News
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Euro zone bond yields slip ahead of ECB policy rate decision
By Linda Pasquini June 5 (Reuters) - Euro zone bond yields fell on Thursday after a muted start to the session, with markets expecting an interest rate cut from the European Central Bank later in the day.With the ECB widely expected to cut rates by 25 basis points to 2%, investors will focus on a...Reuters
Thu, Jun 5
Russia's FSB says blast damaged railway track in Voronezh region, Ifax reports
MOSCOW, June 5 (Reuters) - Russia's FSB security service said on Thursday that a railway track in the Voronezh region was damaged by the detonation of an explosive device, Interfax news agency reported.The issue of opening a criminal case on terrorism is currently under consideration, the FSB sa...Reuters
Thu, Jun 5
U.S. reviewing its force posture, says Hegseth
BRUSSELS, June 5 (Reuters) - The United States is reviewing its force posture, U.S. Defence Secretary Pete Hegseth on Thursday told reporters while in Brussels for a NATO meeting with Defence Ministers."There are reasons why we have troops in certain places, and we respect and understand that. I...Reuters
Thu, Jun 5
Apple gives Tata India iPhone repair business as partnership expands, sources say
Tata takes over iPhone repairs from Wistron in IndiaApple India sold 11 million iPhones in 2024 with 7% market shareIndia emerges as key iPhone production hub amid US-China tensionsBy Munsif Vengattil BENGALURU, June 5 (Reuters) - Apple has brought in Tata Group to handle repairs for iPhones and ...Reuters
Thu, Jun 5
NATO allies are near consensus on 5% commitment, says Hegseth
BRUSSELS, June 5 (Reuters) - NATO allies are nearing a consensus on committing 5% of GDP to defence spending, U.S. Defence Secretary Pete Hegseth told reporters on Thursday."Countries in there are well exceeding 2% and we think very close, almost near consensus, on a 5 pct commitment to NATO,...Reuters
Thu, Jun 5
NHTSA Says General Motors Is Recalling 41,376 U.S. Vehicles
June 5 (Reuters) - GENERAL MOTORS, LLC IS RECALLING 41,376 U.S. VEHICLES - NHTSAGENERAL MOTORS, LLC IS RECALLING SOME U.S. VEHICLES AS A BLANK VIDEO DISPLAY CAN RESULT IN A LOSS OF CRITICAL SAFETY INFORMATION, SUCH AS THE SPEEDOMETER, WARNING LIGHTS, AND REARVIEW CAMERA IMAGE, INCREASING THE RISK OF...Reuters
Thu, Jun 5
EXCLUSIVE-Walmart’s Flipkart secures approval for direct lending in India, documents show
By Ashwin Manikandan June 5 (Reuters) - Walmart's WMT.N Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer loans directly to customers and sellers on its platform, according to documents reviewed by Reuters and a source.This is the ...Reuters
Thu, Jun 5
QBE names Tjornelund interim Asia marine head
By Michael JonesJune 5 - (The Insurer) - QBE Asia has appointed Sebastian Tjornelund as interim head of marine for Asia, the company said on Thursday.Tjornelund, who currently serves as QBE's head of P&I for Asia, will assume the new role effective June 16, 2025.He succeeds Ramachandran Rada...Reuters
Thu, Jun 5
Humana to back curbs to Medicare Advantage billing practices, WSJ reports
June 5 (Reuters) - Humana HUM.N has told congressional staffers that it will support moves that would curtail billing practices worth billions in extra payments to the industry, the Wall Street Journal reported, citing staffers and a document viewed by it.The company is willing to back new limits on...Reuters
Thu, Jun 5
Blink Parametric appoints Barter as new CEO
By Henry GaleJune 5 - (The Insurer) - Technology firm Blink Parametric appointed Brian Barter as its new CEO, with Sid Mouncey moving to the role of chief commercial officer.Barter was most recently managing director of software business BoatyardX from its inception in 2019 until 2024, leading it th...Reuters
Thu, Jun 5
Softening property market distinguishes strategic from opportunistic buyers of parametric
By Henry GaleJune 5 - (The Insurer) - Softening property market conditions at the June 1 (re)insurance renewals brought mixed experiences for companies selling parametric natural catastrophe coverage.Market sources canvassed by Parametric Insurer acknowledged some accounts had been lost as clients c...Reuters
Thu, Jun 5
UK regulator flags competition concerns again over Spreadex-Sporting Index deal
June 5 (Reuters) - Britain's competition watchdog on Thursday raised concerns once again over Spreadex's acquisition of Sporting Index's consumer arm, saying the companies together control 100% of UK's licensed online sports spread-betting market.The move comes after the Competition ...Reuters
Thu, Jun 5
Colorado fire-bomb suspect to make court appearance
Egyptian national scheduled to be formally charged in state courtSuspect faces nearly 400 years in prison for attempted murder Also faces federal hate crimes charges that carry life sentenceRun for Their Lives grassroots movement to carry on weekly walksBy Brad Brooks and Joseph Ax June 5 (Reuter...Reuters
Thu, Jun 5
More insurers turn to parametric reinsurance, survey finds
By Henry GaleJune 5 - (The Insurer) - The demand for parametric reinsurance remained smaller than demand for commercial parametric insurance in 2024 but is growing more quickly, accordingly to a survey of senior market participants conducted by Parametric Insurer.Respondents, who included the heads ...Reuters
Thu, Jun 5
Trump has asked Balkan states to accept deportees, Bloomberg reports
June 5 (Reuters) - President Donald Trump's administration is pushing Serbia and other Balkan countries to take in migrants deported from the United States, Bloomberg News reported on Thursday. The requests to countries in the region form part of a broader U.S. strategy to find foreign governmen...Reuters
Thu, Jun 5
Brazen murders threaten Mexico City's image as pocket of safety in violent nation
Two aides of Mexico City mayor killed in point-blank shooting Murders shock city where political violence is unusualViolence could rise in a government crackdown, analysts say By Rafael Escalera Montoto MEXICO CITY, June 5 (Reuters) - On a Tuesday morning along a busy Mexico City avenue last mont...Reuters
Thu, Jun 5
ANALYSIS-Chile abortion rights bill could shape Boric legacy as Latin American neighbors look on
Chile bill would decriminalize abortion up to 14 weeksAbortion debate could influence next presidential elections Colombia and Mexico eased abortion limits but social conservatives are gaining momentum By Alexander Villegas and Lucinda Elliott VALPARAISO, Chile, June 5 (Reuters) - An effort by Ch...Reuters
Thu, Jun 5
