News
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Cryptocurrencies
Monero rally in spotlight amid broader resurgence of interest in privacy-focused cryptocurrencies
Monero's (XMR) price surges to trade at around $362 on Wednesday, as consolidation takes centre stage in the broader cryptocurrency market. Interest in privacy-oriented coins like XMR has been gaining traction amid growing concerns about surveillance and scrutiny by regulatory authorities.
Fxstreet
Wed, May 21
Economic Indicator
US to appoint Thomas Barrack as special envoy for Syria, sources say
By Timour Azhari and Jonathan Spicer DAMASCUS/ISTANBUL, May 21 (Reuters) - The United States will appoint President Donald Trump's longtime friend and current U.S. ambassador to Turkey, Thomas Barrack, as a special envoy for Syria, a person with direct knowledge of the matter and a diplomat i...Reuters
Wed, May 21
Stocks
Is Walmart Stock a Buy After Tough Tariff Talk?
You wouldn't know it from all the attention on the "Magnificent Seven" stocks, but Walmart (NYSE: WMT) has quietly trounced the market in recent years.Over the last three years, the retail giant is up 140%, compared to just a 52% return for the S&P 500. It has easily outperformed archrival Amazon as...The Motley Fool
Wed, May 21
Stocks
Paramount Stock Analysis: Buy, Hold, or Sell?
Paramount Global (NASDAQ: PARA) is transitioning significantly in its business model as consumer behavior shifts.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of May...The Motley Fool
Wed, May 21
Other
UK's CMA Says Won't Take Further Formal Enforcement Action On Barclays' Breaches
May 21 (Reuters) - UK'S CMA: UK'S CMA SAYS BARCLAYS FAILED TO PROVIDE AROUND 700,000 FORMER ACCOUNT HOLDERS WITH PAYMENT TRANSACTION HISTORIES ACROSS 4 SEPARATE BREACHES.UK'S CMA SAYS DOES NOT CONSIDER APPROPRIATE TO TAKE FURTHER FORMAL ENFORCEMENT ACTION ON BARCLAYS' BREACHES AT PRE...Reuters
Wed, May 21
Other
Kremlin says work is underway on next prisoner swap between Russia and US
MOSCOW, May 21 (Reuters) - The Kremlin said on Wednesday that Russia and the United States were working on a prisoner swap between the two countries, but that the timing of the exchange was not yet known. U.S. President Donald Trump and Russian President Vladimir Putin discussed a possible prisone...Reuters
Wed, May 21
Other
Ukrainian military says it hit Russian semiconductor device plant
KYIV, May 21 (Reuters) - A Ukrainian drone attack hit a semiconductor devices plant in Russia's western Oryol region that supplies Russian fighter jet and missile producers, Ukraine's military said on Wednesday.Ten drones had reached the target area and a fire had broken out, the military sa...Reuters
Wed, May 21
Stocks
Why Target Is an Excellent "High-Risk" Stock for Risk-Averse Investors
Risk-averse investors often avoid individual stocks, even those of well-established, slow-growth companies like Target (NYSE: TGT). Indeed, no stock is risk-free, and even the top retailers cannot completely rule out the possibility of failure, even in the case of an established company like Target....The Motley Fool
Wed, May 21
Forex
Russian rouble near highest against US dollar since June 2023
MOSCOW, May 21 (Reuters) - The Russian rouble briefly strengthened past the level of 80 to the U.S. dollar on Wednesday before rebounding, but remained close to its highest level since June 2023. By 1000 GMT, the rouble RUB= was up 0.4% at 80.30 per U.S. dollar, LSEG data based on over-the-coun...Reuters
Wed, May 21
Other
Essent adds Galda Joyce as board member
By Mia MacGregorMay 21 - (The Insurer) - April Galda Joyce has been appointed a board member at Essent, a private mortgage insurance and title insurance provider based in Radnor, Pennsylvania. In addition to her new role at Essent, Galda Joyce serves on the boards of Mereo Insurance Limited and Syme...Reuters
Wed, May 21
Commodities
Kremlin says Russia will defend its shipping with all means available
MOSCOW, May 21 (Reuters) - The Kremlin said on Wednesday that Russia would defend its shipping interests with all means available and that a recent incident in the Baltic Sea showed that Moscow could act tough when it wanted to. Russia has released a Greek-owned oil tanker which was detained in Russ...Reuters
Wed, May 21
Other
Chevron says one missing in Angolan offshore fire incident
CAPE TOWN, May 21 (Reuters) - Chevron's CVX.N Angolan business said on Wednesday that there was one person missing after an early morning fire at its Benguela Belize Lobito Tomboco (BBLT) offshore platform on Tuesday.Chevron subsidiary Cabinda Gulf Oil Company was working with relevant agencies ...Reuters
Wed, May 21
Commodities
Rosneft takes control of Russia's largest rare earth deposit, registry shows
MOSCOW, May 21 (Reuters) - Russia's largest oil producer Rosneft ROSN.MM has acquired Tomtor, the country's largest rare earth metal deposit, a companies registry showed on Wednesday, after President Vladimir Putin's call last year for development of the field to be accelerated.Tomtor, l...Reuters
Wed, May 21
Stocks
Take-Two Interactive falls after $1 billion equity raise
** Take-Two Interactive Software's TTWO.O shares fall 3.8% to $228.40 premarket after stock sale priced** Videogame publisher late Tuesday priced stock offering of 4.75 million shares at $225 apiece for gross proceeds of $1.07 billion** Offering priced at a 5.3% discount to the stock's last ...Reuters
Wed, May 21
Commodities
Japanese shipping group Mitsui OSK assessing EU sanction impact on its LNG vessels
TOKYO/SINGAPORE, May 21 (Reuters) - Japan's second-largest shipping company Mitsui O.S.K. Lines (MOL) 9104.T said it is carefully assessing the impact on three of its liquefied natural gas vessels of new sanctions imposed by the European Union against Russia."We will continue to fully cooper...Reuters
Wed, May 21
Economic Indicator
Lowe's beats quarterly comparable sales estimates
May 21 (Reuters) - Home improvement retailer Lowe's Cos LOW.N posted a smaller-than-expected drop in first-quarter comparable sales on Wednesday, as shoppers spent on maintenance projects while holding off on big-ticket purchases amid higher borrowing costs.The company reported a 1.7% drop in sa...Reuters
Wed, May 21
