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Exclusive: Consilium co-CEO James Baird 'removed from role'
By David Bull, James ThalerJuly 8 - (The Insurer) - James Baird has exited his role as co-CEO of Aventum Group's specialty broking business Consilium with immediate effect, the company confirmed in a statement to The Insurer on Tuesday.Paul Richards, who served as co-CEO of Consilium alongside B...
Reuters
Tue, Jul 8
Trump says he has approved sending defensive weapons to Ukraine
WASHINGTON, July 8 (Reuters) - U.S. President Donald Trump said on Tuesday he had approved sending U.S. defensive weapons to Ukraine.Trump has said he is unhappy with Russia's President Vladimir Putin, whose war with Ukraine Trump is seeking to end.Trump was speaking at a cabinet meeting at the ...
Reuters
Tue, Jul 8
Trump says China has been fair on trade deal
WASHINGTON, July 8 (Reuters) - U.S. President Donald Trump said China has been very fair on its trade deal with the U.S. and that he has had a good relationship with the country lately.Trump said he speaks with Chinese President Xi Jinping often.
Reuters
Tue, Jul 8
Kuwait Wealth Fund Offloads $3.1 Billion Bank Of America Stake- Bloomberg News
July 8 (Reuters) - KUWAIT WEALTH FUND OFFLOADS $3.1 BILLION BANK OF AMERICA STAKE- BLOOMBERG NEWSSource text: https://tinyurl.com/y6md5ct5
Reuters
Tue, Jul 8
Trump says US to help defense contractors to boost military equipment production
WASHINGTON, July 8 (Reuters) - President Donald Trump said on Tuesday that the United States would help defense contractors to boost production of military equipment."We make the best military equipment by far... That's why everybody wants to buy our equipment and that's why we're go...
Reuters
Tue, Jul 8
Tokio Marine HCC names Hsia CEO of travel insurance unit WorldTrips
By Isha MaratheJuly 8 - (The Insurer) - Tokio Marine HCC's travel insurance-focused subsidiary WorldTrips has appointed Phillip Hsia as CEO, replacing Mark Carney, who will transition to chairman. Hsia has led Tokio Marine HCC’s global travel group, including oversight responsibility of WorldTr...
Reuters
Tue, Jul 8
Hiscox adds Capgemini's Denninger as US chief operating officer
By Isha MaratheJuly 8 - (The Insurer) - Hiscox has hired Adam Denninger, former Capgemini global industry leader for insurance, as its chief operating officer for the U.S. Denninger has over 25 years of experience in operations, product and underwriting roles. Prior to Capgemini, Denninger ser...
Reuters
Tue, Jul 8
TSA set to let airport travelers keep their shoes on, media reports say
Homeland Security Secretary to announce policy change on TuesdayBaltimore/Washington, Fort Lauderdale, Philadelphia among first airports for reversed no-shoe policy -CBS News WASHINGTON, July 8 (Reuters) - The Transportation Security Administration is set to announce that it will no longer requir...
Reuters
Tue, Jul 8
Intel cuts more than 500 jobs in Oregon as part of layoff plan - Bloomberg News
-- Source link: https://tinyurl.com/3hfdy3tw-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Tue, Jul 8
Trump says BRICS countries to get 10% tariff 'pretty soon'
WASHINGTON, July 8 (Reuters) - U.S. President Donald Trump said on Tuesday that countries part of the BRICS group would get a 10% tariff rate charged on them "pretty soon"."Anybody that's in BRICS is getting a 10% charge pretty soon," Trump said during a meeting with cabinet offi...
Reuters
Tue, Jul 8
Axis adds The Hartford’s Woods as head of marine hull and liabilities
By Mia MacGregorJuly 8 - (The Insurer) - Axis Capital has appointed Avery Woods from The Hartford as its new head of marine hull and liabilities. Based in New York, Woods joins Axis after five years at The Hartford, where he most recently served as managing director, Northeast branch manager for oce...
Reuters
Tue, Jul 8
EU To Protect Airbus In US Trade Deal As Ferrari Set To Lose Out- Bloomberg News
July 8 (Reuters) - EU TO PROTECT AIRBUS IN US TRADE DEAL AS FERRARI SET TO LOSE OUT- BLOOMBERG NEWSSource text: https://tinyurl.com/36n6w3aj
Reuters
Tue, Jul 8
NHL-NHL and Players' Association ratify four-year labor deal
July 8 (Reuters) - The National Hockey League and NHL Players' Association have ratified a four-year extension of the collective bargaining agreement, securing labor peace through the 2029-30 season, the two parties said on Tuesday.Reaching an agreement more than a year before the current CBA ex...
Reuters
Tue, Jul 8
Trump says South Korea has to pay for its military
WASHINGTON, July 8 (Reuters) - President Donald Trump said on Tuesday that South Korea needed to pay for its own military, suggesting the U.S. ally needed to pay more for having American security guarantees."South Korea is making a lot of money, and they're very good. They're very good, ...
Reuters
Tue, Jul 8
Canadian police charge 4, including active military members, in alleged extremist plot
By Anna Mehler Paperny TORONTO, July 8 (Reuters) - Canadian police have charged four men, including active members of the Canadian Armed Forces, with planning to forcibly take over land in the province of Quebec.Three of the men have been charged with facilitating a terrorist activity, accused of...
Reuters
Tue, Jul 8
FDA Discontinues Mylan Pharmaceuticals' Potassium Chloride Tablet
July 8 (Reuters) - FDA:FDA: DISCONTINUES MYLAN PHARMACEUTICALS' POTASSIUM CHLORIDE TABLET, EXTENDED RELEASE, 10 MEQ, 8 MEQ - WEBSITE
Reuters
Tue, Jul 8
Trump says he is not happy with Russia's Putin, considering sanctions
WASHINGTON, July 8 (Reuters) - U.S. President Donald Trump said on Tuesday he was not happy with Russian President Vladimir Putin and was considering additional sanctions on Moscow, underscoring his frustration over the growing death toll in Russia's war with Ukraine."We get a lot of bullsh...
Reuters
Tue, Jul 8
Burford Capital Prices $500 Million 7.50% Senior Notes Due 2033
July 8 (Reuters) - Burford Capital Ltd BURF.L:BURFORD CAPITAL ANNOUNCES PRICING AND UPSIZING OF PRIVATE OFFERING OF SENIOR NOTESBURFORD CAPITAL LTD - PRICES $500 MILLION 7.50% SENIOR NOTES DUE 2033
Reuters
Tue, Jul 8
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
Tue, Jul 8
JPMorgan expands tech team further with veteran banker from Guggenheim, memo says
NEW YORK, July 8 (Reuters) - JPMorgan Chase JPM.N is hiring Guggenheim Securities executive Mike Amez, as the country's biggest bank continues to expand its technology investment banking team and to provide specific expertise to medium-sized companies, according to a staff memo.Amez will join as...
Reuters
Tue, Jul 8
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