News
Important Only
Accelerant trails continued growth and confirms Flywheel Re upsizing
By Chris MunroJuly 1 - (The Insurer) - Accelerant Holdings’ growth has not slowed during the early months of this year with premium volume transacted through its exchange totalling $3.51 billion through the trailing 12 months (TTM) to March 31, 2025.As the company highlighted in its newly published ...Reuters
Wed, Jul 2
Rivian Delivered 10,661 Vehicles In Q2
July 2 (Reuters) - Rivian Automotive Inc RIVN.O:RIVIAN: PRODUCED 5,979 VEHICLES IN Q2RIVIAN: REAFFIRMS 2025 DELIVERY GUIDANCERIVIAN: GOT $1 BILLION EQUITY INVESTMENT FROM VOLKSWAGEN GROUP AT $19.42PER SHARERIVIAN: DELIVERED 10,661 VEHICLES IN Q2Source text: [ID:]Reuters
Wed, Jul 2
Rivian reports 22% fall in quarterly deliveries as tariffs hit demand
July 2 (Reuters) - Rivian Automotive RIVN.O reported a sharp fall in second-quarter deliveries on Wednesday, as demand for its electric vehicles takes a hit from stiff competition and tariff-driven economic uncertainty.Trade tariffs imposed by U.S. President Donald Trump have led to a surge in manuf...Reuters
Wed, Jul 2
Vyne Therapeutics Provides Program Update On Oral BET Inhibitor VYN202
July 2 (Reuters) - Vyne Therapeutics Inc VYNE.O:VYNE THERAPEUTICS PROVIDES PROGRAM UPDATE ON ORAL BET INHIBITOR VYN202VYNE THERAPEUTICS INC - FDA LIFTS CLINICAL HOLD FOR FEMALE PATIENTS ON 0.25 MG AND 0.5 MG DOSESVYNE THERAPEUTICS INC - 12-WEEK TOXICOLOGY STUDY IN DOGS REQUIRED TO RESUME TRIAL IN MA...Reuters
Wed, Jul 2
UniFirst Q3 revenue misses estimates, maintains FY revenue outlook
OverviewUniFirst fiscal Q3 revenue rises 1.2% but missed analyst expectations, per LSEG dataNet income for fiscal Q3 increased 4.3% to $39.7 mlnCo repurchased $13.6 mln of shares during the quarterOutlookCompany maintains annual revenue guidance of $2.422 bln to $2.432 blnUniFirst raises diluted EPS...Reuters
Wed, Jul 2
Fly-E Group, Inc. Announces 1-For-5 Reverse Stock Split Effective July 7, 2025
July 2 (Reuters) - Fly-E Group Inc FLYE.O:FLY-E GROUP, INC. ANNOUNCES 1-FOR-5 REVERSE STOCK SPLIT EFFECTIVE JULY 7, 2025FLY-E GROUP INC - STOCK TO TRADE POST-SPLIT ON JULY 7, 2025FLY-E GROUP INC - REVERSE STOCK SPLIT INTENDED TO MAINTAIN NASDAQ LISTINGReuters
Wed, Jul 2
T-Mobile Us And T-Mobile Usa Announce Extension Of Exchange Offers And Consent Solicitations For Certain Of United States Cellular Corporation’S Outstanding Debt Securities
July 2 (Reuters) - T-Mobile US Inc TMUS.O:T-MOBILE US, INC. AND T-MOBILE USA, INC. ANNOUNCE EXTENSION OF EXCHANGE OFFERS AND CONSENT SOLICITATIONS FOR CERTAIN OF UNITED STATES CELLULAR CORPORATION’S OUTSTANDING DEBT SECURITIEST-MOBILE- EXTENDS EXCHANGE OFFERS & CONSENT FOR CERTAIN OF UNITED STA...Reuters
Wed, Jul 2
Bon Announces Breakthrough Order For $16 Million Gut-Health Products
July 2 (Reuters) - Bon Natural Life Ltd BON.O:BON ANNOUNCES BREAKTHROUGH ORDER FOR $16 MILLION GUT-HEALTH PRODUCTSBON NATURAL LIFE LTD - AGREEMENT TERM IS 24 MONTHSBON NATURAL LIFE LTD - ANNOUNCES DISTRIBUTION AGREEMENT WITH BEIJING HUAHAI KEYUANBON NATURAL LIFE LTD - HUAHAI KEYUAN TO DISTRIBUTE BON...Reuters
Wed, Jul 2
IDMC Provides Positive Recommendation For Bio-Thera Solution's BAT4406F In Neuromyelitis Optica Spectrum Disorder Based On Interim Analysis Of Pivotal Phase II/III Trial
July 2 (Reuters) - Bio-Thera Solutions Ltd 688177.SS:IDMC PROVIDES POSITIVE RECOMMENDATION FOR BIO-THERA SOLUTION'S BAT4406F (ADCC-ENHANCED ANTI-CD20 MAB) IN NEUROMYELITIS OPTICA SPECTRUM DISORDER BASED ON INTERIM ANALYSIS OF PIVOTAL PHASE II/III TRIALBIO-THERA SOLUTIONS LTD - TO CLOSE PATIENT E...Reuters
Wed, Jul 2
Ugandan military helicopter crashes at Somalia's Mogadishu airport
MOGADISHU, July 2 (Reuters) - A Ugandan military helicopter deployed with the African Union peacekeeping mission in Somalia crashed at Mogadishu airport on Wednesday, a Ugandan military spokesperson told Reuters.Three of the helicopter's eight occupants survived the incident, said the spokespers...Reuters
Wed, Jul 2
UK finance minister Reeves has full support of PM Starmer, press secretary says
LONDON, July 2 (Reuters) - British finance minister Rachel Reeves has the full support of Prime Minister Keir Starmer, his press secretary said on Wednesday, the day after the government was forced to give big concessions to get its welfare reforms passed in parliament.Reeves, who sat beside Starmer...Reuters
Wed, Jul 2
African Union helicopter crashes in Somali capital, state-run media reports
MOGADISHU, July 2 (Reuters) - A military helicopter from the African Union peacekeeping mission in Somalia crashed at the airport in the capital Mogadishu on Wednesday and was engulfed in flames, the state-run SONNA news outlet reported. The helicopter from the African Union Support and Stabilizatio...Reuters
Wed, Jul 2
CORRECTED-Military helicopter crashes at airport in Somalia capital
MOGADISHU, July 2 (Reuters) - A military helicopter crashed at an airport in Somalia's capital Mogadishu on Wednesday and was engulfed in flames, two staff from the airport told Reuters. "We heard the blast and saw smoke and flames over a helicopter. The smoke entirely covered the helicopte...Reuters
Wed, Jul 2
RPT-BREAKINGVIEWS-‘Big Beautiful Bill’ portends vast ugly costs
By Gabriel Rubin WASHINGTON, July 1 (Reuters Breakingviews) - Donald Trump just won the most Pyrrhic of victories. The Republican-controlled Senate on Tuesday narrowly passed the U.S. president’s budget proposal, misleadingly dubbed the “One Big Beautiful Bill.” It mortgages the country’s future ...Reuters
Wed, Jul 2
RPT-BREAKINGVIEWS-Apple fruitlessly ponders the innovator’s dilemma
By Robert Cyran NEW YORK, July 1 (Reuters Breakingviews) - Even a former right-hand man to Apple AAPL.O founder Steve Jobs concedes that the iPhone could be obsolete in a decade. Eddy Cue, who now runs the company’s services division, said as much earlier this year during his testimony at the U.S...Reuters
Wed, Jul 2
ANALYSIS-Emerging market debt sale surge defies global turmoil amid signs of de-dollarisation
EM debt issuance on track for records, despite global turmoil Middle East leads issuance, driven by Saudi ArabiaShift towards other currencies signals early de-dollarisation trend, says JPMorganBy Libby George and Federico Maccioni LONDON/DUBAI, July 2 (Reuters) - Emerging market debt sales boome...Reuters
Wed, Jul 2
Maersk estimates effective US tariffs average 21% currently
COPENHAGEN, July 2 (Reuters) - Maersk MAERSKb.CO estimates companies pay effective U.S. import tariffs of on average 21% relative to container load, the Danish shipping group said on Wednesday, less than half the rate before Washington paused its sweeping tariffs in April.Maersk said in a regular gl...Reuters
Wed, Jul 2
US open to 'creative solutions' on pharma trade with EU, Irish minister says
US sees interdependence of pharma trade with EU, Harris saysEU seeking zero-for-zero tariffs in as many sectors as possibleFramework agreement and roadmap preferable by July 9 deadline By Conor Humphries DUBLIN, July 2 (Reuters) - U.S. Trade Representative Jamieson Greer made clear in a meeting w...Reuters
Wed, Jul 2
Republic Power Group Ltd Files For Us IPO Of Class A Ordinary Shares -SEC Filing
July 2 (Reuters) - Republic Power Group Ltd RPGL.O:REPUBLIC POWER GROUP LTD FILES FOR US IPO OF CLASS A ORDINARY SHARES -SEC FILINGREPUBLIC POWER GROUP LTD SAYS BANCROFT CAPITAL, LLC IS UNDERWRITER TO IPO-SEC FILINGREPUBLIC POWER GROUP LTD: WILL APPLY TO LIST CLASS A ORDINARY SHARES ON NASDAQREPUBLI...Reuters
Wed, Jul 2
