News
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Irwin Siegel launches new SiriusPoint capacity-backed casualty and excess program
By Chris MunroApril 14 - (The Insurer) - Ryan Specialty’s Irwin Siegel Agency (ISA) has launched a new casualty and excess program that will be written on the AM Best A-minus rated paper of Bermudian (re)insurer SiriusPoint.Rock Hill, New York-based ISA’s new program provides casualty and excess cov...Reuters
Tue, Apr 15
India, US sign terms of reference for first phase of trade deal
NEW DELHI, April 15 (Reuters) - India and the United States have signed the terms of reference for the first part of a bilateral trade deal, an Indian trade official said on Tuesday.India and the U.S. agreed in February to work on the first phase of a trade deal to be concluded late this year, with ...Reuters
Tue, Apr 15
Honda to make 90% of US sales locally by relocating Mexico, Canada production, Nikkei reports
TOKYO, April 15 (Reuters) - Honda Motor 7267.T plans to switch some car production from Mexico and Canada to the United States, aiming for 90% of cars sold in the country to be made locally, the Nikkei newspaper reported on Tuesday.The Japanese carmaker plans to increase U.S. vehicle production by a...Reuters
Tue, Apr 15
Britain's financial watchdog sets up in US and Asia to attract firms to UK
LONDON, April 15 (Reuters) - Britain's Financial Conduct Authority has appointed staff in the United States and the Asia-Pacific region for the first time, to help overseas firms to enter the British market and boost exports of UK financial services, the watchdog said on Tuesday.Former investmen...Reuters
Tue, Apr 15
Everest Insurance appoints AIG's Reiss as US Northeast regional executive
By Isha MaratheApril 14 - (The Insurer) - Everest Insurance has appointed Steve Reiss, former northeast zonal president at AIG, as U.S. northeast regional executive.Reiss will be based in New York, and report to Craig Hanrahan, head of field operations insurance.He has over three decades of experie...Reuters
Tue, Apr 15
UK's Haleon takes full control of Chinese consumer healthcare venture
April 15 (Reuters) - British consumer healthcare group Haleon HLN.L said on Tuesday it has gained complete ownership of its Chinese joint venture after acquiring Tianjin Pharmaceutical Da Ren Tang's 600329.SS 12% stake for about 1.62 billion yuan ($221.4 million).($1 = 7.3161 Chinese yuan renmin...Reuters
Tue, Apr 15
Golf-McIlroy can go on to win 10 majors, says putting coach Faxon
April 15 (Reuters) - Rory McIlroy waited more than a decade to win his fifth major but putting coach Brad Faxon said his triumph at the Masters on Sunday will give the Northern Irishman a platform to kick on and win five more.McIlroy beat England's Justin Rose in a sudden-death playoff at August...Reuters
Tue, Apr 15
Russia's spy chief says Russia, Belarus ready to act over European 'escalation' around Ukraine
MOSCOW, April 15 (Reuters) - Russia's foreign spy service chief, Sergei Naryshkin, said that the security services of Russia and Belarus were ready to act proactively, given what he said was increased escalation from Europe over Ukraine, state news agency RIA reported on Tuesday.RIA cited Narysh...Reuters
Tue, Apr 15
Fugro cuts outlook and US jobs, cites pause in wind projects
April 15 - Dutch geodata firm Fugro FUGR.AS on Tuesday said it started reducing its U.S. workforce and scaling back operations there after warning its sales and earnings would miss earlier forecasts because of volatile markets and lack of new U.S offshore wind projects.The company, which provides ge...Reuters
Tue, Apr 15
Digital mapper TomTom's Q1 revenue beats estimate on location technology performance
By Mathias de Rozario April 15 (Reuters) - Dutch digital mapping specialist TomTom TOM2.AS beat revenue expectations on Tuesday, after a strong performance in its automotive and enterprise location technology businesses.The Amsterdam-based company posted revenue of 140.4 million euros ($159.44 mi...Reuters
Tue, Apr 15
Ericsson's profit surges as North American clients buy gear ahead of Trump's tariffs
By Gianluca Lo NostroApril 15 (Reuters) - Ericsson's ERICb.ST first-quarter core earnings trounced analysts' expectations on Tuesday as North American telecom customers placed more orders for its gear ahead of the impact of potential U.S. tariffs.Adjusted operating earnings excluding restruc...Reuters
Tue, Apr 15
Motor insurtech Marshmallow unveils $90 million fundraise, eyes international expansion
By Rebecca DelaneyApril 15 - (The Insurer) - UK motor insurtech Marshmallow has raised $90 million worth of funding from a trio of backers: Portage, BlackRock and Columbia Lake Partners, the company said on Tuesday.The raise comes three years after the business’ $85 million Series B fundraise, durin...Reuters
Tue, Apr 15
China accuses US of launching 'advanced' cyberattacks, names alleged NSA agents
Chinese police accuse NSA of 'advanced' cyberattacksSays has raised concerns with United StatesState media names three alleged NSA agents involved in attackSays attacks targeted critical infrastructure including HuaweiBy Laurie Chen, Farah Master and Liz Lee BEIJING, April 15 (Reuters) - ...Reuters
Tue, Apr 15
South Korea aims to delay US tariffs in talks, cooperate in mutual areas
South Korea aims to delay U.S. tariffs amid economic concernsSeoul to hold talks with U.S. focusing on areas of mutual interest like shipbuilding, energySouth Korea unveils $23 bln support package for chipsBy Jihoon Lee and Joyce Lee SEOUL, April 15 (Reuters) - South Korea will seek to delay ...Reuters
Tue, Apr 15
BESI Takes Note Of Press Release From Applied Materials
April 15 (Reuters) - BE Semiconductor Industries NV BESI.AS:GROUP HAS TAKEN NOTE OF PRESS RELEASE FROM APPLIED MATERIALS, OF APRIL 14APPLIED DOES NOT INTEND TO SEEK BOARD REPRESENTATION AT BESI, NOR DOES IT HAVE PLANS TO PURCHASE ADDITIONAL SHARES OF BESIReuters
Tue, Apr 15
Banks vote to loosen climate coalition membership rules
Back a more flexible temperature target for membersOver 80% of members voted; 90% of votes cast in favourComes as real economy, policy and technology lag on climate ambitionBy Virginia Furness LONDON, April 15 (Reuters) - The world's leading bank coalition looking to help tackle climate chang...Reuters
Tue, Apr 15
Financier Truell Prints New Offer In Battle For Banknote Firm De La Rue- Sky News
April 15 (Reuters) - FINANCIER TRUELL PRINTS NEW OFFER IN BATTLE FOR BANKNOTE FIRM DE LA RUE- SKY NEWSEDI TRUELL HAS INDICATED WILLINGNESS TO OFFER 132.17P-A-SHARE FOR DE LA RUE - SKY NEWSSource text: https://tinyurl.com/5s6rfn72Reuters
Tue, Apr 15
