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BlackRock looks to expand private markets to retirement plans
June 26 (Reuters) - BlackRock BLK.N is set to include private assets in its retirement plans as it expands into alternative investments, the world's largest asset manager said on Monday.The move marks a significant shift in how retirement products are structured, bringing traditionally illiquid ...Reuters
Thu, Jun 26
Mexico's Sheinbaum seeking evidence after US sanctions financial institutions
MEXICO CITY, June 26 (Reuters) - Mexico's President Claudia Sheinbaum on Thursday said that the U.S. Treasury Department had not provided any evidence of money laundering following its move a day earlier to ban certain transactions with three local financial institutions. "There is no ev...Reuters
Thu, Jun 26
Tradeweb debuts U.S. T-bill trading on ICD platform targeting corporate treasurers
June 26 (Reuters) - Tradeweb Markets TW.O said on Thursday that corporate treasurers and institutional investors using the ICD platform will now be able to trade U.S. Treasury bills directly, expanding its suite of fixed-income products. The addition of U.S. T-bills, a highly liquid and short-term i...Reuters
Thu, Jun 26
Fed’s Daly says muted tariff impact may open door to cut in fall, Bloomberg News reports
June 26 (Reuters) - Federal Reserve Bank of San Francisco President Mary Daly said she's seeing increasing evidence that tariffs may not lead to a large or sustained inflation surge, helping bolster the case for a rate cut in the fall, Bloomberg News reported on Thursday.“My modal outlook has be...Reuters
Thu, Jun 26
Russia says it plans to summon the German ambassador over alleged harassment of its journalists
MOSCOW, June 26 (Reuters) - Russia will summon the German ambassador soon to inform him of retaliatory measures in response to what it sees as the harassment of Russian journalists based in Germany, Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday.Russia has clashed repeated...Reuters
Thu, Jun 26
US Senate Republicans race to resolve tax, health issues in Trump's tax bill
Senate Republicans face challenges with tax and health provisionsDemocrats criticize bill as benefiting wealthy AmericansRural hospitals warn of negative impact from provider tax cutsBy Bo Erickson, David Morgan and Andy SullivanWASHINGTON, June 26 (Reuters) - Republicans in the U.S. Congress scramb...Reuters
Thu, Jun 26
Fed plan to ease leverage rule offers windfall for big US banks, Morgan Stanley says
June 26 (Reuters) - A Federal Reserve plan to relax leverage rules could free up $185 billion in capital and unlock nearly $6 trillion in balance sheet capacity for large U.S. global banks covered by Morgan Stanley, the brokerage estimated on Thursday.The U.S. Fed unveiled a proposal on Wednesday th...Reuters
Thu, Jun 26
Xiaomi launches YU7 priced from 253,500 yuan, challenging Tesla's Model Y
BEIJING, June 26 (Reuters) - Chinese EV and smartphone maker Xiaomi 1810.HK on Thursday priced its new electric YU7 SUV 10,000 yuan ($1,395) cheaper than Tesla's Model Y, stepping up the challenge to the U.S. firm in the world's largest auto market.The base model of the YU7 starts from 253,5...Reuters
Thu, Jun 26
Deals of the day-Mergers and acquisitions
June 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday: ** CarUX, a smart cockpit solutions provider and a subsidiary of Taiwan's display maker Innolux Corp , said it will acquire Japan's Pioneer Corporation in a d...Reuters
Thu, Jun 26
CANADA RESEARCH ROUNDUP-Ascot Resources, Eupraxia Pharmaceuticals, Sprott
June 26 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Ascot Resources, Eupraxia Pharmaceuticals and Sprott on Thursday.HIGHLIGHTS * Ascot Resources Ltd AOT.TO: BMO cuts to market perform from outperform * Eupraxia Pharmaceuticals Inc...Reuters
Thu, Jun 26
US judge extends block on Trump's bid to eliminate Job Corps program
Job Corps is residential jobs training for low-income youthJudge says shutdown likely illegal without congressional okayTrade group sued to block Trump administration's actionBy Daniel Wiessner, Blake Brittain June 25 (Reuters) - A U.S. judge on Wednesday blocked President Donald Trump's ...Reuters
Thu, Jun 26
AI breakthroughs 'levelling the playing field', says Adaptional's Kantaria after $10 million seed round
By James ThalerJune 26 - (The Insurer) - Breakthroughs in AI even over the last six months are “levelling the playing field” among tech firms, said Adaptional CEO Suril Kantaria, whose firm aims to transform insurance underwriting using new reasoning models.Kantaria said Adaptional's autopilot f...Reuters
Thu, Jun 26
Howden names Kennedy to succeed Shuker as UK&I CEO
By Rebecca DelaneyJune 26 - (The Insurer) - Howden has appointed Robert Kennedy as CEO of Howden UK & Ireland, succeeding Carl Shuker who will transition to the role of deputy chairman.Kennedy will assume his new role on October 1, reporting into CEO David Howden.Currently CEO of Howden Ireland,...Reuters
Thu, Jun 26
Trump trade war: tariff deadlines and key upcoming events
June 26 (Reuters) - The twists and turns in U.S. President Donald Trump's tariff policies have not only rattled global financial markets but have also taken investors on a roller-coaster ride. Companies are counting the cost of the trade war that is now being estimated at more than $34 billion i...Reuters
Thu, Jun 26
UK competition watchdog weighs probe into Boeing-Spirit Aero deal
June 26 (Reuters) - Britain's competition regulator is considering whether Boeing's BA.N deal to acquire its former subsidiary Spirit AeroSystems SPR.N could affect competition in the country or in other markets, it said on Thursday.The Competition and Markets Authority has not yet launched ...Reuters
Thu, Jun 26
Aon’s Goltermann: Clients demanding brokers take ‘no barriers’ approach to solutions
By James ThalerJune 26 - (The Insurer) - Aon's Lori Goltermann has said that multinational clients are demanding solutions on a global scale without barriers, an approach her company has adopted as it drives greater connectivity between its risk and human capital units.Goltermann, who serves as ...Reuters
Thu, Jun 26
Russia to summon German ambassador over alleged harassment of journalists
MOSCOW, June 26 (Reuters) - Russia will summon the German ambassador soon to inform him of retaliatory measures in response to what it sees as pressure and harassment of Russian journalists based in Germany, Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday.Reuters
Thu, Jun 26
Exclusive: MSI continues growth push with launch of first ever cyber program
By Chris MunroJune 26 - (The Insurer) - Millennial Specialty Insurance (MSI) has entered the cyber market after launching a new managed care organizations (MCOs)-focused program that can offer limits of up to $25 million on non-admitted capacity provided by Lloyd’s syndicates. The program, which is ...Reuters
Thu, Jun 26
