By Tatiana Bautzer and Niket Nishant (Reuters) -Citigroup has hired former U.S. Trade Representative Robert Lighthizer as a senior adviser on global trade, the bank said in a statement. "Given our global presence, having Ambassador Lighthizer’s insights into the dynamics facing global trade is very valuable to us and our clients," a Citi spokesperson said. The ambassador will not be a full tim ...
Investing.com -- Chicago-based homeowners insurtech company, Kin, has seen a significant increase in its total insured value over the last four years. From 2021 to 2024, the company expanded its insured value from $10 billion to a staggering $100 billion.During this four-year period, Kin also successfully reduced its gross adjusted loss ratio, net of excess of loss recoveries, from 66.6% down to 2 ...
By Bhanvi Satija and Patrick Wingrove (Reuters) -Eli Lilly on Thursday downplayed CVS Health (NYSE:CVS)’s decision to drop the company’s obesity drug Zepbound from some lists of medicines it covers for reimbursement, but shares of the drugmaker still fell more than 10%. CVS said its pharmacy benefit management unit, which is the largest in the U.S., would drop Zepbound coverage from July 1, b ...
Investing.com -- The U.S.-Ukraine minerals agreement, signed last Wednesday, is anticipated to be ratified by Ukraine’s parliament within a week, according to senior officials from the Trump administration. The details of the deal were shared with reporters on Thursday.The officials also indicated that this Ukraine deal could serve as a blueprint for future international agreements. The overarch ...