News
Important Only
Other
Tennis-Gauff forgets rackets before finding groove for winning French Open start
By Shrivathsa SridharPARIS, May 27 (Reuters) - Second seed Coco Gauff forgot to bring her rackets to the court but reminded her rivals of her French Open title ambitions with a thumping 6-2 6-2 win over unseeded Australian Olivia Gadecki in the opening round on Tuesday.The American former runner-up ...Reuters
Tue, May 27
Stocks
LIVE MARKETS-S&P 500 index posed to take a leap after Trump tariff reprieve
U.S. equity index futures green; All up >1%Apr durable goods -6.3% vs -7.8% estimateApr durable goods ex-transports 0.2% vs -0.1% estimateEuro STOXX 600 index up ~0.4%Dollar up; bitcoin ~flat; crude slips; gold slides >1%U.S. 10-Year Treasury yield falls to ~4.47%Welcome to the home for real-t...Reuters
Tue, May 27
Other
Tvardi Therapeutics Announces Completion of Enrollment in Phase 2 Clinical Trial of TTI-101 in Idiopathic Pulmonary Fibrosis
May 27 (Reuters) - Tvardi Therapeutics Inc TVRD.O:TVARDI THERAPEUTICS ANNOUNCES COMPLETION OF ENROLLMENT IN PHASE 2 CLINICAL TRIAL OF TTI-101 IN IDIOPATHIC PULMONARY FIBROSISTVARDI THERAPEUTICS INC - TOPLINE DATA FROM REVERT IPF TRIAL EXPECTED IN Q4 2025Reuters
Tue, May 27
Other
BAT Evaluating Possible Disposal Of Part Of ITC Stake
May 27 (Reuters) - British American Tobacco PLC BATS.L:BRITISH AMER.TOBACCO - RESPONSE TO RECENT SPECULATIONBRITISH AMERICAN TOBACCO PLC - BAT EVALUATING POSSIBLE DISPOSAL OF PART OF ITC SHAREHOLDINGBRITISH AMERICAN TOBACCO PLC - BAT CONSIDERING ON-MARKET TRADE FOR ITC SHAREHOLDINGReuters
Tue, May 27
Other
Tennis-Zverev cruises into French Open round two
PARIS, May 27 (Reuters) - Last year's runner-up Alexander Zverev cantered into the second round of the French Open with a dominant 6-3 6-3 6-4 victory over American Learner Tien on Tuesday.The German third seed, still chasing an elusive maiden Grand Slam title, broke once in each set to advance ...Reuters
Tue, May 27
Stocks
Savara plunges after FDA refuses to accept application for lung disease drug
** Shares of drugmaker Savara SVRA.O fall 34.86% to $1.85 premarket** Co receives FDA's 'Refusal to File' (RTF) letter for its application for its therapy Molbreevi to treat patients with autoimmune PAP, a rare lung disease** Upon preliminary review, the FDA says it determined that co...Reuters
Tue, May 27
Stocks
US STOCKS-Wall St set to open sharply higher after long weekend on Trump's trade reprieve
Futures rise: Dow 1.27%, S&P 500 1.38%, Nasdaq 1.49%Temu-parent PDD Holdings falls on quarterly revenue missNvidia gains ahead of quarterly earnings due on WednesdayBy Shashwat Chauhan and Kanchana Chakravarty May 27 (Reuters) - Wall Street was poised for a strong open on Tuesday after U....Reuters
Tue, May 27
Other
ImmunityBio, Saudi Arabia’s Ministry of Investment, KFSHRC, and KAIMRC Sign Strategic Memorandum of Understanding
May 27 (Reuters) - Immunitybio Inc IBRX.O:IMMUNITYBIO, SAUDI ARABIA’S MINISTRY OF INVESTMENT, KFSHRC, AND KAIMRC SIGN STRATEGIC MEMORANDUM OF UNDERSTANDING TO LAUNCH CANCER BIOSHIELD™ PLATFORM IN THE MIDDLE EASTReuters
Tue, May 27
Stocks
NYSE Content Advisory: Pre-Market update + Hinge Health, MNTN rise in their first full day of trade
NEW YORK, May 27, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on May 27t...PR Newswire
Tue, May 27
Cryptocurrencies
Solana Eyes 100x Speed Leap — If It Dares To Kill Proof Of History
Solana, the blockchain that built its brand on a cryptographic stopwatch called Proof of History, is preparing to discard that mechanism in favour of a radically simpler design dubbed “Alpenglow.” Revealed in a 35-minute technical post by infrastructure firm Helius on May 26, the proposal claims not...Bitcoinist
Tue, May 27
Forex
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.2% lower at C$1.3763 to the greenback, or 72.66 U.S. cents, after trading in a range of 1.3723 to 1.3774.Canadian government 10-year bond yields CA10YT=RR ...Reuters
Tue, May 27
Other
INSIGHT-India and Pakistan's drone battles mark new arms race in Asia
India and Pakistan to invest large sums in drones after recent fightingDelhi works with domestic players while Islamabad collaborates with China and TurkeyUAVs used by both sides to apply pressure without significant escalationDependence on China supply chain a concern, some Indian officials and exe...Reuters
Tue, May 27
Economic Indicator
AfDB cuts Africa's 2025 growth forecast on trade tariffs uncertainty
NAIROBI, May 27 (Reuters) - Africa's economic output is expected to grow by 3.9% this year, the African Development Bank said in its annual African Economic Outlook report on Tuesday, quickening from last year's pace of 3.3%.However, this year's forecast - which covers economies of all i...Reuters
Tue, May 27
Stocks
COLUMN-Historic dollar fall needed to eliminate US trade deficit: McGeever
By Jamie McGeeverORLANDO, Florida, May 27 (Reuters) - If the United States is to significantly reduce or, whisper it, eliminate its trade deficit, the dollar will probably have to weaken a lot. How much is unclear, though, as history shows large dollar declines are rare and have unpredictable conseq...Reuters
Tue, May 27
Other
Xiaomi reports record first-quarter revenue as it launches new electric SUV
By Che Pan and Brenda Goh BEIJING, May 27 (Reuters) - China's Xiaomi 1810.HK on Tuesday reported record first-quarter revenue and profit, as the company said its ongoing shift towards higher-end products from smartphones to home appliances was already paying off.Revenue for the quarter ended...Reuters
Tue, May 27
Other
Salesforce Signs Definitive Agreement To Acquire Informatica
May 27 (Reuters) - Salesforce Inc CRM.N:SALESFORCE SIGNS DEFINITIVE AGREEMENT TO ACQUIRE INFORMATICASALESFORCE INC - TO BUY INFORMATICA FOR ABOUT $8 BILLION IN EQUITY VALUESALESFORCE INC - INFORMATICA SHAREHOLDERS TO RECEIVE $25 IN CASH PER SHARESALESFORCE INC - DEAL TO BE FUNDED THROUGH CASH AND NE...Reuters
Tue, May 27
