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USAA’s Andrade: Auto insurance rates now adequate but homeowners ‘needs more work’
By Michael LoneyJune 6 - (The Insurer) - USAA CEO Juan Andrade has said that U.S. personal auto business has reached rate adequacy but homeowners business “is a different story” because of heightened catastrophe losses and a difficult regulatory environment in some states.Speaking at S&P Global ...Reuters
Fri, Jun 6
U.S backed Gaza Humanitarian Foundation says all aid distribution sites are closed
DUBAI, June 6 (Reuters) - The U.S backed-Gaza Humanitarian Foundation said on Friday that all its aid distribution sites in the enclave were closed and a reopening date would be announced later, urging residents to stay away from these sites "for their safety". Work at the sites was halted i...Reuters
Fri, Jun 6
Hungary's Orban lauds MAGA advance after Nawrocki's win in Poland
BUDAPEST, June 6 (Reuters) - Hungarian Prime Minister Viktor Orban said on Friday that nationalist Karol Nawrocki's victory in Poland's presidential election was "fantastically good", hailing the success of an ally of U.S. President Donald Trump. Eurosceptic Karol Nawrocki narrowly w...Reuters
Fri, Jun 6
RPT-REFILE-Netflix 'Tudum' fan event reflects studio investment in global streaming
By Danielle BroadwayLOS ANGELES, June 5 (Reuters) - Netflix NFLX.O continues to add more live content for viewers hungry for real-time entertainment, including the Tyson vs. Paul boxing match, National Football League games and, most recently, the "Tudum" live fan event that showcased upcomi...Reuters
Fri, Jun 6
Crum & Forster CEO: ‘A head scratcher’ that E&S property is attracting so much capital
By Michael LoneyJune 6 - (The Insurer) - Crum & Forster chairman and CEO Marc Adee has said the Fairfax subsidiary has pulled back on excess and surplus lines property business so far this year because rates are falling despite wildfire losses.Speaking at S&P Global Ratings’ 41st Annual Insu...Reuters
Fri, Jun 6
Satellite firm SES taps aerospace veteran as new finance chief
June 6 (Reuters) - SES SESFg.LU has appointed Elisabeth Pataki, a veteran of the aerospace and defence industry, as its new finance chief, the European satellite company said on Friday.Pataki is currently the chief financial officer of L3Harris LHX.N unit Aerojet Rocketdyne. She will fill the same r...Reuters
Fri, Jun 6
Mazda North America recalls 171,412 vehicles, US regulator says
June 6 (Reuters) - Mazda North America 7261.T has recalled 171,412 vehicles in the United States as an airbag sensor error could deactivate airbags in the vehicles, the National Highway Traffic Safety Administration (NHTSA) said on Friday.Reuters
Fri, Jun 6
ANALYSIS-NATO's dilemma: how Zelenskiy can attend summit without provoking Trump
Alliance yet to say whether Ukrainian leader invited to summitAllies' caution reflects desire to avoid upsetting TrumpEuropeans anxious to keep U.S. security commitmentBy Andrew Gray, Sabine Siebold and Lili Bayer BRUSSELS, June 6 (Reuters) - Officials organising a NATO summit in The Hague th...Reuters
Fri, Jun 6
Satellite firm SES taps aerospace veteran as new finance chief
June 6 (Reuters) - SES SESFg.LU has appointed Elisabeth Pataki as its new finance chief, the European satellite company said on Friday.Pataki, a veteran of the aerospace and defence industry, is currently the chief financial officer of L3Harris LHX.N unit Aerojet Rocketdyne. She will take on the rol...Reuters
Fri, Jun 6
Car parts retailer Autodoc plans German IPO, bookrunner says
June 6 (Reuters) - German online car parts retailer Autodoc intends to list on the Frankfurt Stock Exchange via a secondary share sale, a bookrunner on the initial public offering said on Friday.The Berlin-headquartered company's founders and the U.S. private equity firm Apollo Global Management...Reuters
Fri, Jun 6
Russia sees bleak prospects for expiring nuclear arms pact given 'ruined' ties with US
Key arms treaty expires next FebruaryRussian official says dire state of US ties is big hurdleMoscow sees Trump's Golden Dome as 'deeply destabilising'By Mark Trevelyan June 6 (Reuters) - Russia sees little chance of saving its last nuclear accord with the United States, due to expire...Reuters
Fri, Jun 6
U.S. and China Agree to Launch Second Round of Talks, Trump Might Grant China a 'Privilege'
TradingKey - Both sides agreed to resume the second round of trade negotiations, with Trump notably extending a welcome to Chinese students to study in the United States — marking a sharp contrast to his earlier stance restricting international student admissions at American universities.
TradingKey
Fri, Jun 6
Polish foreign minister takes aim at Musk after Trump clash
WARSAW, June 6 (Reuters) - Poland's foreign minister poked fun at Elon Musk late on Thursday, returning to a social media spat from March after the Tesla and SpaceX boss spectacularly fell out with U.S. President Donald Trump.Warsaw's top diplomat Radoslaw Sikorski found himself embroiled in...Reuters
Fri, Jun 6
Autodoc IPO Intention To Float - Bookrunner
June 6 (Reuters) - Bookrunner:AUTODOC IPO - INTENTION TO FLOAT - BOOKRUNNERAUTODOC IPO OFFER STRUCTURE: 100% SECONDARY - BOOKRUNNERAUTODOC IPO - INTENTION TO FLOAT ON REGULATED MARKET OF FRANKFURT STOCK EXCHANGE - BOOKRUNNERAUTODOC IPO SELLING SHAREHOLDERS: FOUNDERS AND APOLLO GLOBAL MANAGEMENT- BOO...Reuters
Fri, Jun 6
Exclusive: Aon crisis management director for credit and political risk Minor exits
By Michael JonesJune 6 - (The Insurer) - Aon's director of crisis management for structured credit and political risk John Minor has exited the broker, two senior sources told The Insurer.The sources said that Minor had left to take up another position within the industry. The Insurer could not ...Reuters
Fri, Jun 6
UK's Rosebank Industries raises $1.55 billion for US-based ECI's acquisition
June 6 (Reuters) - British investment firm Rosebank Industries ROSE.L on Friday said it will raise about 1.14 billion pounds ($1.55 billion) to finance the acquisition of U.S.-based Electrical Components International.Rosebank, which focuses on acquiring, enhancing and eventually selling businesses,...Reuters
Fri, Jun 6
