News
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Mexico's Ebrard expects review of trilateral trade pact to kick off this year
MEXICO CITY, May 12 (Reuters) - Mexican Economy Minister Marcelo Ebrard said on Monday that he expects the review of the trilateral USMCA trade pact between the U.S., Canada and Mexico to kick off in the second half of this year, he said during in event on Monday.Reuters
Mon, May 12
Sailing-Wingsail issue fixed ahead of New York SailGP
May 12 (Reuters) - Repairs and upgrades to all 12 wingsails on the F50 catamarans will be completed in time for the New York Sail Grand Prix, SailGP said on Monday.SailGP cancelled its Rio event last month due to a wingsail defect which was identified after the Australian boat's wing collapsed i...Reuters
Mon, May 12
France accuses enemies of spreading fake news after 'cocaine bag' claims
By Michel Rose and Andreas Rinke PARIS, May 12 (Reuters) - President Emmanuel Macron's office has accused France's enemies of spreading fake news by suggesting that he and other European leaders had taken drugs on a train during a visit to Kyiv.Video footage published online showed Macron...Reuters
Mon, May 12
AEP Transmission Company Files For Offering Of Senior Notes, Series R Size Not Disclosed
May 12 (Reuters) - American Electric Power Company Inc AEP.O:AEP TRANSMISSION COMPANY LLC: FILES FOR OFFERING OF SENIOR NOTES, SERIES R; SIZE NOT DISCLOSED - SEC FILINGSource text: [ID:n0001702494-25-000004]Reuters
Mon, May 12
Iran warns Europeans that reimposing sanctions could have irreversible consequences
Fourth round of Iran-US nuclear talks concluded Sunday Europeans can reimpose UN sanctions by mid-OctoberIran-Europe ties strained by nuclear issues and UkraineBy John Irish PARIS, May 12 (Reuters) - Iran's foreign minister warned Britain, France and Germany on Monday that a decision to trigg...Reuters
Mon, May 12
TREASURIES-Yields rise as US/China trade deal punishes safe-havens
US and China agree to lower trade tariffs during 90-day pauseTreasury yields rise amid investor shift to risk assetsMarkets see no Fed rate cut until SeptemberBy Tatiana Bautzer and Amanda Cooper NEW YORK/LONDON, May 12 (Reuters) - U.S. Treasury yields rose on Monday to the highest levels in a mo...Reuters
Mon, May 12
Soccer-Ancelotti to leave Real Madrid and take over Brazil national team
Brazilian FA announce signing ahead of World CupItalian coach to leave Real Madrid after four yearsSpanish outfit have yet to confirm his departureBy Fernando Kallas MADRID, May 12 (Reuters) - Italian Carlo Ancelotti, one of the most decorated managers in world football, will become Brazil co...Reuters
Mon, May 12
Hippo CEO: $50 million surplus note will allow Spinnaker to ‘grow more aggressively’
By Michael LoneyMay 12 - (The Insurer) - Hippo’s CEO has told The Insurer that a new $50 million surplus note will allow its Spinnaker fronting business to grow “aggressively” by supporting existing partners, adding new partners and taking on more underwriting risk on attractive programs.Along with ...Reuters
Mon, May 12
CFOs expect moderate profit outlook and excess capital deployment, survey finds
By Navneeta NandanMay 12 - (The Insurer) - Europe's (re)insurance chief financial officers are increasingly looking to deploy excess capital in 2025 despite a more modest profit outlook, a survey by Moody's Ratings has found. Published on Monday, the survey results showed nearly 80% of the 2...Reuters
Mon, May 12
Aquiline launches TPA and managed care providers platform with trio of boutique firms
By David BullMay 12 - (The Insurer) - Insurance industry-focused PE firm Aquiline has formed a new platform called Avondale Risk to bring together specialist workers’ compensation, liability and managed-care third-party administrators (TPAs) and service providers.In a statement, New York-based Aquil...Reuters
Mon, May 12
Sailing-Wingsail issue fixed ahead of New York SailGP
May 12 (Reuters) - Repairs and upgrades to all 12 wingsails on the F50 catamarans will be completed in time for the New York Sail Grand Prix, SailGP said on Monday.SailGP cancelled its Rio event last month due to a wingsail defect which was identified after the Australian boat's wing collapsed i...Reuters
Mon, May 12
GM hires self-driving company leader as chief product officer
By Kalea Hall DETROIT, May 12 (Reuters) - General Motors GM.N has hired Sterling Anderson, co-founder of self-driving trucking company Aurora, as its executive vice president of global product, the company said Monday. The leader in autonomous vehicle technology, who will report to GM President M...Reuters
Mon, May 12
Trump says he may ease sanctions on Syria
WASHINGTON, May 12 (Reuters) - President Donald Trump said on Monday that he may ease U.S. sanctions on Syria in response to a query from his Turkish counterpart.Syria has struggled to implement conditions set out by Washington for relief from U.S. sanctions, which keep the country cut off from the ...Reuters
Mon, May 12
UK's Starmer, under pressure from Farage, pledges big drop in immigration
Starmer under heavy pressure to slash net migrationUK announces raft of new measures to toughen rulesCare sector will not be able to hire from abroadReform UK's Farage says Starmer is 'hypocrite'By Andrew MacAskill and Sarah Young LONDON, May 11 (Reuters) - Prime Minister Keir Starmer...Reuters
Mon, May 12
Launch Underwriters as adds Sparks as CEO joining Matson as executive chairman
By David BullMay 12 - (The Insurer) - Former MS Transverse duo Dennis Sparks and Erik Matson have reunited as CEO and executive chairman respectively at Launch Underwriters, which describes itself as a “next-generation” MGA platform.Sparks officially started in the position on May 5.According to a s...Reuters
Mon, May 12
As white S.Africans arrive, Trump says S.Africa leaders coming next week
WASHINGTON, May 12 (Reuters) - U.S. President Donald Trump said South Africa's leadership was traveling to see him next week, speaking to reporters at the White House on Monday as the first white South Africans left for the United States under his refugee plan.Reuters
Mon, May 12
Trustco Group Holdings Expects To Publish Its AFS FY 2024 By 30 June 2025
May 12 (Reuters) - Trustco Group Holdings (Pty) Ltd TUC.NM:TRUSTCO GROUP HOLDINGS (PTY) LTD - EXPECTS TO PUBLISH ITS AFS FY 2024 BY 30 JUNE 2025TRUSTCO GROUP HOLDINGS (PTY) LTD - INTENDS TO HOLD ITS ANNUAL GENERAL MEETING BY 31 JULY 2025Reuters
Mon, May 12
