News
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Ford's China business made $900 million last year
By Nora EckertDETROIT, April 16 (Reuters) - Ford Motor's F.N China business, including exports from the country, made $900 million in earnings before interest and taxes last year, one of the automaker's top executives said Wednesday.John Lawler, Ford's vice chair and former chief financi...Reuters
Wed, Apr 16
Mexico president sends diplomatic memo to US on border security collaboration
MEXICO CITY, April 16 (Reuters) - Mexican President Claudia Sheinbaum said on Wednesday that she had sent a diplomatic memo to the United States about security collaboration at the two countries' shared border. A day earlier, the U.S. government announced an emergency transfer of nearly 110,000...Reuters
Wed, Apr 16
AP accuses Trump White House of defying court order restoring access
WASHINGTON, April 16 (Reuters) - The Associated Press accused aides to President Donald Trump of defying a court order restoring its access to press events in the White House after a judge found the news agency had faced unlawful retaliation.In a court filing on Wednesday, lawyers for the AP accused...Reuters
Wed, Apr 16
US judge blocks Energy Department from slashing federal research funding
BOSTON, April 16 (Reuters) - A federal judge temporarily blocked U.S. President Donald Trump's administration from carrying out steep cuts to federal research funding provided to universities by the U.S. Department of Energy.U.S. District Judge Allison Burroughs in Boston issued a temporary rest...Reuters
Wed, Apr 16
Progressive’s combined ratio flat at 86% in Q1
By Michael LoneyApril 16 - (The Insurer) - U.S. personal lines insurer Progressive has reported its combined ratio was essentially flat at 86.0% in the first quarter, while net premiums written increased 17% to $22.21 billion.The Q1 combined ratio was a slight improvement on the 86.1% in the first q...Reuters
Wed, Apr 16
Games-Commonwealth jackpot as seven nations battle for future Games
Countries vie to host centenary 2030 Commonwealth GamesNew Zealand eyes 2034 Games amid global interestNew hosting framework aims for reduced costs, flexibilityBy Ossian Shine LONDON, April 16 - Commonwealth sport has hit the jackpot with seven nations across four continents jostling to host futu...Reuters
Wed, Apr 16
Deals of the day-Mergers and acquisitions
April 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: ** Markel has entered into an agreement to purchase marine MGA the Meco Group Limited, the company said on Wednesday. nL6N3QU0GC ** Lyft ...Reuters
Wed, Apr 16
UAE denies reports it is involved in talks about land offensive in Yemen
DUBAI, April 16 (Reuters) - The United Arab Emirates denied on Wednesday reports that it is involved in talks over a land offensive in Yemen.The denial comes after media reports, including in the Wall Street Journal and Bloomberg, that the U.S. alongside Gulf Arab allies were discussing the matter.Reuters
Wed, Apr 16
Aegis London doubles digital terrorism product capacity to $500 million
By Michael JonesApril 16 - (The Insurer) - Aegis London has doubled the capacity for its digital terrorism product Shield to $500 million, the company said on Wednesday.The product is backed by an Aegis London-led consortium and provides terrorism coverage to U.S. businesses through surplus lines br...Reuters
Wed, Apr 16
Consumer Watchdog sues California’s insurance regulator over FAIR Plan surcharges
By Michael LoneyApril 16 - (The Insurer) - Consumer Watchdog has sued the California Department of Insurance to block insurers from passing assessment costs from the state’s FAIR Plan onto consumers, in a lawsuit the American Property Casualty Insurance Association calls a “reckless and self-serving...Reuters
Wed, Apr 16
Soccer-Man Utd's Amorim places trust in Onana against Lyon, Zirkzee out for season
April 16 (Reuters) - Andre Onana will return in goal for Manchester United's Europa League quarter-final second leg against Olympique Lyonnais despite his errors in the first leg but striker Joshua Zirkzee is out for the season, manager Ruben Amorim said on Wednesday.Lyon snatched a dramatic 2-2...Reuters
Wed, Apr 16
Vance to depart this week for Italy, India
WASHINGTON, April 16 (Reuters) - U.S. Vice President JD Vance will visit Italy and India from April 18-24, the White House said on Wednesday, adding that he will discuss "shared economic and geopolitical priorities with leaders in each country."Vance is expected to meet with Italian Prime Mi...Reuters
Wed, Apr 16
China's Xi calls on Asian nations to resist confrontation and protectionism
Resist supply chain disruptions, excessive tariffs, Xi saysBeijing boosting ties with neighbours as U.S. trade tensions riseChina remains Malaysia's most significant trade partner, Malaysian PM says China, Malaysia exchange agreements on trade, tourismBy Danial Azhar, Ashley Tang, Ethan Wang ...Reuters
Wed, Apr 16
Human Rights Watch says arbitrary detention used to crush dissent in Tunisia
By Tarek AmaraTUNIS, April 16 (Reuters) - Human Rights Watch said on Wednesday arbitrary detention was being used to eliminate dissent in Tunisia and called on its government to halt the crackdown and free all detainees, amid a trial of prominent opposition figures on conspiracy charges.An HRW repor...Reuters
Wed, Apr 16
Sabre Renews Long-Term Strategic Partnership With Preferred Hotels & Resorts
April 16 (Reuters) - Sabre Corp SABR.O:SABRE RENEWS LONG-TERM STRATEGIC PARTNERSHIP WITH PREFERRED HOTELS & RESORTS TO HELP DRIVE REVENUE TO MEMBER HOTELS, INCLUDING ADDITION OF SYNXIS® RETAILING AND GIFT CARDSReuters
Wed, Apr 16
