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WTW adds Arch's Ismail as head of commercial lines for NA ICT
By Isha MaratheJune 16 - (The Insurer) - WTW has appointed Farah Ismail as senior director, head of commercial lines within its insurance consulting and technology (ICT) business in North America, with the hire joining from Arch.Ismail has over 15 years of experience in the insurance industry. Befo...Reuters
Mon, Jun 16
Other
Ambac extends Oaktree deal timeline as regulatory review nears completion
By Mia MacGregorJune 16 - (The Insurer) - Ambac Financial Group remains actively engaged with Oaktree Capital Management L.P. over the sale of Ambac Assurance Corporation and Ambac Assurance UK Limited, with the completion date for the deal having been pushed back.To ensure financial flexibility dur...Reuters
Mon, Jun 16
Other
ASA Gold And Precious Metals Shareholders Vote To Expand The Board And Elect Maryann Bruce As An Independent Director
June 16 (Reuters) - ASA Gold and Precious Metals Ltd ASA.N:ASA GOLD AND PRECIOUS METALS SHAREHOLDERS VOTE TO EXPAND THE BOARD AND ELECT MARYANN BRUCE AS AN INDEPENDENT DIRECTORReuters
Mon, Jun 16
Other
Trump says he is waiting to impose sanctions on Russia in hopes of a deal
KANANASKIS, Alberta, June 16 (Reuters) - U.S. President Donald Trump said on Monday he was waiting on imposing sanctions against Russia to see whether a deal could be reached with Moscow on ending the war in Ukraine."Because I'm waiting to see whether or not a deal is signed," Trump told...Reuters
Mon, Jun 16
Other
US Democrat seeks to curb Trump's war powers on Iran, Republicans divided
Latest effort of many to restore Congress' war powersSome Republicans oppose US involvement, others very hawkishUS law requires prompt debate and vote on war powers measureBy Patricia Zengerle WASHINGTON, June 16 (Reuters) - A Democratic senator introduced legislation on Monday to prevent U.S...Reuters
Mon, Jun 16
Other
Regeneron declines to make higher bid for 23andMe after Wojcicki's $305 million offer
June 16 - Regeneron Pharmaceuticals REGN.O has declined to submit a new bid for genetic testing company 23andMe MEHCQ.PK exceeding its original winning bid of $256 million, a company spokesperson told Reuters on Monday. WHY IT'S IMPORTANTCo-founder Anne Wojcicki is set to regain control ...Reuters
Mon, Jun 16
Other
Trump, Starmer say US-UK trade deal finalized
KANANASKIS, Alberta, June 16 (Reuters) - U.S. President Donald Trump and British Prime Minister Keir Starmer on Monday said they had finalized a trade deal reached between the two allies last month.Trump, standing alongside Starmer at the Group of Seven summit in Canada, said the relationship with B...Reuters
Mon, Jun 16
Stocks
Space infra firm Redwire drops after launching $200 mln stock deal
** Redwire's RDW.N shares down ~11% to $18.32 in extended trading as space infrastructure technology co looks to raise equity ** Jacksonville, Florida -based RDW commences $200 mln stock offering ** Co says intends to use net offering proceeds for general purposes to fund growth, re...Reuters
Mon, Jun 16
Commodities
US Senate floats full phase-out of solar, wind energy tax credits by 2028
WASHINGTON, June 16 (Reuters) - The U.S. Senate tax committee proposed a full phase-out of solar and wind energy tax credits by 2028, but extended the incentive to 2036 for Trump administration-favored hydropower, nuclear and geothermal energy, according to a draft bill circulated on Monday.The draf...Reuters
Mon, Jun 16
