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Hundreds of California bar exam-takers move from fail to pass with new scoring
By Karen Sloan June 2 (Reuters) - More than 200 people who took California’s disastrous February bar exam will go from failing to passing under a new round of grading changes approved on Friday, boosting the test’s overall pass rate from 56% to 63% — nearly double the state's historical avera...Reuters
Mon, Jun 2
US requires Keysight to divest tech assets before buying UK-based Spirent
By Jonathan Stempel June 2 (Reuters) - The U.S. government will require Keysight Technologies KEYS.N to divest three of Spirent Communications' SPT.L businesses to resolve antitrust concerns before it buys the British company, a purchase originally valued at $1.5 billion.In filings on Monday ...Reuters
Mon, Jun 2
EU backs curbs on Chinese medical device firms' bidding in public tenders
BRUSSELS, June 2 (Reuters) - European Union governments have backed a European Commission proposal to put limits on Chinese medical device suppliers' bidding on public contracts after finding EU companies were not given fair access to China's public tenders, EU diplomats said on Monday.The ...Reuters
Mon, Jun 2
Trump administration seeks pause of second tariff case after loss
Two courts have ruled that Trump's tariffs exceed the president's authorityTrump administration is appealing both rulingsTariffs remain in effect for now, after an earlier appeals court rulingBy Dietrich Knauth NEW YORK, June 2 (Reuters) - The Trump administration on Monday asked a U.S. a...Reuters
Mon, Jun 2
Mangrove places inaugural June 1 cat reinsurance program
By Rebecca DelaneyJune 2 - (The Insurer) - Florida-based startup Mangrove Property Insurance has placed its inaugural catastrophe reinsurance program at the June 1 renewal, the company said on Monday.The cat reinsurance program will enable Mangrove to withstand "significant" storms during th...Reuters
Mon, Jun 2
Aon appoints Marcell as CEO of global solutions
By Isha MaratheJune 2 - (The Insurer) - Aon has appointed to serve as CEO of global solutions.In his new role, Marcell will lead Aon's integrated risk capital and human capital capabilities across its reinsurance, commercial risk, health, wealth and talent teams. Marcell most recently ser...Reuters
Mon, Jun 2
Hundreds of California bar exam-takers move from fail to pass with new scoring
By Karen Sloan June 2 (Reuters) - More than 200 people who took California’s disastrous February bar exam will go from failing to passing under a new round of grading changes approved on Friday, boosting the test’s overall pass rate from 56% to 63% — nearly double the state's historical avera...Reuters
Mon, Jun 2
Lloyd’s capacity tips towards small and mid-sized syndicates: Howden Re
June 2 - (The Insurer) - Lloyd’s gross premiums were predominantly driven by volume growth rather than price increases in 2024, marking a shift from prior years as small and mid-sized syndicates increase underwriting capacity amid moderating prices, Howden Re said in a report published on Monday.The...Reuters
Mon, Jun 2
Russia sets out punitive terms at peace talks with Ukraine
Two sides talk for barely an hour in IstanbulLeaked memo details stringent Russian demandsSecond round of direct negotiations since 2022Warring sides agree on humanitarian stepsErdogan wants Putin, Zelenskiy, Trump to meet in Turkey By Vladimir Soldatkin, Tom Balmforth and Huseyin Hayatsever ISTA...Reuters
Mon, Jun 2
Musk's xAI launches $5 billion debt sale, seeks $113 billion valuation, media reports say
June 2 (Reuters) - Morgan Stanley MS.N is shopping a $5 billion debt package for Elon Musk's xAI and the artificial intelligence company is seeking a valuation of $113 billion in a share sale worth $300 million, according to media reports on Monday.The debt sale, launched Monday, includes a term...Reuters
Mon, Jun 2
U.S. nuclear deal offer allows Iran to enrich uranium - Axios
WASHINGTON, June 2 (Reuters) - The nuclear deal proposal the United States gave to Iran on Saturday would allow Tehran limited low-level uranium enrichment capability for a period of time, Axios reported on Monday, citing two unidentified sources with direct knowledge.Reuters
Mon, Jun 2
Victor rejigs senior leadership with Stephenson as UK and Australia CEO
By Michael JonesJune 2 - (The Insurer) - Victor Insurance has made several internal leadership changes including the appointment of John Stephenson to CEO of both Victor Insurance UK and Victor Australia, the company said on Monday.Stephenson has been promoted from his previous role as UK country ma...Reuters
Mon, Jun 2
Acies MGU names Light to lead recruitment liability product
By Navneeta NandanJune 2 - (The Insurer) - Acies MGU has appointed Rachael Light as senior underwriter to lead a new offering for recruitment companies from its newly launched MGA Acies Specialist Schemes, the company announced on Monday.Light previously spent three years at Kingfisher Insurance Ser...Reuters
Mon, Jun 2
Polish PM Tusk says will call vote of confidence in government
WARSAW, June 2 (Reuters) - Poland's Prime Minister Donald Tusk said on Monday he will call for a parliamentary vote of confidence in his coalition government, after his candidate, Rafal Trzaskowski, lost a presidential election on Sunday.Reuters
Mon, Jun 2
Top US immigration officials defend arrest of Massachusetts high school student
By Nate RaymondBOSTON, June 2 (Reuters) - The head of U.S. Immigration and Customs Enforcement defended on Monday his agency's decision to arrest a Massachusetts high school student on his way to volleyball practice, saying "he's in this country illegally and we're not going to walk ...Reuters
Mon, Jun 2
UK urged to reverse ruling on litigation funding, introduce 'light-touch regulation'
By Sam Tobin LONDON, June 2 (Reuters) - Britain should urgently reverse a landmark ruling that threw third-party funding of lawsuits into disarray, an influential advisory body recommended on Monday in a report which was welcomed by funders and industry critics alike.The Civil Justice Council (CJ...Reuters
Mon, Jun 2
California high school athletes seek right to player profits in new lawsuit
By Mike Scarcella June 2 (Reuters) - California’s governing body for high school sports, along with several media companies are facing a new lawsuit for allegedly depriving student athletes of their rightful pay from broadcasts, ticketing and other revenue.The lawsuit, filed on Friday in the San ...Reuters
Mon, Jun 2
