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LA wildfires highlight importance of ILS managers developing their own view of cat bond risk
By Henry GaleJune 26 - (The Insurer) - This year's Los Angeles wildfires highlighted the need for ILS investment managers to use their own view of risk to assess catastrophe bond opportunities alongside the outputs of vendor models.There are "very good vendor models", Mark Gibson, senior...Reuters
Thu, Jun 26
Global cocaine boom keeps setting new records, UN report says
VIENNA, June 26 (Reuters) - The global cocaine trade keeps setting new records, with cocaine the world's fastest-growing illicit drug market as Colombia production surges along with users in Europe and North and South America, a United Nations report published on Thursday said.The annual U.N. Of...Reuters
Thu, Jun 26
Soccer-Monterrey coach Torrent wary of Dortmund threat after sealing last 16 berth
LOS ANGELES, June 25 (Reuters) - Monterrey coach Domenec Torrent has warned his players that they face another huge challenge at the Club World Cup when they take on Borussia Dortmund in the last 16 in Atlanta on Monday.The Mexican side advanced to the knockout rounds after their 4-0 thrashing of Ja...Reuters
Thu, Jun 26
Norwegian software company Visma picks London for IPO, FT reports
June 26 (Reuters) - Norwegian software company Visma has picked London over Amsterdam for its initial public offering (IPO) next year, the Financial Times reported on Thursday.Majority stakeholder Hg initially invested in the 19 billion euro ($22.21 billion) company in 2006, when it helped take it p...Reuters
Thu, Jun 26
Russia says it downs 50 Ukrainian drones overnight
June 26 (Reuters) - Russia's air defence units destroyed 50 Ukrainian drones overnight, the Russian defence ministry said on Thursday. Nearly half of the drones were downed over the Kursk region on the border with Ukraine, the defence ministry said on the Telegram messaging app. The rest were de...Reuters
Thu, Jun 26
Brookfield to sell Australian senior housing platform Aveo for $2.5 billion
June 26 (Reuters) - Brookfield Asset Management BAM.TO will sell its Australian retirement home operator Aveo to The Living Company for A$3.85 billion ($2.5 billion), the Canadian company said on Thursday.Aveo owns a portfolio of more than 10,000 units located across Queensland, Victoria, New South ...Reuters
Thu, Jun 26
China's consumption push will support global growth, Premier Li says
BEIJING, June 26 (Reuters) - Chinese premier Li Qiang said on Thursday reforms and a shift to a consumption-led model in the world's No. 2 economy will help it continue to be the world's biggest driver of economic growth.Beijing's second-ranking official said policy support rolled out si...Reuters
Thu, Jun 26
Denis Villeneuve to direct the next 'James Bond' movie
June 25 (Reuters) - Oscar-nominated Denis Villeneuve will direct the next "James Bond" film, Amazon's MGM Studios said on Wednesday, taking charge of one of Hollywood's most enigmatic spies and longest-running movie series.Villeneuve, the Canadian film director and writer, has earned...Reuters
Thu, Jun 26
Soccer-Monterrey down Urawa with quick-fire treble to reach Club World Cup last 16
LOS ANGELES, June 25 (Reuters) - Monterrey booked a spot in the knockout rounds of the Club World Cup with a thumping 4-0 win over Japan's Urawa Red Diamonds at the Rose Bowl on Wednesday to claim second place in Group E and set up a last 16 meeting with Borussia Dortmund.Three goals in eight fi...Reuters
Thu, Jun 26
Denis Villeneuve to direct the next 'James Bond' movie
June 25 (Reuters) - Oscar-nominated Denis Villeneuve will direct the next "James Bond" film, Amazon's MGM Studios said on Wednesday, taking charge of one of Hollywood's most enigmatic spies and longest-running movie series.Villeneuve, the Canadian film director and writer, has earned...Reuters
Thu, Jun 26
Sitime Corporation Prices Follow-On Public Offering Of 1,750,000 Shares Of Common Stock At $200.00 Per Share
June 26 (Reuters) - SiTime Corp SITM.O:SITIME CORPORATION ANNOUNCES PRICING OF FOLLOW-ON PUBLIC OFFERINGSITIME CORP - PRICING OF FOLLOW-ON PUBLIC OFFERING OF 1,750,000 SHARES OF COMMON STOCK AT $200.00 PER SHAREReuters
Thu, Jun 26
China takes action on key US fentanyl demands
Fentanyl trafficking remains major bilateral irritantBeijing adds precursors to list of controlled chemicalsChina highlights fight against drug-related money laundering, briberyBy Laurie Chen BEIJING, June 26 (Reuters) - China has taken a series of actions in the past week on counter-narcotics, i...Reuters
Thu, Jun 26
Private equity-backed Visma picks London for tech IPO, FT reports
June 26 (Reuters) - Private equity-backed software group Visma has chosen London over Amsterdam for the planned initial public offering of the 19 billion euro ($22.21 billion) company next year, Financial Times reported on Thursday. Reuters could not immediately confirm the report.($1 = 0.8555 euros...Reuters
Thu, Jun 26
Meta poaches three OpenAI researchers, WSJ reports
June 25 (Reuters) - Meta META.O CEO Mark Zuckerberg has hired three OpenAI researchers to join his "superintelligence" team, the Wall Street Journal reported on Wednesday, days after OpenAI CEO Sam Altman accused the Facebook owner of trying to poach its employees. An OpenAI spokesperson ...Reuters
Thu, Jun 26
