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EU's von der Leyen says common ground for Ukraine strengthened
BRUSSELS, Aug 13 (Reuters) - European Commission President Ursula von der Leyen said on Wednesday that Europe, the United States and NATO have strengthened their common ground for Ukraine."We have had a very good call," von der Leyen wrote on X after attending a virtual meeting with U.S. Pre...Reuters
Wed, Aug 13
Other
Zelenskiy says he warned Trump that Putin is 'bluffing'
KYIV, Aug 13 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Wednesday he hopes talks between Donald Trump and Vladimir Putin this week will centre on a ceasefire, and that he warned Trump that Putin was "bluffing" about his desire to end the war."I told the U.S. president an...Reuters
Wed, Aug 13
Other
Nato's Rutte after virtual meeting on Ukraine: united in ending "terrible war against Ukraine"
BRUSSELS, Aug 13 (Reuters) - Following a virtual summit, NATO Secretary-General Mark Rutte said on Wednesday that European leaders, U.S. President Donald Trump, and Ukrainian President Volodymyr Zelenskiy stand united in their resolve to bring an end to the war against Ukraine."The ball is now i...Reuters
Wed, Aug 13
Cryptocurrencies
CoinDesk owner Bullish shares indicated to open nearly 62% above IPO price in debut
Aug 13 (Reuters) - Bullish BLSH.N shares were indicated to open nearly 62% above the initial public offering price in their NYSE debut on Wednesday, potentially valuing the billionaire Peter Thiel-backed cryptocurrency exchange operator at $8.77 billion.Reuters
Wed, Aug 13
Economic Indicator
Brazil retail sales fall for third straight month as high interest rates bite
SAO PAULO, Aug 13 (Reuters) - Retail sales volumes in Brazil fell 0.1% in June from May, official data showed on Wednesday, marking a third consecutive monthly decline as restrictive monetary policy weighs on economic activity.Economists in a Reuters poll had expected an increase of 0.70% from the ...Reuters
Wed, Aug 13
Other
Tencent says US AI chip import situation unclear as governments negotiate
BEIJING, Aug 13 (Reuters) - Chinese tech giant Tencent 0700.HK said on Wednesday it lacks clarity on U.S. AI chip imports as Beijing and Washington continue negotiations, though the company maintains it has sufficient inventory for its AI operations."We don't really have a definitive answer ...Reuters
Wed, Aug 13
Other
Europe urged Trump to defend its security interests in Putin meet, Merz says
BERLIN, Aug 13 (Reuters) - German Chancellor Friedrich Merz said on Wednesday European leaders had urged U.S. President Donald Trump in a virtual meeting to work towards a peace in Ukraine that safeguarded European and Ukrainian security interests.Speaking ahead of a meeting on Friday between Trump ...Reuters
Wed, Aug 13
Economic Indicator
US crude stocks and distillate inventories rise, gasoline inventories fall - EIA
U.S. crude stocks and distillate inventories rose while gasoline inventories fell last week, the Energy Information Administration said on Wednesday.Crude inventories rose by 3 million barrels to 426.7 million barrels in the week ended August 8, the EIA said, compared with analysts' expectations...Reuters
Wed, Aug 13
Other
AT&T, T-Mobile settle US wireless patent cases before trial
By Blake Brittain Aug 13 (Reuters) - AT&T T.N and patent owner Headwater Research told a Texas federal court on Tuesday that they have settled Headwater's lawsuit accusing the telecom giant of violating its rights in wireless communications technology.The companies asked the court to paus...Reuters
Wed, Aug 13
Forex
EUR/CHF Price Forecast: Bulls eye breakout above 0.9430 as Swiss Franc under pressure on US tariff shock
The EUR/CHF cross is trading flat but remains resilient above the 0.9400 level on Wednesday, consolidating its recent gains after a strong rebound from the lower end of its multi-month trading range.
Fxstreet
Wed, Aug 13
Forex
FOREX-Dollar extends weakness as anticipation mounts of Fed interest rate cut
US inflation data in line with expectations adds to rate cut betsTrump considers lawsuit against Powell over renovationsBessent says could see series of Fed rate cuts - Bloomberg interviewBy Saqib Iqbal Ahmed and Joice Alves NEW YORK, Aug 13 (Reuters) - The dollar fell for a second straight sessi...Reuters
Wed, Aug 13
Stocks
Marex Group Q2 Profit Rises 16 Percent
Marex Group(NASDAQ:MRX) released its Q2 2025 results on August 13, 2025, highlighting an 18% year-over-year revenue increase to $500 million and adjusted profit before tax (PBT) of $106 million, up 16% year-over-year. Management emphasized margin expansion, rapid growth in agency and execution, with...The Motley Fool
Wed, Aug 13
Stocks
Hudbay sells 30% stake in copper project to Mitsubishi for $600 million; shares rise
** Shares of copper miner Hudbay Minerals HBM.TO rise 18% to C$16.01** Company sells 30% stake in copper project located in Arizona to Mitsubishi 8058.T for $600 million** Deal consists of $420 million in cash for 30% equity interest in the Copper World project at closing, and $180 million within 18...Reuters
Wed, Aug 13
Other
World Insurance buys Texas-based Abacus Insurance
By Ashish TiwariAug 13 - (The Insurer) - World Insurance Associates has acquired the business of Abacus Insurance and Financial Services, an Irving, Texas-based agency specializing in hotel, motel and convenience store coverage, the insurance broker said on Tuesday.The deal, completed on April 1, sc...Reuters
Wed, Aug 13
Stocks
Roth MKM downgrades APA Corp to 'neutral', cuts PT
** Roth MKM cuts rating on oil and gas producer APA Corp APA.O to "neutral" from "buy", lowers price target by 4% to $22** Still, the new price target represents a 7.6% upside to the stock's last close ** Brokerage is concerned that global oil prices are going even lower; sees ri...Reuters
Wed, Aug 13
Stocks
Performance Food Group Hits Record Sales
Performance Food Group Company(NYSE:PFGC) reported fourth-quarter earnings for fiscal 2025 (ended June 28, 2025) on August 13, delivering net sales growth of 11.5% year-over-year in the fourth quarter of fiscal 2025, surpassing $63 billion in annual revenue for fiscal 2025, and a 19.9% year-over-yea...The Motley Fool
Wed, Aug 13
Stocks
LIVE MARKETS-Wall Street gets boost from rate cut prospects
US equity indexes green; Dow up the most at ~0.7%Healthcare leads S&P sector gainers; Staples weakest groupEuro STOXX 600 index up ~0.6%Dollar, crude down, gold gains; bitcoin up >1%US 10-year Treasury yield falls to ~4.24%Welcome to the home for real-time coverage of markets brought to you b...Reuters
Wed, Aug 13
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