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Jetblue Airways Says Silver Airways Has Ceased All Operations Immediately As Part Of Its Ongoing Chapter 11 Reorganization Process
June 11 (Reuters) - JetBlue Airways Corp JBLU.O:JETBLUE AIRWAYS -SILVER AIRWAYS HAS CEASED ALL OPERATIONS IMMEDIATELY AS PART OF ITS ONGOING CHAPTER 11 REORGANIZATION PROCESSJETBLUE AIRWAYS: STOPPED SELLING TICKETS INVOLVING SILVER AIRWAYS AND IS REVIEWING ALL AFFECTED BOOKINGS TO SUPPORT OUR CUSTOM...Reuters
Wed, Jun 11
American Express CFO Says Canadians And Europeans Are Traveling Less To The US - Conference
June 11 (Reuters) - American Express Co AXP.N:AMERICAN EXPRESS CFO CHRISTOPHE LE CAILLEC SAYS SPENDING CONSISTENT WITH Q1 - CONFERENCEAMEX CFO SAYS AIRLINE SPENDING SOFT, IN LINE WITH Q1AMEX CFO SAYS CREDIT LEVELS REMAIN STRONGAMEX CFO SAYS CANADIANS AND EUROPEANS ARE TRAVELING LESS TO THE USReuters
Wed, Jun 11
Motor racing-Aston Martin's Stroll fit to race at home Canadian Grand Prix
June 11 (Reuters) - Formula One driver Lance Stroll has been declared fit to race at his home Canadian Grand Prix after recovering from hand and wrist pain, his Aston Martin team said on Wednesday.The 26-year-old Canadian had missed the Spanish Grand Prix on June 1 due to the problem, having experie...Reuters
Wed, Jun 11
INSTANT VIEW-Analysts react to US-China trade agreement
NEW YORK/SINGAPORE, June 11 (Reuters) - U.S. and Chinese officials said they had agreed on a framework to put their trade truce back on track and remove China's export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade differences. China&#...Reuters
Wed, Jun 11
Germany's Merz to meet Nvidia CEO on Friday, says German source
BERLIN, June 11 (Reuters) - German Chancellor Friedrich Merz will meet Nvidia NVDA.O CEO Jensen Huang on Friday, a German government source told Reuters on Wednesday.Huang said earlier that the company would build its first artificial intelligence cloud platform for industrial applications in German...Reuters
Wed, Jun 11
Deals of the day-Mergers and acquisitions
June 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Wednesday: ** Starbucks has received "a lot of interest" in the sale of a stake in its China business, its chief executive told the Financial Times in an interview published on Wednes...Reuters
Wed, Jun 11
Aon sells cybersecurity and IP litigation consulting groups to LevelBlue
By Isha MaratheJune 11 - (The Insurer) - Managed security services provider LevelBlue has signed a definitive agreement to acquire Aon’s cybersecurity and intellectual property litigation consulting groups, including Stroz Friedberg and Elysium Digital.The financial terms of the deal were not discl...Reuters
Wed, Jun 11
Airmic to form member working groups amid “very encouraging signs” on UK captive regime
By Rebecca DelaneyJune 11 - (The Insurer) - Airmic is in consultation with its members to form working groups in July as part of the association’s next steps in supporting the formation of a UK captive insurance regime, with a handful of large offshore captives considering redomiciliation, CEO Julia...Reuters
Wed, Jun 11
US Treasury's Bessent calls on China to be 'reliable partner' in trade negotiations
WASHINGTON, June 11 (Reuters) - U.S. Treasury Secretary Scott Bessent on Wednesday called on China to uphold its commitments under an initial U.S. trade agreement reached in Geneva last month, hours after he and other U.S. and Chinese officials agreed on a new framework to implement the deal.Bessent...Reuters
Wed, Jun 11
Solar Orbiter spacecraft obtains first images of the sun's poles
European Space Agency-led Solar Orbiter was launched in 2020It studies solar activity cycle, magnetic field, solar wind By Will Dunham June 11 (Reuters) - The robotic Solar Orbiter spacecraft has obtained the first images ever taken of our sun's two poles as scientists seek a deeper understan...Reuters
Wed, Jun 11
Heineken will invest over $2.7 bln in Mexico through 2028
MEXICO CITY, June 11 (Reuters) - Beer maker Heineken will invest $2.75 bln in different projects in Mexico, the company's CEO in the country said on Wednesday. Oriol Bonaclocha said during the president's morning press conference that the investment will include the construction of a new fac...Reuters
Wed, Jun 11
Schneider Electric Accelerates Development And Deployment Of AI Factories At Scale With Nvidia
June 11 (Reuters) - SCHNEIDER ELECTRIC SCHN.PA:ACCELERATES THE DEVELOPMENT AND DEPLOYMENT OF AI FACTORIES AT SCALE WITH NVIDIAPLAN TO SET UP 13 AI FACTORIES AND 5 AI GIGAFACTORIES IN EUROPEReuters
Wed, Jun 11
MNK names Khawaja to lead governance and controls under new unified brand
By Rebecca DelaneyJune 11 - (The Insurer) - MNK Group has appointed Wajahat Khawaja as head of governance and controls, the company said on Wednesday, as part of the group's ongoing consolidationKhawaja most recently served as a reinsurance consultant at Fidelity Insurance Brokers. Previous role...Reuters
Wed, Jun 11
Markel unveils tech, cyber and D&O liability clauses for insurtech firms
By Rebecca DelaneyJune 11 - (The Insurer) - Markel has launched a package of four clauses for insurtech businesses, spanning insurance services and technology liability, D&O, crime and cyber liability.The InsurtechRisk+ package offers limits of up to 10 million pounds ($13.5 million) for busines...Reuters
Wed, Jun 11
Trump trade war: tariff deadlines and key upcoming events
June 11 (Reuters) - The twists and turns in U.S. President Donald Trump's tariff policies have not only rattled global financial markets but have also taken investors on a roller-coaster ride. Companies are counting the cost of the trade war that is now being estimated at more than $34 billion i...Reuters
Wed, Jun 11
Comerica Executive Says M&A Activity Level Not As Robust As We'd Like It To Be
June 11 (Reuters) - Comerica Inc CMA.N:COMERICA EXECUTIVE SAYS AGGRESSIVELY HIRING IN CALIFORNIA AND TEXAS - CONFERENCECOMERICA EXECUTIVE SAYS BUSINESS LOAN OUTLOOK IS POSITIVECOMERICA EXECUTIVE SAYS AVERAGE MAIN STREET MIDDLE MARKET CUSTOMER IS PROBABLY FEELING A LITTLE BIT MORE CONFIDENT MOVING FO...Reuters
Wed, Jun 11
Unisys Announces Cash Tender Offer And Consent Solicitation For Any And All Of Its Outstanding 6.875% Senior Secured Notes Due 2027
June 11 (Reuters) - Unisys Corp UIS.N:UNISYS ANNOUNCES CASH TENDER OFFER AND CONSENT SOLICITATION FOR ANY AND ALL OF ITS OUTSTANDING 6.875% SENIOR SECURED NOTES DUE 2027Reuters
Wed, Jun 11
Unisys Announces Proposed $700 Million Private Offering Of Senior Secured Notes Net Proceeds To Refinance Existing Notes And Partially Fund US Pension Plan
June 11 (Reuters) - Unisys Corp UIS.N:UNISYS ANNOUNCES PROPOSED $700 MILLION PRIVATE OFFERING OF SENIOR SECURED NOTES; NET PROCEEDS TO REFINANCE EXISTING NOTES AND PARTIALLY FUND U.S. PENSION PLANReuters
Wed, Jun 11
