News
Important Only
Other
Exclusive: NormanMax to acquire UK-based parametric insurtech MGA FloodFlash
By James ThalerFeb 24 - (The Insurer) - NormanMax is to acquire London-based parametric insurtech MGA FloodFlash in a deal that remains subject to Financial Conduct Authority approval, sources close to the transaction told The Insurer.Sources said the deal was signed on Friday, though details of the...Reuters
Mon, Feb 24
Economic Indicator
Thai car production slumps 24.63% in January as sales, exports fall
Adds FTI spokesperson's quotes and comments in paragraphs 3, 6, 8 and data on car sales and exports from paragraph 3 BANGKOK, Feb 24 (Reuters) - Car production in Thailand fell a surprisingly large 24.63% in January from a year earlier to 107,103 units due to weak domestic sales and exports, ...Reuters
Mon, Feb 24
Other
EU approves new sanctions package against Russia, diplomats say
BRUSSELS, Feb 24 (Reuters) - EU foreign ministers on Monday approved a 16th package of sanctions against Russia, two diplomats said.Diplomats last week said the sanctions would include a ban on primary aluminium imports, the sale of gaming consoles and the listing of 73 shadow fleet vessels.Reuters
Mon, Feb 24
Other
Bund yields rise slightly after German elections
By Stefano Rebaudo Feb 24 (Reuters) - Yields on benchmark German government bonds rose on Monday as the outcome of German general elections supported expectations for pro-growth policies, but did not lift the uncertainty around the reform of the debt brake to increase fiscal spending.Germany'...Reuters
Mon, Feb 24
Stocks
GLOBAL MARKETS-European stock futures, euro climb as Germany stays mainstream
Asian stock markets : https://tmsnrt.rs/2zpUAr4 DAX up, Euro hits 1-month high as Merz wins German vote Wall St futures bounce ahead of Nvidia earnings Asia stocks dip, trade thin with Tokyo on holiday
Reuters
Mon, Feb 24
Other
Ukraine will receive 3.5 bln euro payment from EU in March, von der Leyen says
Feb 24 (Reuters) - Ukraine will receive a new payment of 3.5 billion euros ($3.68 billion) from the European Union in March, EU Commission Ursula von der Leyen said on Monday during a visit to Kyiv.Von der Leyen said Ukraine would also benefit from EU plans to scale up European arms production and d...Reuters
Mon, Feb 24
Commodities
Iron ore snaps four-day rise due to more duties on Chinese steel
Updates market at close SINGAPORE, Feb 24 (Reuters) - Dalian iron ore futures prices snapped a four-day winning streak on Monday as increasing levies on Chinese steel dampened demand prospects for the key steelmaking ingredient, though decreasing portside inventories in China limited the fall.The...Reuters
Mon, Feb 24
Other
QUOTES-German business leaders respond to election outcome
FRANKFURT, Feb 24 (Reuters) - Germany's conservative CDU/CSU bloc won most votes in Sunday's national election and could form a government with the Social Democrats (SPD), allaying market fears that Europe's top economy can only be ruled by another three-way coalition.Here are reactions ...Reuters
Mon, Feb 24
Other
BRIEF-Hemogenyx Pharma Announces Administration Of First-In-Human Treatment With HG-CT-1
Feb 24 (Reuters) - Hemogenyx Pharmaceuticals PLC HEMO.L:HEMOGENYX PHARMA PLC - FIRST-IN-HUMAN TREATMENT WITH HG-CT-1HEMOGENYX PHARMACEUTICALS : ANNOUNCE ADMINISTRATION OF FIRST-IN-HUMAN TREATMENT WITH HG-CT-1 FOR RELAPSED OR REFRACTORY ACUTE MYELOID LEUKEMIASource text: ID:nRSX1775YaFurther company...Reuters
Mon, Feb 24
Other
BRIEF-Star Energy Group Sees Production Of About 2,000 BOE/D In 2025
Feb 24 (Reuters) - Star Energy Group PLC STAR.L:STAR ENERGY GROUP - TRADING UPDATESTAR ENERGY GROUP PLC: ANTICIPATES PRODUCTION OF C.2,000 BOE/D IN 2025STAR ENERGY GROUP PLC: 2025 FORECAST CAPITAL EXPENDITURE IS C£11.0 MILLIONSource text: ID:nRSX1420YaFurther company coverage: STAR.LReuters
Mon, Feb 24
Other
BRIEF-National Grid To Sell National Grid Renewables for $1.735 Billion To Brookfield
Feb 24 (Reuters) - National Grid PLC NG.L:NATIONAL GRID PLC - SALE OF NATIONAL GRID RENEWABLESNATIONAL GRID PLC - SALE OF NATIONAL GRID RENEWABLESNATIONAL GRID PLC - DEAL VALUES NATIONAL GRID RENEWABLES AT $1.735 BILLIONNATIONAL GRID PLC - TRANSACTION EXPECTED TO COMPLETE IN H1 OF FY ENDING 31 MAR...Reuters
Mon, Feb 24
Commodities
METALS-London copper edges lower as US tariff concerns loom
Updates prices, adds dollar moves in paragraphs 5-6 NEW DELHI, Feb 24 (Reuters) - London copper eased on Monday as nervousness crept into metal demand after U.S. President Donald Trump's recent threats to raise tariffs, although a weaker dollar capped the losses.Three-month copper on the Lond...Reuters
Mon, Feb 24
Stocks
BUZZ-India's Glenmark Pharma rises on settling anti-trust lawsuit with plaintiffs
** Shares of Glenmark Pharmaceuticals GLEN.NS up ~4% to 1350.5 rupees** Co settles remaining antitrust and consumer protection lawsuits with three plaintiffs in connection with generic cholesterol drug Zetia** Plaintiffs include Humana HUM.N, Centene Corp CNC.Nand Kaiser Foundation Health Plan [RIC:...Reuters
Mon, Feb 24
Other
Poland - Factors to Watch Feb 24
WARSAW, Feb 24 - The following are significant news stories, press reports and events on Monday. ALL TIMES GMT (Poland: GMT + 1 hour): NATIONAL SECURITY COUNCILThe National Security Council will meet at 1230 GMT to discuss the situation in Ukraine.PRESIDENT DUDAU.S. presence in Poland and Central Eu...Reuters
Mon, Feb 24
