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Italy's Golden Goose rules out IPO this year, sees limited impact from tariffs
MILAN, May 28 (Reuters) - Italian luxury sneaker maker Golden Goose still sees a market listing as an excellent opportunity but rules out an initial public offering this year and is leaving the door open to M&A options, its CEO told Reuters on Wednesday. "An IPO remains a very good opportuni...Reuters
Wed, May 28
Stocks
European stocks close lower as caution lingers on US trade policy progress
German import prices unexpectedly contractsGerman unemployment rises by more than expected in MayNvidia's earnings to release after the bellKingfisher down after Q1 resultsBy Nikhil Sharma and Purvi Agarwal May 28 (Reuters) - Europe's main stock index closed lower amid broader declines on...Reuters
Wed, May 28
Other
Termination notices for remaining Voice of America employees expected this week, Politico reports
WASHINGTON, May 28 (Reuters) - Termination notices are expected to go out to all remaining Voice of America employees this week, Politico reported on Wednesday, citing four unnamed VOA employees familiar with the situation.Reuters
Wed, May 28
Other
FhHFA Director Bill Pulte Says Fannie Mae And Freddie Mac Could Be Worth "Trillions Of Dollars"- CNBC Interview
May 28 (Reuters) - FHFA DIRECTOR BILL PULTE SAYS FANNIE MAE AND FREDDIE MAC COULD BE WORTH "TRILLIONS OF DOLLARS"- CNBC INTERVIEWFHFA DIRECTOR BILL PULTE SAYS I WOULD LIKE TO SEE RATES GET CUT, IT WOULD HELP THE HOUSING MARKETSource text: [ID:]Reuters
Wed, May 28
Commodities
US-authorized buyers of Venezuelan oil complete transactions as licenses expire
May 28 (Reuters) - Buyers of Venezuelan oil under U.S. licenses and authorizations have completed loadings and the vessels departed as a period granted by Washington to wind down transactions expired this week, according to shipping data and documents seen on Wednesday.Reuters
Wed, May 28
Stocks
Why Okta Stock Plunged on Wednesday
Cybersecurity specialist Okta (NASDAQ: OKTA) took a tumble Wednesday, falling 14.6% through noon ET. The crazy thing is, Okta's news looked pretty good.Wall Street anticipated Okta would report fiscal Q1 2026 profits of $0.77 per share, adjusted for one-time items, on sales of $680.1 million. In fac...The Motley Fool
Wed, May 28
Stocks
Fannie, Freddie OTC shares rise as Trump prepares to take firms public
By Medha Singh May 28 (Reuters) - Over-the-counter (OTC) shares of Fannie Mae and Freddie Mac rose on Wednesday after U.S. President Donald Trump said he was working on taking the housing giants public. "I am working on TAKING THESE AMAZING COMPANIES PUBLIC, but I want to be clear, the U.S. G...Reuters
Wed, May 28
Other
CORRECTED-Booking.com targeted as hotels plan Dutch damages claims over price clauses
By Foo Yun Chee BRUSSELS, May 28 (Reuters) - Booking.com could face Dutch damages claims running into millions of euros after 26 hotel associations across Europe said they would back their members in such litigation following an EU court judgment last year over its price curbs on hotels.Europe...Reuters
Wed, May 28
Commodities
OPEC+ adopts plan for 2027 baselines ahead of July output hike talks
OPEC+ met online on WednesdayEight OPEC+ members to meet on Saturday to decide on July outputFor an EXPLAINER on OPEC+ output cuts, By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW, May 28 (Reuters) - OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its...Reuters
Wed, May 28
Stocks
Why Heico Stock Is Up Today
Component manufacturer Heico (NYSE: HEI) delivered better-than-expected quarterly results. Investors are buying in, sending Heico shares up 7% as of 11 a.m. ET.Image source: Getty Images.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy ...The Motley Fool
Wed, May 28
Stocks
LIVE MARKETS-BofA clients edge out of equities for first time in 5 weeks
Main US indexes modestly redUtilities weakest S&P sector; Comm Svcs biggest gainerEuro STOXX 600 index falls ~0.6%Dollar rallies; crude up >2%; gold edges red; bitcoin down >2%US 10-Year Treasury yield rises to ~4.50%Welcome to the home for real-time coverage of markets brought to you by R...Reuters
Wed, May 28
Other
Russia says it is ready to present peace settlement memorandum to Ukraine on June 2 in Istanbul
MOSCOW, May 28 (Reuters) - Russia has proposed holding the next round of peace talks with Ukraine on June 2 in Istanbul, Foreign Minister Sergei Lavrov said on Wednesday."The Russian side, as agreed, has promptly developed a relevant memorandum, which sets out our position on all aspects of reli...Reuters
Wed, May 28
Commodities
German carmakers in talks with US over possible tariff deal, sources say
German carmakers hope to use US investments, exports as leverageThey propose getting credits for cars they export from US US is biggest export market for VW, BMW and Mercedes BERLIN, May 28 (Reuters) - Germany's leading automakers are in talks with Washington over a possible import tariff de...Reuters
Wed, May 28
Other
Chinese consumers travel and spend less, LVMH deupty CEO says
PARIS, May 28 (Reuters) - French luxury group LVMH LVMH.PA has noticed Chinese consumers have been travelling and spending less over the past three months, Deputy CEO Stephane Bianchi said on Wednesday. Demand in the United States, however, showed some first signs of a rebound, but as long as trade ...Reuters
Wed, May 28
