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US senator accuses Turkey's Erdogan of democratic backsliding over jailing of rival
By Simon Lewis WASHINGTON, May 22 (Reuters) - Turkey's authorities should present credible evidence of corruption against Istanbul's jailed mayor or immediately release him, U.S. Senator Adam Schiff said on Thursday as he urged his colleagues to back a resolution calling out President Tay...Reuters
Thu, May 22
Forex
IMF says it stands ready to provide Syria with technical assistance
LONDON, May 22 (Reuters) - The International Monetary Fund (IMF) said on Thursday it was ready to provide Syria with technical support after the United States and the European Union announced a lifting of sanctions on the country."Our staff are preparing to support the international community...Reuters
Thu, May 22
Other
US Treasuries sell-off remains orderly, IMF says
NEW YORK, May 22 (Reuters) - The U.S. Treasury market remains orderly and U.S. government bonds remain liquid safe-haven assets, a spokesperson at the International Monetary Fund said on Thursday, adding the Fund was monitoring tax plans taking shape in Congress.Long-term U.S. government bond yields...Reuters
Thu, May 22
Cryptocurrencies
$600 Million Cardano Smear Was ETH-Backed Stunt, Says Hoskinson
The public conflict between Charles Hoskinson and non-fungible-token artist Masato Alexander who alleged that the Cardano founder quietly redirected 318 million ADA—worth roughly $619 million at the time—from legacy presale wallets into Cardano’s reserves during the 2021 Allegra hard fork, is furthe...Bitcoinist
Thu, May 22
Other
France rejects Israeli comments accusing European officials of antisemitic incitement
PARIS, May 22 (Reuters) - France rejects Israeli comments accusing some European officials of antisemitic incitement, Foreign Ministry spokesman Christophe Lemoine told reporters at a weekly news conference, adding these comments were "unjustified and outrageous"."France has condemned, F...Reuters
Thu, May 22
Stocks
CANADA STOCKS-TSX slips after US House narrowly passes Trump's tax bill
By Sanchayaita Roy May 22 (Reuters) - Canada's main stock index edged lower in choppy trading on Thursday, mirroring its Wall Street peers, after the U.S. House of Representatives passed President Donald Trump's tax bill that is widely expected to add to the country's debt burden.The...Reuters
Thu, May 22
Stocks
OpenAI, G42, Oracle, NVIDIA, Softbank, and Cisco partner on Stargate UAE
Investing.com -- In a historic collaboration, OpenAI, G42, Oracle Corporation (NYSE:ORCL), NVIDIA Corporation (NASDAQ:NVDA), SoftBank Group Corp. (TYO:9984), and Cisco Systems Inc (NASDAQ:CSCO) announInvesting.com
Thu, May 22
Commodities
FACTBOX-What's in the Republican tax and spending plan?
By Andy Sullivan WASHINGTON, May 22 (Reuters) - The Republican-led House of Representatives has passed a sweeping budget package that would fulfill many of President Donald Trump's priorities. The Republican-led Senate next takes up the package, with significant changes likely.Here is a summa...Reuters
Thu, May 22
Cryptocurrencies
Why MIND of Pepe is the Best Crypto to Buy Now as Pepe Enjoys Life in Green
Self-proclaimed as the ‘most memeable meme coin,’ $PEPE is one of the most prominent and culturally significant cryptos on the market today. Based on the iconic Pepe the Frog meme, $PEPE is the third biggest meme coin on the planet right now, with a total market capitalization of over $6...NewsBTC
Thu, May 22
Stocks
Why Advance Auto Parts Is in the Fast Lane Today
Advance Auto Parts (NYSE: AAP) reported first-quarter results Thursday morning that easily topped expectations, and said its transformation plan was ahead of schedule.Investors were pleased, and sent shares of Advance up by about 46% as of 10:45 a.m. ET.Where to invest $1,000 right now? Our analyst ...The Motley Fool
Thu, May 22
Commodities
House budget bill effectively kills US clean energy boom
House budget bill speeds up expiry of clean energy tax credits, makes them harder to useBudget bill preserves tax credits for nuclear energyAttention turns to Senate to save key IRA tax credit measuresBill's passage sends clean energy stocks plummetingBy Valerie Volcovici WASHINGTON, May 22 (...Reuters
Thu, May 22
Commodities
ARA gasoline stocks fall to near 7-month lows, Insights Global data shows
LONDON, May 22 (Reuters) - Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by nearly 9% on the week, data from Dutch consultancy Insights Global showed on Thursday.Gasoline stocks fell to their lowest since October last year at 1.11 million m...Reuters
Thu, May 22
Other
US agency votes to bar Chinese labs deemed security risks from testing US electronics
May 22 (Reuters) - The Federal Communications Commission voted on Thursday to finalize rules barring Chinese labs deemed risks to U.S. national security from testing electronic devices like smartphones, cameras and computers for use in the United States.All electronics used in the United States must...Reuters
Thu, May 22
Other
Novo Nordisk offers discounts on Wegovy as ban on copycats takes effect
May 22 (Reuters) - Novo Nordisk NOVOb.CO said on Thursday it would offer temporary discounts to cash-paying customers for its weight-loss drug Wegovy, in a move that coincides with a deadline for halting sales of cheaper compounded versions.The Danish drugmaker said it would offer the drug at a one-...Reuters
Thu, May 22
Forex
Kraken Says We Will Soon Offer Tokenized Versions Of Popular U.S. Listed Stocks And ETFs To Clients In Select Jurisdictions
May 22 (Reuters) - KRAKEN: TAKES WALL STREET ONCHAIN WITH TOKENIZED EQUITIESKRAKEN: WE WILL SOON OFFER TOKENIZED VERSIONS OF POPULAR U.S. LISTED STOCKS AND ETFS TO CLIENTS IN SELECT JURISDICTIONSKRAKEN: WE’RE PLANNING TO EXPAND THAT OFFERING TO CLIENTS IN THE U.K., EUROPE AND AUSTRALIA SOONSource te...Reuters
Thu, May 22
Other
Brookfield eyes tripling India assets to $100 billion in five years
By Dhwani Pandya MUMBAI, May 22 (Reuters) - Brookfield Asset Management will triple its India investments to $100 billion within five years, as it bets on the country's strong growth prospects and rising demand in the infrastructure and clean energy sectors, a senior executive said on Thursda...Reuters
Thu, May 22
Other
Liberty Mutual adds WTW’s Kubursi as Northeast regional executive
By Mia MacGregorMay 22 - (The Insurer) - Liberty Mutual has hired Katharyn Collins Kubursi from WTW as Northeast regional executive within its global risk solutions North America field operations and marketing team.Kubursi joins Liberty Mutual after two years at WTW, where she most recently served a...Reuters
Thu, May 22
Other
China's vice premier meets JPMorgan's Dimon, calls for deeper cooperation
BEIJING, May 22 (Reuters) - Chinese Vice Premier He Lifeng met with JPMorgan Chase JPM.N Chief Executive Jamie Dimon in Beijing on Thursday, the official Xinhua news agency reported, calling on the U.S. banking group to deepen cooperation with China."Recent China-U.S. trade talks have made subst...Reuters
Thu, May 22
