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Gabbard confirmed as US intel chief in latest victory for Trump
Vote comes as Trump pushes his party for quick confirmationsFormer leader McConnell only Republican no voteGabbard questioned over Syria, statements seen as pro-RussiaFormer Democrat now oversees all 18 US intelligence agenciesAdds detail on vote, paragraph 3, size of DNI budget in paragraph 6.By Pa...
Reuters
Wed, Feb 12
US Republicans struggle to find unity on taxes in Trump 'golden age'
House Republicans unveil plan to extend Trump tax cutsProposal would raise federal debt ceiling by $4 trillionSome argue that growth from tax initiatives could offset costsCongress faces looming deadlines for funding and debt ceilingAdds fresh Johnson quotes, paragraphs 5-6By David MorganWASHINGTON,...
Reuters
Wed, Feb 12
US Education Department rescinds Biden guidance on student athlete compensation
Feb 12 (Reuters) - The U.S. Department of Education said on Wednesday it rescinded guidance issued by the administration of President Joe Biden that payments to college athletes through name, image and likeness deals should be shared equally between male and female competitors.According to the depar...
Reuters
Wed, Feb 12
Israel calls up reservists as fears for fragile Gaza ceasefire rise
Netanyahu says Hamas must free more hostages on Saturday'If Hamas stops the hostage releases then there is no ceasefire and there is war,' says Israeli defence minister KatzEgypt and Qatar step up urgent mediation effortsEgypt to host Arab summit on Palestinian issuesTrump's plan for Gaz...
Reuters
Wed, Feb 12
Putin and Trump agreed to meet - TASS
MOSCOW, Feb 12 (Reuters) - Russian President Vladimir Putin and U.S. President Donald Trump spoke for nearly an hour and a half on Wednesday and agreed to meet, the Kremlin said, Putin's first known direct contact with a U.S. president since February 2022.
Reuters
Wed, Feb 12
Lloyd's RITC deals to accelerate amid non-life legacy momentum: PwC
By Rebecca DelaneyFeb 12 - (The Insurer) - The fourth quarter of 2024 saw an uptick in deal activity in the non-life legacy insurance market, with PwC expecting continued momentum over 2025, particularly for reinsurance to close (RITC) transactions at Lloyd's.$6.6bn in estimated gross liabilitie...
Reuters
Wed, Feb 12
Chevron announces 15% to 20% layoff of global workforce, source says
HOUSTON, Feb 12 - Chevron CVX.N will lay off 15% to 20% of its global workforce, the U.S. oil company said on Wednesday during an internal employee townhall meeting, according to a source familiar with the matter.
Reuters
Wed, Feb 12
Trump says he discussed ending Ukraine war with Russia's Putin
WASHINGTON, Feb 12 (Reuters) - U.S. President Donald Trump said he spoke with Russian President Vladimir Putin on Wednesday about starting negotiations immediately to end the war in Ukraine."We have also agreed to have our respective teams start negotiations immediately, and we will begin by cal...
Reuters
Wed, Feb 12
UK defence minister: NATO allies committed to step up Ukraine support
LONDON, Feb 12 (Reuters) - British defence minister John Healey said on Wednesday that NATO nations, including the United States, had made a clear commitment to step up their support for Ukraine, following a meeting of the Ukraine Defence Contact Group in Brussels.
Reuters
Wed, Feb 12
US Senate confirms Trump nominee Gabbard as intelligence chief
Vote is latest victory for Trump's nominee pushGabbard questioned over Syria, statements seen as pro-RussiaFormer Democrat now oversees all 18 US intelligence agenciesBy Patricia Zengerle WASHINGTON, Feb 12 (Reuters) - Tulsi Gabbard, a former U.S. representative with little intelligence exper...
Reuters
Wed, Feb 12
Zelenskiy says Ukraine will need US help to boost army if it can't join NATO
KYIV, Feb 12 (Reuters) - President Volodymyr Zelenskiy said Ukraine would need the U.S. to help it build up an army as big as that of Russia to serve as a "Plan B" if his country is not admitted into the North Atlantic Treaty Organization.Kyiv, which has been locked in all-out war with invad...
Reuters
Wed, Feb 12
TIMELINE-From non-profit roots to for-profit ambitions: the OpenAI saga
Updates to add latest events related to OpenAI Feb 12 (Reuters) - OpenAI CEO Sam Altman has said "no thank you" to a $97.4 billion bid for the startup's nonprofit parent from a consortium led by Elon Musk, the latest twist in a high-stakes power struggle over the future of the ChatGPT...
Reuters
Wed, Feb 12
EXCLUSIVE: Clearcover launches Illinois-based reciprocal exchange to jumpstart entry into NSA
By James ThalerFeb 12 - (The Insurer) - Clearcover has launched its Illinois-based reciprocal exchange as part of its entry into non-standard auto, with the new vehicle aimed at driving the insurtech’s profitability and growth.The auto insurtech recently capitalised Clearcover Inter-Insurance Exchan...
Reuters
Wed, Feb 12
ANALYSIS-With Eric Adams dismissal order, Trump's DOJ tests office that challenged him
New York mayor charged with corruption in 2024Office that charged Adams known for independenceTrump has expressed sympathy for Adams By Luc Cohen, Mike Spector and Jack Queen NEW YORK, Feb 12 (Reuters) - The Justice Department's order to drop corruption charges against New York City Mayor Eri...
Reuters
Wed, Feb 12
BRIEF-FDA Approves Genentech’S Evrysdi Tablet As First And Only Tablet For Spinal Muscular Atrophy (SMA)
Feb 12 (Reuters) - Genentech:FDA APPROVES GENENTECH’S EVRYSDI TABLET AS FIRST AND ONLY TABLET FOR SPINAL MUSCULAR ATROPHY (SMA)GENENTECH: EVRYSDI EXPECTED TO BE AVAILABLE IN COMING WEEKSSource text: ID:nBw6RDVS0aFurther company coverage: ROG.S
Reuters
Wed, Feb 12
Israel has US backing to remain beyond ceasefire date in Lebanon, Israeli TV says
CAIRO, Feb 12 (Reuters) - Israel said that the United States has authorised it to remain at several points in Lebanon beyond the agreed date for its full withdrawal, Israel's public broadcaster Kan TV said on Wednesday, citing senior cabinet officials.The date for the Israeli army's withdraw...
Reuters
Wed, Feb 12
Bessent says minerals deal could leave Ukraine with 'security shield' after the war
KYIV, Feb 12 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday that a critical minerals deal between Kyiv and Washington could leave Ukraine with "a security shield" once the war with Russia is over.He made the remark at a press conference in Kyiv, during a visit he describ...
Reuters
Wed, Feb 12
Mapfre calls for updated CCS wordings after €34mn Valencia flood loss
By Rebecca DelaneyFeb 12 - (The Insurer) - Spanish insurer Mapfre has disclosed that its fourth quarter earnings included a €34mn ($35.2mn) net impact from the floods that affected Valencia in October 2024.The group’s Iberian business recorded a €27mn hit, with €7mn borne by Mapfre Re, the company d...
Reuters
Wed, Feb 12
BRIEF-UK's MHRA Approves Gozetotide For Treatment Of Prostate Cancer
Feb 12 (Reuters) - UK's MHRA:UK'S MHRA: GOZETOTIDE APPROVED FOR TREATMENT OF PROSTATE CANCER - WEBSITEFurther company coverage: TLX.AX
Reuters
Wed, Feb 12
Egyptian president and king of Jordan agree that Gaza should be rebuilt without displacing Palestinians, Egypt's presidency says
CAIRO, Feb 12 (Reuters) - Egyptian President Abdel Fattah al-Sisi and Jordanian King Abdullah said that Gaza should be rebuilt without displacing Palestinians, Egypt's presidency said in a statement reporting a phone call between the two on Wednesday.U.S. President Donald Trump has continued to ...
Reuters
Wed, Feb 12
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