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WTW's Doddington: Insurtechs struggle to balance innovation and expertise
By Mia MacGregorJune 18 - (The Insurer) - Emerging technologies have fuelled high expectations and a surge of insurtech startups, posing challenges for newer ventures lacking a strong foundation in underwriting and insurance, while legacy insurtechs struggle to keep pace with innovation, according t...Reuters
Thu, Jun 19
Nigerian company to make HIV, malaria test kits after US funding cut
By Ben Ezeamalu LAGOS, June 19 (Reuters) - Nigerian manufacturer Codix Bio Ltd plans to make millions of HIV and Malaria test kits at its new plant outside Lagos for the local and regional market to help fill gaps in the wake of cutbacks at U.S. donor agency USAID, a company executive said.The U...Reuters
Thu, Jun 19
Soccer-Real Madrid's Mbappe in hospital with gastroenteritis, club says
MIAMI, June 19 (Reuters) - Real Madrid forward Kylian Mbappe has been admitted to hospital after suffering from gastroenteritis during the Club World Cup, the Spanish club said on Thursday."Our player Kylian Mbappe is suffering from an acute case of gastroenteritis and has been admitted to hospi...Reuters
Thu, Jun 19
Turkey ups border security as Iran-Israel conflict rages
By Tuvan Gumrukcu and Ece Toksabay ANKARA, June 19 (Reuters) - Turkey has stepped up security on its border with Iran since the start of Tehran's conflict with Israel, but has not yet seen any increase in people trying to cross the frontier, a Turkish Defence Ministry source said on Thursday....Reuters
Thu, Jun 19
Fed's Internal Divisions Deepen? Powell Exercises Caution Amid Uncertainty
TradingKey - On Wednesday, June 18th, the Federal Reserve opted to hold rates steady, marking the fourth consecutive pause in its rate-cutting cycle. The benchmark federal funds rate remains in the range of 4.25% to 4.5%. However, the release of the latest dot plot indicates growing divisions withinTradingKey
Thu, Jun 19
German finance minister hopes for agreement with states on relief by Tuesday
BERLIN, June 19 (Reuters) - German Finance Minister Lars Klingbeil is aiming to have an agreement with the country's 16 federal states on planned relief measures that will weigh on tax revenue by Tuesday, he said on the sidelines of a meeting of EU ministers."There are a lot of conversations...Reuters
Thu, Jun 19
Prysmian Invests $500 Mln To Support U.S. Power Grids Through Encore Wire Expansion In McKinney, Texas
June 19 (Reuters) - Prysmian SpA PRY.MI: SAID ON WEDNESDAY IT HAS INVESTED $500 MLN TO SUPPORT GROWING ELECTRIFICATION DEMAND, U.S. POWER GRIDS THROUGH ENCORE WIRE EXPANSIONENCORE WIRE SITE LOCATED IN MCKINNEY, TEXAS, CENTRAL TO PRYSMIAN EVOLUTION FROM CABLE MANUFACTURER TO SOLUTIONS PROVIDER IN U...Reuters
Thu, Jun 19
Marsh's Fahey: Private D&O getting increasing priority among large carriers as IPOs dip
By Isha MaratheJune 17 - (The Insurer) - Insurance carriers and brokers are building out proprietary pricing models for private directors and officers insurance products as the public market remains soft with too many players and plateaued IPO activity, said Will Fahey, managing director for privat...Reuters
Thu, Jun 19
Olympics-I will lead through collaboration, says new IOC President Coventry
BERLIN, June 19 (Reuters) - Kirsty Coventry, the newly elected president of the International Olympic Committee, emphasised collaboration with stakeholders as a key priority for her tenure, in remarks made on Thursday ahead of her official takeover next week.Coventry, a former Olympic swimming champ...Reuters
Thu, Jun 19
RPT-INSIGHT-How the world's top ad agencies aligned to fix prices in India
Advertising industry faces antitrust scrutiny in IndiaWatchdog reviews ad executives' WhatsApp chats detailing coordinationMeeting records show ad executives celebrated pricing pactRegulator determined on initial basis that conduct breached competition lawBy Aditya Kalra NEW DELHI, June 19 (R...Reuters
Thu, Jun 19
As death toll rises, Gazans make life-risking journeys to seek food
Dozens reported killed trying to get to aid centres in recent daysIsrael says troops fired warning shots to prevent 'suspects' approachingNorwegian Refugee Council says 1 million people without adequate shelterBy Ebrahim Hajjaj and Nidal al-Mughrabi GAZA/CAIRO, June 19 (Reuters) - Like th...Reuters
Thu, Jun 19
Spain PM tells NATO he opposes raising defence spending to 5% of GDP, TVE reports
MADRID, June 19 (Reuters) - Spanish Prime Minister Pedro Sanchez has sent a letter to NATO saying he will oppose raising the alliance's defence spending target to 5% of gross domestic product, state broadcaster TVE reported on Thursday.Sanchez's press office did not immediately respond to a ...Reuters
Thu, Jun 19
Amazon to invest $233 million in India to expand operations infrastructure, improve tech
June 19 (Reuters) - Amazon AMZN.O will invest more than 20 billion rupees ($233 million) in India in 2025 to expand and update its operations infrastructure, develop new technology for its fulfilment network and improve delivery safety, it said on Thursday.The investment builds on top of Amazon'...Reuters
Thu, Jun 19
X Chief Executive Yaccarino Said Users Will "Soon" Be Able To Make Investments Or Trades - FT
June 19 (Reuters) - X CHIEF EXECUTIVE LINDA YACCARINO HAS SAID THAT USERS WILL “SOON” BE ABLE TO MAKE INVESTMENTS OR TRADES ON THE SOCIAL MEDIA PLATFORM - FTX'S FORAY INTO FINANCIAL SERVICES COULD INCLUDE INTRODUCING CREDIT OR DEBIT CARD - FTX'S YACCARINO ADDED THAT X MONEY WOULD LAUNCH IN T...Reuters
Thu, Jun 19
RPT-BREAKINGVIEWS-AI titans offer different kinds of profit warnings
By Robert Cyran NEW YORK, June 18 (Reuters Breakingviews) - Elon Musk-run xAI and arch-rival OpenAI are pitching very different visions of the future of artificial intelligence. The industry should hope it steers between the two. As it seeks fresh funds to cover the $1 billion in cash it’s burnin...Reuters
Thu, Jun 19
Tennis-Wimbledon 2025 prize money: how much do winners of men's, women's and doubles finals get?
June 19 (Reuters) - The four Grand Slams offer a trophy and place in the history books as well as significant prize money. Here is what you need to know about the prize pot on offer at Wimbledon 2025, the third major of the year:WHEN IS WIMBLEDON 2025 HAPPENING?* The Championships will run from June...Reuters
Thu, Jun 19
Tennis-Wimbledon 2025: dates, schedule, seeds, how to watch on TV
June 19 (Reuters) - Wimbledon is a grasscourt Grand Slam organised by the All England Lawn Tennis Club. The tournament was first held in 1877. Here is what you need to know about the year's third major after the Australian Open and French Open:WHEN IS WIMBLEDON 2025 HAPPENING?* The Championships...Reuters
Thu, Jun 19
NATO cuts back leaders' summit to avoid Trump walkout, FT reports
June 19 (Reuters) - The North Atlantic Treaty Organization (NATO) has cut back next week's leaders' summit to just one working session in a bid to avoid U.S. President Donald Trump walking out early as he did recently at a G7 meeting, the Financial Times reported on Thursday.NATO has scaled ...Reuters
Thu, Jun 19
BMO Says Company To Acquire Burgundy Asset Management
June 19 (Reuters) - Bank of Montreal BMO.TO:BMO TO ACQUIRE BURGUNDY ASSET MANAGEMENTBANK OF MONTREAL - TO BUY BURGUNDY FOR $625 MILLIONBANK OF MONTREAL - BURGUNDY CO-FOUNDERS TO REMAIN WITH BUSINESSBANK OF MONTREAL - BURGUNDY CEO ROBERT SANKEY TO CONTINUE TO LEAD BUSINESSReuters
Thu, Jun 19
