News
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France's Macron says Iran responsible for destabilising region
By Michel Rose and John IrishPARIS, June 13 (Reuters) - French President Emmanuel Macron said on Friday that Iran bore a heavy responsibility for destabilisation of the Middle East and that it had pushed ahead with an unjustified nuclear programme, but he also urged restraint after Israel struck Ira...Reuters
Fri, Jun 13
US Senate Republicans seek to limit judges' power via Trump's tax-cut bill
Senate Judiciary Committee's Republicans propose mandating bonds for injunctionsSenate version lacks House-endorsed provision on contempt ordersSeveral judges have blocked Trump's policiesBy Nate Raymond June 13 (Reuters) - U.S. Senate Republicans have added language to President Donald T...Reuters
Fri, Jun 13
Inszone acquires Denver West Insurance Brokers, expanding Colorado presence
By Isha MaratheJune 13 - (The Insurer) - California-based Inszone has acquired Denver West Insurance Brokers, based in Golden, Colorado. The financial terms of the deal were not disclosed. "Tina Kiel has built an exceptional business centered on customer relationships and personalized serv...Reuters
Fri, Jun 13
RPT-ANALYSIS-Unglamorous world of 'data infrastructure' driving hot tech M&A market in AI race
Legacy tech firms target data infrastructure for AI competitivenessAI software deals account for 75% of tech M&A so far this yearGenerative AI spending forecasted to reach $644 billion in 2025By Milana Vinn June 13 (Reuters) - Weighed down by tariffs and geopolitical uncertainty, dealmaking h...Reuters
Fri, Jun 13
McDonald's settles Byron Allen's $10 billion lawsuit over commitment to Black-owned media
By Jonathan Stempel June 13 (Reuters) - McDonald's MCD.N has settled a $10 billion lawsuit by the media entrepreneur Byron Allen challenging the fast-food chain's alleged refusal to advertise with Black-owned media.Friday's settlement between McDonald's and two of Allen's comp...Reuters
Fri, Jun 13
Insurtech Concirrus strikes deal with US specialty carrier, expanding NA presence
By Isha MaratheJune 13 - (The Insurer) - London insurtech Concirrus has entered an agreement with a U.S.-based specialty carrier, building on earlier deployments in North America.The financial terms of the deal were not disclosed. Concirrus enables carriers to cut underwriting time, and is meant to...Reuters
Fri, Jun 13
UK's Starmer speaks to Trump about de-escalating Iran-Israel tensions, The Times reports
June 13 (Reuters) - British Prime Minister Keir Starmer spoke to U.S. President Donald Trump emphasizing the importance of de-escalating the Iran-Israel conflict, saying he respected Israel's right to self-defence, The Times editor Steven Swinford said in an X post on Friday.Reuters
Fri, Jun 13
EXPLAINER -How crucial is immigration for the US hotel industry?
By Doyinsola OladipoNEW YORK, June 13 (Reuters) - A U.S. crackdown on foreign-born workers could spell trouble for the hotel and hospitality industry, which has lobbied for years to expand the pathways for immigration to the United States to help fill over 1 million job vacancies.U.S. President Dona...Reuters
Fri, Jun 13
Iran's Supreme Leader says Israel initiated a war
DUBAI, June 13 (Reuters) - Iran's Supreme Leader Ayatollah Ali Khamenei said in a statement on Friday that Israel initiated a war and said it will not be allowed to do "hit and run" attacks without grave consequences. "The Zionist regime (Israel) will not remain unscathed from the co...Reuters
Fri, Jun 13
AM Best affirms Through Transport Mutual Insurance and subsidiaries' a-minus ratings
By Isha MaratheJune 13 - (The Insurer) - AM Best has affirmed the A-minus financial strength ratings and "a-minus" long term issuer credit ratings of Through Transport Mutual Insurance Association Limited (TTB), and its subsidiaries, TTI and TTNV, collectively known as TT Club. The outlook ...Reuters
Fri, Jun 13
INSIGHT-Israeli strikes back Iran's leadership into a corner
Israeli strikes degrade Iran's military and nuclear leadership Daring operation marks a decisive escalationTehran's ability to retaliate militarily is limited Gulf neighbours fear conflict spilling over By Samia Nakhoul and Parisa Hafezi DUBAI, June 13 (Reuters) - Israel has gutted Iran...Reuters
Fri, Jun 13
Airbus says Canada head Benoit Schultz will become chief procurement officer from October 1
MONTREAL, June 13 (Reuters) - Airbus on Friday named the head of its Canada operation, which oversees the A220 jet, to run its global supply chain. Benoit Schultz will become chief procurement officer from Oct 1, the planemaker said in a LinkedIn post. Reuters reported earlier this month that supply...Reuters
Fri, Jun 13
Live Nation case at US Supreme Court tests reach of arbitration law
By Mike Scarcella June 13 (Reuters) - A firm that developed rules for large scale arbitrations has asked the U.S. Supreme Court in a case involving entertainment giant Live Nation LYV.N to reject a ruling that criticized the procedures as unfair to consumers.In a friend-of-the-court brief filed o...Reuters
Fri, Jun 13
US gave regional allies heads up on Israel's planned attack on Iran
By Aram Roston, Humeyra Pamuk and Michelle Nichols WASHINGTON, June 13 (Reuters) - The U.S. State Department informed a number of regional allies in the Middle East of Israel's looming strike on Iran hours before the attack took place, three sources familiar with the matter said on Friday.In ...Reuters
Fri, Jun 13
Golf-Alligator near your ball? AI rules expert at U.S. Open will tell you what to do
By Frank PingueOAKMONT, Pennsylvania, June 13 (Reuters) - The rules of golf can be complex but at this week's U.S. Open an interactive artificial intelligence avatar is offering a glimpse into how golfers can get instant answers to questions, even what to do if you encounter an alligator on the...Reuters
Fri, Jun 13
Tennis-Zheng beats Raducanu at Queen's after change of shoes, Rybakina upset by Maria
Zheng beats Raducanu in straight setsMaria upsets RybakinaKeys comes from behind to knock out ShnaiderLONDON, June 13 (Reuters) - Top seed Zheng Qinwen beat home favourite Emma Raducanu 6-2 6-4 to move into the semi-finals at the Queen's Club Championships on Friday while 37-year-old Tatjana Mar...Reuters
Fri, Jun 13
Trump’s ICE arrests non-criminals despite crime-focused message
ICE detentions of non-criminals rise 800% under TrumpProtests erupt over expanded ICE raids Hispanic GOP lawmakers urge focus on criminal immigrantsBy Ted Hesson WASHINGTON, June 13 (Reuters) - The number of people booked into immigration detention who have been charged only with immigration viol...Reuters
Fri, Jun 13
UBS Asset Management: Collateralized re remains attractive despite softening
By David BullJune 13 - (The Insurer) - Although pricing for collateralized reinsurance has fallen from the hard market highs of 2023 and early 2024, it is still “quite attractive” in a historical context, said UBS Asset Management.In an update on private markets investments published just ahead of t...Reuters
Fri, Jun 13
