LONDON, Sept 5 (Reuters) - Fitch has changed its outlook on global reinsurers to neutral from improving, adding on Thursday it expected the sector to remain strong but that prices had probably passed their peak. Reinsurers, which insure insurers, have raised their rates in recent years in response to losses from the COVID-19 pandemic, wars and natural catastrophes. Industry sources,...

WASHINGTON (Reuters) - The U.S. Senate Permanent Subcommittee on Investigations said Thursday it will hold a hearing with four major semiconductor companies on the use American-manufactured semiconductors in Russian weapons deployed in the war in Ukraine. Senator Richard Blumenthal, who chairs the panel, announced the hearing on Tuesday will include testimony from executives from Analog Devices ( ADI ), Advanced...

Lands’ End, Inc. shares are trading higher after the company reported second-quarter earnings results. Net revenue was $317.2 million, beating the analyst consensus of $307.41 million. Adjusted loss per share of $0.02 exceeded the street view of $0.11 loss. Global eCommerce Net revenue was $211.3 million, a decrease from $218.7 million a year ago quarter. Outfitters net revenue was $63.2 million, a decrease of 7.1% Y/Y. Third-party net revenue was $30.1 million,...

LONDON, Sept 5 (Reuters) - Kazakhstan's energy ministry has requested shareholders in the giant Kashagan oilfield delay to next year maintenance planned to begin at the site in October, citing gas shortages, trading sources with knowledge of the matter said. The ministry made the request in a letter sent in recent days to partners in the North Caspian Operating Company...