News
Important Only
Zelenskiy says Ukraine needs 'substantive' diplomacy to end war, hopes to rely on US
March 3 (Reuters) - President Volodymyr Zelenskiy said on Monday that Ukraine had to engage in "substantive" diplomacy to bring to a rapid end the three-year-old war with Russia, and he hoped to be able to rely on U.S. support in securing peace."It is very important that we try to make o...Reuters
Mon, Mar 3
Pfizer could use existing US manufacturing to counter potential tariff hit
Adds background in paragraphs 5-8By Christy Santhosh March 3 (Reuters) - Pfizer PFE.N CEO Albert Bourla said on Monday the drugmaker might move overseas manufacturing to its existing plants in the United States, if required, as the Trump administration threatens numerous tariffs on imported goods...Reuters
Mon, Mar 3
Citi's consumer and retail M&A head Finkelstein to leave bank, sources say
By Abigail Summerville NEW YORK, March 3 (Reuters) - David Finkelstein, a veteran investment banker who currently heads Citigroup's C.N global consumer and retail banking franchise, is leaving the bank, people familiar with the matter told Reuters on Monday.Finkelstein, who is based in New Yo...Reuters
Mon, Mar 3
U.S. RESEARCH ROUNDUP- Autodesk, Fedex, Morgan Stanley Direct Lending Fund
March 3 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Autodesk, Fedex and Morgan Stanley Direct Lending Fund, on Monday. HIGHLIGHTS * Autodesk Inc ADSK.O: HSBC cuts target price to $275 from $290* Brown-Forman ...Reuters
Mon, Mar 3
Basketball-Serena Williams takes ownership stake in WNBA's Toronto Tempo
TORONTO, March 3 (Reuters) - Retired tennis great Serena Williams has taken an ownership stake in Canada's first Women's National Basketball Association team, the Toronto Tempo announced on Monday.Williams, a 23-time Grand Slam singles champion who made her professional debut in Canada in 19...Reuters
Mon, Mar 3
US SEC offers staff $50,000 to resign or retire, memo says
By Chris Prentice NEW YORK, March 3 (Reuters) - The U.S. Securities and Exchange Commission is offering some employees $50,000 if they choose to resign or to retire under an early retirement program, according to an agency memo seen by Reuters.The SEC alongside other federal agencies has been loo...Reuters
Mon, Mar 3
XS Global brings in ART and parametric specialist Gross from Cooper Gay
By Chris MunroMarch 3 - (The Insurer) - XS Global has bolstered its alternative risk transfer (ART) and parametric capabilities with the hire of Cooper Gay and Meteo Project executive Gabriel Gross.Gross, who is based in Paris, France, joined XS Global on March 1 and has been given the title of dire...Reuters
Mon, Mar 3
BRIEF-Blackstone & Sixth Street Make Fourth Indicative Proposal For Warehouse REIT
March 3 (Reuters) - Blackstone Europe LLP:BLACKSTONE AND SIXTH STREET MAKE FOURTH INDICATIVE PROPOSAL FOR WAREHOUSE REITPROPOSAL VALUES WAREHOUSE REIT AT ABOUT £470 MILLIONCONSORTIUM MUST ANNOUNCE INTENTION TO MAKE OFFER FOR WAREHOUSE REIT BY 31 MARCHSource text: [ID:]Further company coverage: BX.NReuters
Mon, Mar 3
Corporate payments fintech startup Ramp valued at $13 billion after share sale deal
March 3 (Reuters) - Ramp, a fintech startup that offers corporate cards and software for managing employee expenses, was valued at $13 billion after signing a cash out deal for its investors and some employees, further signaling renewed investor appetite in high-growth startups. The five-year-old st...Reuters
Mon, Mar 3
US FCC chair says EU Digital Services Act is threat to free speech
FCC chair Carr calls for stop to 'censorship'Follows JD Vance denouncing content moderation European Commission says allegations completely unfoundedAdd context in paragraphs 4-5, quote from Carr in paragraph 6, background paragraph 11, edits throughoutBy Supantha Mukherjee STOCKHOLM, Mar...Reuters
Mon, Mar 3
Vanguard resumes stewardship meetings after reviewing SEC guidance
By Ross Kerber March 3 (Reuters) - Top mutual fund firm Vanguard has resumed stewardship meetings with portfolio companies after reviewing new guidance from securities regulators, a document seen on Monday by Reuters shows.Vanguard's move follows a similar step by rival BlackRock BLK.N last m...Reuters
Mon, Mar 3
EXCLUSIVE-Egypt's alternative to Trump's 'Gaza Riviera' aims to sideline Hamas
Egypt's draft Gaza plan has no role for Hamas - draft proposalArab states seek to counter Trump's Gaza vision Governance Assistance Mission would replace Hamas-run governmentInternational Stabilisation Force would provide securityAdds White House comment in paragraphs 14 and 15By Andrew Mil...Reuters
Mon, Mar 3
Trump says Zelenskiy made 'worst statement' about Ukraine war
Adds background in paragraphs 3-6 WASHINGTON, March 3 (Reuters) - U.S. President Donald Trump criticized Ukrainian leader Volodymyr Zelenskiy on Monday over comments he made that a deal to end the war with Russia was not near. On his Truth Social platform, Trump posted an Associated Press stor...Reuters
Mon, Mar 3
Germany eyes swift moves on defence, investors sniff bonanza
Parties agree spending shake-up, sources saySpecial funds mulled to circumvent debt brakeLikely Chancellor hopes for agreement before EU summitTrump-Zelenskiy bust-up over Ukraine heightens sense of urgencyAdds Merz quote in paragraph 4, AfD in 12, details on funds in 16, 18By Andreas Rinke and Chri...Reuters
Mon, Mar 3
Flood Re names ex-HSBC exec Thomas as permanent CEO
By Rebecca DelaneyMarch 3 - (The Insurer) - UK reinsurance backstop Flood Re has named Perry Thomas as CEO, succeeding Stuart Logue, who has held the role on an interim basis since August 2024.Logue, who previously served as Flood Re's chief financial officer for close to four years, is now set ...Reuters
Mon, Mar 3
US airlines want less helicopter traffic near Washington airport
Recasts first paragraph, adds details on recommendations in paragraphs 4-11FAA has temporarily barred most helicopters near DC airportUS Army helicopter collided with airliner on January 29By David Shepardson WASHINGTON, March 3 (Reuters) - A group representing U.S. airlines plans to urge federal...Reuters
Mon, Mar 3
Chief scientist Bennett departs SCS specialist Demex
By Henry GaleMarch 3 - (The Insurer) - Demex's co-founder and chief scientist Stephen Bennett has left the company after five years.Bennett marked his last day at the company in a LinkedIn post on Monday, but did not immediately disclose his next move. Demex specialises in parametric reinsurance...Reuters
Mon, Mar 3
