News
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Travelers: Q4 2024 records highest ransomware activity in a quarter to date
By Isha MaratheMarch 6 - (The Insurer) - The fourth quarter of 2024 experienced the highest level of ransomware activity recorded in any single quarter to date, with a total of 1,663 known victims posted on leak sites, a 32% uptick from Q3 2024, according to the new Travelers's Cyber Threat Rep...Reuters
Thu, Mar 6
ADVISORY-Alert wrongly tagged to Canadian National Railway withdrawn (March 5)
An alert published on March 5 regarding Chinese state oil and gas company CNOOC 600938.SS achieving a major breakthrough in the exploration of buried hills in the Beibu Gulf Basin was incorrectly tagged to transportation and logistics firm Canadian National Railway CNR.TO, an unrelated company, and ...Reuters
Thu, Mar 6
Sleep Number plunges as Q4 sales declines
** Shares of home furnishing company Sleep Number SNBR.O plunges nearly 39% to $7.89 afternoon trading** Co after-market hours on Wednesday posted Q4 net sales of $377 million compared with $429.52 million a year earlier** SNBR also appointed Linda Findley as its new President and Chief Executive Of...Reuters
Thu, Mar 6
Tennis-WTA announces first-of-its-kind maternity benefits plan for players
NEW YORK, March 6 (Reuters) - The WTA will offer players up to 12 months of paid maternity leave for the first time, the women's tennis tour said on Thursday, part of a sweeping new family benefits programme sponsored by the Saudi Public Investment Fund.Under the plan, players will have access t...Reuters
Thu, Mar 6
US, Ukrainian officials to meet in Riyadh next week, media reports say
WASHINGTON, March 6 (Reuters) - Senior Trump administration officials will travel to Saudi Arabia to meet with Ukrainian officials next week, Fox News and Axios reported on Thursday.The meeting will be held on Wednesday, Axios said, citing two unnamed sources. U.S. Secretary of State Marco Rubio and...Reuters
Thu, Mar 6
Zelenskiy says he discussed with Macron coalition of willing, cooperation with US
March 6 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Thursday he had discussed with French counterpart Emmanuel Macron a meeting of the military representatives of countries interested in coalition to support Ukraine. "We discussed the upcoming meeting on March 11... We coordin...Reuters
Thu, Mar 6
US Supreme Court Justice Jackson calls for revisiting sentencing guidelines
Jackson served on US Sentencing Commission before joining courtAmount of money lost has more sway than culpability, Jackson saysJackson dissented from Supreme Court's presidential immunity decisionBy Luc Cohen, Karen Freifeld and Chris Prentice MIAMI, March 6 - U.S. Supreme Court Justice Keta...Reuters
Thu, Mar 6
US politics newsletter - Turbulence on tariffs and Ukraine
By Jeff Mason March 6 (Reuters) - For a president who likes to make rosy predictions, Donald Trump’s warning on Tuesday that the tariffs he is imposing could create a “little disturbance” for Americans was a rare instance of relative candor. It was also an understatement. Stock markets see-sa...Reuters
Thu, Mar 6
Hippo achieves first quarter of positive Ebitda and discloses sale of LA wildfire subrogation rights
By David BullMarch 6 - (The Insurer) - Shares in Hippo were trading up by close to 18% on Thursday after it reported $8.5 million in positive adjusted Ebitda in Q4 2024, which president and CEO Rick McCathron said surpassed all expectations as the homeowners insurtech delivered a near 30-point impro...Reuters
Thu, Mar 6
Zelenskiy urges EU leaders to back idea of truce in air and sea
March 6 (Reuters) - Ukrainian President Volodymyr Zelenskiy called on EU leaders in Brussels to support the idea of truce in the air and at sea towards achieving peace in Ukraine. "Everyone needs to make sure that Russia, as the sole source of this war, accepts the need to end it. This can be pr...Reuters
Thu, Mar 6
Some malaria, HIV, TB programme cuts reversed by US, groups say
US funding contracts abruptly terminated last weekWork remains in limbo as funding has not yet been restartedWaivers have added to the confusionBy Jennifer Rigby and Aaron Ross LONDON, March 6 (Reuters) - Some lifesaving health projects that had their U.S. funding contracts abruptly terminated la...Reuters
Thu, Mar 6
Walmart asks China suppliers for price cuts on Trump tariffs, Bloomberg News reports
March 6 (Reuters) - Walmart WMT.N has asked some Chinese suppliers for major price cuts, with the U.S. retail giant's efforts to shift the burden of President Donald Trump's tariffs facing strong push back from firms in the Asian nation, Bloomberg News reported on Thursday.Certain suppliers,...Reuters
Thu, Mar 6
India's Knowledge Realty Trust Files Draft Offer Document For IPO- Prospectus
March 6 (Reuters) - INDIA'S KNOWLEDGE REALTY TRUST FILES DRAFT OFFER DOCUMENT FOR IPO- PROSPECTUSINDIA'S KNOWLEDGE REALTY TRUST FILES FOR IPO AGGREGATING UP TO 62 BILLION RUPEES- PROSPECTUSSource https://tinyurl.com/4dtayuebReuters
Thu, Mar 6
The Hartford’s Tooker: Casualty balance of power 'out of whack'
By Chris MunroMarch 6 - (The Insurer) - Legal system abuse has “gone way too far” and shifted the balance of power away from insurers although customers are in fact the ones ultimately suffering, and society must work together to rectify the situation, according to The Hartford president Mo Tooker.T...Reuters
Thu, Mar 6
Norway more than doubles Ukraine aid to $7.8 billion in 2025
Norway boosts spending on Ukraine by NOK 50 billion ($4.6 billion)Has benefited from high gas pricesNorway lags Nordic neighbours on Ukraine aidDebate domestically on how much more Norway should give UkraineBy Gwladys Fouche and Nora Buli OSLO, March 6 (Reuters) - Norway will more than double its...Reuters
Thu, Mar 6
German lawmakers set timetable in race for borrowing bonanza
Parliament to debate 500 bln euro fund, borrowing rule changesNew fund would boost debt/GDP ratio sharply, document showsReforms aim to boost defence, growth amid global tensionsFar-right and radical left may block reforms in new parliamentBy Holger Hansen BERLIN, March 6 (Reuters) - German lawma...Reuters
Thu, Mar 6
US corporate bond investors cautiously navigate trade war uncertainty
High-yield bond spreads widen on trade war concernsTrump's tariffs on imports impact corporate bond spreadsInvestors see spreads widening due to economic uncertaintyBy Matt TracyMarch 6 (Reuters) - Pressure on corporate bond spreads, or the premium paid by companies over risk-free Treasuries, to...Reuters
Thu, Mar 6
Hamas says any Israeli military escalation against Palestinians may lead to hostages' death
CAIRO, March 6 (Reuters) - Any Israeli military escalation against Palestinians would most likely lead to the killing of some hostages, the Hamas armed wing' spokesperson said on Thursday, adding that the Israeli threats of war and blockade will not secure the release of the hostages.Reuters
Thu, Mar 6
U.S. RESEARCH ROUNDUP-Campbell's, Veeva Systems, Zscaler
March 6 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Campbell's, Veeva Systems and Zscaler on Thursday. HIGHLIGHTS * Arthur J. Gallagher & Co. AJG.N: Piper Sandler raises target price to $350 from $315...Reuters
Thu, Mar 6
Trump pick to lead consumer bureau clears key Senate hurdle
By Douglas Gillison and Pete Schroeder WASHINGTON, March 6 (Reuters) - A Senate banking panel voted on Thursday to advance President Donald Trump's nomination of former regulator Jonathan McKernan to lead the Consumer Financial Protection Bureau, an agency the White House has effectively put ...Reuters
Thu, Mar 6
