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South Africa's Ramaphosa: discussions with US on AGOA will continue
WASHINGTON, May 21 (Reuters) - South African President Cyril Ramaphosa said on Wednesday that discussions on the African Growth and Opportunity Act (AGOA) would continue with the United States.The AGOA initiative grants qualifying African nations duty-free access to the U.S. market and is due to exp...Reuters
Wed, May 21
Other
Inside Debt - May 21
To access a PDF version of this newsletter, please click here You can read Inside Debt via TOPNEWS Fixed Income page.If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/Inside-Debt-Subscription-page For an index of our newsletters click ...Reuters
Wed, May 21
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South Africa's President Ramaphosa expects Trump to visit South Africa
WASHINGTON, May 21 (Reuters) - South Africa's President Cyril Ramaphosa said he encouraged U.S. President Donald Trump to attend a Group of 20 meeting in South Africa, adding he expects the U.S. president to be coming to South Africa."I expect him to be coming to South Africa," Ramaphosa...Reuters
Wed, May 21
Stocks
US STOCKS-Wall Street stocks tumble as worries mount about US debt
Indexes: Dow down 1.91%, S&P 500 down 1.61%, Nasdaq down 1.41%Wolfspeed plunges after reports of potential bankruptcyTarget falls after cutting annual sales forecastUnitedHealth drops after report on secret payments, HSBC downgradeBy Chibuike Oguh NEW YORK, May 21 (Reuters) - U.S. stocks clos...Reuters
Wed, May 21
Other
THE DAY AHEAD-North America, May 22
To access a PDF version of this newsletter, please click here You can read The Day Ahead via TOPNEWS - U.S Companies or Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/TDA-subscription-page For Morning News Call U.S. -- a...Reuters
Wed, May 21
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South Africa and US will continue to talk, particularly on trade, Ramaphosa says
WASHINGTON, May 21 (Reuters) - South Africa and the United States will continue to hold talks, particularly on trade and industry, South African President Cyril Ramaphosa said on Wednesday after a bilateral meeting with U.S. President Donald Trump in the White House."I was rather pleased that th...Reuters
Wed, May 21
Other
Snowflake forecasts second-quarter product revenue above estimates
May 21 (Reuters) - Snowflake SNOW.N forecast second-quarter product revenue above Wall Street expectations on Wednesday, benefiting from strong demand for its data analytics services as enterprises prioritize artificial intelligence spending.The company forecast revenue in the range of $1.035 billio...Reuters
Wed, May 21
Other
South Africa's Ramaphosa: We want investments from US
WASHINGTON, May 21 (Reuters) - South African President Cyril Ramaphosa told reporters after his White House talks with President Donald Trump on Wednesday he told Trump that South Africa wants to boost its economy with investments from the United States.He said at a news conference an improving Sout...Reuters
Wed, May 21
Other
Borr Drilling Q1 Net Income USD -16.9 Million
May 21 (Reuters) - Borr Drilling Ltd BORR.N:BORR DRILLING Q1 NET INCOME USD -16.9 MILLIONBORR DRILLING Q1 REVENUE USD 216.6 MILLIONBORR DRILLING Q1 ADJUSTED EBITDA USD 96.1 MILLIONBORR DRILLING LTD - BOARD DECIDES NOT TO PAY DIVIDENDReuters
Wed, May 21
Other
MercadoLibre taps Ariel Szarfsztejn as new CEO as of 2026
SAO PAULO, May 21 (Reuters) - Latin American e-commerce giant MercadoLibre MELI.O said on Wednesday its board approved a leadership transition, with Chief Executive Marcos Galperin being replaced by current commerce head Ariel Szarfsztejn as of 2026.Galperin will move "to a more strategic role w...Reuters
Wed, May 21
Stocks
Citi, Jefferies cut forecasts on James Hardie after downbeat FY results
** Analysts at Citi lower price target on James Hardie Industries JHX.AX to A$41.5; maintain "Neutral" rating** On Wednesday, the Dublin-based fibre cement maker posted a 9% decline in FY adjusted net income vs last year, due to which the brokerage further downgrades its FY26/27 expectations...Reuters
Wed, May 21
Other
Nissan Motor Nears Deal To buy EV Batteries In The US From A JV Between Ford Motor And South Korea’s SK On - Bloomberg News
May 21 (Reuters) - Nissan Motor Co Ltd 7201.T:NISSAN MOTOR NEARS DEAL TO PROCURE EV BATTERIES IN THE US FROM A JV BETWEEN FORD MOTOR AND SOUTH KOREA’S SK ON - BLOOMBERG NEWSSource text: https://tinyurl.com/3sntsm35Reuters
Wed, May 21
Other
Google defeats Rumble’s antitrust lawsuit over video sharing market
By Mike Scarcella May 21 (Reuters) - Alphabet's GOOGL.O Google has persuaded a federal judge in California to reject a lawsuit from video platform Rumble RUM.O accusing the technology giant of illegally monopolizing the online video-sharing market.In a ruling on Wednesday, U.S. District Judge...Reuters
Wed, May 21
Stocks
LIVE MARKETS-Debt dread sinks US stocks
Main US indexes end sharply lowerReal estate weakest S&P sector; Comm Svcs sole gainerDollar down; crude off >1%; gold rises; bitcoin up >1.5%U.S. 10-Year Treasury yield jumps to ~4.59%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share ...Reuters
Wed, May 21
Stocks
Zoom Communications raises annual revenue forecast
May 21 (Reuters) - Zoom Communications ZM.O raised its annual revenue forecast on Wednesday, benefiting from hybrid work trends and the integration of artificial intelligence into its products.The company now sees fiscal 2026 revenue between $4.80 billion and $4.81 billion, above its prior projectio...Reuters
Wed, May 21
Other
AT&T agrees to buy Lumen's consumer fiber business for $5.75 billion in cash
By Milana VinnMay 21 (Reuters) - AT&T T.N has clinched a deal to acquire Lumen Technologies' LUMN.N consumer fiber operations for $5.75 billion in cash, the companies said on Wednesday, as the wireless provider adds further scale to its national fiber footprint.Buying the unit will gain AT&a...Reuters
Wed, May 21
Other
DOGE team assigned to review National Transportation Safety Board operations
By David Shepardson WASHINGTON, May 21 (Reuters) - Elon Musk’s Department of Government Efficiency initiative has recently assigned a team to review operations at the National Transportation Safety Board, a spokesperson for the NTSB confirmed on Wednesday.DOGE has been assigning teams to a number...Reuters
Wed, May 21
Stocks
GLOBAL MARKETS-Stocks drop, yields gain; soft demand seen in 20-year Treasury auction
US stocks drop after Treasury auctionTax-cut bill fuels further federal deficit concernsOil prices end lower By Caroline Valetkevitch NEW YORK, May 21 (Reuters) - Major stock indexes fell on Wednesday as investors worried about a deteriorating U.S. fiscal outlook and as Treasury yields climbed fo...Reuters
Wed, May 21
Other
Deals of the day-Mergers and acquisitions
May 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday: ** OpenAI is buying Jony Ive's startup io Products in a $6.5 billion deal and will bring the chief designer of early iPhones on board as creative head to develop devices tailore...Reuters
Wed, May 21
