News
Important Only
Italy has no indication of imminent Israeli attack on Iran
ROME, June 12 (Reuters) - Italy has no indication there will be an Israeli attack on Iran in the near future, Foreign Minister Antonio Tajani said on Thursday."I don't know if there will be an Israeli attack on Iran, we have no signs, apart from what the Americans have done, that there will ...Reuters
Thu, Jun 12
Italy's Revo embeds parametric covers in consumer products and specialty insurance
By Henry GaleJune 11 - (The Insurer) - Italian insurer Revo plans to grow its portfolio by selling parametric covers through partnerships with consumer-facing brands and embedded within specialty policies, the company said.Two of the firm's latest parametric partnerships are with utility firm O...Reuters
Thu, Jun 12
Trump says he may soon hike auto tariffs to get more US production
WASHINGTON, June 12 (Reuters) - U.S. President Donald Trump on Thursday warned he may soon hike auto tariffs, arguing that could prod automakers to speed U.S. investments."I might go up with that tariff in the not too distant future," Trump said at a White House event. "The higher you go...Reuters
Thu, Jun 12
UN says full internet blackout in Gaza, paralyzing aid operations
June 12 (Reuters) - The United Nations said on Thursday that there was a full internet blackout in the Gaza Strip, likely due to military activity damaging the last cable into the enclave, that has paralyzed aid operations."Lifelines to emergency services, humanitarian coordination, and critical...Reuters
Thu, Jun 12
Tesla lawsuit says former engineer stole secrets for robotics startup
By Blake BrittainJune 12 (Reuters) - Tesla TSLA.O has sued one of its former engineers and his startup in California federal court, accusing them of stealing trade secrets related to its robot project Optimus to build a competing business for developing robotic hands.The lawsuit filed on Wednesday s...Reuters
Thu, Jun 12
EXCLUSIVE-Kennedy's new vaccine adviser was expert witness against Merck vaccine
Kulldorff served as expert witness against Merck's GardasilKennedy fired previous vaccine advisers citing drug industry conflictsCDC rules say advisers can't be expert witness in vaccine casesBy Chad Terhune and Dan Levine June 12 (Reuters) - One of the new vaccine advisers picked by U.S....Reuters
Thu, Jun 12
Trump praises Tesla after Musk backtracks in feud
WASHINGTON, June 12 (Reuters) - U.S. President Donald Trump, who had threatened to move his red Tesla at the White House amid his recent feud with the electric vehicle maker's billionaire CEO Elon Musk, on Thursday praised the car brand."I like Tesla," he said at a White House event targ...Reuters
Thu, Jun 12
Peru weighs sending foreign prisoners to El Salvador
LIMA, June 12 (Reuters) - Peru is weighing sending what it considers highly dangerous foreign inmates to prisons in El Salvador, the prime minister said on Thursday, potentially following in the footsteps of the U.S.' deportations of migrants to the Central American nation. Peruvian Prime Min...Reuters
Thu, Jun 12
Captive sector positions itself as long-term risk financing tool amid softening market
By Rebecca DelaneyJune 12 - (The Insurer) - Indications of market softening in some lines of business present an opportunity for risk managers to demonstrate how to leverage a captive as a long-term risk financing tool across different points of the insurance cycle, including purchasing more reinsur...Reuters
Thu, Jun 12
Abrego Garcia seeks sanctions against Trump administration in wrongful deportation case
Lawyers for wrongly deported man say US agencies have provided no meaningful informationAbrego Garcia returned to US to face migrant smuggling chargesBy Andrew Goudsward WASHINGTON, June 12 (Reuters) - Kilmar Abrego Garcia, the man wrongly deported from Maryland to El Salvador before being return...Reuters
Thu, Jun 12
Trump says he won't fire Fed's Powell but 'may have to force something' on rates
WASHINGTON, June 12 (Reuters) - U.S. President Donald Trump on Thursday said he would not fire Federal Reserve Chair Jerome Powell, adding that he "may have to force something" as part of his ongoing push for the central bank to lower rates. "Raise your rates. You don't have to keep ...Reuters
Thu, Jun 12
Peru weighs sending foreign prisoners to El Salvador
LIMA, June 12 (Reuters) - Peru is weighing sending what it considers highly dangerous foreign prisoners to prisons in El Salvador, Prime Minister Eduardo Arana said on Thursday.Arana, speaking to Congress, added that the Andean nation was seeking development bank financing to build more prisons of i...Reuters
Thu, Jun 12
CORRECTED-EDHEC launches ratings to track climate hit on infrastructure assets
Will cover 6,000 infrastructure assets, CEO saysTo expand and cover 5,000 listed equities in 2026By Simon Jessop LONDON, June 12 (Reuters) - A climate ratings firm created at French business university EDHEC has become the first to estimate projected financial losses for thousands of infrastructu...Reuters
Thu, Jun 12
Trump says he will not fire Fed's Powell
WASHINGTON, June 12 (Reuters) - U.S. President Donald Trump on Thursday said he would not fire Federal Reserve Chairman Jerome Powell, adding that he may have to force something as he presses for lower interest rates. Trump also pointed to oil prices, adding that he did not like prices rising.Reuters
Thu, Jun 12
German Foreign Minister Wadephul says Iran nuclear armament not acceptable
FRANKFURT, June 12 (Reuters) - Germany's Foreign Minister Johann Wadephul said on Thursday that Germany will not accept Iran getting nuclear weapons, at a press conference with his Italian counterpart Antonio Tajani in Rome. "Everyone wants to avoid any escalation. We will not stand by idly ...Reuters
Thu, Jun 12
Italy has no indication of imminent Israeli attack on Iran
MILANO, June 12 (Reuters) - Italy has no indication there will be an Israeli attack on Iran in the near future, Foreign Minister Antonio Tajani said on Thursday."I don't know if there will be an Israeli attack on Iran, we have no signs, apart from what the Americans have done, that there wil...Reuters
Thu, Jun 12
Judge in Harvey Weinstein trial declares mistrial on rape charge
NEW YORK, June 12 (Reuters) - The judge overseeing Harvey Weinstein's criminal trial in Manhattan on Thursday declared a mistrial on a third-degree rape charge against the former Hollywood movie mogul, after one of the jurors refused to continue deliberations.Weinstein had been found guilty on W...Reuters
Thu, Jun 12
Exclusive: Philadelphia Insurance Companies facing ‘major’ ransomware attack, sources say, as company hit by outage
By James Thaler, Isha MaratheJune 12 - (The Insurer) - Philadelphia Insurance Companies’ (PHLY) staff remain offline for the third straight day on Thursday, as the company ordered employees not to access the insurer’s network, as multiple cyber sources confirmed that it is dealing with a “major” ra...Reuters
Thu, Jun 12
Top US General says IAEA report on Iran is "troubling"
WASHINGTON, June 12 (Reuters) - The top U.S. general said on Thursday that a new report from the U.N. nuclear watchdog was troubling and the United States was watching the situation develop closely. "The IAEA report is certainly troubling," General Dan Caine, the chairman of the Joint Chiefs...Reuters
Thu, Jun 12
