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Armilla’s Ramakrishnan: Industry in investigative phase on AI exposures
By George AbbottAug 19 - (The Insurer) - The rapid adoption of artificial intelligence is forcing insurers and their clients to assess whether current policies cover the risks, but the market is still in the “investigative phase” of determining how to handle the exposure, according to Armilla’s Kar...Reuters
6 minutes ago
RPT-ANALYSIS-UK motor finance ruling could fuel M&A
UK court ruling may trigger motor finance M&A wave Ruling slashed estimates for industry compensation bill Uncertainty over final cost may delay deals until 2026 By Charlie Conchie LONDON, Aug 19 (Reuters) - A ruling from the United Kingdom's top court that will likely save car finance co...Reuters
33 minutes ago
COLUMN-AI will replace most humans, but then what?: Jen
By Stephen JenLONDON, August 19 (Reuters) - Is technology more job augmenting or job replacing? This has been a long-standing debate. But recent academic work suggests that technology has been a net destroyer of jobs for decades.Artificial intelligence and robotics could rapidly accelerate this tren...Reuters
38 minutes ago
Russian attack on Poltava shows Putin does not want peace, Ukraine says
KYIV, Aug 19 (Reuters) - An overnight Russian attack that rocked the central Ukrainian city of Kremenchuk and left hundreds of customers in the Poltava region without power shows that Russian President Vladimir Putin does not want peace, regional Ukrainian officials said. During a summit ...Reuters
40 minutes ago
BREAKINGVIEWS-SoftBank throws Intel its next-best lifeline
By Robyn Mak HONG KONG, Aug 19 (Reuters Breakingviews) - Finally, some good news for Intel's INTC.O beleaguered new boss. Since taking over the struggling chipmaker in March, Lip-Bu Tan has faced U.S. President Donald Trump's demands to step down, a credit-rating downgrade, deteriorating ...Reuters
50 minutes ago
Cycling-Former Tour de France, Vuelta stage winner Woods to retire at end of season
Aug 19 (Reuters) - Canadian Michael "Rusty" Woods, a former stage winner at the Tour de France and Vuelta a Espana, has announced he will retire from professional road cycling at the end of the season, bringing to a close a career spanning over a decade.The 38-year-old, who made history as t...Reuters
55 minutes ago
Earthquake of magnitude 5.2 strikes Afghanistan's Hindu Kush region, GFZ says
Aug 19 (Reuters) - An earthquake of magnitude 5.2 struck Afghanistan's Hindu Kush region on Tuesday, the German Research Center for Geosciences (GFZ) said.The quake was at a depth of 186 km (116 miles), GFZ said.Reuters
an hour ago
Cyprus dispatches aid for Gaza, says distribution under UN watch
NICOSIA, Aug 19 (Reuters) - Cyprus has dispatched 1,200 metric tons of humanitarian aid for Gaza by sea via Ashdod in Israel, its foreign ministry said on Tuesday. The pre-screened cargo would be transferred without additional security checks on arrival in Ashdod and with international humanitarian ...Reuters
an hour ago
Russian parliament speaker to visit China, Vedomosti says
MOSCOW, Aug 19 (Reuters) - Russian State Duma Chairman Vyacheslav Volodin is due to visit China this week as head of a parliamentary delegation, the Vedomosti newspaper reported on Tuesday, citing unidentified sources.Volodin will visit Beijing and Changchun, the newspaper said. Russian President ...Reuters
an hour ago
JGBs fall after weaker-than-expected 20-year bond auction
By Junko FujitaTOKYO, Aug 19 (Reuters) - Japanese government bonds fell on Tuesday after a 20-year bond auction drew weaker-than-expected demand.The 20-year JGB yield JP20YTN=JBTC rose 2 basis points (bps) to 2.595%. The 10-year JGB yield JP10YTN=JBTC rose 2.5 bps to 1.595%, its highest since July 2Reuters
an hour ago
South Korea's Lee meets business leaders to discuss summit with Trump
SEOUL, Aug 19 (Reuters) - South Korean President Lee Jae Myung met on Tuesday the leaders of some of the country's biggest conglomerates who will accompany Lee to Washington for his summit next week with U.S. President Donald Trump, Lee's office said. Lee and Trump will hold their first summ...Reuters
2 hours ago
Russian air attack cuts power to parts of Poltava region, Ukraine says
Aug 19 (Reuters) - An overnight Russian attack on the Kremenchuk and Lubny districts of the Poltava region cut power to hundreds of customers and damaged administrative buildings of a local power infrastructure operation, regional governor said on Tuesday. "Fortunately, there were no casualties,...Reuters
2 hours ago
Responding to Trump invasion comments, Taiwan says must rely on itself for security
TAIPEI, Aug 19 (Reuters) - Taiwan must rely on itself for its security, the island's foreign ministry said on Tuesday, responding to U.S. President Donald Trump saying Chinese President Xi Jinping told him he would not invade the island while Trump was in office.Democratic Taiwan has over the pa...Reuters
2 hours ago
PRESS DIGEST -Wall Street Journal - August 19
Aug 19 (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.- Sinclair SBGI.O has proposed merging its broadcast TV business with Tegna TGNA.N, excluding its Ventures unit, in a deal valuing Tegna share...Reuters
2 hours ago
PRESS DIGEST- New York Times business news - August 19
Aug 19 (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 Trump administration has discussed taking a 10% stake in Intel INTC.O as part of a government-backed effort to revive the trou...Reuters
2 hours ago
WRAPUP 11-US would help assure Ukraine's security in a peace deal, Trump tells Zelenskiy
Trump says U.S. would help Europe provide security for Ukraine Zelenskiy welcomes 'strong signal' from TrumpEuropean leaders push for ceasefire ahead of any peace dealBy Andrea Shalal and Max Hunder WASHINGTON, Aug 18 (Reuters) - U.S. President Donald Trump told President Volodymyr Zelens...Reuters
2 hours ago
Air Canada cabin crew strike enters day four as talks resume
Jobs minister promises probe into unpaid work allegationsOther Canadian unions voice support, may offer financial aidStranded passengers express frustration By Allison Lampert and Wa Lone MONTREAL/TORONTO, Aug 19 (Reuters) - Air Canada AC.TO flight attendants extended their strike into a fourth d...Reuters
3 hours ago
OpenAI rolls out cheapest ChatGPT plan at $4.6 in India to chase growth
Aug 19 (Reuters) - ChatGPT maker OpenAI on Tuesday launched ChatGPT Go, a new India-only subscription plan priced at 399 rupees ($4.57) per month, its most affordable offering yet, as the company looks to deepen its presence in its second-largest market. Global companies often offer cheaper sub...Reuters
3 hours ago
