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ANALYSIS-Trump's tariff blitz yields deals but misses global trade fix
U.S.-China tariff truce boosts stocks but doesn't address longstanding complaintsExperts doubt quick resolution of U.S.-China trade issues within 90-day timelineTrump administration negotiating with dozens of countries, stretching resourcesBy Andrea Shalal WASHINGTON, May 13 (Reuters) - D...Reuters
Tue, May 13
Ferma highlights climate and geopolitics as key risk trends
By Rebecca DelaneyMay 12 - (The Insurer) - Climate change, AI, human capital and geopolitical risks are among the medium- to long-term trends with the most potential to disrupt European businesses and society, according to the Federation of European Risk Management Associations (Ferma).Ferma's i...Reuters
Tue, May 13
Iran tells neighbours to stay neutral as Trump in Gulf, says Nournews
DUBAI, May 13 (Reuters) - Iran's neighbours should retain neutrality as U.S. President Donald Trump visits the Gulf, Iran's Nournews quoted the armed forces chief of staff Mohammad Bagheri as saying on Tuesday.Any aggression against Iran would lead to definitive retaliation, he added.Reuters
Tue, May 13
Legacy market could double in size over next decade: IRLA panel
Capital relief transactions shift focus to strategic tail risk managementLegacy market ready to get into the habit of repeatable transactionsUS carriers present significant growth potential for legacy market, says Acrisure Re's RylandBy Michael JonesMay 13 - (The Insurer) - The legacy market is ...Reuters
Tue, May 13
Two Taiwan allies attend Beijing forum as China steps up diplomatic pressure
By Liz Lee and Eduardo BaptistaBEIJING, May 13 (Reuters) - Haiti's foreign minister was one of Taiwan's two diplomatic allies attending a forum on Tuesday in Beijing between China and Latin American and Caribbean countries, as China steps up its pressure campaign against the diplomatically i...Reuters
Tue, May 13
Kim Kardashian to testify in Paris robbery trial
PARIS, May 13 (Reuters) - Reality TV star Kim Kardashian is set to testify on Tuesday afternoon at the trial of a gang accused of robbing her at gunpoint in her Paris hotel room in 2016 and stealing jewellery worth millions of dollars.The suspects are accused of tying up the billionaire celebrity wi...Reuters
Tue, May 13
Conduit Re’s first five years in five charts
By Edward CarronMay 12 - (The Insurer) - Conduit Re passed $1 billion in gross written premiums and posted positive results last year but has seen its share price dive along with a wave of senior exits in early 2025 following higher-than-anticipated California wildfire losses.Shares in the reinsure...Reuters
Tue, May 13
US to cut 'de minimis' tariff on China shipments, bolsters broader trade truce
White House cuts de minimis tariff on China shipments to 54%Tariff reduction follows truce announcement after Geneva talksU.S. de minimis rule criticized for enabling cheap imports and smuggling HONG KONG, May 13 (Reuters) - The United States will cut the low value "de minimis" tariff on ...Reuters
Tue, May 13
Euro zone bond yields hover near one-month highs ahead of data
May 13 (Reuters) - Euro zone bond yields hovered near one-month highs on Tuesday as investors pared back bets on interest rate cuts by the European Central Bank after a faster-than-expected de-escalation in U.S.-China trade war eased worries about a sharp global slowdown.Germany's 10-year yield ...Reuters
Tue, May 13
Hannover Re P&C combined ratio deteriorates to 93.9% as large losses bite
Large losses of 765 million euros in P&C exceed Q1 budgetCalifornia wildfire exposure estimated at 631 million eurosP&C reinsurance revenue grows by 7.2% in Q1Return on investment reaches 3.5%Guidance for 2025 confirmed despite costly large lossesBy Ryan HewlettMay 13 - (The Insurer) - Hanno...Reuters
Tue, May 13
Asia Pacific trade envoys to discuss multilateral cooperation in tariff era
APEC trade ministers to gather amid worries over protectionismMost member economies targeted by Trump's tariffsU.S. to hold bilateral talks, at least with South KoreaBy Jihoon Lee SEOUL, May 13 (Reuters) - Asia-Pacific trade envoys will gather this week in South Korea for discussions on multi...Reuters
Tue, May 13
Australia's conservative Liberal party elect first woman leader after election loss
Australia's governor-general swears in PM, ministers Largest centre-left Labor government since federation Opposition conservative Liberal Party elects first woman leaderBy Kirsty Needham SYDNEY, May 13 (Reuters) - Australia's conservative Liberal Party elected Sussan Ley, a former outbac...Reuters
Tue, May 13
US-China talks resulted in mechanism to avoid escalation, US Treasury secretary said
DUBAI, May 13 (Reuters) - The trade talks between the U.S. and China in Geneva have resulted in a mechanism to avoid escalation, U.S. Treasury Secretary Scott Bessent said on Tuesday in Riyadh. The U.S. does not want a generalised decoupling between the two largest economies in the world, he sai...Reuters
Tue, May 13
Touchstone Exploration's Unit Announces Amended Loan Agreement For Acquisition
May 13 (Reuters) - Touchstone Exploration Inc TXP.TO:TOUCHSTONE EXPLRTN. - AMENDED LOAN AGREEMENT TO SUPPORT ACQUISITIONTOUCHSTONE EXPLORATION INC - UNIT ANNOUNCES AMENDED LOAN AGREEMENT FOR ACQUISITIONTOUCHSTONE EXPLORATION INC - AMENDMENT INCLUDES $30 MILLION SIX-YEAR NON-REVOLVING TERM LOAN FACI...Reuters
Tue, May 13
Galapagos Announces Strategic Update On Proposed Separation, Leadership Transition, Board Changes
May 13 (Reuters) - Galapagos NV GLPG.AS:GALAPAGOS ANNOUNCES STRATEGIC UPDATE ON PROPOSED SEPARATION, EXECUTIVE LEADERSHIP TRANSITION AND BOARD CHANGESTO EXPLORE STRATEGIC ALTERNATIVES FOR EXISTING BUSINESSESTO RE-EVALUATE SEPARATION PLAN DUE TO MARKET DEVELOPMENTSHENRY GOSEBRUCH APPOINTED AS CEO OF ...Reuters
Tue, May 13
China says fentanyl issue is responsibility of the United States
BEIJING, May 13 (Reuters) - The responsibility of tackling the fentanyl issue in the United States lies within the U.S. itself, China's foreign ministry said on Tuesday, rejecting the punitive tariffs Washington imposed on Beijing for not stemming the inflow.China has repeatedly said fentanyl is...Reuters
Tue, May 13
