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South Korea, car makers seek relief from US port fees on vehicle carriers
Seoul, July 7 (Reuters) - South Korea and the country's auto association requested on Monday relief from a U.S. plan to levy port fees on all foreign-built vehicle carriers, saying it would add a significant burden to a car industry that has pledged big investments in the United States. The U...Reuters
Mon, Jul 7
Exclusive: Willis out to market for Sasria optional excess-of-loss cover
By Michael JonesJuly 7 - (The Insurer) - Willis has gone out to market for the reintroduction of South African state-backed political violence insurer Sasria's optional excess-of-loss cover, two senior market sources told The Insurer.The broker been out in the market for Sasria's additional ...Reuters
Mon, Jul 7
Japan must reduce reliance on US trade, opposition head says
Japan should expand trade with nations favouring free tradeBOJ should hike rates slowly, says Japan Innovation Party headOpposition parties may see views gain clout post-electionPM Ishiba keeps hard-line stance on trade talks with USBy Leika Kihara and Takaya Yamaguchi TOKYO, July 7 (Reuters) - J...Reuters
Mon, Jul 7
Trump threatens extra 10% tariffs on BRICS as leaders meet in Brazil
RIO DE JANEIRO, July 6 (Reuters) - President Donald Trump said the U.S. will impose an additional 10% tariff on any countries aligning themselves with the "Anti-American policies" of the BRICS group of developing nations, whose leaders kicked off a summit in Brazil on Sunday.Reuters
Mon, Jul 7
MGAs must become less transactional to ensure sustainability in soft market
By Michael JonesJuly 7 - (The Insurer) - MGAs must move away from overly transactional relationships to ensure they do not lose out to traditional insurers in the softening market, a Managing General Agents' Association panel said on Thursday.Speaking on the panel, Dual UK chief underwriting off...Reuters
Mon, Jul 7
Sectra's Digital Pathology Module To Be Used By US Health System
July 7 (Reuters) - Sectra AB SECTb.ST:ONE OF THE LARGEST MULTI-REGION HEALTHCARE SYSTEMS IN THE US EXPANDS ENTERPRISE IMAGING CLOUD SERVICE FROM SECTRA WITH PATHOLOGY TO LEVERAGE INTEGRATED DIAGNOSTICS IN CANCER CARECONTRACT FOR DIGITAL PATHOLOGY EXPANSION VALUED AT 8.9M USDFurther company coverage:...Reuters
Mon, Jul 7
Metsa Board Comparable Operating Result For April-June 2025 Is Clearly Negative
July 7 (Reuters) - Metsa Board Oyj METSB.HE:INSIDE INFORMATION, PROFIT WARNING: METSÄ BOARD'S COMPARABLE OPERATING RESULT FOR APRIL-JUNE 2025 IS CLEARLY NEGATIVECOMPARABLE OPERATING RESULT FOR APRIL-JUNE 2025 IS ESTIMATED TO BE APPROXIMATELY -25 MILLION EUROSNEGATIVE COMPARABLE OPERATING RESULT ...Reuters
Mon, Jul 7
CyberCube analysis shows hundreds of large companies vulnerable to Scattered Spider
By Edward CarronJuly 7 - (The Insurer) - Manufacturing, education, IT and retail are the sectors most vulnerable to cyber attacks by Scattered Spider, with 287 large companies at high risk, a report by cyber risk analytics firm CyberCube said on Friday.Scattered Spider, a rapidly evolving extortion...Reuters
Mon, Jul 7
Dsm-firmenich's animal feed unit sale attracts three final bidders, Dutch paper reports
July 7 (Reuters) - Dsm-firmenich's DSFIR.AS is close to selling its animal nutrition business, with final bids expected from private equity firms CVC CVC.AS, Apollo APO.N and Dutch rival Nutreco, Dutch newspaper Financieele Dagblad reported on Sunday.Potential buyers have until July 24 to submit...Reuters
Mon, Jul 7
Trump threatens extra 10% tariffs on BRICS as leaders meet in Brazil
Trump says countries aligning with 'Anti-American policies' of BRICS to face extra tariffsLula draws parallel with Cold War's Non-Aligned Movement Group condemns rising tariffs, attacks on Iran and GazaXi Jinping skips, Putin online, Modi and Ramaphosa presentBy Lisandra Paraguassu and M...Reuters
Mon, Jul 7
Thailand's trade proposal to the U.S. includes zero tariffs on some imports, says finance minister
BANGKOK, July 7 (Reuters) - Thailand's most recently trade proposal to the United States including zero tariffs for imports of many U.S. products, Finance Minister Pichai Chunhavajira said on MondayPichai said he was confident that the United States would be satisfied with the new proposal, whic...Reuters
Mon, Jul 7
Facing battlefield setbacks, Ukraine withdraws from mine ban treaty
Kyiv is quitting treaty banning anti-personnel landminesDecision has been criticised by rights campaignersRussia is not a signatory to the Ottawa ConventionUkraine is looking for ways to halt Russian advances By Max Hunder and Ivan Lyubysh-Kirdey KYIV, July 7 (Reuters) - Oleksiy, a 26-year-old Uk...Reuters
Mon, Jul 7
Huawei's AI lab denies that one of its Pangu models copied Alibaba's Qwen
BEIJING/SHANGHAI, July 7 (Reuters) - Huawei's artificial intelligence research division has rejected claims that a version of its Pangu Pro large language model has copied elements from an Alibaba 9988.HK model, saying that it was independently developed and trained. The division, called Noah Ar...Reuters
Mon, Jul 7
Japan's yield curve steepens on concerns about fiscal health
By Junko Fujita TOKYO, July 7 (Reuters) - Japan's yield curve steepened on Monday amid a sell-off of super-long maturity bonds as concerns about the nation's fiscal health resurfaced ahead of upper house elections this month. The 20-year JGB yield JP20YTN=JBTC rose 4.5 basis points to 2.4...Reuters
Mon, Jul 7
Airtel's Mittal, Warburg Pincus bid $720 mln for 49% of Haier India, Business Standard says
July 7 (Reuters) - Sunil Mittal, founder of Bharti Airtel BRTI.NS, and private equity firm Warburg Pincus have jointly bid $720 million for a 49% stake in the Indian arm of Haier 600690.SS, the Business Standard reported on Monday, citing sources.Haier, a Chinese electronics maker, had initially sou...Reuters
Mon, Jul 7
Jio BlackRock raises more than $2.1 billion through debut mutual fund offers
July 7 (Reuters) - Jio BlackRock Asset Management said on Monday it has raised more than $2.1 billion across three cash or debt mutual fund schemes, its first offering since getting the licence in May.Jio BlackRock is a joint venture between Jio Financial Services JIOF.NS, part of Indian billionaire...Reuters
Mon, Jul 7
Samsung Elec Q2 profit likely to drop 39% on weak AI chip sales
SEOUL, July 7 (Reuters) - Samsung Electronics 005930.KS is expected to forecast a 39% plunge in second-quarter operating profit on Tuesday, weighed down by delays in supplying advanced memory chips to artificial intelligence chip leader Nvidia NVDA.O.Reuters
Mon, Jul 7
