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Serbian oil company NIS asks U.S. Treasury for a 90-day waiver of sanctions
Adds quotes from the statement, details, background BELGRADE, Feb 4 (Reuters) - Serbian oil company NIS, which is majority-owned by Russia's Gazprom Neft SIBN.MM and Gazprom GAZP.MM, has submitted a formal request to the U.S. Treasury Department for a waiver of sanctions for 90 days, Serbia&#...Reuters
Tue, Feb 4
KKR sweetens offer for Fuji Soft as bidding war with Bain goes another round
KKR raises offer for IT firm to 9,850 yen per share Rival Bain offering 9,600 yen per shareKKR first made offer for Fuji Soft in AugustUpdates with closing share price in paragraph 5, analyst comment in paragraph 6By Anton Bridge TOKYO, Feb 4 (Reuters) - U.S. private equity firm KKR KKR.N has swe...Reuters
Tue, Feb 4
StanChart picks former South African bank boss Ramos as new chair
New StanChart chair is experienced banking executivePrevious chair Vinals oversaw turbulent COVID eraBank is cutting retail, investing in wealth to boost fee incomeAdds details on bank's performance, tasks facing new chair in paragraphs 4-8By Lawrence White LONDON, Feb 4 (Reuters) - Standard ...Reuters
Tue, Feb 4
Israeli military operation turns Jenin refugee camp into 'ghost town'
Israel forces began military operation in Jenin last monthIsrael says aim is to suppress Iran-backed militant groupsUN Palestinian relief agency says Jenin now a 'ghost townBy Ali Sawafta JENIN, West Bank, Feb 4 (Reuters) - An Israeli military operation in Jenin has turned the West Bank refug...Reuters
Tue, Feb 4
UNRWA says financial situation of agency expected to worsen
GENEVA, Feb 4 (Reuters) - The U.N. Palestinian relief agency UNRWA said on Tuesday it expected its financial situation to worsen, even before an anticipated decision by U.S. President Donald Trump to continue a halt to its funding.Asked to comment, UNRWA spokesperson Juliette Touma said: "When a...Reuters
Tue, Feb 4
BRIEF-Panasonic Group CEO Kusumi - Intend To Implement Early Retirement Offers In Some Group Businesses During Next Fiscal Year
Feb 4 (Reuters) - Panasonic Holdings Corp 6752.T:PANASONIC GROUP CEO KUSUMI: INTEND TO IMPLEMENT EARLY RETIREMENT OFFERS IN SOME GROUP BUSINESSES DURING NEXT FISCAL YEARPANASONIC GROUP CEO KUSUMI: WE'LL ONLY INVEST IN BATTERY EV SEGMENT WITHIN THE SCOPE OF DEMAND SET WITH AUTOMAKERSPANASONIC GRO...Reuters
Tue, Feb 4
FACTBOX-From Johnnie Walker to Corona beer, major alcohol firms could face tariff hit
Updates to add Diageo's comments on tariff impact Feb 4 (Reuters) - Makers of alcoholic beverages such as Johnnie Walker whisky and Corona beer could be caught in the crosshairs of a potential trade war after U.S. President Donald Trump imposed sweeping new tariffs on goods from Mexico, Canad...Reuters
Tue, Feb 4
USAID contractors fire staff, face cash crunch as Trump causes chaos in aid world
By Daphne Psaledakis and Humeyra Pamuk WASHINGTON, Feb 4 (Reuters) - President Donald Trump's overhaul of U.S. foreign assistance has led to chaos in the aid and development field, leaving hundreds of contractors in a severe financial crunch with some already having to lay off staff and other...Reuters
Tue, Feb 4
Waabi ties up with Volvo to roll out self-driving trucks
By Akash SriramFeb 4 (Reuters) - Self-driving technology company Waabi said on Tuesday it has partnered with truckmaker Volvo's VOLVb.ST driverless systems unit to develop and deploy big rigs that drive themselves.Fleets and truck manufacturers have been looking towards self-driving vehicle tech...Reuters
Tue, Feb 4
BREAKINGVIEWS-Corporate division generates problematic quotients
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.By Jeffrey Goldfarb NEW YORK, Feb 4 (Reuters Breakingviews) - Simplicity is hard. For all the breezy and cavalier rhetoric that pushy investors, bankers and CEOs use to tout the benefits of breaking up companies, ...Reuters
Tue, Feb 4
WTW confirms hire of Marsh's Graziano to CRB North America unit
By Rebecca DelaneyFeb 4 - (The Insurer) - WTW has confirmed the appointment of senior Marsh and former JLT Specialty executive Paul Graziano to its Corporate Risk and Broking segment for North America, as revealed yesterday by The Insurer.Based in Denver, Graziano will serve as growth leader for Nor...Reuters
Tue, Feb 4
Suncorp completes NZ$410mn sale of NZ life units
By Ryan HewlettFeb 4 - (The Insurer) - Suncorp Group has completed the previously announced sale of its New Zealand life insurance business after receiving regulatory approval.The sale of Asteron Life Limited to Resolution Life NOHC formally completed on 31 January 2025.The group’s New Zealand gener...Reuters
Tue, Feb 4
Serbian oil company NIS asks U.S. Treasury for a waiver of sanctions for 90 days
BELGRADE, Feb 4 (Reuters) - Serbian oil company NIS, which is majority-owned by Russia's Gazprom GAZP.MM, has submitted a formal request to the U.S. Treasury Department for a waiver of sanctions for 90 days, Serbia's energy ministry said on Tuesday.Russia said last month that was in contact ...Reuters
Tue, Feb 4
OpenAI clinches deal with Kakao, talks with SoftBank and Samsung about Stargate
Kakao deal follows unveiling of Japan partnership with SoftBankAltman says Korean firms to be important to Stargate ecosystem OpenAI looking at joining South Korean AI computer centre projectSoftBank's Son: potential Stargate cooperation with Samsung discussedAltman due to visit India on Wednesd...Reuters
Tue, Feb 4
Kremlin says EU defence spending pledge was based on the false idea of a threat from Russia
MOSCOW, Feb 4 (Reuters) - The Kremlin said on Tuesday that a pledge by European Union leaders to do more to bolster their defences against Russia by hiking spending was based on an "ephemeral threat" from Moscow and that European economies would suffer as a result.Kremlin spokesman Dmitry Pe...Reuters
Tue, Feb 4
Japan's megabanks set for record FY profit after strong Q3
Japan's top three banks on course for record full-year profitsInterest rate hikes boost loan spreadsOffloading of cross-shareholdings a tailwind Rewrites to incorporate all three banks' earningsBy Anton BridgeTOKYO, Feb 4 (Reuters) - All three of Japan's "megabanks" are on course...Reuters
Tue, Feb 4
Tariffs could deal $200 million blow to Diageo in second half
Recasts with CFO and CEO comments LONDON, Feb 4 (Reuters) - Diageo DGE.L estimates its operating profit could be dented by roughly $200 million if U.S. tariffs on Mexico and Canada are implemented in March, its finance chief Nik Jhangiani said on Tuesday, adding it had strategies to offset the im...Reuters
Tue, Feb 4
Trump will be constructive in trade talks with EU, Luxembourg's Bettel says
WARSAW, Feb 4 (Reuters) - US President Donald Trump will be constructive in trade talks with the EU, in order to avoid a trade war and spiking inflation in his own economy, Luxembourg's foreign minister Xavier Bettel said on Tuesday."All the European products, if they have to pay much more, ...Reuters
Tue, Feb 4
RP Underwriting inks Ascot capacity deal for NA transactional risk offering
By Chris MunroFeb 3 - (The Insurer) - RiskPoint Group’s RP Underwriting has added Ascot capacity to the panel of US carrier partners supporting its transactional risk program.The partnership means that from 1 January 2025, AM Best A rated Ascot Insurance Company and Ascot Specialty Insurance Company...Reuters
Tue, Feb 4
Epic appointed exclusive broker for LeadingAge’s national program
By Chris MunroFeb 3 - (The Insurer) - Epic Insurance Brokers & Consultants has been appointed as the exclusive broker and program administrator for non-profit LeadingAge’s Aging Services Insurance offering.LeadingAge is a group that represents over 5,400 ageing services providers and other affil...Reuters
Tue, Feb 4
