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Origin Specialty unveils monoline quick-service restaurant property program
By Chris MunroMay 1 - (The Insurer) - Origin Specialty Underwriters has launched an exclusive property program targeted at quick-service restaurants, with the offering backed by capacity from a non-admitted A-rated carrier.The monoline property program offers limits of up to $5 million total insured...Reuters
Thu, May 1
Allstate's Q1 combined ratio deteriorates for property-liability and homeowners lines, improves for auto
Q1 combined ratio down 4.4 percentage points in property-liabilityQ1 combined ratio down 30 percentage points in homeownersQ1 combined ratio up 4.7 percentage points to 91.3% in autoAdjusted net income of $949 million, or $3.53 per diluted share, ahead of consensus of $2.52By Isha MaratheMay 1 - (T...Reuters
Thu, May 1
Rio Tinto says 19.35% of shareholders voted for dual-listing review
MELBOURNE, May 1 (Reuters) - Rio Tinto RIO.AX, RIO.L said on Thursday that 19.35% of its shareholders had voted for a review of the company's dual-listed structure.Under UK regulations, a vote of 20% or more would have required the company to consult more widely with shareholders.Activist invest...Reuters
Thu, May 1
Ukraine international bonds rally after Kyiv and Washington sign minerals deal
LONDON, May 1 (Reuters) - Ukraine's international debt rallied more than 1 cent on Thursday after Kyiv and Washington signed a deal that will give the United States preferential access to minerals in the country and fund investment reconstruction. The 2036 bond gained 1.1 cents in the dollar to ...Reuters
Thu, May 1
South Korea's Lee Jae-myung says top court's ruling completely unexpected
SEOUL, May 1 (Reuters) - South Korea's presidential frontrunner Lee Jae-myung said on Thursday that the Supreme Court's ruling to overturn his not guilty verdict in a criminal case was "completely different" from the ruling he had expected.Lee also told reporters he would do whatever...Reuters
Thu, May 1
PRESS DIGEST- Wall Street Journal - May 1
May 1 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Tesla TSLA.O board members had reached out about a month ago to several executive search firms to look for a successor for CEO Elon Musk...Reuters
Thu, May 1
Science Group calls meeting of Ricardo investors to oust chairman
May 1 (Reuters) - Science Group SAGS.L on Thursday said that it has requisitioned a general meeting of shareholders at Ricardo RCDO.L to propose the removal of its Chairman Mark Clare, ramping up calls for change at the British consulting firm.The UK-based science and technology consultancy firm, wh...Reuters
Thu, May 1
South Korea acting leader Han resigns ahead of expected presidential run
SEOUL, May 1 (Reuters) - South Korea's acting leader Han Duck-soo resigned on Thursday ahead of an expected run for president in the country's snap election on June 3.Finance Minister Choi Sang-mok is seen standing in as acting president as required by law.Reuters
Thu, May 1
Bank Of New York Mellon Corporation Obtains Regional Headquarters License In Saudi Arabia
May 1 (Reuters) - BANK OF NEW YORK MELLON CORP BK.N:BANK OF NEW YORK MELLON CORPORATION - GRANTED REGIONAL HEADQUARTERS LICENSE BY MINISTRY OF INVESTMENTS IN SAUDI ARABIABNY- RHQ IN RIYADH WILL PROVIDE STRATEGIC, ADMINISTRATIVE AND CORPORATE SERVICES FOR BNY IN MIDDLE EASTReuters
Thu, May 1
Russia's Medvedev says Ukraine minerals deal means Trump has forced Kyiv to pay for US aid
MOSCOW, May 1 (Reuters) - Russian security official Dmitry Medvedev said on Thursday that the signing of a minerals deal between Ukraine and the United States meant U.S. President Donald Trump had finally forced Kyiv to pay for U.S. aid."Now they will have to pay for military supplies with the n...Reuters
Thu, May 1
Synthomer Says Q1 2025 Continuing Group Ebitda & Margin Ahead Of Q1 2024
May 1 (Reuters) - Synthomer PLC SYNTS.L:TRADING STATEMENT - SPRING 2025NO CHANGE TO OUR PREVIOUSLY STATED EXPECTATION OF FURTHER EARNINGS PROGRESS IN 2025Q1 2025 CONTINUING GROUP EBITDA & MARGIN AHEAD OF Q1 2024FOCUSED ON COST AND CASH SELF-HELP PROGRAMMESMANUFACTURING STRATEGY MITIGATES EXPOSUR...Reuters
Thu, May 1
BREAKINGVIEWS-CK Hutchison deal is test of Chinese hospitality: podcast
By Aimee Donnellan, Una Galani LONDON/HONG KONG, May 1 (Reuters Breakingviews) - Follow on Appleor Spotify. Listen on the Reuters app. Read the episode transcript. Listen to the podcast The Li clan is facing political hurdles as it tries to offload the docks business to B...Reuters
Thu, May 1
Reach Says On Track To Meet Full Year Market Expectations
May 1 (Reuters) - Reach PLC RCH.L:REACH PLC - REACH PLC - TRADING UPDATEREACH PLC - ON TRACK TO MEET FULL YEAR MARKET EXPECTATIONSREACH PLC - DIGITAL REVENUE INCREASES 1.6% IN Q1REACH PLC - GROUP REVENUE DECREASES 3.7% YEAR-ON-YEAR IN Q1REACH PLC - CONFIDENT IN 4-5% OPERATING COST REDUCTIONREACH : ...Reuters
Thu, May 1
Science Group calls meeting of Ricardo shareholders to oust chairman
May 1 (Reuters) - Science Group SAGS.L on Thursday said that it has requisitioned a general meeting of shareholders at Ricardo RCDO.L to propose the removal of its Chairman Mark Clare, ramping up calls for change at the British consulting firm.Reuters
Thu, May 1
