News
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Commodities
US sees promise in American firms helping oil, gas development in Iraqi Kurdistan
WASHINGTON, May 22 (Reuters) - There is ample opportunity for U.S. cooperation on oil and gas development in Iraqi Kurdistan, U.S. Energy Secretary Chris Wright said on Thursday, despite Iraq's federal government disputing deals U.S. companies signed with the region this week. "I see great o...Reuters
Thu, May 22
Cryptocurrencies
Top 3 Altcoins to Invest in for a 1000% Profit
As the crypto market heats up for what could be the most explosive run since 2021, savvy investors are searching for the best altcoins to invest in with serious upside. XRP, currently hovering around $2.32, is gaining momentum as regulatory clarity edges closer, positioning Ripple to reclaim its place among the top cryptocurrencies. Meanwhile, Cardano […]Cryptopolitan
Thu, May 22
Economic Indicator
Airbnb banks on Tour de France deal to boost French market, eyes luxury experiences
By Dominique Patton PARIS, May 22 (Reuters) - Airbnb ABNB.O said on Thursday a new partnership with the Tour de France will boost its rental business across rural France, as it seeks to build on the success of last year's Paris Olympics at a time of lower demand in the U.S.The vacation rental...Reuters
Thu, May 22
Cryptocurrencies
Dutch people told to keep emergency cash in wake of Spain blackout
Dutch citizens have been advised to keep a minimum amount of cash in their pockets and wallets in case of emergency situations, such as the recent massive power outage that hit Spain and parts of Portugal. The warning, issued by the Netherlands’ central bank, finance ministry, and other organizations, also highlighted the heightened geopolitical tensions […]Cryptopolitan
Thu, May 22
Stocks
South African rand stable after fraught Ramaphosa-Trump meeting
JOHANNESBURG, May 22 (Reuters) - South Africa's rand was steady for most of Thursday's trading session, as markets tried to digest U.S. President Donald Trump's Oval Office ambush of South African leader Cyril Ramaphosa, which overshadowed the country's budget presentation.At 1540 GM...Reuters
Thu, May 22
Other
UN food agency says 'a handful' of bakeries reopen in Gaza
GENEVA, May 22 (Reuters) - The U.N. food agency said on Thursday that a handful of bakeries it supports in south and central Gaza have resumed bread production after trucks were finally able to collect cargo from the Kerem Shalom crossing point."We are in a race against time to prevent widesprea...Reuters
Thu, May 22
Commodities
US Cash Grains-Corn, soybean basis bids mostly steady-higher at Midwest elevators
CHICAGO, May 22 (Reuters) - Spot corn and soybean basis bids were mostly steady to higher on Thursday at U.S. Midwest interior elevators and river terminals and unchanged at processing plants, grain merchants said.Selling by farmers was minimal despite rising futures prices as cash values remained b...Reuters
Thu, May 22
Other
JBS plan for US listing in doubt, early shareholder vote shows
Early count shows 52% of votes against dual listing planOutstanding votes will be decisive at Friday assembly US-Brazil listing plan has driven rally since mid-MarchBy Luciana Magalhaes and Ana Mano SAO PAULO, May 22 (Reuters) - An early count of JBS JBSS3.SA shareholder votes released on Thursda...Reuters
Thu, May 22
Other
German finance minister optimistic that G7 can agree joint communique on Ukraine support
By Christian Kraemer and Maria Martinez BANFF, Alberta, May 22 (Reuters) - German Finance Minister Lars Klingbeil on Thursday said he was optimistic that the Group of Seven advanced economies could agree a joint communique showing support for Ukraine, amid a rift between the U.S. and the rest of ...Reuters
Thu, May 22
Other
Cycling-Kooij outsprints Van Uden to win Giro stage 12, Del Toro retains pink jersey
May 22 (Reuters) - Dutchman Olav Kooij came out on top in a sprint finish to win stage 12 of the Giro d'Italia on Thursday, overtaking compatriot Casper van Uden before the line, with Mexico's Isaac del Toro keeping a firm grip on the overall lead.Kooij was led out by his Visma-Lease a Bike ...Reuters
Thu, May 22
Stocks
U.S. STOCKS ON THE MOVE-Snowflake, Omnicell, Hinge Health
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The benchmark S&P 500 edged lower in choppy trading on Thursday after the U.S. House of Representatives voted to pass President Donald Trump's tax bill, which is expected to burden t...Reuters
Thu, May 22
Forex
ANALYSIS -Trump ambush a sideshow, as South African investors focus on coalition
Investors focus on coalition stability over U.S. politicsBudget agreement ends coalition strife, for nowFinance minister says tax shortfall would force cost cutsKeeping political unity while shoring up finances will be trickyBy Colleen Goko JOHANNESBURG, May 22 (Reuters) - For investors, the spec...Reuters
Thu, May 22
Other
Google faces DoJ probe over deal for AI tech, Bloomberg Law reports
May 22 (Reuters) - The U.S. Justice Department is probing whether Alphabet's GOOGL.O Google violated antitrust law in its agreement with AI startup Character.AI that allows the tech giant to use the chatbot maker's technology, Bloomberg Law reported on Thursday, citing people with knowledge ...Reuters
Thu, May 22
Other
China's Xiaomi to start selling YU7 in July, a rival to Tesla's Model Y
Xiaomi's YU7 SUV to compete with Tesla's Model Y in ChinaYU7 features longer range than Tesla's Model YXiaomi faces challenges after SU7 crash, false advertising complaintsBy Qiaoyi Li, Che Pan and Brenda Goh BEIJING, May 22 (Reuters) - Xiaomi 1810.HK will start selling its YU7 elect...Reuters
Thu, May 22
Stocks
Prediction: Coupang Will Beat the Market. Here's Why.
Sometimes you need to collect passport stamps to find unique investing opportunities. Coupang (NYSE: CPNG) is South Korea's leading e-commerce provider. It has a pretty dominant position with 23.6 million active customers. This may not seem like a lot, but it's about half of the country's adult popu...The Motley Fool
Thu, May 22
Commodities
US scientists forecast above normal 2025 hurricane season
HOUSTON, May 22 (Reuters) - U.S. government scientists said on Thursday they expect an above-normal hurricane season in 2025 producing three to five major hurricanes with sustained winds of at least 111 miles per hour (179 kph).The Atlantic hurricane season, which begins on June 1, is forecast to pr...Reuters
Thu, May 22
