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Stocks
South African rand boosted by gold, focus on rate decision next week
By Sfundo Parakozov JOHANNESBURG, May 23 (Reuters) - South Africa's commodity-backed currency was stronger against a weaker dollar on Friday, helped by higher gold prices as worries over the United States' worsening fiscal health sent investors into the safe-haven asset.At 1513 GMT, the ...Reuters
Fri, May 23
Commodities
Platinum rockets to two-year high on strong Chinese demand, tightening supply
Break of $1,000/oz psychological level spurs speculative buyingSpot platinum hits highest level since May 2023By Anushree Mukherjee and Polina Devitt May 23 (Reuters) - Platinum prices surged to a two-year high on Friday, propelled by a sharp rise in Chinese imports, persistent supply concerns, a...Reuters
Fri, May 23
Other
Harvard's foreign students in limbo after Trump administration revokes their enrollment
Harvard has sued Trump administration over the decisionThousands wait to see if they can continue studying at HarvardSome students facing delays in visa applicationsUK, Ireland see uptick in applications from US studentsBy Sam Tabahriti and Charlotte Van Campenhout LONDON/AMSTERDAM, May 23 (Reute...Reuters
Fri, May 23
Commodities
TSR becomes latest agency to forecast above-average hurricane season
By Scott VincentMay 23 - (The Insurer) - London-based Tropical Storm Risk has become the latest forecaster to predict above-average activity during this year’s Atlantic hurricane season, which officially begins on June 1. TSR said on Friday that it expects activity to be around 25% above the 1991-2...Reuters
Fri, May 23
Commodities
Panama to reinforce controls for ship-to-ship transfers by flagged vessels, authority says
PANAMA CITY, May 23 (Reuters) - Panama's Maritime Authority said on Friday it will reinforce controls for ship-to-ship operations by Panama-flagged vessels, following an increase in the use of dark-fleet tankers to skirt sanctions or evade environmental requirements.Reuters
Fri, May 23
Cryptocurrencies
Ethics concerns mount over Grok AI’s role in U.S. government
Elon Musk’s Department of Government Efficiency (DOGE) has quietly rolled out an adapted version of his Grok AI chatbot across federal agencies, raising alarms about potential privacy breaches and conflicts of interest. Reuters cited three sources inside DOGE saying the team has been using Grok to sift through and analyze sensitive government data, generating reports […]Cryptopolitan
Fri, May 23
Other
Putin says he seeks Russian arms exports boost
MOSCOW, May 23 (Reuters) - President Vladimir Putin said on Friday that Russia needs to strengthen its position in the global arms market by increasing exports of weapons.In televised remarks, he also said that country's military complex needs more state support to develop its potential.Reuters
Fri, May 23
Other
Skyward Specialty shares trade 13% higher since Q1 results release
By Carlos PallordetMay 23 - (The Insurer) – Skyward Specialty's stock increased 9.4% the day after it announced its first-quarter results on May 1.The reaction came after the insurer reported $1.01 in adjusted diluted operating income per share, surpassing analysts’ consensus estimate of $0.77 a...Reuters
Fri, May 23
Other
Cycling-Unstoppable Pedersen beats Van Aert in uphill sprint to win Giro stage 13
May 23 (Reuters) - Mads Pedersen won his fourth stage of the 2025 Giro d'Italia when he sprinted to victory on Friday's stage 13, beating Wout van Aert to the line while Isaac del Toro maintained his overall lead to retain the pink jersey.As the riders neared the finish of the 180 km ride fr...Reuters
Fri, May 23
Stocks
3 Reasons to Buy Amazon Stock Like There's No Tomorrow
The S&P 500 is making its way back up from a tariff-included plummet, but not all of its stocks are doing as well. Amazon (NASDAQ: AMZN) stock is down 8% year-to-date on May 22, as investors continue to worry about how the company will be affected by tariffs.CEO Andy Jassy addressed how the company ...The Motley Fool
Fri, May 23
Other
US ambassador to Turkey will serve as special envoy to Syria
WASHINGTON, May 23 (Reuters) - Tom Barrack, the U.S.'s ambassador to Turkey, said on Friday he has assumed the role of special envoy to Syria, as the Trump administration moves to lift sanctions on the Middle Eastern country."The cessation of sanctions against Syria will preserve the integri...Reuters
Fri, May 23
Commodities
NOAA forecasts above-normal hurricane activity for 2025 Atlantic season
By Mia MacGregorMay 23 - (The Insurer) - The National Oceanic and Atmospheric Administration’s National Weather Service has predicted above-normal hurricane activity in the Atlantic basin for the 2025 season. NOAA's outlook, covering the period from June 1 to November 30, anticipates a 60% chanc...Reuters
Fri, May 23
Other
S&P upgrades QBE's credit rating to A
By Navneeta NandanMay 23 - (The Insurer) - S&P Global Ratings has upgraded QBE Insurance Group’s issuer credit rating to A from A-minus and updated the rating on its core operating entities to AA-minus from A-plus.It also raised the long-term issue credit ratings on the Australian insurer’s capi...Reuters
Fri, May 23
Other
Fitzgerald: WIA’s integration strategy 'big competitive advantage' with IPO on horizon
By James ThalerMay 23 - (The Insurer) - World Insurance Associates president Tom Fitzgerald said the retail broker is looking to acquire $70 million of Ebitda and hire 200 producers in 2025, arguing its regional footprint, product mix and integrated model are advantages ahead of a potential initial ...Reuters
Fri, May 23
Stocks
Guardian Pharmacy falls after shareholders trim stake in public offering
** Guardian Pharmacy Services' GRDN.N shares fall as much as 4.8%; last down 3.6% at $21.78** Pharmacy services firm late Thursday announced pricing of its stock offering of 7.5 million shares at $21 apiece** Offering priced at 7% discount to stock's last close** Selling stockholders includi...Reuters
Fri, May 23
