News
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BREAKINGVIEWS-Victoria's Secret belongs behind closed doors
By Pranav KiranTORONTO, June 3 (Reuters Breakingviews) - Victoria’s Secret VSCO.N is struggling with the public glare. Since becoming independent in 2021, the lingerie retailer’s shares have halved. An Australian billionaire who amassed a 13% stake has sparked defensive tactics, but it’s an opportu...Reuters
Tue, Jun 3
EXCLUSIVE-Qwant asks French watchdog to take interim action against Microsoft, sources say
By Foo Yun CheeBRUSSELS, June 3 (Reuters) - Qwant has asked France's antitrust regulator to take action against Microsoft MSFT.O for allegedly driving down the quality of the French search engine's results via Microsoft's Bing platform, people with direct knowledge of the matter said.Qwa...Reuters
Tue, Jun 3
Citigroup Removes Its Policy As It Relates To Firearms
June 3 (Reuters) - Citigroup Inc C.N:CITIGROUP: WILL NO LONGER HAVE A SPECIFIC POLICY AS IT RELATES TO FIREARMS - WEBSITECITIGROUP: WILL UPDATE EMPLOYEE CODE OF CONDUCT & GLOBAL FINANCIAL ACCESS POLICY TO STATE WE DO NOT DISCRIMINATE ON BASIS OF POLITICAL AFFILIATIONReuters
Tue, Jun 3
Trump seeks to reshape judiciary as first nominees face Senate
Trump decries judges who have stymied his agendaPresident won confirmation of 234 nominees in first termNominees are 'bold and fearless' judges, supporter saysBy Nate Raymond June 3 (Reuters) - U.S. President Donald Trump's first batch of judicial nominees since returning to the White...Reuters
Tue, Jun 3
Broker consolidator Afore Insurance receives Neace Ventures investment
By Michael LoneyJune 3 - (The Insurer) - Alpharetta, Georgia-based insurance brokerage acquisition platform Afore Insurance Services has secured what it described as a “significant strategic investment” from Neace Ventures.Afore said the partnership with Neace Ventures will accelerate its national g...Reuters
Tue, Jun 3
Mosaic adds Chubb’s Bonkoski as cyber head, names DeLong global engagement officer
By Michael LoneyJune 3 - (The Insurer) - Mosaic Insurance has promoted Yosha DeLong to the new role of global engagement officer and hired Brian Bonkoski from Chubb to lead its cyber business.Chicago-based DeLong has built Mosaic’s cyber business since the company’s launch in February 2021.The cyber...Reuters
Tue, Jun 3
REFILE-Zullo, Chadroff: Equal Ventures seeks ‘big opportunities' that can reinvent insurance
By James ThalerJune 3 - (The Insurer) - Equal Ventures partners Adam Chadroff and Rick Zullo are seeking “really big opportunities" that can reinvent the insurance industry, as the "thesis-driven" firm deploys $250 million in committed capital.Zullo told The Insurer TV that Equal Venture...Reuters
Tue, Jun 3
Block Trade: Theon International Secondary ABB Offering Size C. 3.5M Shares - Bookrunner
June 3 (Reuters) - Bookrunner:BLOCK TRADE: THEON INTERNATIONAL SECONDARY ABB OFFERING SIZE: C. 3.5M SHARES - BOOKRUNNERBLOCK TRADE: THEON INTERNATIONAL SECONDARY ABB OFFERING SIZE: C. 3.5M SHARES - BOOKRUNNERReuters
Tue, Jun 3
Safehold Special Risk gets Concert capacity for specialized equipment coverage program
By Chris MunroJune 3 - (The Insurer) - Innovation Growth Partners Specialty (IGP Specialty)’s Safehold Special Risk has inked a capacity deal with hybrid fronting carrier Concert Group’s admitted subsidiary to support a new specialized equipment coverage program.Called the Safehold Specialized Equip...Reuters
Tue, Jun 3
Capital One must face social media creators' lawsuit alleging stolen commissions
Creators said Capital One overrode tracking codesJudge allows unjust enrichment, interference claimsCapital One not immediately available for commentBy Jonathan StempelJune 3 (Reuters) - Capital One COF.N must face a lawsuit by social media creators who said the bank's free browser extension sto...Reuters
Tue, Jun 3
Wesdome CFO Fernando Ragone Leaves Effective Immediately
June 3 (Reuters) - Wesdome Gold Mines Ltd WDO.TO:WESDOME PROVIDES SENIOR MANAGEMENT UPDATEWESDOME GOLD MINES LTD - RAJ GILL TO ASSUME CFO RESPONSIBILITIES ON INTERIM BASISWESDOME GOLD MINES LTD - CFO FERNANDO RAGONE LEAVES WESDOME EFFECTIVE IMMEDIATELYWESDOME GOLD MINES LTD - FERNANDO RAGONE LEAVES ...Reuters
Tue, Jun 3
South Korea's liberal presidential candidate Lee has 48.5% of votes, as 70% of ballots tallied
SEOUL, June 4 (Reuters) - With 70% of votes counted in South Korea's snap presidential election, liberal candidate Lee Jae-myung has 48.53% of votes, National Election Commission data said on Wednesday.Reuters
Tue, Jun 3
EXPLAINER-Court blow to Germany's new government on asylum: what happens now?
By Thomas Escritt BERLIN, June 3 (Reuters) - A court ruling that Germany could not simply return to Poland three asylum seekers who entered the country in May dealt a blow to the signature migration policy of Chancellor Friedrich Merz's new government: turning illegal migrants back at the bor...Reuters
Tue, Jun 3
Reckitt eyes new options to advance Air Wick unit sale, sources say
Trump tariff war has dealt blow to dealmaking Reckitt still pursuing sale of Essential Home unit, sources sayBids didn't match hopes for over 4 billion pounds, source saysBy Amy-Jo Crowley and Richa Naidu LONDON, June 3 (Reuters) - Britain's Reckitt RKT.L is considering new options to adv...Reuters
Tue, Jun 3
