Turkey quake contributed to $43 billion in H1 insurance losses – Munich Re
BERLIN (Reuters) – A deadly earthquake in Turkey and Syria as well as tornadoes and hailstorms in the United States…
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Liberty Mutual to stop offering business owner’s policy in California as costs bite
(Reuters) – Property and casualty insurer Liberty Mutual will stop offering its business owner’s policy (BOP) product in wildfire-prone state…
Lufthansa headed for record result in 2023, CEO tells Focus
BERLIN (Reuters) – German airline Lufthansa is on course for a record year, even as it has fewer flights than…
US urges release of Niger’s president; no evacuations of Americans for now
By Trevor Hunnicutt and Kanishka Singh WASHINGTON (Reuters) -The United States condemns efforts to detain or subvert the functioning of…
Capgemini’s slower sales hit shares, to invest 2 billion euros in AI
By Lina Golovnya and Stephanie Hamel (Reuters) -French IT consulting group Capgemini posted weaker quarterly growth due to a slowdown…
Adidas plans next Yeezy stock sale in August
By Matthias Williams and Helen Reid LONDON (Reuters) -Adidas will sell more of its stock of Yeezy products in August,…
US bank preferred capital issuance makes a tentative comeback
By Shankar Ramakrishnan (Reuters) -Investor appetite for a type of debt issued mostly by banks to boost their capital is…
JPMorgan maintains “bearish view” on yen after BOJ shift
LONDON (Reuters) – JPMorgan’s analysts said on Friday they were maintaining the investment bank’s “bearish view” on the Japanese yen…
ECB contemplates end of rate hikes as outlook worsens
By Francesco Canepa FRANKFURT (Reuters) -Two European Central Bank policymakers on Friday raised the prospect of an end to the…
Investors bought bonds, stocks and inflation hedges in busy cenbank week-BofA
By Samuel Indyk LONDON (Reuters) – Investors flocked to stocks and bonds in the week to Wednesday, Bank of America…