News
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BRIEF-Canada announces the launch of securities lending of the government's CMB holdings
Feb 7 (Reuters) - CANADA ANNOUNCES THE LAUNCH OF SECURITIES LENDING OF THE GOVERNMENT'S HOLDINGS OF CANADA MORTGAGE BONDSSource text: https://www.bankofcanada.ca/2025/02/securities-lending-of-the-governments-holdings-of-canada-mortgage-bonds/Reuters
Fri, Feb 7
EXCLUSIVE- Trump told GOP lawmakers he plans to announce reciprocal tariffs as early as Friday - sources
By Jarrett Renshaw and David MorganWASHINGTON, Feb 7 (Reuters) - President Donald Trump told Republican lawmakers that he plans to announce reciprocal tariffs as early as Friday, two sources familiar with the plans told Reuters.On the campaign trail, Trump promised to impose reciprocal tariffs on Am...Reuters
Fri, Feb 7
Iliad, CVC sound out Rome over Telecom Italia plans, sources say
Iliad exploring possible Italy tie-up with TIMCVC eyeing Vivendi stake in former phone monopolyItalian mobile market faces price competitionTIM to give strategy update next week Recasts combining stories on Iliad and CVCBy Elvira Pollina MILAN, Feb 7 (Reuters) - French telecoms group Iliad and CV...Reuters
Fri, Feb 7
Hub acquires Indiana-based Mayfield Insurance
By Mia MacGregorFeb 7 - (The Insurer) - Hub International has acquired the assets of Mooresville, Indiana-based Mayfield Insurance.Terms of the transaction were not disclosed.Founded in 1921, Mayfield Insurance is an independent agency that provides a wide range of commercial and personal insurance ...Reuters
Fri, Feb 7
US sets 'red line' against Hezbollah joining Lebanese government
US envoy says Hezbollah should remain 'disarmed and defeated'Hezbollah parliamentary leader criticises 'blatant interference'Hezbollah supporters protest in southern Beirut Adds Ortagus quotes in paragraph 11; Hezbollah and Lebanese presidency statements, protests in paragraphs 13-15...Reuters
Fri, Feb 7
Arch Capital adds Moczarski to board of directors
By Mia MacGregorFeb 7 - (The Insurer) - Arch Capital Group has appointed Alexander Moczarski, former chairman of Marsh McLennan International, to its board of directors, effective immediately.Moczarski brings experience from leadership roles at Marsh McLennan, Guy Carpenter & Company, and AIG.He...Reuters
Fri, Feb 7
Netanyahu invites US House speaker to visit Israel
WASHINGTON, Feb 7 (Reuters) - Israeli Prime Minister Benjamin Netanyahu on Friday invited U.S. House Speaker Mike Johnson to visit Israel this year. "You're invited to Israel this year in Jerusalem. I know you're busy but find space to do that. You'll be welcomed with a red carpet,&#...Reuters
Fri, Feb 7
Mexican president lauds lower interest rate as 'good for the country'
MEXICO CITY, Feb 7 (Reuters) - Mexican President Claudia Sheinbaum on Friday celebrated the central bank's decision a day earlier to lower borrowing costs with a 50 basis-point cut to its benchmark interest rate, while adding she respects the monetary authority's autonomy.Sheinbaum made the ...Reuters
Fri, Feb 7
Pentagon's Hegseth: "diversity is our strength" is dumbest phrase in military history
WASHINGTON, Feb 7 (Reuters) - U.S. Defense Secretary Pete Hegseth on Friday chided past celebrations of the U.S. military's diversity in a broad address to Pentagon staff in which he also promised a tough approach to NATO and accountability over the war in Afghanistan."I think the single dum...Reuters
Fri, Feb 7
Markel CFO: Largest wildfire impact from fine art/specie book, more CPI losses likely in 2025
By Michael LoneyFeb 7 - (The Insurer) - Markel management has said that its largest impact from the Los Angeles wildfires is from international fine art and specie business, adding that it will likely see more collateral protection insurance (CPI) losses this year and that US casualty is achieving d...Reuters
Fri, Feb 7
Republican state attorneys scrutinize US asset managers over China funds
Updates February 6 story with responses from BlackRock in paragraphs 5-6 and Invesco in paragraph 10 Feb 7 (Reuters) - A group of 17 Republican state attorneys general alleged that top U.S. asset managers, including BlackRock BLK.N and State Street STT.N, were making improper or inadequate disclo...Reuters
Fri, Feb 7
Markel’s share price rises on business review news as CEO promises more clarity
By Michael LoneyFeb 7 - (The Insurer) - Markel’s share price rose more than 10 percent on Thursday on the news that the carrier will conduct a review of its business, with its CEO noting that investors also asked for “increased clarity”, including with respect to Markel Ventures' performance.Aft...Reuters
Fri, Feb 7
Countries vow 'unwavering' support for ICC, as Trump hits it with sanctions
Dozens of countries vow support to International Criminal CourtU.S. President Trump authorized sanctions against the court's staffIn first Trump term, ICC prosecutor, senior aide were sanctionedUnclear how quickly U.S. will announce designationsICC has issued arrest warrants for Netanyahu, Putin...Reuters
Fri, Feb 7
NFL-NFL to play first regular-season game in Dublin in 2025
Adds quotes and detailsBy Rory Carroll NEW ORLEANS, Feb 7 (Reuters) - The NFL will play its first-ever regular season game in Dublin in 2025 as the league continues its push into international markets. The game will take place at Croke Park, the largest sporting arena in Ireland, and feature the ...Reuters
Fri, Feb 7
Spain's Gascon goes silent for sake of 'Emilia Perez' film ahead of Oscars
MADRID, Feb 7 (Reuters) - Spanish actress Karla Sofia Gascon apologised on Friday for past social media posts denigrating Muslims and other groups and said she would go silent to help her movie "Emilia Perez" ahead of the Academy Awards, in which it was nominated in 13 categories.The first t...Reuters
Fri, Feb 7
EXCLUSIVE-OpenAI co-founder Sutskever's SSI in talks to be valued at $20 bln, sources say
SSI in talks to raise funding at $20 billion valuation, up from $5 billion last SeptemberSSI focuses on 'safe superintelligence' with no revenue yet Sutskever's track record and SSI's unique approach pique investor interestBy Kenrick Cai, Krystal Hu and Anna Tong Feb 7 (Reuters) -...Reuters
Fri, Feb 7
Ferragamo family seeks to send message of stability after CEO Gobbetti's exit
Family reassures staff on commitment when CEO Gobbetti leaves next month, source saysGobbetti's tenure saw sales drop 10%, shares lose 68% of valueFormer executives, family members to lead transitionBy Claudia Cristoferi and Elisa Anzolin MILAN, Feb 7 (Reuters) - Ferragamo's SFER.MI found...Reuters
Fri, Feb 7
ISS urges Apple investors to vote against scrapping diversity policies
Adds details and background from paragraph 3 Feb 7 (Reuters) - Influential proxy advisory firm Institutional Shareholder Services recommended on Friday that Apple AAPL.O investors vote against a proposal to consider eliminating the iPhone maker's diversity, equity and inclusion policies. ...Reuters
Fri, Feb 7
Nokia wins German court ruling against Amazon over streaming patent
FRANKFURT, Feb 7 (Reuters) - A German court ruled on Friday that Amazon AMZN.O has violated a video streaming patent owned by Finnish network equipment maker Nokia NOKIA.HE.The court in the western city of Duesseldorf confirmed a report by weekly magazine WirtschaftsWoche.Nokia was not immediately a...Reuters
Fri, Feb 7
Nearly 11,000 migrants deported from US to Mexico since Trump took office
Adds details on deportees, quote and background on recent deal with U.S.MEXICO CITY, Feb 7 (Reuters) - Mexico has received nearly 11,000 deported migrants from the United States since January 20 when U.S. President Donald Trump took office, Mexican President Claudia Sheinbaum said on Friday.She said...Reuters
Fri, Feb 7
