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Germany's Greens withhold backing for debt brake reforms for now
BERLIN, March 5 (Reuters) - Germany's Greens will negotiate hard before potentially giving their much-needed backing to debt reforms proposed by the conservatives and Social Democrats, parliamentary co-leader Katharina Droege said on Wednesday.The conservatives and SPD, who are in talks to form ...Reuters
Wed, Mar 5
Stocks
Major US banks up on trade fear relief after major selloff in previous session
** Shares of major Wall Street banks rise in premarket trading as broader markets gain after major selloff on Tuesday ** JPMorgan Chase JPM.N, Goldman Sachs GS.N, Morgan Stanley MS.N, Bank of America BAC.N and Citigroup C.N are up; Morgan Stanley leads the gains with 1.6% rise** Yield on 10-year Tr...Reuters
Wed, Mar 5
Other
Hyundai Motor And Avride Signs MOU To Jointly Develop, Operate Vehicles Capable Of Fully Autonomous Driving
March 5 (Reuters) - Hyundai Motor Co 005380.KS:HYUNDAI MOTOR: CO AND AVRIDE SIGN MOU TO JOINTLY DEVELOP, OPERATE VEHICLES CAPABLE OF FULLY AUTONOMOUS DRIVINGHYUNDAI MOTOR: COS TO FOCUS ON ENABLING DEPLOYMENT OF AUTONOMOUS VEHICLES EQUIPPED WITH AVRIDE’S IONIQ-BASED FLEETHYUNDAI MOTOR: PARTNERSHIP IN...Reuters
Wed, Mar 5
Other
White Oak Commercial Finance Provides $90 Mln Senior Secured Revolving ABL Facility To Leading Steel Production Company
March 5 (Reuters) - White Oak Commercial Finance:WHITE OAK COMMERCIAL FINANCE PROVIDES $90M SENIOR SECURED REVOLVING ABL FACILITY TO LEADING STEEL PRODUCTION COMPANYReuters
Wed, Mar 5
Other
Visionary Obtains A Financing Consent Letter From A $1 Billion International Consortium
March 5 (Reuters) - Visionary Holdings Inc GV.O:VISIONARY OBTAINS A FINANCING CONSENT LETTER FROM A $1 BILLION INTERNATIONAL CONSORTIUMVISIONARY : HAS REACHED FINANCING CONSENT LETTER WORTH $1 BILLION WITH ALFARDAN GROUP OF QATARReuters
Wed, Mar 5
Stocks
Baltic index slips for second straight session on lower vessel demand
March 5 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell for a second straight session on Wednesday, pressured by lower demand across all vessel segments. * The main index .BADI, which factors in rates for capesi...Reuters
Wed, Mar 5
Cryptocurrencies
Apple challenges UK’s iCloud encryption backdoor order
Apple has called a secret UK order to let the government see protected iCloud files an “unlawful intrusion.” The iPhone maker has sent an appeal to the Investigatory Powers Tribunal by UK intelligence services and authorities. The tribunal will look into whether the UK’s notice to Apple was legal and, if not, could order it […]Cryptopolitan
Wed, Mar 5
Other
Microsoft Announces Sales Development Agent & Sales Chat Agent In Microsoft 365 Copilot
March 5 (Reuters) - Microsoft Corp MSFT.O:MICROSOFT: ANNOUNCING SALES DEVELOPMENT AGENT & SALES CHAT AGENT IN MICROSOFT 365 COPILOT, AVAILABLE IN PUBLIC PREVIEW IN MAYMICROSOFT: ANNOUNCING MICROSOFT AI ACCELERATOR FOR SALES, PARTICIPATING ORGANIZATIONS TO HAVE ACCESS FROM APRIL 1Reuters
Wed, Mar 5
Other
RSUM combines series of units into National Programs practice group
By Isha MaratheMarch 4 - (The Insurer) - Ryan Specialty Underwriting Managers (RSUM) has launched a new practice group called Ryan Specialty National Programs, led by Ryan Specialty CEO Shawn Yingling.The new practice group will unite RSUM business units Irwin Siegel Agency, Suitelife Underwriting ...Reuters
Wed, Mar 5
Other
T-Mobile Paid About $175 Million In Cash To Acquire Blis
March 5 (Reuters) - T-Mobile US Inc TMUS.O:T-MOBILE: PAID ABOUT $175 MILLION IN CASH TO ACQUIRE BLIST-MOBILE: BLIS & VISTAR MEDIA DEALS TO CONTRIBUTE ABOUT $250 MILLION IN REVENUE, $75 MILLION IN EBITDA & $50 MILLION IN FREE CASH FLOW THIS YEARReuters
Wed, Mar 5
Other
PLUS panel: Public D&O pricing stabilising amid market uncertainty
By Chris MunroMarch 4 - (The Insurer) - While pricing in the public D&O market is stabilising, rates remain inadequate in the face of escalating costs and greater sector uncertainty spurred by an aggressive plaintiffs’ bar, the changing nature of claims and the new U.S. administration.That was j...Reuters
Wed, Mar 5
Commodities
CBOT Trends-Wheat up 9-12 cents per bushel, corn and soy up 4-6 cents
CHICAGO, March 5 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Wednesday.WHEAT - Up 9 to 12 cents* Wheat futures Wv1 rebound after the most-active contract fell on Tuesday to its lowest lev...Reuters
Wed, Mar 5
Other
Canopius expands Hackett's remit to oversee APAC distribution
By Rebecca DelaneyMarch 5 - (The Insurer) - Canopius has expanded Paul Hackett's responsibilities to include the role of regional head of distribution for Asia Pacific, effective March 1.In this role, Hackett will be responsible for developing and executing the insurer's distribution strateg...Reuters
Wed, Mar 5
