News
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Stocks
Owens & Minor rises after Rotech Healthcare deal termination
** Shares of medical supplies distributor Owens & Minor OMI.N rise 26.6% to $8.43 ** OMI says it has mutually agreed with medical equipment firm Rotech Healthcare Holdings to terminate a previously announced acquisition** Under the terms of the merger agreement, OMI has paid $80 million to Rote...Reuters
Thu, Jun 5
Other
Equatorial Guinea on travel ban for visa overstays, US official says
June 5 (Reuters) - The Trump administration has banned citizens from the African nation of Equatorial Guinea from entering the United States on account of the high number of nationals overstaying their visas, the U.S. ambassador said on Thursday.Equatorial Guinea is among seven African countries on ...Reuters
Thu, Jun 5
Stocks
LIVE MARKETS-US stocks step back, but defense shares attempt to continue to gear up
Main US indexes down modestlyStaples weakest S&P sector; Comm Svcs sole gainerEuro STOXX 600 index off ~0.2%; ECB cuts 25 bpsDollar down; bitcoin slips; gold ~flat; crude up ~1.5%US 10-Year Treasury yield edges down to ~4.35%Welcome to the home for real-time coverage of markets brought to you by...Reuters
Thu, Jun 5
Other
US Supreme Court backs Catholic group's bid for Wisconsin unemployment tax exemption
Lower court ruled against Catholic diocese organizationTrump administration backed Catholic group's appealBy John Kruzel WASHINGTON, June 5 (Reuters) - The U.S. Supreme Court on Thursday backed a bid by an arm of a Catholic diocese in Wisconsin for a religious exemption from the state's u...Reuters
Thu, Jun 5
Forex
EUR/USD climbs to six-week high as ECB cuts interest rates, US Jobless Claims disappoint
The Euro (EUR) edges higher against the US Dollar (USD) on Thursday, following choppy price action, as traders react to the European Central Bank’s (ECB) widely expected interest rate cut and disappointing US Initial Jobless Claims, which weigh on the Greenback.
Fxstreet
Thu, Jun 5
Stocks
JPMORGAN CEO Of Asset And Wealth Says We're Going To Have Inflation But The US Consumer Is Fine
June 5 (Reuters) - JPMorgan Chase & Co JPM.N:JPMORGAN CEO OF ASSET AND WEALTH MANAGEMENT MARY ERDOES SAYS WE'RE GOING TO HAVE INFLATION BUT THE US CONSUMER IS FINEJPMORGAN EXEC SAYS WE'RE NOT SEEING STRESSES IN THE US CONSUMER ANYWHERE, WHICH IS REMARKABLEReuters
Thu, Jun 5
Commodities
Mali hearing on Barrick's Loulo-Gounkoto complex adjourned to June 12
BAMAKO, June 5 (Reuters) - A Malian court adjourned until June 12 a hearing on whether to put Barrick Mining's ABX.TO Loulo-Gounkoto gold mining complex under provisional administration, a judge said on Thursday.Reuters
Thu, Jun 5
Other
Supreme Court spares US gun companies from Mexico's lawsuit
Gun companies said suit was barred by a 2005 US lawMexico decries trafficking of US guns to drug cartelsBy John Kruzel WASHINGTON, June 5 (Reuters) - The U.S. Supreme Court on Thursday spared two American gun companies from a lawsuit by Mexico's government accusing them of aiding illegal fire...Reuters
Thu, Jun 5
Commodities
Silver surges past $35/oz level to hit a more than 13-year high
Silver has gained 24% so far in 2025Gold-silver ratio dropped to 94 from 105 in AprilSilver faces fifth year of structural market deficitDemand as industrial material could lift price to $40 or $50/ozBy Anushree Mukherjee June 5 (Reuters) - Silver has soared to the key milestone of $35 per ounce,...Reuters
Thu, Jun 5
Economic Indicator
Canada's Ivey PMI shows activity contracting for a second straight month in May
TORONTO, June 5 (Reuters) - Canadian economic activity contracted for a second straight month in May even as a measure of employment increased, Ivey Purchasing Managers Index (PMI) data showed on Thursday.The seasonally adjusted index edged up to 48.9 last month from 47.9 in April. A reading below 5...Reuters
Thu, Jun 5
Economic Indicator
Canada's April trade deficit widens to historic high as tariffs cripple exports
April trade deficit at C$7.1 billion as exports drop 10.8%Record deficit driven by plunge in U.S. exportsU.S. exports drop 15.7%, third monthly decline in a rowExports to the rest of the world, barring U.S., up 2.9% By Promit Mukherjee OTTAWA, June 5 (Reuters) - Canada's trade deficit in Apri...Reuters
Thu, Jun 5
Stocks
INTRODUCING THE STAR OF STAR OF THE SEAS: ROYAL CARIBBEAN NAMES DIANA ROSS GODMOTHER
Diana Ross will take center stage as the godmother of the ultimate family vacation coming August 2025 MIAMI, June 5, 2025 /PRNewswire/ -- The ultimate family vacation is getting ready to set sail, and a star-studded godmother is leading the way. Royal Caribbean has announced musical icon Dia...PR Newswire
Thu, Jun 5
Other
FACTBOX-UK Market Exodus: Companies that have moved away from a London listing
June 5 (Reuters) - British money transfer firm Wise WISEa.L became the latest UK listed firm on Thursday to say that it intends to move its primary listing to the U.S. from London. A growing number of companies have shelved or shifted plans to list in London, due to investor pushback and Brexit-rela...Reuters
Thu, Jun 5
Other
EU a 'reliable partner' for digital cooperation amid turbulence, tech chief says
By Isabelle Yr Carlsson and Milan StrahmBRUSSELS, June 5 (Reuters) - The European Union will work with international partners to boost its competitiveness and promote a rules-based global digital order, EU tech chief Henna Virkkunen said on Thursday, a move aimed at offsetting turbulent ties with th...Reuters
Thu, Jun 5
Economic Indicator
US trade deficit narrows sharply in April; imports post record drop
Imports decrease by record 16.3%, exports hit all-time highTrade deficit contraction may boost GDP, depends on inventoriesImport front-loading ahead of tariffs probably not over, economists sayWASHINGTON, June 5 (Reuters) - The U.S. trade deficit narrowed sharply in April, with imports decreasing by...Reuters
Thu, Jun 5
Other
US Supreme Court revives straight woman's 'reverse' discrimination case
Woman claimed workplace bias because she is heterosexualLower courts ruled against plaintiff in bias lawsuitCase implicates "reverse" discrimination suitsBy Andrew Chung WASHINGTON, June 5 (Reuters) - The U.S. Supreme Court made it easier on Thursday for people from majority backgrounds s...Reuters
Thu, Jun 5
Economic Indicator
Euro zone bond yields rise as ECB signals rate cuts nearly done
By Linda Pasquini and Samuel Indyk June 5 (Reuters) - Euro zone bond yields turned higher on Thursday after European Central Bank chief Christine Lagarde hinted that the easing cycle could be coming to an end, after its eighth rate cut since June last year. The ECB lowered its deposit rat...Reuters
Thu, Jun 5
Stocks
Life Time falls after $590 mln secondary offering
** Life Time Group's LTH.N shares down 2.7% to $29.06 early Thurs after fitness chain operator announces pricing of secondary offering resulting in gross proceeds of $590 mln** Offering priced at $29.50, which represents 1.2% discount to stock's last close** Buyout firms Leonard Green & ...Reuters
Thu, Jun 5
Stocks
Scinai more than doubles after Italian approval for biotech acquisition
** U.S.-listed shares of Scinai Immunotherapeutics 2F5y.F, SCNI.O rise 104% to $5.15** Stock set for its best day on record, if gains hold** Co says it received Italian government's clearance to potentially acquire Italian biotech firm Pincell, which is developing novel antibody to treat severe ...Reuters
Thu, Jun 5
