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NOAA to decommission "billion-dollar" climate disaster database, a valuable tool for insurers
By Isha Marathe May 12 - (The Insurer) - The National Oceanic and Atmospheric Administration is shuttering its database of billion-dollar weather and climate disasters, a tool the insurance industry uses to track the economic costs of extreme weather events. The database, which contains informat...Reuters
Mon, May 12
Other
'Transformative' Brazos and Twenty Mile deal enables Revau strategic expansion across NA
By Isha MaratheMay 12 - (The Insurer) - Canadian MGA business Revau has confirmed its newly struck "strategic partnership" with Brazos Specialty Risk Insurance and Twenty Mile Insurance Services in an announcement that confirms earlier exclusive reporting from The Insurer.Brazos Specialty a...Reuters
Mon, May 12
Other
Marsh sues WTW and outgoing executives over alleged aviation team raid
By Isha MaratheMay 12 - (The Insurer) - Marsh has sued WTW and exiting aviation and space market specialists Garrett Hanrahan and John Andrews alleging that they conspired with their new employer to solicit brokers and clients ahead of commencing employment at the rival.As this publication exclusiv...Reuters
Mon, May 12
Other
Cannae Holdings Announces First Quarter 2025 Financial Results
May 12 (Reuters) - Cannae Holdings Inc CNNE.N:CANNAE HOLDINGS, INC. ANNOUNCES FIRST QUARTER 2025 FINANCIAL RESULTSCANNAE HOLDINGS INC: QTRLY REVENUE $579.8 MILLIONCANNAE HOLDINGS INC: AFFIRMED ITS PREVIOUS GUIDANCE FOR 2025Reuters
Mon, May 12
Other
Data Communications Management Q1 Net Income CAD 5.1 Million
May 12 (Reuters) - Data Communications Management Corp DCM.TO:DATA COMMUNICATIONS MANAGEMENT Q1 NET INCOME CAD 5.1 MILLIONDATA COMMUNICATIONS MANAGEMENT Q1 REVENUE CAD 123.7 MILLIONDATA COMMUNICATIONS MANAGEMENT Q1 ADJUSTED EBITDA CAD 18.6 MILLIONReuters
Mon, May 12
Cryptocurrencies
Ethereum Price Forecast: ETH sees increased staking inflows following decline in leverage trading
Ethereum (ETH) is down 1% on Monday following increased inflows into staking protocols in the past week. The staking inflows come after sustained spot buying pressure pushed ETH to its largest weekly gain of 40% since December 2020.
Fxstreet
Mon, May 12
Other
Blank Check Co Jena Acquisition Corporartion II Files For $200 Million IPO
May 12 (Reuters) - BLANK CHECK CO JENA ACQUISITION CORPORARTION II FILES FOR $200 MILLION IPO - SEC FILINGJENA ACQUISITION CORPORARTION II: SANTANDER IS UNDERWRITER TO IPOJENA ACQUISITION CORPORARTION II: INTEND TO APPLY TO HAVE UNITS LISTED ON NEW YORK STOCK EXCHANGE UNDER SYMBOL “JENAU”Reuters
Mon, May 12
Stocks
Oddity Tech slides as CEO sells block of stock
** * Shares of Israeli-based online cosmetics retailer Oddity Tech ODD.O down 5.3% at $66.40 in extended trading after block sale news** Co says entity affiliated with co-founder and CEO Oran Holtzman offloaded 5.5 mln shares in Rule 144/unregistered block** Transaction to enhance free float and tr...Reuters
Mon, May 12
Other
Basketball-France's teen sensation Malonga ready to dunk on WNBA
NEW YORK, May 12 (Reuters) - A 6'6" teenage dunking sensation out of France is ready to take the WNBA by storm, as second overall draft pick Dominique Malonga brings experience well beyond her years to Seattle.The 19-year-old is known as the "female Wembanyama" - after compatriot and...Reuters
Mon, May 12
Commodities
US nuclear regulator begins special inspection at Quad Cities nuclear power plant
May 12 (Reuters) - The U.S. Nuclear Regulatory Commission (NRC) has launched a special inspection at the Quad Cities Generating Station in Marseilles, Illinois, following discovery of inoperable safety-related vacuum breakers, the agency said on Monday.The two-unit nuclear plant is operated by Const...Reuters
Mon, May 12
Other
Canada PM Carney, UK PM Starmer agree to strengthen defense and commercial ties in call
TORONTO, May 12 (Reuters) - Canadian Prime Minister Mark Carney and British Prime Minister Keir Starmer spoke on Monday and agreed to strengthen trade, commercial, and defence ties, according to a statement from the Canadian prime minister's office.The two leaders also discussed their commitment...Reuters
Mon, May 12
Other
Brazil's Direcional posts Q1 net profit of 164.5 mln reais (LSEG poll 159 mln reais)
May 12 (Reuters) - Direcional Engenharia SA DIRR3.SA:REPORTS Q1 NET REVENUE OF 894.1 MILLION REAIS (LSEG POLL 945 MILLION REAIS)REPORTS Q1 NET PROFIT OF 164.5 MILLION REAIS (LSEG POLL 159 MILLION REAIS)Reuters
Mon, May 12
