News
Important Only
Travelers changes personal insurance XoL cover to countrywide all-perils with lower retention
By Michael LoneyJuly 17 - (The Insurer) - Travelers at the July reinsurance renewals maintained its Northeast property catastrophe excess of loss (XoL) treaty with $1 billion of coverage and replaced its personal insurance coastal hurricane XoL protection with an all-perils countrywide treaty.Speaki...Reuters
Thu, Jul 17
Privacy group files complaint against AliExpress, TikTok and WeChat
STOCKHOLM, July 17 (Reuters) - Austrian advocacy group noyb filed data privacy complaints against China's AliExpress, TikTok and WeChat on Thursday, saying they failed to comply with European Union laws on providing users with a full copy of their data. While most tech companies have a tool to f...Reuters
Thu, Jul 17
US seeks one-day sentence for police officer convicted in Breonna Taylor case
By Sarah N. Lynch WASHINGTON, July 17 (Reuters) - The U.S. Justice Department has asked a federal judge to sentence a former Louisville police officer who was convicted last year of violating Breonna Taylor's civil rights to serve just one day in prison, despite the fact the conviction carrie...Reuters
Thu, Jul 17
Israeli strikes kill 27 in Gaza, three die in church late pope often spoke to
Three killed in Israeli strike on Gaza's Holy Family Church Pope Leo says 'deeply saddened' by deaths, Italy condemns attackIsrael reviewing incident, says doesn't target religious sites Hamas sources cite lack of progress at ceasefire talks By Nidal al-Mughrabi and Crispian Balmer ...Reuters
Thu, Jul 17
REFILE-OBITUARY-Connie Francis, US 'Stupid Cupid' pop singer, dies at 87
July 17 (Reuters) - Connie Francis, the American pop singer who topped the charts in the 1950s and 1960s with genre-spanning songs of youthful love and heartbreak, died on Wednesday night, her manager said. She was 87.Francis had been hospitalized earlier in July with severe pelvic pain, spending so...Reuters
Thu, Jul 17
Russia lodges protest over Japan-US military exercises
MOSCOW, July 17 (Reuters) - Russia has lodged a protest with the Japanese embassy in Moscow over the participation of Japanese forces in the large-scale U.S.-led military exercise Resolute Force Pacific, the Russian Foreign Ministry said on Thursday."Russia considers such irresponsible activity,...Reuters
Thu, Jul 17
DIARY-Political and General News Events from July 17
July 17 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY --------...Reuters
Thu, Jul 17
Bristol Myers, Pfizer to sell blood thinner Eliquis directly to US patients
By Mrinalika Roy and Michael ErmanJuly 17 (Reuters) - Bristol Myers BMY.N and Pfizer PFE.N said on Thursday they will start selling their blockbuster blood thinner, Eliquis, directly to cash-paying U.S. patients at a discount to its listed price as drugmakers are under pressure from the Trump admini...Reuters
Thu, Jul 17
FACTBOX-Food companies to phase out artificial colors amid 'Make America Healthy Again' campaign
July 17 (Reuters) - Packaged food makers in the U.S. have rolled out plans to eliminate the use of FD&C colors - a category of synthetic dyes - from their products, responding to Health Secretary Robert F. Kennedy Jr.'s Make America Healthy Again initiative and changing consumer preferences....Reuters
Thu, Jul 17
Waymo expands coverage in Austin, Texas, as robotaxi competition heats up
July 17 (Reuters) - Alphabet's GOOGL.O Waymo is expanding its service in Austin, Texas, to 90 square miles from 37 square miles earlier, the software giant's self-driving unit said on Thursday, seeking to protect its top position in the city from rivals such as Tesla.Waymo, which has over 10...Reuters
Thu, Jul 17
France's Mistral adds new AI features to rival US chatbots
PARIS, July 17 (Reuters) - French start-up Mistral announced new features to its AI chatbot Le Chat on Thursday as it tries to carve out a place for itself in a global AI race dominated by the United States and China.Often presented as France's and Europe's AI champion, Mistral competes with...Reuters
Thu, Jul 17
US auto safety agency shedding more than 25% of employees
WASHINGTON, July 17 (Reuters) - The U.S. auto safety agency is shedding more than 25% of its employees under financial incentive programs to depart the government offered by the Trump administration, according to data provided to Congress seen by Reuters.The National Highway Traffic Safety Administr...Reuters
Thu, Jul 17
JPMorgan appoints new leaders at its North America corporate banking unit, memo says
July 17 (Reuters) - JPMorgan Chase JPM.N has appointed Mike Lister and Brennan Spry as co-heads of North America corporate banking, according to an internal memo seen by Reuters. The move is aimed at reinforcing the Commercial and Investment Banking (CIB) unit, which has shown considerable strength ...Reuters
Thu, Jul 17
Marsh McLennan committed to helping tackle US litigation challenges, says Doyle
By Chris MunroJuly 17 - (The Insurer) - Marsh McLennan is committed to working with the business community and policymakers to tackle the challenging U.S. litigation environment, with clients told that given current conditions they cannot buy enough excess liability coverage.Speaking on the company&...Reuters
Thu, Jul 17
Top Wealth Group Signs MOU With Chinese Pharma For Pet Pharma Business Injection
July 17 (Reuters) - Top Wealth Group Holding Ltd TWG.O:TWG ANNOUNCES ENTRY INTO A MEMORANDUM OF UNDERSTANDING WITH CHINESE PHARMACEUTICAL GROUP FOR INJECTION OF PET PHARMACEUTICAL PRODUCTS BUSINESSTOP WEALTH GROUP HOLDING LTD - JILIN XIUZHENG TO INJECT BUSINESS FOR MAJORITY CONTROL OF TOP WEALTHTOP ...Reuters
Thu, Jul 17
US authors suing Anthropic can band together in copyright class action, judge rules
By Blake Brittain July 17 (Reuters) - A California federal judge ruled on Thursday that three authors suing artificial intelligence startup Anthropic for copyright infringement can represent writers nationwide whose books Anthropic allegedly pirated to train its AI system.U.S. District Judge Will...Reuters
Thu, Jul 17
EXCLUSIVE-Petrobras may redirect oil to Asia due to US tariff on Brazil, CEO says
By Rodrigo Viga Gaier RIO DE JANEIRO, July 17 (Reuters) - Brazilian state-run oil firm Petrobras PETR4.SA may redirect the oil it sells to the United States, sending more to Asia and Pacific markets due to higher tariffs the U.S. announced on Brazil, its chief executive told Reuters on Thursday.A...Reuters
Thu, Jul 17
