News
Important Only
UK PM gives full backing to Reeves after tearful appearance in parliament
UK finance minister in tears in parliamentHer reaction comes a day after bruising fight over reformsBonds and pound fall over speculation about her future Spokesman says her reaction due to a 'personal matter'By Andrew MacAskill and Alistair Smout LONDON, July 2 (Reuters) - British Prim...Reuters
Wed, Jul 2
EV maker Lucid's quarterly deliveries rise but miss estimates
July 2 (Reuters) - Electric automaker Lucid LCID.O on Wednesday reported a 38% rise in second-quarter deliveries, which, however, missed Wall Street expectations amid economic uncertainty.Demand for Lucid's pricier luxury EVs have been softer as consumers, pressured by high interest rates, s...Reuters
Wed, Jul 2
New York sued by National Retail Federation over surveillance pricing law
NEW YORK, July 2 (Reuters) - New York state was sued on Wednesday by the National Retail Federation over a new law designed to prevent retailers from using personal customer data to set prices, known as surveillance pricing.In a complaint filed in Manhattan federal court, the trade group said the la...Reuters
Wed, Jul 2
Bunge completes long-delayed mega-merger with grain handler Viterra
By Karl Plume CHICAGO, July 2 (Reuters) - Global agribusiness Bunge Global BG.N said it officially closed a long-delayed deal to merge with Glencore-backed GLEN.L Viterra on Wednesday, two years after announcing the $34 billion mega-deal.The merger creates a global crop trading and processing gia...Reuters
Wed, Jul 2
UK's Starmer: Reeves will be chancellor for a very long time
LONDON, July 2 (Reuters) - British Prime Minister Keir Starmer said on Wednesday that financial minister Rachel Reeves would remain chancellor "for a very long time to come" after she was seen crying during prime minister's questions."I'm not going to intrude on her privacy by ta...Reuters
Wed, Jul 2
REFILE-Ex-January 6 defendant gets life in prison for plot to kill FBI agents
By Andrew Goudsward July 2 (Reuters) - A man who took part in the January 6, 2021 attack on the U.S. Capitol was sentenced to life in prison on Wednesday for conspiring to kill the FBI agents who investigated him, according to the U.S. Justice Department and court records. Edward Kelley was convi...Reuters
Wed, Jul 2
UK's Starmer: Reeves will be chancellor for a very long time
LONDON, July 2 (Reuters) - British Prime Minister Keir Starmer said on Wednesday that financial minister Rachel Reeves would remain chancellor "for a very long time to come" after she was seen crying during prime minister's questions."I'm not going to intrude on her privacy by ta...Reuters
Wed, Jul 2
WRAPUP 2-Tennis-Normality returns to Wimbledon as Alcaraz and Sabalenka ease through
Defending champion Alcaraz downs British qualifierWomen's top seed Sabalenka powers into third roundSixth seed Keys, Osaka enjoy comfortable victoriesRaducanu, Norrie and Kartal lead British chargeBy Martyn Herman and Shrivathsa Sridhar LONDON, July 2 (Reuters) - Carlos Alcaraz, Aryna Sab...Reuters
Wed, Jul 2
US judge blocks Trump asylum ban at US-Mexico border, says he exceeded authority
By Ted Hesson WASHINGTON, July 2 (Reuters) - A federal judge on Wednesday blocked President Donald Trump's asylum ban at the U.S.-Mexico border, saying Trump exceeded his authority when he issued a proclamation declaring illegal immigration an emergency and setting aside existing legal proces...Reuters
Wed, Jul 2
Sama promoted to head of QBE Re North America
By Michael LoneyJuly 2 - (The Insurer) - Salvatore Sama has been appointed head of QBE Re North America.New York-based Sama, who announced his new role on LinkedIn, has been with QBE Re since April 2021.He most recently served as global head of casualty for a year and a half, after previously holdin...Reuters
Wed, Jul 2
Exclusive: Gallagher Re NA hiring spree continues with Apostolides from Lockton Re
By James ThalerJuly 2 - (The Insurer) - Gallagher Re has recruited senior casualty broker Emily Apostolides from Lockton Re, sources told The Insurer, continuing a run of hires in the last week that includes Mark Braithwaite from Lockton Re and Joe Jackson from Aon.Apostolides had been with Lockton ...Reuters
Wed, Jul 2
US government withholding over $6 billion in school funding, research group says
White House OMB says there is an ongoing reviewLearning Policy Institute says amount being withheld is over $6 billionTrump administration has threatened to withhold funding over a range of issuesBy Kanishka Singh WASHINGTON, July 2 (Reuters) - President Donald Trump's administration is withh...Reuters
Wed, Jul 2
Sean 'Diddy' Combs loses bid for release on bail ahead of sentencing
NEW YORK, July 2 (Reuters) - A U.S. judge on Wednesday denied Sean "Diddy" Combs' bid to be released from jail ahead of his sentencing, after the music mogul was convicted on prostitution-related offenses but cleared of more serious charges of racketeering conspiracy and sex trafficking.Reuters
Wed, Jul 2
The Hartford's Navigators promotes St. Denis to head of wholesale P&C
By Mia MacGregorJuly 2 - (The Insurer) - Navigators, a brand of The Hartford, has appointed Lynanne St. Denis as head of wholesale property and casualty.St. Denis has been with Navigators since 2009 and joined The Hartford following its acquisition of Navigators in 2019. Most recently, she served as...Reuters
Wed, Jul 2
NASA Awards Contract to Maclean Engineering for Simulation and Software Services
July 2 (Reuters) - NASA: AWARDED CONTRACT TO MACLEAN ENGINEERING & APPLIED TECHNOLOGIES TO PROVIDE SIMULATION & ADVANCED SOFTWARE SERVICES TO AGENCYNASA: CONTRACT INCLUDES SERVICES FROM OCT. 1, THROUGH SEPT. 30, 2030, WITH A MAXIMUM POTENTIAL VALUE NOT TO EXCEED $150 MILLIONReuters
Wed, Jul 2
