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PSI working group launches inaugural guide for portfolio-level nature risk assessment
By Rebecca DelaneyJune 27 - (The Insurer) - The U.N. Principles for Sustainable Insurance (PSI) initiative has launched a guide to address gaps in insurers' assessment of nature-related risks, dependencies, impacts and opportunities across underwriting portfolios.Published on Thursday to coincid...Reuters
Fri, Jun 27
Other
Toyota's global sales hit May record, but production dips
TOKYO, June 27 (Reuters) - Toyota Motor's 7203.T global sales rose for a fifth straight month in May, setting a record for the month, as strong demand in markets such as the U.S. held firm despite President Donald Trump's tariffs, the automaker said on Friday.Worldwide sales climbed 6.9% yea...Reuters
Fri, Jun 27
Commodities
China's copper smelters win better-than-expected $0 processing fee from Antofagasta, sources say
Smelter losses could lead to production cuts, market participants sayCopper concentrate deficit at 1.1 mln t in 2025, 2.6 mln t in 2026, BMI forecastsChina's 2025 refined copper output to grow by 12% y/y, Mysteel saysBy Lewis Jackson, Amy Lv and Hongmei Li BEIJING/SINGAPORE, June 27 (Reuters)...Reuters
Fri, Jun 27
Other
Czech billionaire Kretinsky named Royal Mail's chairman
June 27 (Reuters) - Czech billionaire Daniel Kretinsky will become the chairman of British parcel and postal firm Royal Mail, his investment firm EP Group said on Friday. Kretinsky's EP Group closed its 3.57 billion pounds ($4.90 billion) acquisition of Royal Mail's parent company Internatio...Reuters
Fri, Jun 27
Stocks
LIVE MARKETS-Europe before the bell: futures higher as global stocks rally
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comEUROPE BEFORE THE BELL: FUTURES HIGHER AS GLOBAL STOCKS RALLYEuropean equity futures are heading higher again on Friday with geopolitic...Reuters
Fri, Jun 27
Other
Exclusive: Ascot hires Price Forbes Re's head of parametric Gibson
By Henry GaleJune 27 - (The Insurer) - Stephen Gibson, previously head of parametric at Price Forbes Re, is joining Ascot as the carrier looks to grow its presence in the parametric insurance market.Gibson became Price Forbes Re's head of parametric in April 2024 after joining the firm in 2023. ...Reuters
Fri, Jun 27
Forex
REFILE-INDIA RUPEE-Rupee's upside capped by dollar bids from foreign and state-run banks
By Jaspreet Kalra MUMBAI, June 27 (Reuters) - The Indian rupee edged higher on Friday as the dollar grappled with concerns over the future independence of the Federal Reserve and heightened expectations of cuts to U.S. benchmark interest rates. However, dollar bids from foreign and state...Reuters
Fri, Jun 27
Other
European media group RTL to buy Sky Deutschland
LONDON, June 27 (Reuters) - European broadcaster RTL Group AUDK.LU said on Friday it would buy Sky Deutschland, in a deal that combines Sky's sports and streaming offerings with RTL's news and entertainment brands to create a business with 11.5 million paying subscribers.The deal includes a ...Reuters
Fri, Jun 27
Other
Gulf marine war rates fall slightly as Israel-Iran ceasefire holds
By Michael JonesJune 27 - (The Insurer) - Gulf marine war rates have softened slightly as the ceasefire between Iran and Israel continues to hold, three senior marine market sources told The Insurer.The sources said that marine war rates for the Gulf were between 0.35% and 0.45% on Thursday.Rates ha...Reuters
Fri, Jun 27
Other
CORRECTED-US envoy plays down Africa tariff, visa concerns, reaffirms Lobito rail commitment
African Union officials have criticised US trade, visa policiesUS envoy Troy Fitrell defends US positions on both Reaffirms commitment to Lobito Corridor railway projectBy Miguel Gomes and Colleen Goko LUANDA, June 24 (Reuters) - The top U.S. diplomat for Africa on Tuesday dismissed allegations o...Reuters
Fri, Jun 27
Other
Hungary's PM Orban warns of legal consequences over banned Budapest Pride march
BUDAPEST, June 27 (Reuters) - Hungarian Prime Minister Viktor Orban said on Friday there would be "legal consequences" for organising or attending a Budapest Pride march in violation of a police ban on the event, planned for Saturday."We are adults, and I recommend that everyone should d...Reuters
Fri, Jun 27
Stocks
Bakkt Plans $1 Billion Crypto Buying Spree — Can the Stock Stage a Comeback?
Bakkt Holdings (NYSE: BKKT) is making headlines with a bold plan to raise $1 billion to purchase Bitcoin (BTC), Ethereum (ETH) , and other major digital assets. The move could mark a turning point for the company’s struggling stock.
TradingKey
Fri, Jun 27
Other
Czech billionaire Kretinsky to become chairman of Royal Mail
June 27 (Reuters) - Czech billionaire Daniel Kretinsky will become the chairman of British parcel and postal firm Royal Mail, his investment firm EP Corporate Group said on Friday. Kretinsky's EP Corporate Group closed its 3.57 billion pound ($4.90 billion) acquisition of Royal Mail's parent...Reuters
Fri, Jun 27
Other
EP Corporate Group Says Daniel Křetínský Appointed As Chairman Of IDS And Royal Mail
June 27 (Reuters) - EP Corporate Group:EP CORPORATE GROUP: ROYAL MAIL ALLOTTED AND ISSUED A NEW NON-TRANSFERABLE SHARE OF £1.00 TO SECRETARY OF STATEEP CORPORATE GROUP - DANIEL KŘETÍNSKÝ APPOINTED CHAIRMAN OF IDS AND ROYAL MAILReuters
Fri, Jun 27
Other
Absa Group Reiterates FY2025 Guidance
June 27 (Reuters) - Absa Group Ltd ABGJ.J:JSE: ABG - AGT04 - VOLUNTARY TRADING UPDATE FOR THE SIX MONTHS ENDING 30 JUNE 2025ABSA GROUP: REITERATE FY2025 GUIDANCE PROVIDED ON 11 MARCHABSA GROUP LTD - EXPECTS MID-SINGLE DIGIT REVENUE GROWTH IN 1H25Reuters
Fri, Jun 27
