPO with A New AI Monetization Path in Sight
TradingKey - OpenAI have publicly acknowledged the possibility of going public for the first time. Combined with the massive capital needs for building trillion-dollar-scale data centers and a record-breaking monthly revenue outlook, an IPO for the world’s leading AI company may be closer than ever.
TradingKey
Thu, Aug 21
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