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Forex
Loonie strengthens for third day as core inflation rises, US Dollar stumbles
The Canadian Dollar (CAD) strengthens further against the US Dollar (USD) on Wednesday, marking a three-day rally, with USD/CAD slipping below 1.3900 as markets digest stronger-than-expected Canadian inflation figures and a broadly subdued Greenback.
Fxstreet
Wed, May 21
Forex
LSEG drops plan to add Cboe data to WMR FX benchmarks
By Marc JonesLONDON, May 21 (Reuters) - The London Stock Exchange Group's LSEG.L FTSE Russell unit has dropped plans to add Chicago Board Options Exchange owner Cboe CBOE.Z to the group of currency data providers used to calculate its WMR FX benchmarks after pushback from users.FTSE Russell prop...Reuters
Wed, May 21
Other
How do you get to Carnegie Hall? Infringe its trademarks, lawsuit claims
By Jonathan StempelNEW YORK, May 20 (Reuters) - Carnegie Hall is suing the operator of several restaurants called the Carnegie Diner and Cafe, accusing it of infringing trademarks belonging to one of the world's most prestigious music venues.The nonprofit Carnegie Hall Corp, which manages the 13...Reuters
Wed, May 21
Other
Germany's Merz very concerned about Gaza situation, spokesperson says
BERLIN, May 21 (Reuters) - German Chancellor Friedrich Merz is very concerned about the humanitarian situation in Gaza and is in close contact with other European nations to convey his worries to the Israeli government, his spokesperson Stefan Kornelius said on Wednesday."It is always important ...Reuters
Wed, May 21
Other
Stellantis to build $388 million spare parts plant in Detroit
May 21 (Reuters) - Stellantis STLAM.MI will invest $388 million to build a new hub in the U.S. city of Detroit for its Mopar components operations, the Franco-Italian group said on Wednesday.The hub is set to launch in 2027 in Van Buren Township, Michigan, and will support about 488 union-represente...Reuters
Wed, May 21
Other
Czech president pardons soldiers prosecuted in death of Afghan soldier
PRAGUE, May 21 (Reuters) - Czech President Petr Pavel has granted pardons to four soldiers facing prosecution for alleged crimes relating to the death of an Afghan soldier, the president's office said on Wednesday."After carefully assessing all the circumstances of this case, the President o...Reuters
Wed, May 21
Commodities
Ferrovial highway revenue boosted by pre-tariff US traffic
By Corina Pons MADRID, May 21 (Reuters) - Motorway and airports operator Ferrovial had a surprise first-quarter revenue bump from freight traffic on toll roads in the United States and Canada, probably related to imports in anticipation of sweeping U.S. tariffs, its CFO told Reuters.The Spanish c...Reuters
Wed, May 21
Cryptocurrencies
South Korea to boost export measures as U.S. tariff deadline nears
South Korea has promised fresh measures for its major export industries, from biopharmaceutical makers to car producers, as the country braces for the economic impact of U.S. tariffs imposed by Trump. The government has already rolled out aid for auto and chip firms after Washington announced 25% duties on Korean goods. Acting Finance Minister Kim […]Cryptopolitan
Wed, May 21
Stocks
Walmart vs. Costco: What's the Better Retail Stock to Buy Right Now?
Walmart (NYSE: WMT) and Costco Wholesale (NASDAQ: COST) are two of the biggest names in retail. They are massive businesses that can use their strong positions in the market to command low prices from vendors, allowing them to provide good value for their customers. And investors have recognized thi...The Motley Fool
Wed, May 21
Cryptocurrencies
Ripple Price Forecast: XRP uptrend targeting $3 at risk amid declining network activity, whale holdings
Ripple's (XRP) price faces growing downside risks while hovering at around $2.33 at the time of writing on Wednesday. Its suppressed price action in the last three days reflects range consolidation in the broader cryptocurrency market, even as Bitcoin (BTC) closes in on all-time highs.
Fxstreet
Wed, May 21
Stocks
Medtronic falls as co to separate diabetes business
** Shares of medical device maker Medtronic MDT.N down 2.1% at $84.55 premarket** MDT says it plans to separate its diabetes business into a standalone company within 18 months** The new company, led by the head of Medtronic's diabetes division, will have around 8,000 employees** The separation ...Reuters
Wed, May 21
Stocks
UnitedHealth Group shares drop on report of secret nursing home payments
Investing.com -- UnitedHealth Group shares fell more than 6% premarket on Wednesday following a Guardian investigation that claimed the healthcare giant secretly paid nursing homes bonuses to reduce hInvesting.com
Wed, May 21
Other
Gaza still waiting for aid as pressure mounts on Israel
Israel says almost 100 trucks have entered GazaGaza bakers say they are still waiting for flourOpposition leader says Israel risks becoming a pariahBy Nidal al-Mughrabi and James Mackenzie CAIRO/JERUSALEM, May 21 (Reuters) - Palestinians in Gaza were left waiting for the promised arrival of food ...Reuters
Wed, May 21
Cryptocurrencies
Bitcoin Price Forecast: BTC open interest hits new all-time high, echoing pre-ATH rally setup
Bitcoin (BTC) price stabilizes above $106,000 on Wednesday, a few inches away from its all-time high (ATH) of $109,588 set on January 20. BTC’s Open Interest (OI) has surged to a new record high of $75.14 billion, mirroring the setup of previous bullish cycles.
Fxstreet
Wed, May 21
Other
Malaysia government not involved in local AI project involving Huawei chips
KUALA LUMPUR, May 21 (Reuters) - Malaysia's government did not develop, coordinate or endorse an artificial intelligence project involving a local company and Huawei Technologies, its trade ministry said in a statement on Wednesday, backtracking on a previous announcement. The statement followed...Reuters
Wed, May 21
Cryptocurrencies
Pepe raste 60%: Koji memecoin će biti sljedeći 100x u ovom bull runu – Pepe ili BTC Bull?
Kako Pepe bilježi rast od 63% zahvaljujući obnovljenom tržišnom entuzijazmu, ulagači sada usmjeravaju pažnju na BTC Bull kao potencijalni sljedeći memecoin koji bi mogao ostvariti 100x rast tijekom ovog bull runa. Pepe (PEPE) je zabilježio snažan rast od 63% u proteklom tjednu, nadmašivši veći dio k...Bitcoinist
Wed, May 21
