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McGavick returns to industry as AI platform chairman
By Rebecca DelaneyMay 13 - (The Insurer) - Former XL Group CEO Mike McGavick has returned to the insurance industry as chairman and strategic advisor of Mea Platform, an AI solution aimed at insurance transactions.McGavick is the former CEO of XL Group (now Axa XL) and former chairman, president and...Reuters
Tue, May 13
Saudi Arabia's AviLease places order for up to 30 Boeing 737 MAX jets
May 13 (Reuters) - An aircraft leasing firm owned by Saudi Arabia's sovereign wealth fund has placed an order for up to 30 Boeing BA.N 737 MAX jets, the U.S. planemaker said on Tuesday.AviLease, owned by the Public Investment Fund (PIF), has placed a firm purchase order for 20 737-8 jets, wi...Reuters
Tue, May 13
Russia expects direct contact with Ukrainian delegation in Istanbul, TASS reports
MOSCOW, May 13 (Reuters) - Russia expects direct contact between the Russian and Ukrainian delegations during talks in Istanbul on May 15, Russian deputy foreign minister Sergei Ryabkov said on Tuesday, according to state news agency TASS.Ryabkov previously said that Russia was ready for serious tal...Reuters
Tue, May 13
QUOTES-Kim Kardashian gives evidence in Paris jewel heist trial
PARIS, May 13 (Reuters) - Celebrity billionaire Kim Kardashian gave evidence on Tuesday in the trial of a gang dubbed the "grandpa robbers", who are accused of stealing jewellery worth millions of euros from her at gunpoint during Paris Fashion Week in 2016.Here is what she told the court, a...Reuters
Tue, May 13
Maiden to book up to $17.9 million on USQRisk sale
By Chris MunroMay 13 - (The Insurer) - Maiden Holdings could receive up to $17.9 million from its USQRisk investment following the latter's acquisition by Ryan Specialty, CEO Patrick Haveron said in Maiden's Q1 2025 earnings print.The Bermuda-based business also confirmed that its tie-up wit...Reuters
Tue, May 13
Global Eggs completes acquisition in the U.S., closes new deal in Europe
By Luciana MagalhaesSAO PAULO, May 13 (Reuters) - Global Eggs, a group controlled by Brazilian entrepreneur Ricardo Faria, has completed its $1.1 billion acquisition of U.S. egg producer Hillandale Farms, just weeks after closing a new deal in Europe, Faria told Reuters on Tuesday.Reuters
Tue, May 13
Soccer-Everton's women's team to make Goodison Park their permanent home
May 13 (Reuters) - Everton's women's team will become permanent residents at Goodison Park, which will host the men's side's final Premier League game there on Sunday after 133 years at the ground before they move to a new stadium, the club announced on Tuesday.The decision follows a...Reuters
Tue, May 13
US certifies Cuba as "not fully cooperating country"
May 13 (Reuters) - The U.S. State Department said on Tuesday that Cuba did not fully cooperate with U.S. counterterrorism efforts in 2024 and should be certified as a "not fully cooperating country." The State Department said in statement that there are at least 11 U.S. fugitives in Cuba, in...Reuters
Tue, May 13
UK sets high 5.375% coupon for new long-dated gilt
By David MillikenLONDON, May 13 (Reuters) - The United Kingdom Debt Management Office set a high coupon of 5.375% on Tuesday for a new 30-year government bond which it plans to launch via syndication next week.The coupon of the January 2056 gilt will be the highest of any long-dated British governme...Reuters
Tue, May 13
Hiscox 33 shows modest improvement in latest 2023 YoA forecast
By Scott VincentMay 13 - (The Insurer) - Hiscox Syndicate 33 has seen a 0.9 percentage point improvement in the midpoint of its forecast range for the 2023 year of account.In its latest quarterly update, the syndicate said it expects to return a profit of 11.3% to 21.3% of its 1.699 billion pound ca...Reuters
Tue, May 13
Measles cases in Texas rise to 717, state health department says
May 13 (Reuters) - The Texas health department on Tuesday reported 717 cases of measles in the state, an increase of eight cases since its last update, as the U.S. battles one of the worst outbreaks of the childhood disease in the country.Reuters
Tue, May 13
Kim Kardashian tells accused in Paris jewel heist that she forgives him
'I absolutely thought I was going to die' Kardashian tells courtGang accused of stealing jewels including $4 million ring'She was beside herself' Kardashian stylist testifiesLetter of apology from suspected ringleader read in courtBy Juliette Jabkhiro and Lucien Libert PARIS, May ...Reuters
Tue, May 13
Olympics-Hollywood Park Studios to serve as broadcast hub for LA Olympics
By Rory Carroll LOS ANGELES, May 13 (Reuters) - A film studio and production facility set to be built in Inglewood by Rams owner Stan Kroenke will host international broadcasters of the 2028 Olympic and Paralympic Games in Los Angeles, Hollywood Park said on Tuesday. Hollywood Park Studios (HPS) ...Reuters
Tue, May 13
Boeing deliveries nearly double in April
Boeing delivered 45 jets in April, nearly double from last yearBoeing's April deliveries mark fourth month over 40 jetsBoeing trails Airbus in deliveries and new ordersBy Dan Catchpole SEATTLE, May 13 (Reuters) - Boeing BA.N said on Tuesday it delivered 45 commercial jets in April, nearly twi...Reuters
Tue, May 13
Auto File: Nissan’s grim tidings, again
May 13 (Reuters) - By Nick Carey, European Autos Correspondent Greetings from London! It didn’t take all that long to find out what impact President Donald Trump’s tariffs have had on U.S. car prices. The average car price after discounts and promotions in April was up 2.5% versus March...Reuters
Tue, May 13
NY Fed: Student loan borrowing trouble surged in first quarter
NY Fed says troubled student loans surged in first quarterSurge in student troubles not a surprise given return to required paymentsNY Fed researchers see aggregate household credit as solid By Michael S. Derby May 13 (Reuters) - U.S. student loan borrowers ran into trouble during the first quart...Reuters
Tue, May 13
Taysha Gene Therapies Inc expected to post a loss of 9 cents a share - Earnings Preview
Taysha Gene Therapies Inc TSHA.OQ TSHA.O is expected to show a fall in quarterly revenue when it reports results on May 15 for the period ending March 31 2025The Dallas Texas-based company is expected to report a 50.0% decrease in revenue to $1.705 million from $3.41 million a year ago, according ...Reuters
Tue, May 13
