News
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McDonald's to offer discounted combo meals, WSJ reports
Aug 20 (Reuters) - McDonald's MCD.N and its franchisees agreed to discount eight popular combo meal offerings by 15%, and offer $5 and $8 specials, the Wall Street Journal reported on Wednesday, as restaurants look to attract diners worn down by economic woes.The move follows weeks of discussion...Reuters
Wed, Aug 20
Citi Spokesperson On Bloomberg Report Says "We Look Forward To Andy Continuing To Drive Strong Business Performance”
Aug 20 (Reuters) - Citigroup Inc C.N:CITI SPOKESPERSON MARK COSTIGLIO ON BLOOMBERG REPORT SAYS "WE LOOK FORWARD TO ANDY CONTINUING TO DRIVE STRONG BUSINESS PERFORMANCE” - STATEMENT TO REUTERSReuters
Wed, Aug 20
Recommended Retail Price For PlayStation 5 Consoles In U.S. To Increase- Blog
Aug 20 (Reuters) - Playstation:PLAYSTATION: TO INCREASE RECOMMENDED RETAIL PRICE FOR PLAYSTATION 5 CONSOLES IN U.S. STARTING ON AUG 21 - BLOGPLAYSTATION: RECOMMENDED RETAIL PRICE IN U.S. FOR PLAYSTATION 5 IS $549.99, PLAYSTATION 5 DIGITAL EDITION IS $499.99, PLAYSTATION 5 PRO $749.99Reuters
Wed, Aug 20
Uganda has not agreed to take deportees from US, senior official says
KAMPALA, Aug 20 (Reuters) - A senior Ugandan official denied on Wednesday a U.S. media report that the country had agreed to take in people deported from the United States, saying it lacked the facilities to accommodate them.Citing internal U.S. government documents, CBS News reported on Tuesday tha...Reuters
Wed, Aug 20
MSM North America signs contract with US Army for $632 million
Aug 20 (Reuters) - MSM North America, a subsidiary of Czechoslovak Group, signed a contract worth up to $632 million with the U.S. Army to build a factory for filling large-caliber ammunition, the company said in a statement on Wednesday.The contract is for the Future Artillery Complex (FAC) to be b...Reuters
Wed, Aug 20
Brown & Riding appoints Southwest Risk's Root as property VP
By Navneeta NandanAug 20 - (The Insurer) - Wholesale insurance brokerage Brown & Riding has appointed Lauren Root as vice president for its national property practice unit.She will be based in the Houston office.Root, who was previously at Southwest Risk for more than six years, specialises in p...Reuters
Wed, Aug 20
S&P upgrades Hartford to AA-minus on improved underwriting performance
By Navneeta NandanAug 20 - (The Insurer) - S&P Global Ratings has raised the financial strength rating (FSR) and issuer credit ratings of Hartford Insurance Group and its core subsidiaries to AA-minus from A-plus, citing an improvement in its underwriting performance, driven by strong underwriti...Reuters
Wed, Aug 20
Progressive premiums rise 11% in July, combined ratio improves
By Ashish TiwariAug 20 - (The Insurer) - Progressive said on Wednesday that its net premiums written increased 11% to $7.06 billion in July 2025, with continued growth across its personal lines auto and property segments.The insurer’s combined ratio improved by 2.7 percentage points year on year to ...Reuters
Wed, Aug 20
Israel to place $500 million, US-funded order for Boeing aerial refuelling tankers
TEL AVIV, Aug 20 (Reuters) - Israel plans to buy two Boeing-made KC-46 military aerial refuelling tankers in a $500 million deal to be financed with U.S. military aid, the Israeli defence ministry said on Wednesday.It said it would sign the contract with the U.S. government once an Israeli ministeri...Reuters
Wed, Aug 20
Delaware Chancery holds off on Marsh's TRO request against Howden, defers to New York
By Isha MaratheAug 20 - (The Insurer) - A Delaware vice chancellor said on Tuesday that Marsh's request for a temporary restraining order against Howden for the alleged poaching of over 140 Florida zone employees would be suspended until the Southern District of New York holds its scheduled hea...Reuters
Wed, Aug 20
European reinsurers report record 21.1% return on equity in H1 2025: Fitch
By Ashish TiwariAug 20 - (The Insurer) - The four largest European reinsurers reported a record average return on equity of 21.1% in the first half of 2025, according to Fitch Ratings, even though revenue growth lagged and the reinsurance cycle showed signs of turning.The average ROE for Munich Re, ...Reuters
Wed, Aug 20
Russia is again provoking NATO countries, says Polish minister
WARSAW, Aug 20 (Reuters) - Russia is again provoking NATO countries, Polish Defence Minister Wladyslaw Kosiniak-Kamysz said on Wednesday, after an official said the object that landed overnight in a cornfield in eastern Poland may have been a Russian version of the Shahed drone."Once again, we a...Reuters
Wed, Aug 20
Syrian minister met Israel's Dermer for talks on regional stability, sources say
BEIRUT, Aug 20 (Reuters) - Syria's foreign minister met Israel's Strategic Affairs Minister Ron Dermer in Paris on Tuesday to discuss security arrangements in southern Syria, two Syrian sources familiar with the meeting said.Syrian and Israeli officials have been conducting U.S.-mediated tal...Reuters
Wed, Aug 20
Mississippi Supreme Court election map dilutes Black voters' power, judge rules
By Nate Raymond Aug 20 (Reuters) - A federal judge has ordered Mississippi to redraw its election map used in voting for state supreme court justices after finding the current one dilutes the power of Black voters in violation of a landmark federal voting rights law.U.S. District Judge Sharion Ay...Reuters
Wed, Aug 20
Intel in talks with large investors for equity boost at discount, CNBC reports
Aug 20 (Reuters) - Intel INTC.O is in talks with other large investors to receive an equity infusion at a discounted price, CNBC reported on Wednesday, just days after the chipmaker got a $2 billion capital injection from SoftBank Group 9984.T.Reuters
Wed, Aug 20
Porsche-backed Group14 closes new funding, takes control of JV's battery material plant
Aug 20 (Reuters) - Group14 Technologies said on Wednesday it had raised $463 million in its latest financing round led by South Korean investment firm SK 034730.KS, as the silicon-based battery material startup aims to scale up production.The startup said it also acquired the remaining 75% stake in ...Reuters
Wed, Aug 20
US issues fresh International Criminal Court-related sanctions
WASHINGTON, Aug 20 (Reuters) - The United States has added four people associated with the International Criminal Court to its special designated nationals sanctions list, a Treasury Department website showed on Wednesday. An International Criminal Court-related general license "authorizing the ...Reuters
Wed, Aug 20
