News
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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
Iran's foreign ministry spokesperson says Iran has seen no change in US position on sanctions yet
Dubai, June 2 (Reuters) - Iran's foreign ministry spokesperson Esmaeil Baghaei said on Monday that Iran will have to see if there are changes in the U.S. position regarding sanctions, "which we have not seen so far".The U.S. should be clear how sanctions would be lifted to guarantee past...Reuters
Mon, Jun 2
Exclusive: Gallagher Re names Lyon to lead Gallagher Securities UK
By Rebecca DelaneyJune 2 - (The Insurer) - Gallagher Re has appointed Ben Lyon as CEO of Gallagher Securities Limited and head of capital advisory, the reinsurance broker has confirmed to The Insurer. Lyon succeeds Brian Shea as CEO of Gallagher Securities in the UK. Shea, who has held the role sinc...Reuters
Mon, Jun 2
Exclusive: Hive enters space market with Kenneally hire
By Ryan HewlettJune 2 - (The Insurer) - Hive Underwriters has continued its expansion into a multiline specialty MGA with the launch of a space insurance offering led by Jack Kenneally, the company has confirmed to The Insurer. Kenneally will join the London-headquartered Lloyd’s coverholder after c...Reuters
Mon, Jun 2
Fidelis sponsors $90 million cat bond in latest Herbie Re issuance
By Michael LoneyJune 2 - (The Insurer) - Fidelis Insurance Holdings Limited has closed a new catastrophe bond through the issuance of the Series 2025-1 notes by its Herbie Re Ltd program.The transaction is the seventh series of notes issued by Herbie Re and will provide Fidelis Insurance Group with ...Reuters
Mon, Jun 2
Tiernan hails 'generational opportunity' of Lloyd's in first day as CEO
By Rebecca DelaneyJune 2 - (The Insurer) - Newly installed Lloyd's CEO Patrick Tiernan said on Monday that he has "big dreams" for the market, while also underlining areas of continuity from his predecessor across underwriting discipline, culture and principles-based oversight.In a Linke...Reuters
Mon, Jun 2
Vietnam Airlines to finalise order for 50 Boeing 737 MAX jets 'very soon', executive says
NEW DELHI, June 2 (Reuters) - Flag carrier Vietnam Airlines HVN.HM will "very soon" finalise a provisional order for 50 Boeing BA.N 737 MAX jets that it made in 2023, a company executive told Reuters on Monday. The carrier will need up to 100 new narrow-body aircraft by 2035 to expand operat...Reuters
Mon, Jun 2
Euro zone yields edge higher as investors eye ECB cut, tariff news
LONDON, June 2 (Reuters) - Longer-dated euro zone bond yields edged higher on Monday as traders braced for a widely expected ECB rate cut later this week, while they remained sensitive to tariff headlines. The European Central Bank is tipped to cut its key rate to 2% on Thursday, its eighth move thi...Reuters
Mon, Jun 2
Man attacks Colorado crowd with firebombs, 8 people injured
FBI director calls attack a targeted act of terrorBoulder police say 8 people injured after man threw firebombsUniversity student says she saw 4 women on ground with burnsAttack comes shortly after fatal shooting in Washington of 2 Israeli embassy workersBy Jasper Ward, Kristina Cooke and Mark Makel...Reuters
Mon, Jun 2
TP ICAP partners with nine global banks to back new bond platform
LONDON, June 2 (Reuters) - Britain's TP ICAP TCAPI.L has partnered with nine big investment banks to create a dealer-to-client credit business, the interdealer broker said on Monday.TP ICAP has bought Neptune Networks, a financial data company co-owned by the banks, and will combine it with Liqu...Reuters
Mon, Jun 2
Ethiopian Airlines considering order for 20-30 regional jets, CEO says
NEW DELHI, June 2 (Reuters) - Ethiopian Airlines is looking to order at least 20 to 30 jets that could seat around 100 passengers as it moves to expand its regional fleet and replace some ageing aircraft, the airline's chief executive told Reuters on Monday."On the 100-seater aircraft catego...Reuters
Mon, Jun 2
TIMELINE-How Trump's trade war is upending the global economy
June 2 (Reuters) - U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy.Here is a timeline of the major developments: February 1 - Trump imposes 25% tariffs on Mexican and mo...Reuters
Mon, Jun 2
Fitch: Premium rate hikes better position US P&C sector for hurricane season
By Isha MaratheJune 2 - (The Insurer) - U.S. P&C premium rate increases, surplus growth and legislative changes in Florida will better position (re)insurers to withstand the 2025 hurricane season and other potentially extreme catastrophic losses, Fitch Ratings has said.Storm activity during the...Reuters
Mon, Jun 2
Ukrainian delegation arrives in Istanbul for Russia talks
ISTANBUL, June 2 (Reuters) - A Ukrainian delegation has arrived in Istanbul for talks with Russian officials and their meeting is planned for Monday afternoon, the spokesperson for Ukraine's foreign ministry said.The two sides are set to hold their second round of direct peace talks since 2022, ...Reuters
Mon, Jun 2
NEWSMAKER-Who is Poland's next president Karol Nawrocki?
New Polish president supports military aid for UkraineKarol Nawrocki wins 50.89% of the vote in second roundNawrocki cultivates tough-guy imageBy Anna Wlodarczak-Semczuk and Justyna Pawlak WARSAW, June 2 (Reuters) - Karol Nawrocki, the conservative historian who won Poland's presidential elec...Reuters
Mon, Jun 2
Indivior Announces Intent To Cancel LSE Listing
June 2 (Reuters) - Indivior PLC INDV.L:INDIVIOR PLC - INDIVIOR ANNOUNCES INTENT TO CANCEL LSE LISTINGINDIVIOR PLC: PRIMARY LISTING ON NASDAQ TO BE MAINTAINEDINDIVIOR PLC - REQUESTS FCA AND LSE TO CANCEL LISTING AND TRADINGINDIVIOR PLC - LONDON DELISTING EFFECTIVE FROM JULY 25, 2025Reuters
Mon, Jun 2
