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CORRECTED-EXCLUSIVE-Lands’ End attracts bids from Authentic Brands, WHP Global, sources say
By Abigail SummervilleJuly 2 (Reuters) - Brand management companies Authentic Brands Group and WHP Global have submitted bids to acquire apparel retailer Lands’ End LE.O, according to two people familiar with the matter.Lands’ End, known for its casual sweaters and other apparel, announced in March ...Reuters
Wed, Jul 2
Two soccer bribery convictions reinstated by US appeals court
US unveiled corruption probe, including FIFA, in 2015Defendants allegedly sought broadcasting contractsCourt says trial judge misinterpreted fraud lawBy Jonathan Stempel NEW YORK, July 2 (Reuters) - A U.S. appeals court on Wednesday reinstated the convictions of a former Fox executive and an Arge...Reuters
Wed, Jul 2
US CDC accepts RSV recommendations made by former vaccine panel
July 2 (Reuters) - The U.S. Centers for Disease Control and Prevention has accepted recommendations made by an advisory panel in April on the use of respiratory syncytial virus vaccines in adults aged between 50 and 59 years who are at increased risk of severe illness from the virus. The panel of v...Reuters
Wed, Jul 2
Wisconsin court says 19th-century abortion ban cannot be enforced
The 1849 law was effectively repealed over time, court rulesThe law was no longer enforced after landmark Roe v. Wade rulingRepublican prosecutor claimed it was valid after Roe overturnedBy Daniel Wiessner July 2 (Reuters) - Wisconsin's top state court ruled on Wednesday that an 1849 state la...Reuters
Wed, Jul 2
Hamas studies Gaza ceasefire proposal labelled 'final' by Trump
Hamas says it is studying ceasefire proposalsTrump says Israel has agreed to conditions for a truceIsraeli minister says most of cabinet backs a dealGazans hope a 60-day truce will lead to end of war By Nidal al-Mughrabi and Alexander Cornwell CAIRO/JERUSALEM, July 2 (Reuters) - Hamas said on Wed...Reuters
Wed, Jul 2
UniCredit CEO presses case for Commerzbank merger in letter to Germany's Merz
UniCredit has 28% stake in Commerzbank, ECB clearance to own up to 29.9%Merger would be best outcome for all parties, UniCredit CEO Orcel saysOrcel calls for talks, says solution needs to be found in any caseBy Tom Sims, Andreas Rinke, Valentina Za FRANKFURT, July 2 (Reuters) - The CEO of UniCred...Reuters
Wed, Jul 2
UK's Wise seeks to create national trust bank in US, Bloomberg News reports
July 2 (Reuters) - Money transfer company Wise Plc WISEa.L has applied to be directly regulated by the U.S. Office of the Comptroller of the Currency to create a national trust bank in the country, Bloomberg News reported on Wednesday, citing documents.Wise, which is planning to move its primary lis...Reuters
Wed, Jul 2
FIT unveils insurance-specific transition plan guidelines
By Rebecca DelaneyJuly 2 - (The Insurer) - The UN-convened Forum for Insurance Transition to Net Zero (FIT) has launched transition plan guidance for (re)insurance underwriting portfolios to encourage the industry to move beyond high-level commitments into actionable transition-related products and ...Reuters
Wed, Jul 2
Meta's Instagram down for thousands of users in US, Downdetector shows
July 2 (Reuters) - Meta Platforms' META.O Instagram was down for thousands of users in the U.S. on Wednesday, according to outage tracking website Downdetector.com.There were 16,747 incidents of people reporting issues with the platform as of 11.40 a.m. ET, according to Downdetector, which track...Reuters
Wed, Jul 2
Sustainable Finance Newsletter - The UN holds a development summit in scorching Spain
By Ross Kerber July 2 (Reuters) - Several of my colleagues have been covering a global development conference in Seville where leaders announced a series of projects you can read about in this week's newsletter, below. I've also got items about a new http://www.reuters.com/newsletters...Reuters
Wed, Jul 2
Australian extreme weather insured losses exceed A$1.8 billion in H1
By Michael JonesJuly 2 - (The Insurer) - Insured costs from extreme weather events that affected Australia in the first half of 2025 have now exceeded A$1.8 billion ($1.18 billion), the Insurance Council of Australia (ICA) said on Wednesday.Ex-Tropical Cyclone Alfred has been the most costly event o...Reuters
Wed, Jul 2
Israel says it is serious about reaching ceasefire, cites positive signs
TALLINN, July 2 (Reuters) - Israeli Foreign Minister Gideon Saar said on Wednesday that his country was serious about reaching a deal with the Palestinian Hamas group to end the war in Gaza and return the hostages held there to Israel.U.S. President Donald Trump said on Tuesday that Israel had a...Reuters
Wed, Jul 2
LMA issues clause to strengthen sanctions compliance
By Michael JonesJuly 2 - (The Insurer) - The Lloyd's Market Association (LMA) has issued a new model clause designed to enhance the ability for (re)insurers and brokers to comply with sanctions and financial crime regulations.The model clause, LMA5670 - General Sanctions Financial Crime Document...Reuters
Wed, Jul 2
Democratic FCC commissioner blasts Paramount settlement with Trump as 'desperate move'
By David Shepardson July 2 (Reuters) - A Democrat on the Federal Communications Commission called Paramount's PARA.O $16 million settlement to resolve a lawsuit filed by U.S. President Donald Trump over a CBS News' 60 Minutes interview broadcast with rival Kamala Harris "a desperate m...Reuters
Wed, Jul 2
Continental AG expects tariffs, foreign exchange to weigh on Q2 tyre margins
FRANKFURT, July 2 (Reuters) - German car parts supplier Continental AG CONG.DE said on Wednesday headwinds related to U.S. import tariffs and foreign exchange rates would hit sales and profits at its core tyre division in the second quarter.Quarterly sales at the division are expected to decrease sl...Reuters
Wed, Jul 2
Exclusive: Baseline launches inaugural product with E&S property DIC quake program
By Chris MunroJuly 2 - (The Insurer) - Baseline Risk Partners has brought its first product to market, with the San Diego, California-based startup program administrator launching an E&S property difference in conditions (DIC) earthquake coverage.The new program, which has been spearheaded by Wa...Reuters
Wed, Jul 2
Ukraine struggles to contain Russian summer advances as US aid stalls
Russia seeking to occupy all of eastern Donetsk regionUkrainian army supply routes under threat near two key towns Suspension of some US supplies hampering Ukraine, says analystRussian advances accelerated in June, says Ukrainian blog By Anastasiia Malenko and Aleksandar Vasovic KYIV, July 2 (Reu...Reuters
Wed, Jul 2
