Core Points - The arbitration timeline regarding the retrocession treaties between SCOR and Covéa remains unchanged, with a final decision expected in 2026 [1][2] - SCOR has opposed Covéa's request to stay the arbitration proceedings, indicating a commitment to resolving the dispute [1] - SCOR's financial statements provision for all major arbitrations and disputes at best estimate, reflecting prudent financial management [2] Company Overview - SCOR is a leading global reinsurer, providing a diverse range of reinsurance and insurance solutions to manage risk [2] - The company generated premiums of EUR 20.1 billion in 2024 and operates in over 150 countries with 37 offices worldwide [2]

Core Points - An Arbitral Tribunal under ICC Rules has issued a final award in the arbitration between Agfa-Gevaert and the insolvency receiver of AgfaPhoto GmbH, which may have a material impact on Agfa-Gevaert [1] - The Tribunal dismissed all claims from the insolvency receiver regarding alleged undercapitalization of AgfaPhoto GmbH and ordered the receiver to pay Agfa-Gevaert approximately 38 million euros plus interest for arbitration costs [2] - The insolvency receiver has a three-month window to request annulment of the award in a German court, but Agfa expects to close this period successfully and continue its growth strategy [3] Company Overview - Agfa-Gevaert is a leading company in imaging technology with nearly 160 years of experience, developing and marketing analog and digital systems for various sectors including healthcare, printing, green hydrogen, and specific industrial applications [4] - In 2024, Agfa-Gevaert reported a turnover of 1,138 million euros [4]

Core Viewpoint - Entrée Resources Ltd. has filed its interim financial results for Q1 2025, highlighting significant developments in its joint venture with Oyu Tolgoi LLC and ongoing operational updates related to the Oyu Tolgoi project in Mongolia [1][16]. Q1 2025 Highlights - The operating loss for Q1 2025 was $0.6 million, a decrease from $1.1 million in Q1 2024, attributed to higher legal costs in 2024 [7]. - As of March 31, 2025, the cash balance was $5.8 million, and the working capital balance was $5.9 million [17]. Arbitration and Joint Venture Agreement - A partial final award was made on December 19, 2024, in favor of Entrée Resources in its arbitration against Oyu Tolgoi LLC and Turquoise Hill Resources Ltd., dismissing the respondents' counterclaims [4]. - The Entrée/Oyu Tolgoi Joint Venture Agreement (JVA) was formally executed on February 3, 2025, with an effective date of June 30, 2008, and includes the assignment of an 80% or 70% beneficial interest in the Shivee West Property to OTLLC [4][10]. - The JVA requires OTLLC to hold title to the mining licenses on behalf of the joint venture participants [4]. Oyu Tolgoi Project Updates - Oyu Tolgoi achieved record copper production in March 2025, aligning with the Lift 1 underground mine ramp-up plan, and is projected to become the world's fourth-largest copper mine by 2030 [6]. - The project is on track for a greater than 50% year-on-year increase in production, with significant growth expected in the second half of the year [9]. Development Work and Drilling Programs - First underground development work on the Entrée/Oyu Tolgoi JV Property commenced in October 2024, with 95 equivalent meters of lateral development completed by March 31, 2025 [4][8]. - The 2024 drilling program included 5,031.6 meters of surface drilling and 6,566.88 meters of underground drilling, supporting the Lift 2 Panel 1 Pre-Feasibility Study [8]. - For 2025, an in-fill diamond drilling program of approximately 8,329 meters on the Shivee Tolgoi mining license has been approved [8]. Future Outlook and Strategy - The primary objective is to fully implement the arbitration award and transfer the licenses to OTLLC to maximize operational efficiencies and minimize delays in development work [10][11]. - The conversion of the Entrée/Oyu Tolgoi JVA into a more effective agreement is being pursued, which would include a mechanism for sharing up to 34% of economic benefits with the State [13][14].

Core Points - Meta has blocked former Facebook executive Sarah Wynn-Williams from communicating with Congress regarding the company's dealings with the Chinese Communist Party due to an emergency arbitration ruling [1][2][7] - The ruling enforces a non-disparagement clause in Wynn-Williams' severance agreement, which prohibits her from discussing her memoir, "Careless People," and from cooperating with the Senate investigation [2][7][9] - The Senate's Permanent Subcommittee on Investigations has opened a probe into Meta's dealings with China, seeking records dating back to 2014, including communications with Chinese government officials and information about Meta's AI model, Llama [4][5][6] Company Actions - Meta claims it does not operate its services in China and has previously opted against pursuing business opportunities there, as stated by a company spokesperson [4] - The company has dismissed Wynn-Williams' allegations as false and characterized her as a disgruntled former employee, asserting that her claims are outdated and inaccurate [9] Legislative Context - The bipartisan Senate investigation, initiated on April 1, is led by Republican Sen. Ron Johnson and Democratic Sen. Richard Blumenthal, focusing on Meta's interactions with Chinese authorities [4] - Lawmakers are requesting extensive documentation from Meta, including details about "Project Aldrin," which Wynn-Williams alleges was a plan to enter the Chinese market [5][6]