News
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Commodities
EU wheat eases further from one-month high
PARIS/HAMBURG, May 23 (Reuters) - European wheat futures fell for a second session on Friday, moving further from a one-month high as a backdrop of ample supplies and tepid export demand hung over the market.Benchmark September milling wheat BL2U5 on Paris-based Euronext was down 1.1% at 207.00 euro...Reuters
Fri, May 23
Commodities
US Cash Grains-Spot soybean basis mostly steady-firm at crush plants, elevator bids flat
CHICAGO, May 23 (Reuters) - Spot soybean basis bids were mostly steady to higher at U.S. Midwest to processing plants on Friday and unchanged at interior elevators and river terminals as futures retreated ahead of the long Memorial Day holiday weekend, grain merchants said.A large soy processor in D...Reuters
Fri, May 23
Other
Senior cognac industry official slams latest Trump tariff proposal on EU
PARIS, May 23 (Reuters) - A senior cognac industry official slammed on Friday U.S. President Donald Trump's latest tariffs proposal for the European Union (EU), saying it would put the cognac industry in an untenable position.On Friday, Trump recommended a 50% tariff on European Union goods star...Reuters
Fri, May 23
Other
JPMorgan expands tech team with four veteran bankers from BofA, Goldman, Lazard
JPMorgan hires four veteran bankers from Goldman, BofA, LazardNew hires to strengthen technology investment banking teamTech sector remains robust amid trade tensions, driving M&A activityBy Milana Vinn May 23 - JPMorgan JPM.N is expanding its technology team in the investment bank with four ...Reuters
Fri, May 23
Other
Cycling-Unstoppable Pedersen pips Van Aert to win Giro stage 13, Del Toro extends lead
Pedersen wins fourth 2025 Giro stagePedersen beats Van Aert to the line in uphill sprintDel Toro extends lead to retain pink jerseyMay 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 li...Reuters
Fri, May 23
Other
Ukraine says it hit Russian battery plant which supplied missile producers
KYIV, May 23 (Reuters) - Ukraine's military general staff said on Friday that it had hit a Russian battery-manufacturing facility in Lipetsk region which it said supplied Russia's missile and bomb manufacturers.In a statement on Telegram, the general staff said it had hit the Energiya plant ...Reuters
Fri, May 23
Stocks
US STOCKS-Wall St falls after Trump threatens steep tariffs on EU, Apple
Indexes down: Dow 0.79%, S&P 500 0.94%, Nasdaq 1.2%Trump announces 25% tariffs on iPhones not made in USWall Street's 'fear gauge' spikes to over two-week highBy Shashwat Chauhan and Kanchana Chakravarty May 23 (Reuters) - Wall Street's main indexes slumped on Friday after U.S...Reuters
Fri, May 23
Other
US ambassador to Turkey will serve as special envoy to Syria
WASHINGTON, May 23 (Reuters) - Tom Barrack, the U.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 country.Barrack said in a post on X that he would support U.S. Secretary of State Marco Rubio in rem...Reuters
Fri, May 23
Other
PREVIEW-Exxon, Hess to face off over Chevron deal for oilfield riches
Arbitration tribunal under ICC to analyze dispute in confidential hearing in LondonChevron acquisition of Hess hangs in the balanceResolution expected by end of third quarter, faster than typical ICC arbitrationBy Sheila Dang HOUSTON, May 23 (Reuters) - Top U.S. oil producer Exxon Mobil XOM.N and...Reuters
Fri, May 23
Stocks
Building a Passive Income Stream: 3 Top Dividend ETFs for Long-Term Returns
There are dozens of excellent low-cost index funds that pay dividends and could be great choices for long-term investors. However, a few stand out as particularly good combinations of income, long-term total return potential, and truly passive set-it-and-forget-it qualities.Most of my favorite incom...The Motley Fool
Fri, May 23
Other
Iran says nuclear talks show potential following proposals by Oman
May 23 (Reuters) - Iranian Foreign Minister Abbas Araqchi said on Friday there was potential for progess in nuclear negotiations with the U.S. after mediator Oman made several proposals, adding that the talks were complicated and more discussions were needed."We've just completed one of the ...Reuters
Fri, May 23
Stocks
Gold miners gain amid renewed tariff threats and a weak US dollar
** Shares of gold miners rise, tracking gains in bullion prices GOL/** Spot gold XAU= up ~2% at $3,357.71/ounce** Gold prices rise on a weaker U.S. dollar and renewed tariff threats from U.S. President Donald Trump** A weaker U.S. dollar makes the greenback-priced gold cheaper for holders of other c...Reuters
Fri, May 23
Other
Airbus appoints new technology head in research shake-up
Airbus names Remi Maillard Head of Technology and EVP Engineering Commercial AircraftNames Sabine Klauke head of Digital Design Manufacturing and ServicesTechnology role no longer sits on main C-suite committee, memo showsAirbus working on technologies for new civil jetlinerBy Tim Hepher PARIS, M...Reuters
Fri, May 23
Economic Indicator
Bund yields drop, markets boost bets on ECB rate cuts after Trump's EU tariff plan
By Stefano Rebaudo and Linda Pasquini May 23 (Reuters) - Euro area government bond yields fell sharply and traders boosted bets on European Central Bank rate cuts on Friday after U.S. President Donald Trump said he was recommending a 50% tariff on goods from the European Union starting on June 1....Reuters
Fri, May 23
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
