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Lilly to launch Mounjaro pen in India to compete with Novo's Wegovy
By Rishika Sadam HYDERABAD, June 26 (Reuters) - Eli Lilly LLY.N said on Thursday India's drug regulator had approved the launch of pre-filled injector pens of its blockbuster weight-loss drug, Mounjaro, giving it more options to compete with Novo Nordisk's recently launched Wegovy. Li...Reuters
Thu, Jun 26
Risk analytics insurtech ZestyAI secures $15 million credit facility from CIBC
By Michael LoneyJune 26 - (The Insurer) - ZestyAI, a provider of AI-driven risk analytics for the property casualty insurance industry, has secured a $15 million credit facility from CIBC Innovation Banking.San Franciso-based ZestyAI said the facility enhances its financial flexibility and reinforce...Reuters
Thu, Jun 26
Israeli attacks kill at least 21 people in Gaza, medics say
CAIRO, June 26 (Reuters) - Israeli gunfire and airstrikes killed at least 21 Palestinians in the Gaza Strip on Thursday, local health authorities said, as mediators reached out to Israel and Hamas to seek a resumption of ceasefire talks to end the war.Local health authorities said an Israeli airstri...Reuters
Thu, Jun 26
China never supplied weapons to parties in the Ukraine war, foreign ministry says
BEIJING, June 26 (Reuters) - China's foreign ministry on Thursday denied that China supplied weapons to parties in the Ukraine war, and accused "relevant NATO personnel" of slandering China's "normal military build-up".Guo Jiakun, a spokesperson for the foreign ministry, made...Reuters
Thu, Jun 26
Japan hits M&A record of $232 billion, driving Asia deals rebound
Japan M&A deals in first half more than triple in value year-on-yearM&A surge driven by management reforms, shareholder activism and low ratesJapan is relatively more insulated from global woes, bankers sayAsia M&A more than doubled to $650 billion in strong reboundBy Anton Bridge, Miho ...Reuters
Thu, Jun 26
Everest names PGIM’s Sinclair chief HR officer as Van Beveren retires
By Michael LoneyJune 26 - (The Insurer) - Everest Group has hired Pamela Sinclair as executive vice president and chief human resources officer, succeeding Gail Van Beveren, who will retire after serving at the company since 1986.Sinclair’s appointment is effective July 14. She will report to Jim Wi...Reuters
Thu, Jun 26
Euro zone bond yields dip; focus on spending plans, ECB policy
LONDON, June 26 (Reuters) - Germany's 10-year bond yield fell on Thursday after rising the day before, but remained within its recent narrow range as markets weighed worries about rising fiscal spending against the outlook for monetary policy.Germany's 10-year government bond yield DE10YT=RR...Reuters
Thu, Jun 26
GM to recall over 62,000 US vehicles over fire risk from brake pressure switch
June 26 (Reuters) - GM is recalling 62,468 vehicles in the U.S. as an electrical short in the brake pressure switch can increase the risk of a fire while the vehicle is driving or parked, the U.S. National Highway Traffic Safety Administration said on Thursday.The recall covers certain 2019-2024 Che...Reuters
Thu, Jun 26
BMW Of North America, LLC Is Recalling 70,852 U.S. Vehicles - NHTSA
June 26 (Reuters) - BMW OF NORTH AMERICA, LLC IS RECALLING 70,852 U.S. VEHICLES - NHTSABMW OF NORTH AMERICA, LLC IS RECALLING SOME U.S. VEHICLES AS A LOSS OF DRIVE POWER INCREASES THE RISK OF A CRASH.- NHTSASource text: https://tinyurl.com/25z56aeyReuters
Thu, Jun 26
FACTBOX-Airlines suspend Middle East flights
June 26 (Reuters) - Israel's strikes against Iran have prompted international airlines to halt flights to some Middle East destinations due to air space closures and safety concerns. As the conflict entered a new phase following the U.S. attack on Iranian nuclear sites , some airlines ...Reuters
Thu, Jun 26
Aegis London ups political and financial risk line sizes
By Michael JonesJune 26 - (The Insurer) - Aegis London has increased its line sizes for sovereign non-payment and political risk to $30 million from $20 million, the company said on Thursday.The syndicate has also doubled its credit non-payment capacity to $20 million, with the increases said to ref...Reuters
Thu, Jun 26
PRESS DIGEST- Wall Street Journal - June 26
June 26 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- Blue Origin founder Jeff Bezos spoke to U.S. President Donald Trump at least twice this month as he tries to capitalize on a feud between r...Reuters
Thu, Jun 26
Lack of price for nature risks stalls investment opportunity, says Aviva’s Blamey
By Rebecca DelaneyJune 26 - (The Insurer) - Financial models do not currently give adequate value to nature-related dependencies, Aviva’s chief sustainability officer Claudine Blamey has argued, even though these risks are beginning to feed through to balance sheets and cash flows.Speaking on a pane...Reuters
Thu, Jun 26
Puretech Founded Entity Vor Bio Announces Exclusive Global License Agreement With Remegen For Late-Stage Autoimmune Asset
June 26 (Reuters) - PureTech Health PLC PRTC.L:PURETECH FOUNDED ENTITY VOR BIO ANNOUNCES EXCLUSIVE GLOBAL LICENSE AGREEMENT WITH REMEGEN FOR LATE-STAGE AUTOIMMUNE ASSET AND $175 MILLION PRIVATE PLACEMENTPURETECH HEALTH PLC - VOR BIO TO PAY REMEGEN $125 MILLIONReuters
Thu, Jun 26
Eli Lilly Gets India Drug Regulator Nod For Pen Form Of Mounjaro 'Kwikpen' - Statement
June 26 (Reuters) - Eli Lilly and Co LLY.N:ELI LILLY GETS INDIA DRUG REGULATOR NOD FOR PEN FORM OF MOUNJARO 'KWIKPEN' - STATEMENTLILLY'S MOUNJARO PEN TO BE AVAILABLE IN ALL DOSES FROM 2.5 MG TO 15 MG IN INDIA - STATEMENTReuters
Thu, Jun 26
Aviva unveils construction practice for sustainable real estate
By Rebecca DelaneyJune 26 - (The Insurer) - Aviva has announced a unified real estate and construction client practice across its construction, latent defects and real estate offerings, as well as expanding its appetite for sustainable construction of large commercial buildings.The UK insurer's ...Reuters
Thu, Jun 26
UK's Serco expects North America to drive first-half growth on defence contracts
June 26 (Reuters) - British outsourcing firm Serco SRP.L said on Thursday that it expects its North American market to drive organic growth in the first half of 2025, fuelled by a high volume of defence contracts secured last year.The company also named Keith Williams as board chair-designate, set t...Reuters
Thu, Jun 26
