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REG

Bulgarian Government Faces No-Confidence Motion Amid Protests

Bulgaria’s opposition parties filed a no-confidence vote against the minority government of Prime Minister Rosen Zhelyazkov just weeks before the Balkan country is set to join the euro.

Bulgaria’s opposition parties filed a no-confidence vote against the minority government of Prime Minister Rosen Zhelyazkov just weeks before the Balkan country is set to join the euro.
Bloomberg Politics • Dec 5, 10:18 AM
CAP

3 years after her husband’s death, ‘All My Children’ star Susan Lucci on why she won’t sell her Long Island home

As her book prepares to hit the shelves, “All My Children” star Susan Lucci has opened up about her decision to hold on to her longtime Long Island home.

As her book prepares to hit the shelves, “All My Children” star Susan Lucci has opened up about her decision to hold on to her longtime Long Island home.
MarketWatch - Top Stories • Dec 5, 10:01 AM
REG

Sheinbaum Faces Next Trump Test While on Defense Back in Mexico

Claudia Sheinbaum’s ability to steer Mexico through Donald Trump’s trade chaos turned her into an international phenomenon.

Claudia Sheinbaum’s ability to steer Mexico through Donald Trump’s trade chaos turned her into an international phenomenon. A year into her presidency, however, she’s finding it harder to navigate political difficulties at home.
Bloomberg Politics • Dec 5, 10:00 AM
CAP

Rheinmetall Sees Decade-Long Boom Regardless of Ukraine Peace

Rheinmetall AG Chief Executive Officer Armin Papperger said that although he wishes for peace in Ukraine, it will have “absolutely zero impact” on the company’s business.

Rheinmetall AG Chief Executive Officer Armin Papperger said that although he wishes for peace in Ukraine, it will have “absolutely zero impact” on the company’s business.
Bloomberg Markets • Dec 5, 9:37 AM
CAP

Rheinmetall Sees Extended Boom Regardless of Ukraine Peace

Rheinmetall AG Chief Executive Officer Armin Papperger said any peace deal in Ukraine won’t change the picture for future weapons demand, as Europe enters an extended period of rearming after decades of drawing down its defense capabilities.

Rheinmetall AG Chief Executive Officer Armin Papperger said any peace deal in Ukraine won’t change the picture for future weapons demand, as Europe enters an extended period of rearming after decades of drawing down its defense capabilities.
Bloomberg Markets • Dec 5, 9:37 AM
MA

Old Republic International Set to Acquire Everett Cash Mutual Insurance Co. in Strategic Conversion Deal

Old Republic International Corporation is moving to acquire Everett Cash Mutual Insurance Co. (ECM) as part of a strategic conversion plan that will transform ECM from a mutual insurance company into a stock insurance company. This transaction, valued at approximately $207 million, aims to enhance ECM's capital access and integrate it into Old Republic's broader insurance framework.

In a significant corporate maneuver, Old Republic International Corporation (NYSE: ORI) has announced plans to acquire Everett Cash Mutual Insurance Co. (ECM) through a strategic conversion transaction. This deal, outlined in a Form S-4 registration statement filed with the Securities and Exchange Commission on December 4, 2025, involves ECM transitioning from a Pennsylvania mutual insurance company to a stock insurance company, with the sale of all authorized shares to Old Republic Specialty Insurance Group, Inc.,...
USFM • Dec 5, 9:21 AM
CAP

Citi to Continue to Be Overweight on Banks in 2026

Beata Manthey, Citi's European equity strategy head, talks about the outlook for 2026.

Beata Manthey, Citi's European equity strategy head, talks about the outlook for 2026. "We continue to be overweight banks into the next year," she tells Bloomberg Television. Manthey adds that Citi has also upgraded industrials and basic resources to overweight. (Source: Bloomberg)
Bloomberg Markets • Dec 5, 9:01 AM
CAP

Odd Lots: Affirm’s Max Levchin On How BNPL Really Works (Podcast)

Max Levchin probably knows as much about online payments as anyone.

Max Levchin probably knows as much about online payments as anyone. He was part of the original “PayPal mafia,” before going on to become co-founder and CEO of Affirm, the $22 billion player in the Buy Now, Pay Later industry that’s hoping to disrupt the incumbent credit card companies. While BNPL is booming, there is still a lot of confusion about how it works, how it makes money, and how transparent its activities are. On...
Bloomberg Markets • Dec 5, 9:00 AM