News
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IGM Financial Announces April 2025 Assets Under Management & Advisement And Net Flows
May 5 (Reuters) - IGM Financial Inc IGM.TO:IGM FINANCIAL INC. ANNOUNCES APRIL 2025 ASSETS UNDER MANAGEMENT & ADVISEMENT AND NET FLOWSIGM FINANCIAL INC - REPORTS $269.5 BILLION ASSETS UNDER MANAGEMENT AT APRIL 30IGM FINANCIAL INC - REPORTS $430 MILLION NET OUTFLOWS IN APRILReuters
Mon, May 5
Citigroup CEO says most clients can absorb 10% tariffs
NEW YORK, May 5 (Reuters) - Citigroup C.N CEO Jane Fraser said on Monday most of the bank's clients could absorb U.S. tariffs of 10% the nation's trading partners, but cautioned companies are waiting on investments and hiring until there is more economic clarity."If it is 10%, most of th...Reuters
Mon, May 5
Etoro Group Sees U.S. IPO Of 10 Million Class A Common Shares
May 5 (Reuters) - Etoro Group Ltd: ETORO GROUP LTD - ANTICIPATE THAT THE INITIAL PUBLIC OFFERING PRICE WILL BE BETWEEN $46.00 AND $50.00 PER CLASS A COMMON SHAREETORO GROUP LTD: SEES U.S. IPO OF 10 MILLION CLASS A COMMON SHARES - SEC FILINGETORO GROUP LTD - CO OFFERING 5 MILLION CLASS A COMMON SHAR...Reuters
Mon, May 5
YPF, Israel's XtraLit to develop direct lithium extraction projects in Argentina
May 5 (Reuters) - Argentina's state energy company YPF YPFDm.BA on Monday said it is partnering with Israel-based firm XtraLit to jointly develop direct lithium extraction (DLE) projects in the South American country.Lithium demand has been surging globally, driven by lithium-ion batteries' ...Reuters
Mon, May 5
Shell Says Colette Hirstius To Be President Of Shell USA
May 5 (Reuters) - Shell PLC SHEL.L:SHELL EVP GULF OF AMERICA APPOINTED PRESIDENT, SHELL USASHELL PLC: COLETTE HIRSTIUS WILL TAKE ON RESPONSIBILITY OF PRESIDENT, SHELL USASHELL PLC: GRETCHEN WATKINS, PRESIDENT, SHELL USA WILL STEP DOWN, EFFECTIVE JULY 31, 2025Reuters
Mon, May 5
Apple will appeal contempt ruling in Epic Games case over App Store
By Mike Scarcella May 5 (Reuters) - Apple AAPL.O on Monday lodged an appeal to challenge a U.S. judge’s ruling that ordered the tech company to immediately open its lucrative App Store to more competition.Apple in a court notice said it will ask the San Francisco-based 9th U.S. Circuit Court of A...Reuters
Mon, May 5
Berkshire's Brooks Running committed to southeast Asia as tariffs take hold
Vietnam, Indonesia produce Brooks running shoesCEO 'a bit shocked' by Trump's tariffsCEO says people keep running amid economic uncertaintyBy Jonathan Stempel OMAHA, Nebraska, May 5 (Reuters) - Brooks Running, which is owned by Warren Buffett's Berkshire Hathaway BRKa.N, is commit...Reuters
Mon, May 5
Insurance industry icon Hank Greenberg turns 100
By David BullMay 5 - (The Insurer) - Iconic industry leader and CV Starr honorary chairman Maurice “Hank” Greenberg turned 100 yesterday.Greenberg maintains a legendary status within the industry for building AIG as its CEO into the most powerful insurance company in the world over a four-decade car...Reuters
Mon, May 5
Kemah gets Builders capacity for new property D&F program
By Chris MunroMay 2 - (The Insurer) - Builders is providing its AM Best A capacity to Kemah Capital for a new direct and facultative (D&F) property program that the MGA has brought to market.In a statement confirming the launch to Program Manager, the companies said the new program offers D&...Reuters
Mon, May 5
TransRe finds 2025 and 2026 public D&O outlook 'unprofitable'
By Isha MaratheMay 2 - (The Insurer) - The U.S. public D&O market is not seeing upward momentum, with insurers currently "fighting for flat" but losing, the 2025 Insurance Market Update from TransRe found, as the reinsurer pushes for "immediate (and) significant price rises."Tra...Reuters
Mon, May 5
Norway fund urged by union to divest from companies aiding Israel in occupied territories
Norway's fund is world's largest sovereign wealth fundHas been a focus for divestment campaignersOne company excluded, one more under considerationWatchdog's review has cleared most companiesBy Gwladys Fouche OSLO, May 5 (Reuters) - Norway's $1.8 trillion wealth fund should divest...Reuters
Mon, May 5
Aemetis Inc expected to post a loss of 42 cents a share - Earnings Preview
Aemetis Inc AMTX.OQ AMTX.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Cupertino California-based company is expected to report a 18.8% decrease in revenue to $58.946 million from $72.63 million a year ago, according to th...Reuters
Mon, May 5
