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Ukrainians, Russians enter Istanbul venue for peace talks
ISTANBUL, June 2 (Reuters) - Ukrainian and Russian delegations arrived at Istanbul's Ciragan Palace, along with senior Turkish officials, for their second round of direct peace talks in three years on Monday. The delegations arrived in cars and entered the venue, the Russians mostly wearing suit...Reuters
Mon, Jun 2
ANALYSIS-Trump tax bill poses limited benefits, higher costs for lower-income Americans
By David Morgan WASHINGTON, June 2 (Reuters) - U.S. President Donald Trump's signature tax break on tips promises relatively few upsides for low-income Americans, who face a net loss of income under his massive tax and spending bill in Congress, analysts say.The new tax break is one of severa...Reuters
Mon, Jun 2
EXCLUSIVE-Tesla executives questioned Musk after he denied killing $25,000 EV project - sources
Musk had already canceled the so-called Model 2 despite public denial, executives saidSome Tesla executives expressed concern Musk was deceiving investors about a low-cost EVTesla now plans more affordable, stripped-down versions of the Model 3 and Model YBy Rachael Levy June 2 (Reuters) - Some s...Reuters
Mon, Jun 2
Merz will push for 'fair ceasefire' in Ukraine during US visit, Berlin says
BERLIN, June 2 (Reuters) - German Chancellor Friedrich Merz will push for a "fair ceasefire" in Ukraine during his first in-person meeting with U.S. President Donald Trump in Washington on Thursday, a German government spokesperson said."The government's objectives are clear and the ...Reuters
Mon, Jun 2
Sanofi to buy US biopharma group Blueprint for up to $9.5 billion
Sanofi to pay $129 per share in cashDeal to enhance Sanofi's rare and immunology portfoliosOne of the biggest deals by a European company so far this year By Dominique Patton and Geert De Clercq PARIS, June 2 (Reuters) - France's Sanofi has agreed to buy U.S.-based Blueprint Medicines Cor...Reuters
Mon, Jun 2
TABLE-EU Commission sells 2028 EU-Bonds at average yield of 2.142%
June 2 (Reuters) - The European Commission, on behalf of the European Union, carried out on Monday an EU-Bonds auction. The results of this auction are as follows: EU-Bond04-07-20282.625% EU-Bond04-02-20332.750%EU-Bond04-11-20423.375%ISINEU000A4D5QM6 EU000A3K4DW8 EU000A3K4DV0 Date of aucti...Reuters
Mon, Jun 2
Optio launches $150 million Lloyd's-backed PVT binder
By Navneeta NandanJune 2 - (The Insurer) - Specialty MGA Optio Group announced on Monday that it has launched a new political violence and terrorism binder, backed 100% by Lloyd’s capacity.The binder provides $150 million of protection against both physical and financial threats faced by businesses ...Reuters
Mon, Jun 2
Poland's Trzaskowski congratulates Nawrocki on winning presidential election
WARSAW, June 2 (Reuters) - Polish pro-European presidential candidate Rafal Trzaskowski congratulated on Monday nationalist Karol Nawrocki on winning the presidential election.Nationalist opposition candidate Karol Nawrocki narrowly won Poland's presidential election, results showed on Monday, d...Reuters
Mon, Jun 2
Drugmaker Indivior drops London listing to cut costs
Company to delist from London, maintain Nasdaq listingIndivior's revenue heavily reliant on US marketLondon struggling to attract major IPOs despite rule changes June 2 (Reuters) - Pharma firm Indivior INDV.L said on Monday it would cancel its secondary listing on the London Stock Exchange, e...Reuters
Mon, Jun 2
UK's Rosebank Industries revives plans to buy US-based ECI for under $1.9 billion
June 2 (Reuters) - British investment firm Rosebank Industries ROSE.L said on Monday it has restarted talks to buy U.S.-based Electrical Components International, which makes wire harnesses, for under $1.9 billion.Rosebank, which specialises in acquiring and improving businesses before selling them,...Reuters
Mon, Jun 2
Ukraine's GDP warrant slides after it said it would default on payment
LONDON, June 2 (Reuters) - Ukraine's GDP-linked warrant slid on Monday after the government said it would default on a payment of more than half a billion dollars due to holders. The warrant, a debt instrument desiged to pay out based on economic performance, fell by 1.8 cents in morning trade t...Reuters
Mon, Jun 2
Moody’s: US P&C reserves redundant overall but ‘modest’ deficiency in long-tail lines
By Michael LoneyJune 1 - (The Insurer) - U.S. property insurers are reporting higher favourable reserve development in personal lines but adverse development in commercial lines, according to Moody’s, which expects continued reserve increases for general liability and commercial auto liability in 2...Reuters
Mon, Jun 2
Iran says it has seen no change in US position on sanctions yet
DUBAI, June 2 (Reuters) - Iran's foreign ministry said on Monday it would have to see if there are changes in the U.S. position on sanctions, as the two countries negotiate a deal to resolve a decades-long dispute over Iran's nuclear ambitions."I regret to inform you that the American si...Reuters
Mon, Jun 2
Al Fardan named MENA chairman at Burns & Wilcox
By Navneeta NandanJune 2 - (The Insurer) - HW Kaufman Group has appointed Hasan Fardan Al Fardan as non-executive chairman for Burns & Wilcox in the Middle East and North Africa region.In his new role, Al Fardan will work closely with HW Kaufman co-president Jodie Kaufman Davis and international...Reuters
Mon, Jun 2
Oklahoma Farm Bureau ICR outlook revised to negative
By Isha MaratheJune 2 - (The Insurer) - AM Best has revised the outlook to negative from stable for the long-term issuer credit rating of Oklahoma Farm Bureau Mutual Insurance Company and its wholly owned subsidiary AgSecurity Insurance Company.The rating agency affirmed the financial strength rati...Reuters
Mon, Jun 2
UK's Rosebank Industries in talks to buy US-based ECI for less than $1.9 billion
June 2 (Reuters) - British investment firm Rosebank Industries ROSE.L said on Monday it is in talks to buy U.S.-based Electrical Components International, which makes wire harnesses, for less than $1.9 billion.Reuters
Mon, Jun 2
Farallon Capital Management Outlines Value Creation Opportunities At T&D Holdings, Holds about 4.6% Voting Rights
June 2 (Reuters) - FARALLON CAPITAL MANAGEMENT RELEASES INVESTOR PRESENTATION OUTLINING VALUE CREATION OPPORTUNITIES AT T&D HOLDINGS AND NEED FOR ADDITIONAL INDEPENDENT OUTSIDE DIRECTORSFARALLON : HOLDS ABOUT 4.6% OF VOTING RIGHTS IN T&D.Reuters
Mon, Jun 2
Salzgitter CEO Says Erratic Tariff Policy Of The US Is Hitting Europe's Economy Hard - Especially Germany
June 2 (Reuters) - SALZGITTER AG CEO SZGG.DE:SALZGITTER AG'S DIRECT U.S. BUSINESS IN THE STEEL SECTOR IS NOT OF ANY SIGNIFICANT SIZESTEEL INDUSTRY NEEDS RELIABLE PROSPECTS FOR THE FUTUREAN INCREASE IN STEEL IMPORT TARIFFS IN THE USA TO 50% SHOULD PROMPT THE EU COMMISSION TO ACCELERATE ITS EFFORT...Reuters
Mon, Jun 2
