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The acquisition is expected to add a scaled, fully regulated European insurance platform powering over 800,000 policies annually, with approximately $18–20 million in revenue and approximately $1.6–2 million in EBITDA
ECB reports on progress towards euro adoption
ECB to integrate non-financial credit claim portfolios into general collateral framework, phasing out temporary measures
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Honeywell Technologies raises profit guidance after one-for-two reverse stock split Reuters
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Bank of Korea Governor Shin Hyun Song told parliament that policy rates will need to rise at an appropriate time, reinforcing the bank’s hawkish stance just a week before a widely expected rate hike.
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Oil rises after US launches fresh strikes against Iran Reuters
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Gold dips as Mideast hostilities revive inflation concerns Reuters
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A US judge pressed Gautam Adani for more details on the Justice Department’s move to dismiss a blockbuster criminal case against the Indian billionaire.
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Demand at Japan’s five-year bond sale on Thursday was broadly in line with recent auctions, showing that elevated yields are attracting some buyers.
The short-term results and the long-term risks of the “Donroe Doctrine.”