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Beazley expands event cancellation insurance to cover political violence, terrorist threats, civil commotion and riots

Jul 27, 2016 12:08 pm UTC| Business

NEW YORK, July 27, 2016 -- Beazley, a leading provider of event cancellation insurance, has expanded its terrorism and political violence event cancellation insurance for the sports, entertainment and leisure industries...

EASYCARE APPOINTS PETE LEE AS VICE PRESIDENT OF PRODUCT DEVELOPMENT AND BUSINESS PERFORMANCE

Jul 27, 2016 11:40 am UTC| Business

NORCROSS, Ga., July 27, 2016 -- EasyCare, the leading independent provider of automotive F I benefits and dealer business performance services, has appointed Pete Lee as Vice President of Product Development and Business...

Northrop Grumman Releases Second Quarter 2016 Financial Results

Jul 27, 2016 10:22 am UTC| Business

FALLS CHURCH, Va., July 27, 2016 -- Northrop Grumman Corporation (NYSE:NOC) has released its second quarter 2016 financial results. A copy of the earnings release has been furnished in the company's Form 8-K filing and is...

The backlash against open plan offices: segmented space

Jul 27, 2016 07:37 am UTC| Insights & Views Business

Looking back on the changes in office design over the past 30 years, it is easy to see why some employees feel as if they have been subjects in a giant ongoing experiment. For decades the office has moved from private,...

STMicroelectronics Reports 2016 Second Quarter and First Half Financial Results

Jul 27, 2016 05:33 am UTC| Business

Net revenues of $1.70 billion and gross margin of 33.9% in the second quarter Continued strength in automotive and microcontroller revenues; growing about 6% and 4% year-over-year, respectively Free cash flow(1)...

Half-Year 2016 results - SCOR records net income of EUR 275 million for the first six months of 2016, confirming the strength of its business model

Jul 27, 2016 05:19 am UTC| Business

PARIS, July 27, 2016 -- Half-Year 2016 results SCOR records net income of EUR 275 million for the first six months of 2016 , confirming the strength of its business model In the...

Statoil ASA: Share capital increase for issue of dividend shares in connection with payment of dividend for first quarter 2016

Jul 27, 2016 05:11 am UTC| Business

STAVANGER, Norway, July 27, 2016 -- NOT FOR RELEASE IN OR INTO CANADA, JAPAN, AUSTRIA, POLAND, ESTONIA, ICELAND OR ANY OTHER JURISDICTION IN WHICH THE RELEASE WOULD BE UNLAWFUL Based on the authorisation granted by the...

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Economy

Yen Slides as BOJ Caution Undercuts Rate Hike Impact

The Japanese yen weakened sharply on Monday, hovering near record lows against major currencies, after Bank of Japan Governor Kazuo Ueda reiterated a cautious policy stance despite a recent interest rate hike. The yens...

Oil Prices Climb in Asian Trade as Venezuela Sanctions and Middle East Tensions Fuel Risk Premium

Oil prices edged higher in early Asian trading on Monday, rebounding after two consecutive weeks of losses, as geopolitical risks and potential supply disruptions lifted market sentiment. Brent crude futures for February...

Russia Stocks End Flat as Energy Shares Support MOEX Index

Russian stocks finished mixed after the close of trading in Moscow on Saturday, with the MOEX Russia Index ending the session unchanged at 0.00%. Market sentiment remained cautious as gains in select energy and utility...

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

Ukraine welcomed a major European Union decision on Friday to provide 90 billion in financial support over the next two years, a move Kyiv says will significantly strengthen its economic resilience amid the ongoing war...

Politics

U.S., Europe, Ukraine Hold Productive Florida Talks on Ending Russia-Ukraine War

Senior officials from the United States, Europe, and Ukraine concluded three days of high-level talks in Florida aimed at advancing efforts to end Russias war in Ukraine, with discussions centered on aligning positions and...

Najib Razak Awaits Court Rulings in 1MDB Case as Malaysia’s Anti-Graft Drive Faces Test

Malaysias former prime minister Najib Razak is set to learn on Monday whether he can serve the remainder of his jail sentence under house arrest, a decision that could have major political and legal implications for the...

Putin Aide Says European, Ukrainian Changes Fail to Improve Ukraine Peace Prospects

A senior aide to Russian President Vladimir Putin said on Sunday that proposed changes by European countries and Ukraine to U.S.-drafted plans for ending the war in Ukraine have not improved the chances of achieving...

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

Australia marked a national day of reflection on Sunday to honour the victims of a deadly gun attack that struck a Hanukkah celebration at Sydneys Bondi Beach a week earlier, killing 15 people and injuring dozens more. The...

Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

The Venezuelan government has strongly condemned the seizure of a new oil tanker near its coast, accusing the United States of committing what it described as a serious act of international piracy. In an official statement...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...