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Aon agrees co-broking arrangement with Protecdiv
By Aidan GregoryFeb 18 - (The Insurer) - Aon has signed a co-broking agreement with Protecdiv, the Philadelphia-based small business reinsurance brokerage.In a statement on Tuesday, Aon said it had entered into the new agreement to enhance its “service offerings to U.S.-based public and private sect...Reuters
Tue, Feb 18
Commodities
EXCLUSIVE-Chinese lithium company halts tech exports as trade tensions build
Jiangsu told customers it would halt exports of lithium processing tech from February 1China announced a proposal for export controls last month Proposal is having a "chilling effect" across industry, lawyer saysBy Ernest Scheyder and Lewis Jackson Feb 17 (Reuters) - A Chinese company has...Reuters
Tue, Feb 18
Stocks
Axsome Therapeutics Revenue Surges 66%
Biopharmaceutical firm Axsome Therapeutics (NASDAQ:AXSM) reported mixed fourth-quarter and full-year 2024 earnings on Tuesday, Feb. 18. The company achieved substantial revenue growth, with sales hitting $118.8 million, surpassing analyst estimates of $118 million. However, its adjusted earnings per...The Motley Fool
Tue, Feb 18
Other
Apollo adds drone product liability to Moonrock binder
By Rebecca DelaneyFeb 18 - (The Insurer) - Apollo has expanded into drone product liability cover by providing capacity as part of its existing binder with Lloyd's coverholder and specialist MGA Moonrock Drone Insurance.The cover is available globally for drone product manufacturers.Moonrock was...Reuters
Tue, Feb 18
Stocks
The Trade Desk Stock Tumbles. Is AppLovin the Culprit?
Investors in The Trade Desk (NASDAQ: TTD) were seeing red on Thursday as the stock plunged, but they were also green with envy.As shares of The Trade Desk tumbled more than 30%, fellow adtech titan AppLovin (NASDAQ: APP) was soaring on its earnings report, jumping more than 20% on its fourth-quarter...The Motley Fool
Tue, Feb 18
Other
U.S. Postal Service chief asks board to identify successor
WASHINGTON, Feb 18 (Reuters) - U.S. Postmaster General Louis DeJoy said Tuesday he has asked the Postal Service governing board to identify his successor.In November, DeJoy warned that the Post Office must continue to cut costs or will remain on the path to either a "government bailout or the en...Reuters
Tue, Feb 18
Other
Allianz Commercial promotes Ficarra to Asia Pacific ART head
By Henry GaleFeb 18 - (The Insurer) - Allianz Commercial has appointed Rosa Ficarra head of alternative risk transfer (ART) for Asia Pacific, based in Singapore.Ficarra had previously been based in London as a senior structured underwriter in Allianz Commercial's ART unit for five years, after t...Reuters
Tue, Feb 18
Commodities
U.S. nuclear power plant outages
Adds outages tableFeb 18 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW ...Reuters
Tue, Feb 18
Other
Trump tariffs would test pricing power of Europe's luxury goods makers
Luxury brands say they will raise prices if US imposes tariffsPrice hikes may alienate consumers, hurt sales, analysts saySome players consider US production to win tariff exemptionsBy Tassilo Hummel and Mimosa Spencer PARIS, Feb 18 (Reuters) - European luxury goods makers say they could draw on ...Reuters
Tue, Feb 18
Stocks
BUZZ-Morgan Stanley downgrades Hims and Hers to 'equal weight' after recent share run
** Morgan Stanley downgrades rating on telehealth firm Hims and Hers HIMS.N to "equal weight" from "overweight"** HIMS shares down marginally at $60.35 premarket ** "While HIMS checks a lot of boxes we evaluate for an investment thesis ... meaningful outperformance in the stock ...Reuters
Tue, Feb 18
Stocks
BUZZ-Teva rises as FDA accepts to review biosimilar to eye disease drug Eylea
** U.S.-listed shares of Israel-based drugmaker Teva Pharmaceutical Industries TEVA.TA, TEVA.N rises 6.6% to $17.32 premarket** TEVA and partner Biotech Alvotech ALVO.O say the U.S. FDA has accepted for review its marketing application for a biosimilar or close copy of Regeneron's REGN.O Eylea *...Reuters
Tue, Feb 18
Other
World Bank to decentralize operations, shift regional VPs to overseas hubs
By Andrea ShalalWASHINGTON, Feb 18 (Reuters) - The World Bank said on Tuesday it will restructure its global operations by shifting its regional management teams from Washington to hub offices around the world, a move aimed at helping the bank respond better and more quickly to local needs."This...Reuters
Tue, Feb 18
Other
EXCLUSIVE-Ancora demands U.S. Steel board records, ratchets up proxy fight
Ancora uses books and records request to gain information for proxy battleWants U.S. Steel to drop lawsuit to rescue merger with Nippon Request comes after Trump said Nippon's bid would be an investment not a purchase By Svea Herbst-Bayliss NEW YORK, Feb 18(Reuters) - Activist investor Ancora...Reuters
Tue, Feb 18
Commodities
EU plans to restrict imported crops treated with banned pesticides, draft shows
By Kate Abnett and Philip Blenkinsop BRUSSELS, Feb 18 (Reuters) - The European Union is planning tougher restrictions on imported crops treated with pesticides banned in Europe, a draft European Commission document showed, a move that would impact suppliers including the U.S.U.S. President Donald...Reuters
Tue, Feb 18
Forex
FOREX-Dollar firms, Aussie steady after RBA's 'hawkish' rate cut
Updates in European afternoon tradeAussie holds ground after RBA cuts rates as expected Dollar rises but near two-month lows amid tariff worriesEuro, sterling edge down with focus on Ukraine peace talks Yen on back foot after recent rise on BOJ hike wagers By Ankur Banerjee, Greta Rosen Fondahn S...Reuters
Tue, Feb 18
Commodities
Russia, U.S. officials discussed energy prices, economic cooepration, Dmitriev says
RIYADH, Feb 18 (Reuters) - Russian and U.S. officials had a separate discussion on future economic cooperation, including global energy prices, Russia's sovereign wealth fund chief Kirill Dmitriev told Reuters after Russia-U.S. talks in Saudi capital Riyadh.Reuters
Tue, Feb 18
Stocks
Yiren Digital Integrates DeepSeek to Boost Innovation and Operational Excellence
BEIJING, Feb. 18, 2025 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), an AI-powered platform providing a comprehensive suite of financial and lifestyle services in China, has officially integrated with DeepSeek, marking a significant milestone ...PR Newswire
Tue, Feb 18
