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Cryptocurrencies
BitGo credits bankrupt FTX creditors payouts
Crypto custodian BitGo has started crediting FTX customers in the second phase of repayments by the bankrupt company. FTX creditor champion Sunil Kavuri disclosed this on X, adding that claims below $50,000 get 120% of their value, with the 20% being interest. According to Kavuri, the repayments have started reflecting in the accounts of those […]Cryptopolitan
Tue, May 27
Commodities
Brazil government renews tariffs, quotas on steel products
SAO PAULO, May 27 (Reuters) - Brazil's government on Tuesday decided to renew 25% tariffs initially imposed last year on 19 steel products, while also expanding the trade defense measure to other four, Brazil's Ministry of Development, Industry, Trade and Services said in a statement.The dec...Reuters
Tue, May 27
Other
WRAPUP 2-Tennis-Gauff finds groove after forgetting rackets, Medvedev exits French Open
American Gauff shrugs off gaffe to go past GadeckiMedvedev falls to Norrie, Zverev makes solid startDjokovic overcomes wind and rain to make round twoMonfils raises the roof with late night fightbackBy Shrivathsa SridharPARIS, May 27 (Reuters) - Coco Gauff forgot to take her rackets to the court but...Reuters
Tue, May 27
Other
GM to invest $888 million for engine production at New York facility
By Kalea Hall DETROIT, May 27 (Reuters) - General Motors GM.N is investing $888 million at a New York propulsion plant to increase engine production and build a next-generation V8, the company said on Tuesday.The investment at the Tonawanda propulsion plant in Buffalo, New York, first reported by...Reuters
Tue, May 27
Other
Trump to pardon reality TV's Todd and Julie Chrisley after tax evasion conviction
May 27 (Reuters) - U.S. President Donald Trump on Tuesday said he will pardon Todd and Julie Chrisley, stars of the reality TV show "Chrisley Knows Best" who in 2022 were found guilty of federal charges of tax evasion and conspiring to swindle community banks.The Chrisley family has implored...Reuters
Tue, May 27
Other
Brazil's BTG Pactual buys assets from Banco Master's controlling shareholder
SAO PAULO, May 27 (Reuters) - Brazilian investment bank BTG Pactual BPAC11.SA has agreed to buy assets from lender Banco Master's controller Daniel Vorcaro, it said in a securities filing on Tuesday, including real estate, stocks and credit rights.The deal, which is seen at about 1.5 billion rea...Reuters
Tue, May 27
Cryptocurrencies
Crypto card provider terminates services in Ukraine
Payment card issuer Weld Money is joining other crypto firms quitting business in Ukraine as a result of military restrictions and regulatory uncertainty in the invaded nation. The Ukrainian fintech urged customers to withdraw all their funds from its platform as it’s preparing to wrap up operations in the coming weeks after alleged disruptions in […]Cryptopolitan
Tue, May 27
Other
CenterPoint increases capital plan to $52.5 billion amid rising data center demand
May 27 (Reuters) - CenterPoint Energy CNP.N on Tuesday increased its 10-year capital expenditure plan to $52.5 billion through 2030, up from $48.5 billion, to cater to anticipated demand from artificial intelligence data centers, the utility said on Tuesday.U.S. power companies are significantly inc...Reuters
Tue, May 27
Other
Definity inks C$3.3 billion all cash deal to acquire majority of Travelers Canada
By Chris MunroMay 27 - (The Insurer) - Definity Financial Corporation has agreed a definitive C$3.3 billion ($2.4 billion) cash deal to acquire all but the surety unit of Travelers Canada in a deal that would establish the Waterloo, Ontario-based insurer as the country’s fourth largest P&C carri...Reuters
Tue, May 27
Stocks
Why AI Stock CoreWeave Surged 21% Higher Today
Two pieces of encouraging news obscured a negative development with CoreWeave (NASDAQ: CRWV) stock on Tuesday. Ultimately, investors decided to latch on to the affirmative, as they drove the stock nearly 21% higher in price. That absolutely crushed the S&P 500 index's (SNPINDEX: ^GSPC) otherwise imp...The Motley Fool
Tue, May 27
Stocks
Why WeRide Stock Soared Today
Shares of WeRide (NASDAQ: WRD) flew higher on Tuesday. The company's stock spiked 18.2% as of market close. The jump comes as the S&P 500 rose 2%, and the Nasdaq Composite rose 2.4%.The autonomous driving company's stock jumped after it announced its expansion into Saudi Arabia.Where to invest $1,00...The Motley Fool
Tue, May 27
Forex
NZD/JPY Price Forecast: Climbs higher but bulls struggle to clear 86.00 resistance
NZD/JPY extended its rally for the third consecutive day on Tuesday, rose a slim 0.17%, but failed to clear key resistance seen at the Kijun-Sen at 85.92 to challenge the 86.00 figure. As Wednesday’s Asian session begins, the cross-pair trades at 85.81 virtually unchanged.
Fxstreet
Tue, May 27
Other
Palestinians rush US-backed aid centre despite concerns over checks
US-backed Gaza Humanitarian Foundation says it has begun deliveries amid signs of famineHamas says Israel using new aid mechanism to gather intelligenceUnited Nations agencies boycott new aid operationBy Nidal al-Mughrabi CAIRO, May 27 (Reuters) - Thousands of Palestinians on Tuesday rushed an ai...Reuters
Tue, May 27
Other
Sun Valley Investments AG Announces Application To Launch Public Offer For Shares Of Mineros S.A.
May 27 (Reuters) - Mineros SA MAS.CN:SUN VALLEY INVESTMENTS AG ANNOUNCES APPLICATION TO LAUNCH PUBLIC OFFER FOR SHARES OF MINEROS S.A.SUN VALLEY INVESTMENTS: TOTAL CONSIDERATION PAID FOR MINEROS SA'S COMMON SHARES TO BE MINIMUM OF ABOUT C$43.5 MILLION TO MAXIMUM OF ABOUT C$59.8 MILLIONReuters
Tue, May 27
Cryptocurrencies
XRP Price Could Reach $74 With 3rd Wave Breakout, Here’s The Timeline
XRP’s price action in the past 24 hours has been highlighted by a retracement towards support at $2.28 that has appeared in recent days. However, the XRP price action looks strong on the higher timeframes, particularly the six-month chart, where technical analysis indicates that a much larger ...Bitcoinist
Tue, May 27
Stocks
China Airlines Launches Digital Booking on WebCargo by Freightos®, Digitalizing Key Global Trade Lanes
Integration brings instant digital pricing and booking to one of the world's largest cargo carriers on critical Asia-Europe-Americas routes, at a time when these routes are grappling with uncertainty BARCELONA, Spain, May 28, 2025 /PRNewswire/ -- Freightos (NASDAQ: CRGO), the leading digital frei...PR Newswire
Tue, May 27
Cryptocurrencies
Best Altcoin to Invest in Now: Top 3 Cryptocurrencies the Smartest Investors Are Adding to Their Portfolios
As the crypto market gears up for what many analysts expect to be a historic bull run in 2025, smart investors are zeroing in on a select group of altcoins with the highest upside potential. At the top of the list is Solana (SOL), praised for its lightning-fast transactions and scalable blockchain infrastructure. Ripple (XRP) […]Cryptopolitan
Tue, May 27
