News
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Swiss Re beats with Q2 net profit of $1.33 billion, P&C Re CR improves to 76.3%
Net profit of $1.33 billion for Q2 ahead of consensus of $1.20 billionP&C Re combined ratio improves to 76.3% from 84.4%Corporate Solutions combined ratio deteriorates to 88.0% from 87.6%Insurance revenue dropped 3% to $10.54 billion amid casualty pruning in reinsurancePrice increase of 2.3% at ...Reuters
Thu, Aug 14
Ukraine's Zelenskiy to meet UK PM in London ahead of Trump-Putin summit
LONDON, Aug 14 (Reuters) - Ukrainian President Volodymyr Zelenskiy is due in London to meet British Prime Minister Keir Starmer on Thursday, to take stock ahead of U.S. President Donald Trump's key talks with Russian President Vladimir Putin in Alaska on Friday. Zelenskiy, who was in Germany on ...Reuters
Thu, Aug 14
Foxconn: AI Server Revenue In Q3 Expected To Grow More Than 170% Y/Y
Aug 14 (Reuters) - Hon Hai Precision Industry Co Ltd 2317.TW:FOXCONN:EXPECTS 2025 REVENUE TO SEE SIGNIFICANT GROWTH Y/Y (VERSUS PREVIOUS FORECAST OF TO SEE SIGNIFICANT GROWTH)FOXCONN: EXPECTS Q3 REVENUE TO SEE SIGNIFICANT GROWTH Y/YFOXCONN: EXPECTS Q3 REVENUE FOR SMART CONSUMER ELECTRONICS TO SLIGHT...Reuters
Thu, Aug 14
Ford Motor Company Is Recalling 21,765 U.S. Vehicles, NHTSA Says
Aug 14 (Reuters) - FORD MOTOR COMPANY IS RECALLING 21,765 U.S. VEHICLES - NHTSAFORD MOTOR COMPANY IS RECALLING SOME U.S. VEHICLES AS EXTERIOR LIGHTING FAILURE CAN REDUCE VISIBILITY FOR THE DRIVER AND OTHER ROAD USERS, INCREASING THE RISK OF A CRASH.- NHTSASource text: [ID:]Reuters
Thu, Aug 14
CAA Launches Consultation on Early Cost Recovery for Heathrow Expansion
Aug 14 (Reuters) - UK's CAA:CIVIL AVIATION AUTH. - HEATHROW EARLY COSTS CONSULTATIONCAA: LAUNCHED A CONSULTATION ON APPROACH TO RECOVERING EARLY PLANNING COSTS ASSOCIATED WITH PROPOSED EXPANSION OF HEATHROW AIRPORTCAA: CONSULTATION IS RUNNING UNTIL 10 SEPTEMBER 2025Reuters
Thu, Aug 14
Aviva GI premiums jump 7% as H1 profit rises
General insurance premiums up 7%Undiscounted combined ratio improves to 94.6%Group operating profit up 22% to 1.07 billion poundsBy Ryan HewlettAug 14 - (The Insurer) - UK insurer Aviva on Thursday reported a 7.0% jump in general insurance (GI) premiums and a higher-than-expected operating profit fo...Reuters
Thu, Aug 14
Touchstone Exploration Sees 2025 Average Daily Production 5,300 To 5,900 Boe/D
Aug 14 (Reuters) - Touchstone Exploration Inc TXP.TO:TOUCHSTONE EXPLORATION Q2 PRETAX PROFIT USD -1.444 MILLIONTOUCHSTONE EXPLORATION Q2 PETROLEUM AND NATURAL GAS SALES USD 11.007 MILLIONTOUCHSTONE EXPLORATION Q2 NET INCOME USD -710 THOUSANDTOUCHSTONE EXPLORATION INC OUTLOOK 2025 AVERAGE DAILY PROD...Reuters
Thu, Aug 14
FedEx, UPS, DHL executives to face fresh scrutiny in India antitrust case
Global delivery firms to face cross-examination by book publishers in IndiaAntitrust probe found no wrongdoing, but allows more scrutinyPublishers successfully argue investigation ignored anomaliesTop executives to face questions in coming weeks, sources sayBy Aditya Kalra NEW DELHI, Aug 14 (Reut...Reuters
Thu, Aug 14
PensionBee Group Announces Ambition To Exceed £250 Million Revenue By Year End 2034
Aug 14 (Reuters) - Pensionbee Group PLC PBEE.L:PENSIONBEE GROUP: POISED TO SIGNIFICANTLY ACCELERATE OPERATIONAL GROWTH THROUGH INCREASED MARKETING EXPENDITURE IN H2 2025PENSIONBEE GROUP: AMBITION TO REACH >£100 MILLION GROUP REVENUE IN SHORT TO MEDIUM TERMPENSIONBEE GROUP PLC: AMBITION IS TO EXCE...Reuters
Thu, Aug 14
Cab Payments Posts HY Adj PBT 7.2 Mln Stg
Aug 14 (Reuters) - Cab Payments Holdings PLC CABP.L:CAB PAYMENTS HLDGS - INTERIM RESULTS FOR THE SIX MONTHS TO 30 JUNE 2025CAB PAYMENTS HOLDINGS: HY TOTAL FX VOLUMES WERE UP 13% YOY TO £19.9 BILLIONCAB PAYMENTS HOLDINGS PLC: CONFIDENCE IN BUSINESS MOMENTUM GOING INTO H2 2025, EXPECTING FURTHER HOH ...Reuters
Thu, Aug 14
PRESS DIGEST -Wall Street Journal - Aug 14
Aug 14 (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.- U.S. President Donald Trump agreed with European leaders including Ukrainian President Volodymyr Zelenskiy to red lines for the coming talks...Reuters
Thu, Aug 14
Electronics giant Foxconn's second-quarter profit rises 27% from a year earlier
TAIPEI, Aug 14 (Reuters) - Taiwan's Foxconn 2317.TW, the world's largest contract electronics maker, on Thursday reported a 27% rise in second-quarter profit that beat market forecasts on continued strong demand for artificial intelligence servers.Net profit for the April-June period for App...Reuters
Thu, Aug 14
WhatsApp says Russia is trying to block it
MOSCOW, Aug 14 (Reuters) - WhatsApp said Russia was trying to block its services because the social media messaging app owned by Meta Platforms META.O offered people's right to secure communication, and vowed to continue trying to make encrypted services available in Russia.Russia has started re...Reuters
Thu, Aug 14
Ferronordic Q2 EBIT Loss SEK 5 Mln
Aug 14 (Reuters) - Ferronordic AB FNMA.ST:Q2 NET INCOME SEK -51 MILLIONQ2 EBIT MARGIN -0.4%Q2 REVENUE SEK 1,088 MILLIONQ2 EBIT SEK -5 MILLIONQ2 GROSS MARGIN 16.3%TARIFFS REMAIN AN UNCERTAINTY BUT CURRENTLY WE DO NOT FORESEE THAT THEY AFFECT US WORSE THAN OTHERSWE WE SEE OPPORTUNITIES TO FURTHER DEVE...Reuters
Thu, Aug 14
JGBs fall as Bessent's 'behind the curve' comments drive BOJ rate hike bets
By Junko Fujita TOKYO, Aug 14 (Reuters) - Japanese government bonds fell on Thursday as U.S. Treasury Secretary Scott Bessent's comments stoked expectations of a policy shift by the Bank of Japan.The five-year yield JP5YTN=JBTC rose 3.5 basis points (bps) to 1.1%, its highest level in two wee...Reuters
Thu, Aug 14
Russia says it struck Ukrainian missile plants
MOSCOW, Aug 14 (Reuters) - Russia's defence ministry said on Thursday that its forces had struck a number of Ukrainian missile plants, weapons design bureaus and rocket fuel productions enterprises with missiles and drones in July.Russian forces destroyed a number of Western missile defence syst...Reuters
Thu, Aug 14
PRESS DIGEST-New York Times business news - Aug 14
Aug 14 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- The U.S. government's ethics watchdog agency said this week that Treasury Secretary Scott Bessent has failed to fully comply w...Reuters
Thu, Aug 14
China, India in talks to resume border trade after five-year gap, Bloomberg News says
Aug 14 (Reuters) - India and China are discussing resuming border trade of domestic goods after more than five years, Bloomberg News said on Thursday, citing officials in New Delhi familiar with the matter.Reuters
Thu, Aug 14
