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Israel says it hit dozens of military targets in Iran, including nuclear research site
June 20 (Reuters) - The Israeli military said on Friday it carried out strikes on dozens of military targets in Iran overnight, including the Organization of Defensive Innovation and Research that it said is involved in Iran's nuclear weapons development. An industrial plant in northern Iran...Reuters
Fri, Jun 20
German minister promises more talks if Iran 'serious' on nuclear assurances
BERLIN, June 20 (Reuters) - Germany together with its European partners is open to further discussions with Iran if there is a serious willingness from Tehran to provide assurances on its nuclear and missile programmes, Foreign Minister Johann Wadephul said on Friday."My colleagues in the United...Reuters
Fri, Jun 20
Foxe Capital’s Blader: ‘A lot of interesting’ firms built during ‘hype cycles’ amid AI boom
By James ThalerJune 20 - (The Insurer) - Foxe Capital managing partner Ruth Foxe Blader has said that strong businesses are built during “hype cycles”, while lauding the amount of capital that AI is attracting to insurtech.Speaking to The Insurer TV on the sidelines of this month’s Insurtech Insight...Reuters
Fri, Jun 20
Soccer-PSG go from European glory to Club World Cup woe
By Julien PretotMIAMI, June 20 (Reuters) - European champions Paris St Germain arrived at the Club World Cup aiming to be crowned kings of the global game but defeat by Botafogo on Thursday showed the tournament will be a true test of their mettle and not just a celebratory lap of honour.The Ligue 1...Reuters
Fri, Jun 20
Thailand to boost economy with infrastructure investment, finance minister says
BANGKOK, June 20 (Reuters) - Thailand plans to boost the economy with investments in infrastructure, Finance Minister Pichai Chunhavajira on said Friday, adding he believed next year's budget would be approved by parliament. Pichai also told reporters that trade talks with the United States woul...Reuters
Fri, Jun 20
Norway to meet 5% NATO goal on defence, security spending, PM says
OSLO, June 20 (Reuters) - Norway plans to raise its defence spending to 3.5% of the country's GDP, and also aims to use an additional 1.5% for broader security related purposes, its prime minister said on Friday, in line with a planned common goal among NATO states.Reuters
Fri, Jun 20
ICW launches E&S unit with hire of MSIG’s Estes
By Michael LoneyJune 20 - (The Insurer) - ICW Group Insurance Companies has hired MSIG's Tracey Estes as chief underwriting officer for its newly launched excess and surplus business ICW Specialty.The new unit is being launched through ICW’s E&S insurer VerTerra Insurance.Estes will join as ...Reuters
Fri, Jun 20
Tesla, Shanghai sign $557 million energy storage station deal, Yicai reports
BEIJING, June 20 (Reuters) - Tesla's TSLA.O first China grid-scale battery storage station using its megapack batteries will be located in Shanghai, local media Yicai reported on Friday.The deal involving an investment of 4 billion yuan ($556.8 million) was signed between the U.S. automaker, Chi...Reuters
Fri, Jun 20
Soccer-Botafogo and Inter Miami end European dominance at Club World Cup
By Fernando Kallas PHILADELPHIA, June 20 (Reuters) - Thirteen years of European dominance in intercontinental club football came to an end on Thursday as U.S. side Inter Miami defeated Porto 2-1 and Brazilians Botafogo beat Champions League winners Paris St Germain 1-0 at the revamped Club Wo...Reuters
Fri, Jun 20
Situation at Iran's Bushehr nuclear plant is 'normal', Russian official says
ST PETERSBURG, June 20 (Reuters) - The head of Russia's nuclear energy corporation, Alexei Likhachev, said on Friday that Russian specialists were still working at the Bushehr nuclear power plant in Iran and that the situation there was normal and under control.Likhachev said he hoped Russia'...Reuters
Fri, Jun 20
Thailand's economy teeters as political turmoil threatens recovery efforts
Political chaos threatens budget passage, economic stabilityHigh household debt, U.S. tariffs hinder economic growthWeakened government may affect U.S. trade talks, says analystStreet protests could impact tourism, a key economic driverBy Orathai Sriring, Thanadech Staporncharnchai BANGKOK, June ...Reuters
Fri, Jun 20
South Korea says SK and Amazon to invest $5 bln in country's biggest data centre
SEOUL, June 20 (Reuters) - South Korea's SK Group will invest around 7 trillion won ($5.11 billion) including $4 billion from Amazon Web Services, Amazon's cloud services provider, to build a data centre in the southern city of Ulsan, the Science Ministry said on Friday.The AI data centre, w...Reuters
Fri, Jun 20
SoftBank's Son pitches $1 trillion Arizona AI hub, Bloomberg News reports
June 20 (Reuters) - SoftBank Group 9984.T founder Masayoshi Son is envisaging setting up a $1 trillion industrial complex in Arizona that will build robots and artificial intelligence, Bloomberg News reported on Friday, citing people familiar with the matter.Son is seeking to team up with Taiwan Sem...Reuters
Fri, Jun 20
Exclusive: Marco Capital acquires R&Q Gamma
By Michael JonesJune 20 - (The Insurer) - Marco Capital Holdings has acquired R&Q Gamma for undisclosed terms, the legacy specialist is expected to announce later today.R&Q Gamma, formerly Royal London General Insurance Company, was established in 1983 and put into run-off in 1999.It was acq...Reuters
Fri, Jun 20
Moody’s upgrades AIG to A1 on enhanced profitability
By Michael LoneyJune 20 - (The Insurer) - Moody’s Ratings has upgraded the senior unsecured debt rating of American International Group to Baa1 from Baa2, and the insurance financial strength ratings of its major property casualty subsidiaries in the U.S., UK and Europe to A1 from A2.Moody’s has cha...Reuters
Fri, Jun 20
Eutelsat shares open up 6% after France gives it capital boost
PARIS, June 20 (Reuters) - Eutelsat shares opened up 6% on Friday after the French government announced it would become the satellite company's biggest shareholder following a 1.35 billion-euro ($1.56 billion) capital increase.The French finance ministry said the move would help the company, whi...Reuters
Fri, Jun 20
RPT-Iran's divided opposition senses its moment but activists remain wary of protests
Exiled opposition leaders hope for regime changeInside Iran activists are cautious on protests for nowDivisions may complicate any opposition movesBy Parisa Hafezi DUBAI, June 19 (Reuters) - Iran's fragmented opposition groups think their moment may be close at hand, but activists involved in...Reuters
Fri, Jun 20
Vatican-backed report seeks financial reform to avert decades of lost development
Debt crisis symptom of 'broken investment model'Interest costs for developing nations have nearly doubled Law change in London, New York needed to deter holdout creditorsReforms needed to enable developing world growthBy Libby George LONDON, June 20(Reuters) - A commission launched by the...Reuters
Fri, Jun 20
German car manufacturers incurred costs of half a billion euros in April due to tariffs, says VDA
BERLIN, June 20 (Reuters) - German car manufacturers are likely to have incurred costs of around half a billion euros in April due to import tariffs imposed by U.S. President Donald Trump, the head of the VDA auto industry lobby group said an interview published on Friday."We have roughly estima...Reuters
Fri, Jun 20
