News
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Argentina to withdraw from WHO after Trump exit, citing 'deep differences'
Adds government's justification, backgroundBUENOS AIRES, Feb 5 (Reuters) - Argentina will pull out of the World Health Organization (WHO), a presidential spokesperson said on Wednesday, following President Donald Trump's executive order last month to pull the United States out of the global ...Reuters
Wed, Feb 5
UK City minister declines to quantify regulatory risks in growth push
LONDON, Feb 5 (Reuters) - Britain's government will not "put a number on" how much risk of consumer harm it is willing to accept in return for requiring regulators to cut costly red tape and help spark economic growth, its new financial services minister said.Prime Minister Keir Starmer&...Reuters
Wed, Feb 5
BRIEF-Japan Lab And Intel Set Out To Develop Next-Gen Quantum Computer, Nikkei Reports
Feb 5 (Reuters) - Nikkei:JAPAN LAB AND INTEL SET OUT TO DEVELOP NEXT-GEN QUANTUM COMPUTERJAPAN'S NATIONAL INSTITUTE OF ADVANCED INDUSTRIAL SCIENCE & TECHNOLOGY PLANS TO MAKE COMPUTER AVAILABLE TO DOMESTIC & FOREIGN UNIVERSITIESDEVELOPMENT IS EXPECTED TO COST TENS OF BILLIONS OF YENFurthe...Reuters
Wed, Feb 5
Hub acquires Missouri-based Lindenwood Agency
By Isha MaratheFeb 5 - (The Insurer) - Hub International has acquired Lindenwood Agency, a commercial and personal insurance provider based in St. Charles, Missouri. The financial terms of the deal were not disclosed. Melodie Smith, president, and Ryan Mica, vice president, of Lindenwood will join ...Reuters
Wed, Feb 5
UN refugee boss urges donors to fill gap left by Trump aid freeze
BRUSSELS, Feb 5 (Reuters) - The U.N. refugee agency has appealed to donors to bring forward planned payments after the Trump administration put hundreds of millions of dollars of donations on hold as part of its foreign aid freeze, the organisation's boss told Reuters.Filippo Grandi, the U.N. Hi...Reuters
Wed, Feb 5
Australia's Macquarie to wind down US debt capital markets arm, Bloomberg reports
Updates with further details from the report in paragraphs 2-3, Macquarie's response in paragraph 4Feb 5 (Reuters) - Australia's Macquarie MQG.AX is set to shutter its U.S. debt capital markets arm, as it plans to focus its resources on private credit, Bloomberg News reported on Wednesday, c...Reuters
Wed, Feb 5
Stanley Black & Decker sees weak 2025 profit, prepares to blunt tariff impact
Company forecasts profit below estimates Plans supply chain actions to counter Trump's tariffsFourth quarter results beat estimates, aided by cost-reduction programUpdates share move in para 2, adds comments from post-earnings call in para 6By Anandita Mehrotra Feb 5 (Reuters) - Stanley Black...Reuters
Wed, Feb 5
PartnerRe names Theokli head of group retrocession
By Chris MunroFeb 5 - (The Insurer) - PartnerRe has announced its second senior promotion in recent days with the appointment of Zino Theokli as head of group retrocession.London-based Theokli most recently served PartnerRe as senior underwriter for specialty property, engineering and downstream ene...Reuters
Wed, Feb 5
ClimateWise: Majority of insurers improving climate and nature risk management
By Rebecca DelaneyFeb 5 - (The Insurer) - Members of ClimateWise, a global environmental initiative for the insurance industry, have demonstrated a "generally strong" approach to incorporating climate and nature into underwriting at a high level, although average scores declined in the 2024 ...Reuters
Wed, Feb 5
Tunisian court hands lengthy prison terms to top politicians
TUNIS, Feb 5 (Reuters) - A Tunisian court sentenced a number of top politicians, former officials and journalists to long prison terms on Wednesday, defence lawyers said, the latest move in what critics say is an attempt to stamp out opposition to President Kais Saied.Among those sentenced on charge...Reuters
Wed, Feb 5
BRIEF-Santander Brasil says no concern about credit for large companies
Feb 5 (Reuters) - Banco Santander Brasil SA SANB3.SA:NO CONCERN ABOUT CREDIT FOR LARGE COMPANIES DESPITE THE MACRO SCENARIO - CEOSANTANDER BRASIL REMAINS FOCUSED ON REACHING A 20% ROE LEVEL - CEOSANTANDER BRASIL TO CONTINUE REDUCING BRANCH NETWORK THIS YEAR - CEOSANTANDER BRASIL STARTED A HEDGE STRA...Reuters
Wed, Feb 5
OpenAI's Altman to stop in Abu Dhabi for MGX fundraising talks, sources say
OpenAI's Altman visits UAE for talks with Abu Dhabi's MGXAltman visit to the UAE follows whirlwind Asia tourSoftBank in talks to lead up to $40 bln OpenAI funding UAE in race to become an AI leader, looks beyond oil Update with background of OpenAI businessBy Federico Maccioni and Krystal Hu...Reuters
Wed, Feb 5
CORRECTED-Former NLRB member sues Trump administration over firing
Corrects second paragraph to remove language saying that Wilcox claimed her removal violated the U.S. Constitution WASHINGTON, Feb 5 (Reuters) - A former member of the National Labor Relations Board sued U.S. President Donald Trump and the NLRB on Wednesday, alleging she was illegally fired from ...Reuters
Wed, Feb 5
Price Forbes expands Turkish operations with Süer named chairman & CEO
By Ryan HewlettFeb 5 - (The Insurer) - Price Forbes, the speciality broker which forms part of the Ardonagh Group, has expanded its brand into the Turkish insurance market with Gökçen Süer appointed as chairman and CEO of Price Forbes Türkiye.Süer brings over 25 years of wholesale and reinsurance br...Reuters
Wed, Feb 5
NFL-Odds and predictions for Super Bowl LIX
Feb 5 (Reuters) - The Kansas City Chiefs are slight favourites to defeat the Philadelphia Eagles in Super Bowl LIX on Sunday, according to sportsbooks, in what will be a rematch of the NFL's 2023 championship showdown.The Chiefs, who will be chasing an unprecedented third straight title, are fav...Reuters
Wed, Feb 5
Australia's Macquarie to wind down US debt capital markets arm, Bloomberg reports
Feb 5 (Reuters) - Australia's Macquarie MQG.AX is set to shutter its U.S. debt capital markets arm, in a move that would impact roughly 80 jobs, Bloomberg News reported on Wednesday, citing unnamed sources with knowledge of the matter.Reuters
Wed, Feb 5
US casualty rates continue to rise despite softening market: Marsh
By Aidan GregoryFeb 5 - (The Insurer) - Intense competition in commercial property insurance and a moderation of casualty rate increases despite “acute” challenges in the US market were among the main drivers of a second consecutive quarterly global rate fall in the fourth quarter of 2024, according...Reuters
Wed, Feb 5
Trump administration to target transgender women in sports, White House says
WASHINGTON, Feb 5 (Reuters) - The Trump administration is taking a series of actions on Wednesday regarding the participation of transgender girls and women in school sports, a White House official said.The White House will review visa applications of transgender applicants for "fraud," the ...Reuters
Wed, Feb 5
FACTBOX-Airlines cautiously return to Middle East
Reorganises entries by those who are resuming flights and those still suspended; adds United Airlines resumption Feb 5 (Reuters) - Global airlines have started lifting suspensions on flights to and from Middle East after the ceasefire between Israel and Hamas went into force in January.Below are ...Reuters
Wed, Feb 5
