Edward Moncreiffe, Insurance CEO at HSBC Group, says he's been seeing a lot of "new money" coming in as clients look to de-risk. He also discusses HSBC insurance's exposure to private credit on "Bloomberg: The China Show." (Source: Bloomberg)
Edward Moncreiffe, Insurance CEO at HSBC Group, says he's been seeing a lot of "new money" coming in as clients look to de-risk. He also discusses HSBC insurance's exposure to private credit on "Bloomberg: The China Show." (Source: Bloomberg)
A fire was being contained at Russia’s Ust-Luga port on Wednesday after 56 drones were destroyed over the Leningrad region, local governor Alexander Drozdenko said, the latest strike on the country’s oil export infrastructure. The roof of a residential building was also damaged in Vyborg and air defenses were continuing to repel the attack, Drozdenko said on Telegram. Ust-Luga is one of Russia’s l...
A fire was being contained at Russia’s Ust-Luga port on Wednesday after 56 drones were destroyed over the Leningrad region, local governor Alexander Drozdenko said, the latest strike on the country’s oil export infrastructure. The roof of a residential building was also damaged in Vyborg and air defenses were continuing to repel the attack, Drozdenko said on Telegram. Ust-Luga is one of Russia’s largest oil export terminals on the Baltic Sea and a key hub for crude and refined product shipments, while nearby Vysotsk, close to Vyborg, hosts Novatek PJSC’s Cryogas-Vysotsk LNG plant. The latest attack follows the March 23 drone strike that caused disruptions at the Russian Baltic port of Primorsk, where crude and diesel loadings were suspended. That strike contributed to at least a 36-hour hiatus in cargo loadings, according to shipping information seen by Bloomberg. Primorsk and Ust-Luga are Russia’s main western oil export hubs, and any sustained disruption there would add to strains on global supply as Brent oil trades near $100 a barrel due to the Iran war and severe disruption to flows through the Strait of Hormuz. In total, air defense forces shot down 389 Ukrainian drones over Russian regions overnight, the Russian Ministry of Defense said, one of the largest numbers in recent months.
undefined War risk insurance for ships crossing the Strait of Hormuz has surged in cost and become intermittently unavailable after a conflict involving the U.S., Israel and Iran began in late February, disrupting global shipping. Premiums for a single transit have risen from about 0.25% of a vessel’s value before the conflict to as high as 4%–10%, while insurers at times withdraw quotes entirely,...
undefined War risk insurance for ships crossing the Strait of Hormuz has surged in cost and become intermittently unavailable after a conflict involving the U.S., Israel and Iran began in late February, disrupting global shipping. Premiums for a single transit have risen from about 0.25% of a vessel’s value before the conflict to as high as 4%–10%, while insurers at times withdraw quotes entirely, industry participants told Caixin.
American No 4 seed beats Belinda Bencic 6-3, 1-6, 6-3 in quarter-final Gauff next faces 13th seed Karolína Muchová for a place in final Coco Gauff may be struggling with an unfamiliar arm injury, indifferent form and the pressure of attempting to transform her serve with the entire tennis world watching, but the one quality that will never evade her is her fighting spirit. Under far from ideal cir...
American No 4 seed beats Belinda Bencic 6-3, 1-6, 6-3 in quarter-final Gauff next faces 13th seed Karolína Muchová for a place in final Coco Gauff may be struggling with an unfamiliar arm injury, indifferent form and the pressure of attempting to transform her serve with the entire tennis world watching, but the one quality that will never evade her is her fighting spirit. Under far from ideal circumstances, Gauff’s mental toughness continues to guide her through the Miami Open draw and to her best ever result at her hometown tournament. She navigated a path into the semi-finals for the first time in her career with an arduous 6-3, 1-6, 6-3 win over Bencic. Continue reading...
Earnings Call Insights: Intrusion Inc. (INTZ) Q4 2025 Management View CEO Anthony Scott highlighted that fiscal year 2025 began and ended with unexpected events, notably the full elimination of debt and Series A preferred stock at the start of the year, and an unanticipated delay in the extension of a critical infrastructure contract with the Department of War at year-end. Scott emphasized, "At th...
Earnings Call Insights: Intrusion Inc. (INTZ) Q4 2025 Management View CEO Anthony Scott highlighted that fiscal year 2025 began and ended with unexpected events, notably the full elimination of debt and Series A preferred stock at the start of the year, and an unanticipated delay in the extension of a critical infrastructure contract with the Department of War at year-end. Scott emphasized, "At the beginning of the year, we improved our balance sheet by fully eliminating our then outstanding debt and Series A preferred stock." Product milestones included launching critical infrastructure solutions for essential assets, making two versions of Shield Cloud available on AWS marketplace, and introducing Shield Cloud on Microsoft's Azure platform. Scott stated, "With availability across both leading cloud marketplaces, we've meaningfully expanded our sales reach, which will help enhance our customer pipeline and drive future revenue growth." Strategic partnerships expanded, with PortNexus embedding Intrusion's Shield endpoint solution in MyFlare safety technology and the launch of the P.O.S.S.E program for law enforcement cyber protection. Scott noted, "Our pilot experience with the P.O.S.S.E program is encouraging with a high adoption rate so far." Management changes included hiring Valencia Reaves as Public Sector Vice President of Sales and Patrick Duggan as Director of Channel Sales & Partnerships to strengthen business development efforts. CFO Kimberly Pinson reported, "Fourth quarter results totaled $1.5 million in revenue, a decrease of 25%, compared to the prior quarter, and 12% when compared to the prior year period, as noted earlier on the call. This was due to the delayed incremental funding of a major U.S. government contract." Outlook Management anticipates recognizing delayed revenue from the Department of War contract extension in the first half of 2026, assuming normalization of procurement activity. Scott stated, "We do believe that we will be able to re...
hapabapa/iStock Editorial via Getty Images By Ezequiel Gomes Apple ( AAPL ) shares traded on firmer footing Tuesday, March 24, with AAPL moving back toward $252 after an early dip held above $249, even as Treasury yields stayed elevated and the broader technology trade remained uneasy. The stock did not break decisively higher, but it stopped behaving like a market under forced liquidation, which...
hapabapa/iStock Editorial via Getty Images By Ezequiel Gomes Apple ( AAPL ) shares traded on firmer footing Tuesday, March 24, with AAPL moving back toward $252 after an early dip held above $249, even as Treasury yields stayed elevated and the broader technology trade remained uneasy. The stock did not break decisively higher, but it stopped behaving like a market under forced liquidation, which mattered after the previous session’s pressure. Apple spent much of the session repairing Monday’s softness rather than launching a clean breakout. Trading between roughly $250 and $253 left the stock in a narrow recovery channel, with buyers willing to defend the lower edge of the range but not yet aggressive enough to force a move through nearby overhead supply. That leaves $250 in the foreground. A hold above that level keeps the recent pullback looking more like a reset inside a broader range than the start of a deeper unwind, while the first ceiling now sits around $253 and then again near $255, where recent rallies have lost traction. Momentum, for now, looks restrained rather than broken. The stock is no longer trading as if sellers fully control the tape, but the rebound still has a provisional feel because every push higher is unfolding against a rate backdrop that remains unfriendly to expensive technology names. APPL price dynamics February - March 2026 (Source: TradingView) A steadier Apple in a noisier market The macro setting stayed difficult. Treasury yields climbed again on Tuesday, with the 10-year near 4.38% and longer-dated yields also pressing higher, as markets continued to price a stickier inflation backdrop and a heavier supply picture in fixed income. That pressure did not hit every corner of the market equally. The Nasdaq lagged the broader tape, and both technology and communication services remained among the softer groups, which helps explain why Apple could stabilize without attracting the kind of momentum buying that usually follows a clean di...
hapabapa/iStock Editorial via Getty Images By Ezequiel Gomes Apple ( AAPL ) shares traded on firmer footing Tuesday, March 24, with AAPL moving back toward $252 after an early dip held above $249, even as Treasury yields stayed elevated and the broader technology trade remained uneasy. The stock did not break decisively higher, but it stopped behaving like a market under forced liquidation, which...
hapabapa/iStock Editorial via Getty Images By Ezequiel Gomes Apple ( AAPL ) shares traded on firmer footing Tuesday, March 24, with AAPL moving back toward $252 after an early dip held above $249, even as Treasury yields stayed elevated and the broader technology trade remained uneasy. The stock did not break decisively higher, but it stopped behaving like a market under forced liquidation, which mattered after the previous session’s pressure. Apple spent much of the session repairing Monday’s softness rather than launching a clean breakout. Trading between roughly $250 and $253 left the stock in a narrow recovery channel, with buyers willing to defend the lower edge of the range but not yet aggressive enough to force a move through nearby overhead supply. That leaves $250 in the foreground. A hold above that level keeps the recent pullback looking more like a reset inside a broader range than the start of a deeper unwind, while the first ceiling now sits around $253 and then again near $255, where recent rallies have lost traction. Momentum, for now, looks restrained rather than broken. The stock is no longer trading as if sellers fully control the tape, but the rebound still has a provisional feel because every push higher is unfolding against a rate backdrop that remains unfriendly to expensive technology names. APPL price dynamics February - March 2026 (Source: TradingView) A steadier Apple in a noisier market The macro setting stayed difficult. Treasury yields climbed again on Tuesday, with the 10-year near 4.38% and longer-dated yields also pressing higher, as markets continued to price a stickier inflation backdrop and a heavier supply picture in fixed income. That pressure did not hit every corner of the market equally. The Nasdaq lagged the broader tape, and both technology and communication services remained among the softer groups, which helps explain why Apple could stabilize without attracting the kind of momentum buying that usually follows a clean di...
Event context and recent share performance QUALCOMM (QCOM) has been drawing attention after a weak run in its share price, with a 10% decline over the past month and a 26% decline over the past 3 months. Over longer stretches, QUALCOMM shows a mixed picture, with a 26% decline year to date and an 18% decline over the past year, but positive 3 year and 5 year total returns, alongside recent revenue...
Event context and recent share performance QUALCOMM (QCOM) has been drawing attention after a weak run in its share price, with a 10% decline over the past month and a 26% decline over the past 3 months. Over longer stretches, QUALCOMM shows a mixed picture, with a 26% decline year to date and an 18% decline over the past year, but positive 3 year and 5 year total returns, alongside recent revenue and net income growth. See our latest analysis for QUALCOMM. At a share price of $128.67,...
Hong Kong’s anti-corruption watchdog has charged five people over alleged bribes – including casino chips and red packets – offered to flat owners and owner corporation members during large-scale renovation projects, worth about HK$90 million (US$11.5 million), at three housing estates. The Independent Commission Against Corruption (ICAC) on Wednesday disclosed details of its crackdown on a crime ...
Hong Kong’s anti-corruption watchdog has charged five people over alleged bribes – including casino chips and red packets – offered to flat owners and owner corporation members during large-scale renovation projects, worth about HK$90 million (US$11.5 million), at three housing estates. The Independent Commission Against Corruption (ICAC) on Wednesday disclosed details of its crackdown on a crime syndicate accused of “manipulating tendering exercises” for building maintenance projects through...