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Westfield Specialty International names Shallow to succeed England as CUO
By Rebecca DelaneyMarch 13 - (The Insurer) - Westfield Specialty International has appointed Jeremy Shallow as chief underwriting officer and active underwriter of Syndicate 1200, subject to regulatory approval.Shallow most recently served as deputy CUO and head of specialty, having joined Westfield...
Reuters
Thu, Mar 13
Forex
CANADA FX DEBT-Canadian dollar weakens as trade war spooks investors
Canadian dollar falls 0.4% against the greenbackPrice of oil drops 1.6%Bond yields ease across the curveBy Fergal Smith TORONTO, March 13 (Reuters) - The Canadian dollar weakened against the greenback on Thursday as oil prices fell and the latest escalation of the trade war between the United Sta...
Reuters
Thu, Mar 13
Other
Ukraine won't agree to frozen conflict, top official says
KYIV, March 13 (Reuters) - Ukraine will not agree to a frozen conflict with Russia, the Ukrainian president's chief of staff, Andriy Yermak, said on Thursday after Kyiv and Washington jointly proposed a 30-day ceasefire in the war.Ukraine has frequently accused Russia of trying to create a froze...
Reuters
Thu, Mar 13
Other
Trump says he still has good relations with leader of 'nuclear power' North Korea
WASHINGTON, March 13 (Reuters) - U.S. President Donald Trump said on Thursday he still has a good relationship with North Korean leader Kim Jong Un, with whom he held several summits during his first term, and referred to North Korea once again as a "nuclear power."Asked by reporters during ...
Reuters
Thu, Mar 13
Other
Trump asks US Supreme Court to intervene in bid to curb birthright citizenship
By Andrew Chung and John KruzelWASHINGTON, March 13 (Reuters) - Donald Trump took the fight over his attempt to restrict automatic U.S. birthright citizenship to the Supreme Court on Thursday as the Republican president's administration asked the justices to narrow a judicial block imposed on th...
Reuters
Thu, Mar 13
Economic Indicator
Forex Today: Tariffs, German inflation, and UK GDP gather attention
The Greenback extended its recovery from recent lows, adding to Wednesday’s uptick amid the move lower in yields and intense concerns surrounding the prospects of a global trade war.
EUR/USD
GBP/USD
Fxstreet
Thu, Mar 13
Other
UAE to push for easier access to US chip technology, Blooomberg News reports
March 13 (Reuters) - A top United Arab Emirates official plans to visit Washington to press for easier access to American technology and discuss investment in the United States, Bloomberg News reported on Thursday, citing people familiar with the matter. Sheikh Tahnoon bin Zayed Al Nahyan, UAE's...
Reuters
Thu, Mar 13
Other
GM CEO met with Trump on Wednesday amid tariff fight -- White House
WASHINGTON, March 13 (Reuters) - President Donald Trump met with General Motors GM.N CEO Mary Barra on Wednesday to talk about the automaker's investment plans amid an ongoing tariff war, a White House official told Reuters.Last week, Trump agreed to exempt automakers from his punishing 25% tari...
Reuters
Thu, Mar 13
Other
ASR unveils Moroccan service company for Syndicate 2454
By Rebecca DelaneyMarch 13 - (The Insurer) - Africa Specialty Risks has received approval for a Morocco-based service company that can underwrite in the country on behalf of Syndicate 2454.With Morocco as a regional hub for specialty insurance risks within North Africa, the approval offers domestic ...
Reuters
Thu, Mar 13
Other
Protesters occupy Trump Tower following arrest of Columbia student
Protest led by Jewish Voice for Peace against Khalil's arrestDeputy mayor says all protesters removed from Trump TowerTrump had promised to deport foreign-born activistsBy Jasper Ward March 13 (Reuters) - Scores of people poured into the lobby of Trump Tower in New York City on Thursday to pr...
Reuters
Thu, Mar 13
Stocks
US STOCKS-Wall Street tumbles as trade war escalates
Feb PPI cooler than expected after upward Jan revisions Dollar General beats earnings expectations; guidance disappoints Intel gains after naming chip industry veteran Lip-Bu Tan CEOAdobe falls after dull quarterly revenue forecastIndexes off: Dow 1.28%, S&P 500 1.26%, Nasdaq 1.76%By Stephen Cul...
Reuters
Thu, Mar 13
Other
Unions retract motion to block USAID document shredding after Trump administration assurances
By Brendan Pierson March 13 (Reuters) - Government worker unions on Thursday dropped their motion to block the U.S. Agency for International Development from shredding documents in the agency's now-shuttered offices after being assured by Trump administration lawyers that no personnel records...
Reuters
Thu, Mar 13
Other
RBC initiates Exact Sciences coverage with 'perform' rating on oncology screening strength
** Brokerage RBC Capital Markets initiates coverage on Exact Sciences EXAS.O with "perform" rating** Brokerage sets PT at $52, representing over 12% upside to the stock's last close** "By building market awareness for Cologuard while successfully navigating the FDA approval process a...
Reuters
Thu, Mar 13
Cryptocurrencies
S&P 500 set to enter correction for the 2nd time this week as the Dow approaches bear market
Wall Street is in freefall again. The S&P 500 index has now entered its second correction this week, plunging by another 1.4% on Thursday and bringing its total losses to 10% from its February all-time high, and if this level holds, it meets the official definition of a market correction. The Dow Jones Industrial Average […]
Cryptopolitan
Thu, Mar 13
Stocks
Southern Copper rises as UBS upgrades to 'Buy' on higher copper prices
** Shares of copper miner Southern Copper SCCO.N rise 1.6% to $91.80 ** Brokerage UBS upgrades SCCO to "buy" from "neutral", PT at $120 ** PT represents a 30.6% upside to the stock's last close ** Brokerage sees SCCO to benefit from higher copper price with the market expected to...
Reuters
Thu, Mar 13
Other
Nikki Glaser to return as host of 2026 Golden Globes
By Danielle BroadwayLOS ANGELES, March 13 (Reuters) - Comedian and actress Nikki Glaser will return to host the annual Golden Globes ceremony for a second time in January 2026, broadcaster CBS PARA.O and the Golden Globes announced on Thursday. The Golden Globes are the first of Hollywood's majo...
Reuters
Thu, Mar 13
Other
Lloyd’s warns of capital implications amid aviation and energy pricing concerns
By Scott VincentMarch 13 - (The Insurer) - Aviation and energy were highlighted by Lloyd’s chief underwriting officer Rachel Turk as classes of concern in Lloyd’s first quarter market message on Thursday, with Turk warning of significant capital implications for writing under priced business.“While ...
Reuters
Thu, Mar 13
Cryptocurrencies
Solana Price Crash To $90? Why A 26% Decline Could Rock This Crypto
The Solana price is seemingly on the verge of another major crash, as an analyst forecasts a correction to $90. Given the cryptocurrency’s recent slow momentum due to the ongoing market letdown, an additional 26% decline to new lows could significantly impact the future outlook of Solana. Analyst Fo...
NewsBTC
Thu, Mar 13
Cryptocurrencies
School Teacher Turned Crypto Billionaire Dumps Solana (SOL) Before Bull Run, What Is He Buying Now?
The cryptocurrency billionaire education leader who used to teach high school made an abrupt move that shifted $0.3 million of SOL value into MUTM tokens during its third distribution phase. The presale of this project surpassed $3.1 million while it attracted 5,300 holders who wait eagerly for its upcoming exchange debut. The current price of […]
Cryptopolitan
Thu, Mar 13
Other
Fitch Upgrades Spirit Airlines to 'CCC+'; Assigns Exit Note Rating of 'B-'/'RR3'
March 13 (Reuters) - Fitch:FITCH UPGRADES SPIRIT AIRLINES TO 'CCC+'; ASSIGNS EXIT NOTE RATING OF 'B-'/'RR3'FITCH: EXPECTS SPIRIT'S LIQUIDITY TO REMAIN SUFFICIENT IN NEAR TERMFITCH: BELIEVES SPIRIT AIRLINES LEVERAGE WILL REMAIN CONSTRAINT ON RATING AT LEAST THROUGH 2026FIT...
Reuters
Thu, Mar 13
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