News
Important Only
South Africa's President Ramaphosa expects Trump to visit South Africa
WASHINGTON, May 21 (Reuters) - South Africa's President Cyril Ramaphosa said he encouraged U.S. President Donald Trump to attend a Group of 20 meeting in South Africa, adding he expects the U.S. president to be coming to South Africa."I expect him to be coming to South Africa," Ramaphosa...Reuters
Wed, May 21
THE DAY AHEAD-North America, May 22
To access a PDF version of this newsletter, please click here You can read The Day Ahead via TOPNEWS - U.S Companies or Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/TDA-subscription-page For Morning News Call U.S. -- a...Reuters
Wed, May 21
South Africa and US will continue to talk, particularly on trade, Ramaphosa says
WASHINGTON, May 21 (Reuters) - South Africa and the United States will continue to hold talks, particularly on trade and industry, South African President Cyril Ramaphosa said on Wednesday after a bilateral meeting with U.S. President Donald Trump in the White House."I was rather pleased that th...Reuters
Wed, May 21
Snowflake forecasts second-quarter product revenue above estimates
May 21 (Reuters) - Snowflake SNOW.N forecast second-quarter product revenue above Wall Street expectations on Wednesday, benefiting from strong demand for its data analytics services as enterprises prioritize artificial intelligence spending.The company forecast revenue in the range of $1.035 billio...Reuters
Wed, May 21
South Africa's Ramaphosa: We want investments from US
WASHINGTON, May 21 (Reuters) - South African President Cyril Ramaphosa told reporters after his White House talks with President Donald Trump on Wednesday he told Trump that South Africa wants to boost its economy with investments from the United States.He said at a news conference an improving Sout...Reuters
Wed, May 21
MercadoLibre taps Ariel Szarfsztejn as new CEO as of 2026
SAO PAULO, May 21 (Reuters) - Latin American e-commerce giant MercadoLibre MELI.O said on Wednesday its board approved a leadership transition, with Chief Executive Marcos Galperin being replaced by current commerce head Ariel Szarfsztejn as of 2026.Galperin will move "to a more strategic role w...Reuters
Wed, May 21
Nissan Motor Nears Deal To buy EV Batteries In The US From A JV Between Ford Motor And South Korea’s SK On - Bloomberg News
May 21 (Reuters) - Nissan Motor Co Ltd 7201.T:NISSAN MOTOR NEARS DEAL TO PROCURE EV BATTERIES IN THE US FROM A JV BETWEEN FORD MOTOR AND SOUTH KOREA’S SK ON - BLOOMBERG NEWSSource text: https://tinyurl.com/3sntsm35Reuters
Wed, May 21
Google defeats Rumble’s antitrust lawsuit over video sharing market
By Mike Scarcella May 21 (Reuters) - Alphabet's GOOGL.O Google has persuaded a federal judge in California to reject a lawsuit from video platform Rumble RUM.O accusing the technology giant of illegally monopolizing the online video-sharing market.In a ruling on Wednesday, U.S. District Judge...Reuters
Wed, May 21
AT&T agrees to buy Lumen's consumer fiber business for $5.75 billion in cash
By Milana VinnMay 21 (Reuters) - AT&T T.N has clinched a deal to acquire Lumen Technologies' LUMN.N consumer fiber operations for $5.75 billion in cash, the companies said on Wednesday, as the wireless provider adds further scale to its national fiber footprint.Buying the unit will gain AT&a...Reuters
Wed, May 21
DOGE team assigned to review National Transportation Safety Board operations
By David Shepardson WASHINGTON, May 21 (Reuters) - Elon Musk’s Department of Government Efficiency initiative has recently assigned a team to review operations at the National Transportation Safety Board, a spokesperson for the NTSB confirmed on Wednesday.DOGE has been assigning teams to a number...Reuters
Wed, May 21
Deals of the day-Mergers and acquisitions
May 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday: ** OpenAI is buying Jony Ive's startup io Products in a $6.5 billion deal and will bring the chief designer of early iPhones on board as creative head to develop devices tailore...Reuters
Wed, May 21
urban-gro Inc expected to post a loss of 24 cents a share - Earnings Preview
urban-gro Inc UGRO.OQ UGRO.O is expected to show a fall in quarterly revenue when it reports results on May 23 (estimated) for the period ending June 30 2024The Lafayette Colorado-based company is expected to report a 4.7% decrease in revenue to $17.945 million from $18.84 million a year ago, acco...Reuters
Wed, May 21
Doping-Enhanced Games to launch in 2026, bucking global anti-doping norms
Enhanced Games to launch first edition in 2026Competition allows use of performance-enhancing substancesOrganizers tout 50m freestyle that exceeds official world recordBy Jorge Garcia and Arafat Barbakh LAS VEGAS, May 21 (Reuters) - The Enhanced Games have set their inaugural competition for May ...Reuters
Wed, May 21
Republican holdouts to huddle at White House over Trump's tax-cut bill
Republican hardliners concerned about spending cuts Bill could add $2 trillion to $5 trillion to US debtDemocrats argue bill favors wealthy, cuts social programsBy Bo Erickson and David Morgan WASHINGTON, May 21 (Reuters) - A handful of hardline U.S. House of Representatives Republicans, concerne...Reuters
Wed, May 21
UK's Johnson Matthey in talks to sell Catalyst Technologies unit
May 21 (Reuters) - Britain's Johnson Matthey JMAT.L said on Wednesday that it is in advanced discussions over a potential sale of its Catalyst Technologies division, confirming an earlier media report.Sky News first reported the development. The Financial Times separately reported that U.S. indu...Reuters
Wed, May 21
G7 finance leaders try to downplay tariff disputes, find consensus
G7 ministers seek to avoid repeat of 2018 'G6-plus-one' discordItaly's finance minister calls communique compromise 'crucial'G7 consensus on war in Ukraine, Russian oil price cap seen difficultBy Julia Payne and Christian Kraemer BANFF, Alberta, May 21 (Reuters) - Finance lead...Reuters
Wed, May 21
RBC sets up new AI team for capital markets unit
By Nivedita Balu TORONTO, May 21 (Reuters) - Royal Bank of Canada's RY.TO capital markets wing has established a new artificial intelligence and digital innovation team as it bets on AI to boost future growth, the Canadian lender told Reuters on Wednesday. The team, with hubs in New York, Tor...Reuters
Wed, May 21
Julian Assange open to political action as Cannes hosts documentary
WikiLeaks founder makes surprise showing at festival'The Six Billion Dollar Man' premieres at CannesDocumentary highlights Assange's extradition fight By Hanna Rantala and Miranda Murray CANNES, France, May 21 (Reuters) - WikiLeaks founder Julian Assange, who is at the Cannes Film Fes...Reuters
Wed, May 21
