News
Important Only
MSIG USA promotes Wray to head of property
By Mia MacGregorJuly 9 - (The Insurer) - MSIG USA has appointed Philip Wray as head of property. Wray, who joined the company in 2015, most recently served as executive vice president of property.Prior to joining MSIG USA, Wray served as president of Tokio Marine Global and held senior roles at Swis...Reuters
Wed, Jul 9
Inshur raises $35 million from Trinity Capital in latest funding round
By Ashish TiwariJuly 9 - (The Insurer) - Commercial auto insurtech Inshur has secured $35 million in funding from alternative asset manager Trinity Capital, the company said on Wednesday.Inshur said the funding will support R&D focused on AI-powered underwriting and real-time pricing, which it h...Reuters
Wed, Jul 9
Russia says it has evidence Ukraine has repeatedly used anti-personnel landmines
MOSCOW, July 9 (Reuters) - Russia's foreign ministry said on Wednesday that it has evidence that Ukraine has repeatedly used anti-personnel mines which have injured civilians and so Kyiv's exit from the Ottawa Convention would have no impact on the battlefield.Ukraine last month announced it...Reuters
Wed, Jul 9
Sironax Grants Novartis Exclusive Option To Acquire Its Brain Delivery Platform
July 9 (Reuters) - Novartis AG NOVN.S:SIRONAX: GRANTS NOVARTIS EXCLUSIVE OPTION TO ACQUIRE ITS BRAIN DELIVERY PLATFORM WHILE RETAINING RIGHTS TO ADVANCE SELECTED THERAPEUTIC ASSETSSIRONAX: SIRONAX IS ELIGIBLE TO RECEIVE UP TO $175 MILLION IN UPFRONT AND NEAR-TERM PAYMENTS UNDER AGREEMENTSIRONAX: UND...Reuters
Wed, Jul 9
EXCLUSIVE-Ambani's Reliance Jio delays India IPO beyond this year, sources say
Reliance had planned 2025 listing for JioAim was for it to be India's biggest IPOReliance Retail IPO unlikely before 2027 or 2028, source saysBy Aditya Kalra and Scott Murdoch NEW DELHI/SYDNEY, July 9 (Reuters) - Indian telecoms and digital giant Reliance Jio Platforms, led by billionaire Muk...Reuters
Wed, Jul 9
Sironax Grants Novartis Exclusive Option To Acquire Its Brain Delivery Platform While Retaining Rights To Advance Selected Therapeutic Assets
July 9 (Reuters) - Novartis AG NOVN.S:SIRONAX GRANTS NOVARTIS EXCLUSIVE OPTION TO ACQUIRE ITS BRAIN DELIVERY PLATFORM WHILE RETAINING RIGHTS TO ADVANCE SELECTED THERAPEUTIC ASSETSNOVARTIS AG - NOVARTIS WILL EVALUATE BDM PLATFORM WITHIN AN OPTION PERIODNOVARTIS AG - SIRONAX IS ELIGIBLE TO RECEIVE UP ...Reuters
Wed, Jul 9
English version of animated Chinese hit 'Ne Zha 2' heading to theaters
By Danielle Broadway LOS ANGELES, July 9 (Reuters) - A24 and CMC Pictures are teaming up to bring an English-language version of the globally successful Chinese animated film "Ne Zha 2" to theaters in the U.S., Canada, Australia and New Zealand on August 22, the companies said on Wednesda...Reuters
Wed, Jul 9
Gilead, Global Fund finalize plan to supply HIV prevention drug to poor countries
Gilead to supply lenacapavir at cost to 2 million people over three yearsGlobal Fund prioritizes access based on HIV incidence, focuses on sub-Saharan AfricaGilead CEO hopeful of future US funding for global HIV programsBy Deena Beasley and Jennifer Rigby July 9 (Reuters) - Gilead Sciences GILD.O...Reuters
Wed, Jul 9
Automakers push EV sales as $7,500 US tax credit is set to end
EV sales expected to get a lift as tax-credit expiration nearsAutomakers offer incentives to boost EV sales before tax credit endsTax credit set to disappear September 30By Nora Eckert and Abhirup Roy DETROIT, July 9 (Reuters) - Automakers are urging customers to snap up electric vehicles before ...Reuters
Wed, Jul 9
EU lawmakers reject attempt to curb far right's sway on climate talks
Far-right lawmakers to lead EU climate target talksPatriots group opposes EU climate change policiesLawmakers reject attempt to fast-track negotiationsBy Kate Abnett BRUSSELS, July 9 (Reuters) - The European Parliament on Wednesday rejected a proposal to fast-track talks on the EU's new clima...Reuters
Wed, Jul 9
Morning News Call - Canada, July 9
To access a PDF version of this newsletter, please click here You can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-page COMPANIES REPORTING R...Reuters
Wed, Jul 9
Oak Re bolsters marine and energy treaty with TransRe's Monks
By Michael JonesJuly 9 - (The Insurer) - Charles Monks has resigned from his role as senior underwriter for marine and energy treaty at TransRe to join Oak Re Syndicate 2843, three senior marine reinsurance sources told The Insurer.Those sources said that Monks will take up a senior position within ...Reuters
Wed, Jul 9
Canadian drugmaker Theratechnologies beats Q2 revenue estimates on strong demand
OverviewTheratechnologies Q2 revenue of $17.7 mln beats analyst expectations, per LSEG dataNet loss for Q2 was $4.46 mln, missing analyst estimates, per LSEG dataCo entered definitive agreement to be acquired by Future Pak affiliateOutlookTheratechnologies withdraws Fiscal 2025 revenue and EBITDA gu...Reuters
Wed, Jul 9
Nextgen Digital Announces Private Placement Of Special Warrants For Asset-Backed Notes
July 9 (Reuters) - Nextgen Digital Platforms Inc NXT.CD:NEXTGEN DIGITAL ANNOUNCES PRIVATE PLACEMENT OF SPECIAL WARRANTS CONVERTIBLE INTO SECURED DIGITAL ASSET-BACKED NOTESNEXTGEN DIGITAL PLATFORMS INC - OFFERING OF 2,000 SPECIAL WARRANTS FOR C$2,000,000NEXTGEN DIGITAL PLATFORMS INC - SPECIAL WARRANT...Reuters
Wed, Jul 9
New German chancellor set for first China visit later this year, source says
By John O'Donnell and Christoph Steitz FRANKFURT, July 8 (Reuters) - German Chancellor Friedrich Merz is set to make his first visit to China towards the end of this year with a delegation of top business executives, a person with direct knowledge of the matter said.The visit from the head of...Reuters
Wed, Jul 9
ASML scraps inclusion and diversity targets in the US
AMSTERDAM, July 9 (Reuters) - Dutch semiconductor equipment supplier ASML ASML.AS has dropped its inclusion and diversity targets in the U.S. to comply with regulations, it said on Wednesday.Its diversity and key performance targets will not apply to U.S. employees, but will remain unchanged in all ...Reuters
Wed, Jul 9
