News
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General Dynamics says G800 earns FAA, EASA certifications
April 16 (Reuters) - General Dynamics GD.N said on Wednesday its Gulfstream G800 jet has earned a certification from the Federal Aviation Administration and the European Union Aviation Safety Agency. The company had said in January it expected FAA certification for the jet in the first half of 2025.Reuters
Wed, Apr 16
Putin praises Elon Musk, compares him to father of Soviet space program
MOSCOW, April 16 (Reuters) - Russian President Vladimir Putin on Thursday praised Elon Musk, comparing him to Sergei Korolev, the chief engineer behind the Soviet Union's space success in the 1950s and 1960s, state news agency TASS reported.TASS cited Putin, who was speaking on Russia's spac...Reuters
Wed, Apr 16
Judge finds Trump administration disregarded order on Venezuelan deportations
WASHINGTON, April 16 (Reuters) - A U.S. federal judge on Wednesday found "probable cause" to hold President Donald Trump's administration in contempt of court for violating his order last month halting deportations of Venezuelan migrants under a wartime law.Reuters
Wed, Apr 16
Euro zone bonds rise on market jitters, yields fall
Euro zone bond yields outperform US treasuriesMoves to safe-havens resume as uncertainty persistsEyes on ECB meeting on Thursday LONDON, April 16 (Reuters) - Euro zone government bond yields dipped on Wednesday, outperforming U.S. Treasuries as risk aversion across assets pushed investors back to...Reuters
Wed, Apr 16
Travelers profit beats as underwriting gains cushion $2 billion wildfire hit
By Niket NishantApril 16 (Reuters) - Insurance bellwether Travelers' TRV.N first-quarter profit exceeded analysts' expectations on Wednesday, as strong underwriting gains helped soften the hit from over $2 billion of catastrophe losses driven by the Los Angeles wildfires.Shares rose 4%, ext...Reuters
Wed, Apr 16
Kennedy to move autism study to newly-created administrative office
WASHINGTON, April 16 (Reuters) - U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. said on Wednesday that he would move the surveillance of U.S. autism rates to the newly created Administration for a Healthy America. Prevalence of autism spectrum disorder in the U.S. among 8-year-o...Reuters
Wed, Apr 16
Amwins SRU confirms launch of new excess casualty sidecar program
By Chris MunroApril 16 - (The Insurer) - Amwins has announced the launch of its new excess casualty sidecar program, confirming earlier reporting from this publication that the wholesaler’s Special Risk Underwriters (SRU) unit had brought the new MSIG capacity-backed offering to market.As E&S In...Reuters
Wed, Apr 16
TikTok begins US testing of 'Footnotes' similar to 'Community Notes' by X
April 16 (Reuters) - TikTok on Wednesday started testing "Footnotes" in the United States, a feature similar to "Community Notes" used by X and Meta META.O, as the short-video platform awaits a deal that will secure its presence in the country.The feature allows users to add "mor...Reuters
Wed, Apr 16
Trump fires Democratic board members of the credit union watchdog -statements
April 16 (Reuters) - The White House has fired Todd Harper and Tanya Otsuka, two Democratic board members of the National Credit Union Administration, the officials said in statements on Wednesday."If a President can fire an NCUA Board member at any time, how will we maintain public trust in our...Reuters
Wed, Apr 16
World Bank's Banga says unsure of US contribution to IDA, Trump dialogue constructive
WASHINGTON, April 16 (Reuters) - World Bank President Ajay Banga said on Wednesday that he has had constructive discussions with the Trump administration about the development lender but added that he does not know how much the U.S. will contribute to the bank's fund for the world's poorest ...Reuters
Wed, Apr 16
REFILE-HW Kaufman leadership lay out ambition to build 'a true global player'
By James ThalerApril 15 - (The Insurer) – HW Kaufman has set its sights on becoming “a true global player,” according to Jodie Kaufman Davis and Paul Greensmith, who detailed the firm’s international expansion plans and the opportunity to capitalize on ongoing disruption in London wholesale.The pair...Reuters
Wed, Apr 16
Mexico's Sheinbaum says country will not renew diplomatic relations with Ecuador
MEXICO CITY, April 16 (Reuters) - Mexican President Claudia Sheinbaum said Wednesday that Mexico would not renew diplomatic relations with Ecuador as long as Ecuadorean President Daniel Noboa remains in office. The rift is a result of Ecuador's raid on the Mexican embassy in Qu...Reuters
Wed, Apr 16
AI-generated music accounts for 18% of all tracks uploaded to Deezer
April 16 (Reuters) - About 18% of songs uploaded to Deezer DEEZR.PA are fully generated by AI, the French streaming platform said on Wednesday, underscoring the technology's growing use amid copyright risks and concerns about fair payouts to artists.Deezer said more than 20,000 AI-generated trac...Reuters
Wed, Apr 16
Meta trial: 5 key moments from Zuckerberg's testimony
By Jody Godoy WASHINGTON, April 16 (Reuters) - Meta Platforms META.O CEO Mark Zuckerberg testified this week at a high-stakes trial in Washington where the U.S. Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.Here are five key moments ...Reuters
Wed, Apr 16
Travelers Q1 Total Revenue $11.81 Billion Versus Ibes Estimate $10.83 Billion
April 16 (Reuters) - Travelers Companies Inc TRV.N:TRAVELERS Q1 CORE EPS $1.91 VERSUS IBES ESTIMATE $0.78TRAVELERS Q1 CATASTROPHE LOSSES OF $2.27 BILLION PRE-TAX, WITH $1.73 BILLION IN CALIFORNIA WILDFIRES LOSSESTRAVELERS Q1 TOTAL REVENUE $11.81 BILLION VERSUS IBES ESTIMATE $10.83 BILLIONTRAVELERS Q...Reuters
Wed, Apr 16
