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Trump says he had a productive call with Turkey's Erdogan, visits planned
WASHINGTON, May 5 (Reuters) - U.S. President Donald Trump said he had a productive call with Turkish President Tayyip Erdogan on Monday about topics including the war in Ukraine and issues involving Syria and Gaza.Trump said the Turkish leader will be coming to Washington and Erdogan invited him to ...Reuters
Mon, May 5
REFILE-Stonybrook adds ex-AM Best CEO Mosher as strategic advisor
By Mia MacGregorMay 2 - (The Insurer) – Stonybrook Capital & Risk Management has appointed former AM Best CEO Matt Mosher as a strategic advisor. Mosher joins Stonybrook after nearly three decades at the ratings agency, with his last five years serving as president and CEO. His previous roles at...Reuters
Mon, May 5
Apple's first bond offering in two years headlines busy primary
By Shankar Ramakrishnan May 5 (Reuters) - Apple AAPL.O on Monday announced a four-tranche bond offering, its first in two years, with proceeds expected to be used to repurchase stock, repay outstanding debt among other purposes, according to its SEC filing.The size of the bond offering was not st...Reuters
Mon, May 5
Marsh hires Aon’s Dunn as US construction practice leader following exits
By David BullMay 5 - (The Insurer) – Marsh has announced the appointment of Jim Dunn from Aon as its new U.S. construction practice leader, effectively replacing Rob McDonough in the role, who left to join Aon earlier this year.In a statement Monday coinciding with Riskworld 2025 in Chicago, Marsh s...Reuters
Mon, May 5
US offers $1,000 stipend to encourage migrants to self-deport
Trump trails Biden in deportation numbers, DHS reportsStipend aims to reduce deportation costs, DHS saysAverage deportation costs $17,000, DHS estimatesBy Ted Hesson WASHINGTON, May 5 (Reuters) - The Trump administration will offer a $1,000 stipend and travel assistance to migrants who elect to v...Reuters
Mon, May 5
Flutter Entertainment PLC expected to post earnings of $1.89 a share - Earnings Preview
Flutter Entertainment PLC FLUT.N, FLUT.K is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The New York City-based company is expected to report a 13.0% increase in revenue to $3.839 billion from $3.4 billion a year ago, according t...Reuters
Mon, May 5
Brazilian investor Tanure to name one GPA board member instead of three, source says
By Luciana Magalhaes and Patricia Vilas Boas May 5 (Reuters) - An investment fund controlled by Brazilian investor Nelson Tanure is expected to appoint just one member to the board of retail chain Grupo Pao de Açucar (GPA) at a shareholder meeting on Monday, a source with knowledge of the matter ...Reuters
Mon, May 5
EU's Ribera says Microsoft has committed to abide by European rules
By Pietro Lombardi BARCELONA, May 5 (Reuters) - Microsoft MSFT.O Chairman Brad Smith has told the European Commission his company will abide by European rules regardless of whether it agrees with them or not, the Commission's Vice President Teresa Ribera said on Monday.In a chat with reporter...Reuters
Mon, May 5
Apple hit with app developer class action after US judge’s contempt ruling
By Mike Scarcella May 5 (Reuters) - Apple should return hundreds of millions of dollars to developers who claim the iPhone maker defied a U.S. judge’s order governing its lucrative App Store, causing them to pay inflated commissions for more than a year, a new lawsuit said.App developer Pure Swea...Reuters
Mon, May 5
GM appoints insider Duncan Aldred to lead North America business
May 5 (Reuters) - General Motors GM.N on Monday named insider Duncan Aldred the president of its North America business, effective immediately, days after the automotive manufacturer cut its 2025 profit forecast on concerns over U.S. tariffs.Aldred, who has been with GM for 33 years, was most recent...Reuters
Mon, May 5
Veracity’s Insurance Canopy now offering surety bonds
By Chris MunroMay 5 - (The Insurer) - Insurance Canopy has brought a new surety bond offering to market, with the small business-focused liability specialist distributing the product through its online platform.Pleasant Grove, Utah-based Insurance Canopy, which is part of MGA platform Veracity Insur...Reuters
Mon, May 5
TransAlta Corp expected to post earnings of 12 cents a share - Earnings Preview
TransAlta Corp TA.TO is expected to report resultson May 7 for the period ending March 31 2025LSEG's mean analyst estimate for TransAlta Corp is for earnings of 12 cents per share. The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "...Reuters
Mon, May 5
Netanyahu says new Gaza offensive will be intensive
JERUSALEM, May 5 (Reuters) - Israeli Prime Minister Benjamin Netanyahu said on Monday that a new offensive in Gaza will be an intensive military operation aimed at defeating Hamas, but stopped short of detailing just how much of the enclave's territory would be seized. "Population will be m...Reuters
Mon, May 5
CNA says US P&C rate increases accelerate to 5% in Q1 as overall loss cost trend steady at 6.5%
By David BullMay 5 - (The Insurer) – CNA CEO Doug Worman has provided detailed commentary on pricing across the carrier’s P&C book, with the overall rate increase picking up by a point to 4% and hitting its highest level in six quarters at 5% in the U.S., where said the effect of social inflatio...Reuters
Mon, May 5
Deals of the day-Mergers and acquisitions
May 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday: ** Skechers said it had agreed to be taken private by investment firm 3G Capital in a $9.4 billion deal, at a time when the footwear company grapples wit...Reuters
Mon, May 5
Perma-Fix Environmental Services Inc expected to post a loss of 14 cents a share - Earnings Preview
Perma-Fix Environmental Services Inc PESI.OQ PESI.O is expected to show a rise in quarterly revenue when it reports results on May 7 (estimated) for the period ending March 31 2025The Atlanta Georgia-based company is expected to report a 12.4% increase in revenue to $15.3 million from $13.62 milli...Reuters
Mon, May 5
US issues new Myanmar-related sanctions, Treasury Dept website shows
WASHINGTON, May 5 (Reuters) - The United States on Monday imposed fresh Myanmar-related sanctions, a posting on the Treasury Department's website showed.The sanctions targeted three Myanmar nationals and the Karen National Army organization, the posting said.Reuters
Mon, May 5
MetaVia Inc expected to post a loss of 60 cents a share - Earnings Preview
MetaVia Inc MTVA.OQ MTVA.O is expected to show no change in quarterly revenue when it reports results on May 7 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for MetaVia Inc is for a loss of 60 cents per share. The current average analyst rating on the shares is &#...Reuters
Mon, May 5
