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News

04 Jan FEMA signs pact with 28 reinsurers to take on $1.46 bln in flood risk

Posted at 20:24h in News by KMFSLLP 0 Comments

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Jan 5 (Reuters) - The Federal Emergency Management Agency (FEMA) has transferred $1.46 billion of risk from its flood insurance program to 28 private reinsurers for 2018, the agency said on Friday.

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04 Jan CME Group expands private trades in grain markets, raising worries

Posted at 19:59h in News by KMFSLLP 0 Comments

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CHICAGO, Jan 5 (Reuters) - Exchange operator CME Group Inc will allow a type of privately negotiated transaction in all its agricultural markets for the first time on Monday, splitting traders who predict the move will either improve or hurt transparency.

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04 Jan Cut football ticket prices to help ‘right’ fans attend

Posted at 19:50h in News by KMFSLLP 0 Comments

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Manchester City captain says traditional supporters are being priced out

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04 Jan UPDATE 3-Deutsche Bank to post third consecutive annual loss

Posted at 19:42h in News by KMFSLLP 0 Comments

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* Revenue at bond-trading unit seen dropping 22 pct in Q4 (Adds shareholder comments published by Handelsblatt)

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04 Jan FEATURE-Amid icy temperatures, some of Washington’s homeless prefer to sleep rough

Posted at 19:32h in News by KMFSLLP 0 Comments

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WASHINGTON, Jan 5 (Thomson Reuters Foundation) - On a broad sidewalk blocks away from the White House, Tom and Seven are getting ready for another night of sleeping in the street in frigid temperatures that have gripped the U.S. capital.

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04 Jan U.S. consumer watchdog bureau gets new chief of staff

Posted at 19:25h in News by KMFSLLP 0 Comments

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WASHINGTON, Jan 5 (Reuters) - A top staffer for one of the most vocal U.S. congressional critics of the Consumer Financial Protection Bureau was named on Friday as the watchdog's chief of staff as it undergoes a major transformation under the Trump administration.

04 Jan Drug charity halts patient aid after U.S. health agency pulls approval

Posted at 18:50h in News by KMFSLLP 0 Comments

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BOSTON, Jan 5 (Reuters) - One of the largest patient assistance charities in the United States said it will not provide financial aid in 2018 after the government revoked its approval to do so because of concerns that drugmakers had improper influence over the charity.

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04 Jan UPDATE 2-Neiman Marcus names Ralph Lauren executive as CEO

Posted at 18:24h in News by KMFSLLP 0 Comments

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Jan 5 (Reuters) - Neiman Marcus Group Ltd on Friday named Geoffroy van Raemdonck, an executive at upscale clothing manufacturer Ralph Lauren Corp, to succeed Karen Katz as chief executive officer of the debt-burdened luxury retailer next month.