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NHTSA closes engine failure probe into 454,840 Nissan vehicles
July 21 (Reuters) - The National Highway Traffic Safety Administration said on Monday that it is closing a preliminary evaluation into 454,840 Nissan 7201.T vehicles in the U.S. over complaints of complete loss of motive power due to engine failure.Reuters
Mon, Jul 21
US cannot compel Israel to do anything in conflict with Lebanon, special envoy says
BEIRUT, July 21 (Reuters) - U.S. special envoy Thomas Barrack said on Monday that when it comes to the conflict between Lebanon and Israel, the U.S. cannot compel Israel to do anything."The U.S. has no business in trying to compel Israel to do anything... America could only influence," he sa...Reuters
Mon, Jul 21
Musk's X denies French allegations of fraudulent data extraction, algorithm abuse
July 21 (Reuters) - Elon Musk's social media platform X said on Monday it denied all allegations made by French authorities over manipulation of its algorithm and "fraudulent data extraction," adding that it has not acceded to the demands made in a French criminal investigation."Fren...Reuters
Mon, Jul 21
X Says French Authorities Have Launched A Criminal Investigation Into X
July 21 (Reuters) - GLOBAL GOVERNMENT AFFAIRS X: FRENCH AUTHORITIES HAVE LAUNCHED A CRIMINAL INVESTIGATION INTO XX : FRENCH INVESTIGATION INTO X OVER THE ALLEGED MANIPULATION OF ITS ALGORITHM AND ALLEGED “FRAUDULENT DATA EXTRACTIONX: X CATEGORICALLY DENIES FRANCE'S ALLEGATIONSX: FRENCH AUTHORITI...Reuters
Mon, Jul 21
SS&C to buy Carlyle's British fund network Calastone for about $1 billion
July 21 (Reuters) - Financial software provider SS&C Technologies SSNC.O said on Monday it will acquire Carlyle's CG.O British fund network and data business Calastone for about 766 million pounds ($1.03 billion).($1 = 0.7437 pounds)Reuters
Mon, Jul 21
Iran, China and Russia to discuss UN snapback mechanism on Tuesday, Iranian foreign ministry says
DUBAI, July 21 (Reuters) - A trilateral meeting between Iran, Russia and China will take place on Tuesday regarding Tehran's nuclear programme and the United Nations snapback mechanism, Iranian Foreign Ministry spokesperson Esmaeil Baghaei said on Monday. The U.N. snapback mechanism refers to ef...Reuters
Mon, Jul 21
ANALYSIS-Trump's renewed interest in Pakistan has India recalibrating China ties
By Shivam Patel and Aftab Ahmed NEW DELHI, July 21 (Reuters) - U.S. President Donald Trump's lunch meeting with Pakistan's military chief prompted a private diplomatic protest from India in a warning to Washington about risks to their bilateral ties while New Delhi is recalibrating relati...Reuters
Mon, Jul 21
Nvidia CEO's China charm offensive underscores rock star status in key market
BEIJING/SHANGHAI, July 21 (Reuters) - Nvidia NVDA.O CEO Jensen Huang is no stranger to Beijing, but his most recent visit, his third to China this year, cemented his rock star status in the country, where fans mingled freely with the AI titan on the streets of the capital.
Reuters
Mon, Jul 21
China says Wells Fargo banker under exit ban is involved in a criminal case
BEIJING, July 21 (Reuters) - China's foreign ministry said on Monday that Chenyue Mao, the Wells Fargo WFC.N banker who has been blocked from leaving the country, was involved in a criminal case and obliged to cooperate with the investigation. Chinese law enforcement authorities have restricted ...Reuters
Mon, Jul 21
Alchemy unveils MGA underwriting portal with SME property as debut class
Alchemy's portal launches with North American SME property businessPlatform developed by Wright and Mitchell, former Lloyd’s DTW Syndicate leadersPortal aims to enhance underwriting efficiency and data-driven pricingBy Ryan HewlettJuly 21 - (The Insurer) - Alchemy Underwriting has formally launc...Reuters
Mon, Jul 21
Homes covered by Flood Re policies rise 20% to record high
By Rebecca DelaneyJuly 21 - (The Insurer) - The number of policies ceded to Flood Re increased by 20% to a record 346,200 in the year ended March 31, 2025, according to the reinsurance scheme's latests accounts filed on Monday.Now in its tenth year, more than 660,000 households have secured cove...Reuters
Mon, Jul 21
PRESS DIGEST- New York Times business news - July 21
July 21 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- Alaska Airlines ALK.N requested a ground stop for its entire fleet late Sunday due to an IT systems issue, with the cause of the ...Reuters
Mon, Jul 21
Agile Syndicate 2427 targets stamp of 63.5 million pounds for 2026 YoA
Agile 2427 expands into property, expects it to be "big proportion" of business writtenCasualty and PI growth to be steadyAvoiding US competition for property and casualtyBy Michael JonesJuly 21 - (The Insurer) - Agile Syndicate 2427 is aiming to grow its stamp capacity by 41% to 63.5 millio...Reuters
Mon, Jul 21
PRESS DIGEST -Wall Street Journal - July 21
July 21 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- Alaska Airlines ALK.N resumed operations after grounding its entire fleet for several hours on Sunday evening due to a software outage. ...Reuters
Mon, Jul 21
CVC Capital Partners To Sell Minority Stake in Etraveli Group to KKR
July 21 (Reuters) - CVC Capital Partners PLC CVC.AS:KKR HAS AGREED TO ACQUIRE A SIGNIFICANT MINORITY STAKE IN GLOBAL TRAVEL TECHNOLOGY COMPANY ETRAVELI GROUPFINANCIAL DETAILS OF THE TRANSACTION HAVE NOT BEEN DISCLOSEDSource text: tinyurl.com/yu3yz269Reuters
Mon, Jul 21
Exclusive: Alcor names Graham head and hires DeCouto to lead new Atlanta office
By Chris MunroJuly 21 - (The Insurer) - Alcor Group has appointed Joshua Graham as its new head, while the Beat Capital Partners subsidiary has also recruited Sophie DeCouto to build a book of U.S. E&S property business from its new Atlanta, Georgia office.Graham has succeeded Chris Fisher as Al...Reuters
Mon, Jul 21
Allianz and Jio commit to launching Indian reinsurance JV
By Chris MunroJuly 21 - (The Insurer) - Allianz Group and Jio Financial Services Limited have agreed to establish a reinsurance joint venture that will support India’s stated vision of 'Insurance for All' by 2047.The binding agreement will combine Allianz’s global underwriting and reinsuranc...Reuters
Mon, Jul 21
Microsoft to help France showcase Paris' Notre-Dame Cathedral in digital replica
By Foo Yun CheeJuly 21 (Reuters) - Microsoft MSFT.O is teaming up with the French government to create a digital replica of Paris' Notre-Dame Cathedral, France's most visited monument, the U.S. tech company's president, Brad Smith, said on Monday.The 862-year-old Gothic masterpiece was r...Reuters
Mon, Jul 21
