News
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Howden expands in Japanese retail market with Holos majority stake
By Rebecca DelaneyJuly 2 - (The Insurer) - Howden has bolstered its footprint in Japan with the acquisition of a majority stake in Kyoto-headquartered retail insurance broker Holos Holdings Co Ltd.Holos is a privately-owned retail insurance broker employing over 400 people across 20 locations in Jap...Reuters
Wed, Jul 2
Belarusian leader Lukashenko frees 16 people in new batch of pardons
July 2 (Reuters) - Belarusian President Alexander Lukashenko has pardoned 16 people convicted of various crimes, including "extremism", ahead of the country's independence day, state media reported on Wednesday.Human rights groups and the exiled opposition say there are about 1,150 polit...Reuters
Wed, Jul 2
Aon adds Marsh’s Carlson as global industrial and manufacturing leader
By Mia MacGregorJuly 1 - (The Insurer) - Aon has hired David Carlson from Marsh as its global industrial and manufacturing leader, effective July 1.Carlson joins Aon after more than two decades at Marsh, where he most recently served as the U.S. manufacturing and automotive practice leader.Based in ...Reuters
Wed, Jul 2
NHTSA opens recall query into about 299,000 Stellantis vehicles
July 2 (Reuters) - The U.S. National Highway Traffic Safety Administration said on Wednesday it opened a recall query into about 299,000 vehicles from Chrysler parent Stellantis STLAM.MI, after receiving complaints about faulty shifter cable bushings. A bushing, usually made of rubber, connects the ...Reuters
Wed, Jul 2
Ariel Re secures $150 million cover through Titania Re cat bond
By Rebecca DelaneyJuly 2 - (The Insurer) - Ariel Re announced on Wednesday it has secured $150 million of coverage through a fifth catastrophe bond issued by Bermuda special purpose insurer Titania Re, which for the first time includes cover for U.S. wildfire.Titania Re 2025-1 provides Ariel Re with...Reuters
Wed, Jul 2
CFC's Holmes named group capacity director
By Rebecca DelaneyJuly 2 - (The Insurer) - CFC Underwriting transferred the remit of its CEO role to group CEO Louise O'Shea earlier this year, with incumbent Andy Holmes transitioning to the role of group capacity director.A CFC spokesperson told The Insurer the move was designed to better stru...Reuters
Wed, Jul 2
Euro zone bond yields inch up; trade, monetary policy in focus
LONDON, July 2 (Reuters) - Euro zone government bond yields inched higher on Wednesday but remained within their recent range as trade uncertainty, monetary policy expectations and the approval of U.S. President Donald Trump's tax and spending bill kept investors guessing. The 90-day pau...Reuters
Wed, Jul 2
TABLE-EU Commission sells 3-month EU-Bills at average yield of 1.922%
July 2 (Reuters) - The European Commission, on behalf of the European Union, carried out on Wednesday an EU-Bills auction. The results of this auction are as follows: EU-BillsEU-BillsEU-BillsISINEU000A4D85M6EU000A3L7AT2EU000A4EDCQ2Date of auction02/07/202502/07/202502/07/2025Settlement date04/07/2...Reuters
Wed, Jul 2
Record July Fourth travel expected as Americans hit the road and the skies
Record 72.2 million Americans to travel for July Fourth - AAAUnited Airlines and American Airlines sees y/y rise in bookingsJuly Fourth international airfares down 13% compared to 2024 -Hopper Travel agents seeing surge in European trips due to discountsBy Doyinsola Oladipo and Samantha Marshak N...Reuters
Wed, Jul 2
Trump tax-cut plan returns to US House, Republicans divided on bill
House GOP leaders aim for July 4 deadline despite internal riftsTrump actively involved in pushing bill's passageMedicaid cuts raise concerns among some House RepublicansBy Bo Erickson WASHINGTON, July 2 (Reuters) - The debate within President Donald Trump's Republican Party over a massiv...Reuters
Wed, Jul 2
Ex-doctoral candidate expected to plead guilty to murders of four Idaho students
Kohberger expected to plead guilty to avoid death penaltyFamilies divided on plea deal, some criticize lack of inputKohberger linked to murders by DNA, cell data, video footageBy Matt McKnight and Eric Cox BOISE, Idaho, July 2 (Reuters) - A man pursuing a doctorate in criminal justice when he was...Reuters
Wed, Jul 2
They tried Made in the USA - it was too expensive for their customers
Tariffs force manufacturers to choose between tariffs or higher U.S. production costsRetailers resist pricing increases, squeezing small and midsize manufacturersCompanies explore alternative manufacturing locations amid tariffsBy Siddharth Cavale NEW YORK, July 2 (Reuters) - When Plufl co-founde...Reuters
Wed, Jul 2
Sean 'Diddy' Combs jury to resume deliberations after partial verdict
Verdict reached on two counts of sex trafficking and two counts of prostitutionJury to resume deliberations on racketeering conspiracy countHip-hop mogul Combs has pleaded not guiltyCombs could face life in prison if convicted of sex traffickingBy Luc Cohen and Jack Queen NEW YORK, July 2 (Reuter...Reuters
Wed, Jul 2
Paramount directors including Shari Redstone face recommendation against re-election
By Dawn Chmielewski LOS ANGELES, July 2 (Reuters) - Shareholders of Paramount Global PARA.O, which is waiting for regulatory approval to merge with Skydance Media, will decide Wednesday whether to re-elect four directors, following a recommendation to oppose their return to the company's boar...Reuters
Wed, Jul 2
U-turns wipe out UK welfare savings and strain budget, analysts warn
Government forced to scale back cuts to pass welfare reform billBudget watchdog likely to downgrade growth projectionsFinance minister Reeves has tiny buffer to stay within fiscal rulesAnalysts predict government will have to raise taxesBy Andy Bruce MANCHESTER, England, July 2 (Reuters) - Prime ...Reuters
Wed, Jul 2
Finnair Cancels About 80 Flights On July 4
July 2 (Reuters) - Finnair Oyj FIA1S.HE:FINNAIR OYJ: CANCELS ABOUT 80 FLIGHTS ON JULY 4 DUE TO FINNISH AVIATION UNION'S INDUSTRIAL ACTION - WEBSITESource text: https://company.finnair.com/en/media-centre/all-releases/news?id=E78274CE0B93BC9AReuters
Wed, Jul 2
Ireland adds 10,000 foreign multinational jobs in H1, up from 2024
New foreign multinational jobs up from 8,900 in H1 2024Do not include job losses that led to recent stallingSecond half results unlikely to be as strong By Padraic HalpinDUBLIN, July 2 (Reuters) - Ireland secured commitments from foreign multinational companies during the first half of the year to c...Reuters
Wed, Jul 2
Gold Rally Loses Momentum — Trump Claims Israel Accepts 60-Day Ceasefire Deal as Gaza Tensions Show Signs of Cooling
TradingKey – According to reports citing Israeli officials and carried by U.S. media outlets, Israel has agreed to the conditions for a 60-day ceasefire in Gaza , marking a potential breakthrough in the ongoing conflict.TradingKey
Wed, Jul 2
Kremlin says US pause on weapons to Ukraine will hasten conflict's end
MOSCOW, July 2 (Reuters) - The Kremlin on Wednesday welcomed news that the United States has halted some weapons deliveries to Ukraine, saying that the fewer arms are shipped to Kyiv, the sooner the conflict will end.The Pentagon has halted some shipments of air defence missiles and other precision ...Reuters
Wed, Jul 2
