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Commodities
REFILE-US oil M&A deals slide from 2023 highs as buyers focus on value over volume
By Tanay Dhumal, Arunima KumarMay 20 (Reuters) - Dealmaking in the U.S. oil patch has slowed to a crawl in 2025, with the activity expected to stay muted for the rest of the year, as some prolific buyers focus on squeezing out value from their past acquisitions, while others curb their appetite for ...Reuters
Tue, May 20
Forex
USD/CAD holds steady despite Canada’s mixed CPI print
USD/CAD is trading in a tight range in the early hours of the US session as markets react to Canada’s latest Consumer Price Index (CPI) data and shift focus to Wednesday’s US House of Representatives vote on President Donald Trump’s proposed tax bill.
Fxstreet
Tue, May 20
Other
Employee-rewards company Awardco secures $1 billion valuation after latest funding round
May 20 (Reuters) - Employee-rewards platform Awardco said on Tuesday it has raised $165 million in a funding round led by investment firms Sixth Street Growth and Spectrum Equity, pushing its valuation to more than $1 billion.Existing investors General Catalyst and Qualtrics' co-founder Ryan Smi...Reuters
Tue, May 20
Commodities
CBOT Trends-Wheat up 8-12 cents, corn up 3-7 cents, soybeans up 1-4 cents
CHICAGO, May 20 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Tuesday. WHEAT - Up 8 to 12 cents per bushelCBOT wheat futures higher on short-covering and technical buying after an u...Reuters
Tue, May 20
Economic Indicator
INSTANT VIEW-Canada's annual inflation rate drops to 1.7% in April
TORONTO, May 20 (Reuters) - Canada's annual inflation rate in April fell to 1.7% from 2.3% in March as overall energy prices plunged 12.7% after the removal of a federal consumer carbon tax, Statistics Canada said on Tuesday. Market reaction: CAD/Link: https://www150.statcan.gc.ca/n1/dail...Reuters
Tue, May 20
Stocks
SAP Reimagines How Enterprises Run With Business AI
AI Innovations Aim to Boost Business Productivity by Up to 30 Percent; Partnerships with Perplexity and Palantir Bring out Customers' Best ORLANDO, Fla., May 20, 2025 /PRNewswire/ -- At its annual SAP Sapphire conference, SAP SE (NYSE: SAP) unveiled innovations and partnerships tha...PR Newswire
Tue, May 20
Other
Barclays hires former UBS banker as global co-head of capital markets
LONDON, May 20 (Reuters) - Barclays BARC.L has hired former UBS banker Marc Warm as its global co-head of capital markets, the British bank said on Tuesday, as it tries to expand its business to compete with Wall Street rivals.Warm will be based in New York, and expands the co-head structure to thre...Reuters
Tue, May 20
Stocks
Airbnb Lays the Groundwork for Growth Acceleration
Airbnb (NASDAQ: ABNB) has been trying to "expand beyond the core" for years, and it's finally introduced products that customers can use. Experiences got a new look, and you can now book services on the platform. But will this be a success or another flop?*Stock prices used were end-of-day prices of...The Motley Fool
Tue, May 20
Cryptocurrencies
Ripple Price Forecast: Debut of cash-settled XRP futures on CME fails to trigger rally
Ripple (XRP) price trades broadly sideways around $2.34 on Tuesday, marking its second straight day of minor declines. This tight, range-bound action coincides with the launch of cash-settled XRP futures on CME Group’s derivatives platform.
Other
India's Leela-hotels owner Schloss slashes IPO size by 30%
May 20 (Reuters) - India's Leela-hotels owner Schloss Bangalore slashed its IPO size by 30% to 35 billion rupees ($409 million), its prospectus showed on Tuesday.Brookfield-backed BAM.TO Schloss, which initially planned a 50 billion-rupees initial public offering, will run the issue from May 26-...Reuters
Tue, May 20
Other
Spike Lee and Denzel Washington back together after 18 years in Cannes film
Spike Lee, Denzel Washington collaborate on 'Highest 2 Lowest'Adaptation of 1963 Japanese film 'High and Low' Lee unsure about impact of Trump's tariffs on film productionBy Miranda Murray CANNES, France, May 20 (Reuters) - Spike Lee recalled on Tuesday how he and Denzel Washi...Reuters
Tue, May 20
Other
Promise Announces Strategic Investment & Partnership With Google's AI Futures Fund
May 20 (Reuters) - Alphabet Inc GOOGL.O:PROMISE: STRATEGIC INVESTMENT & PARTNERSHIP WITH GOOGLE'S AI FUTURES FUND, JOINED BY CROSSBEAM VENTURE PARTNERS, KIVU VENTURES, SAGA VENTURESSource text: [ID:]Reuters
Tue, May 20
Stocks
LIVE MARKETS-S&P 500 index streaking toward its highs
U.S. equity index futures modestly red; Nasdaq 100 off ~0.4%Euro STOXX 600 index up ~0.7%Dollar ~flat; bitcoin dips; crude, gold gainU.S. 10-Year Treasury yield edges up to ~4.49%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts wi...Reuters
Tue, May 20
Other
Google to unveil AI upgrades at I/O conference amid search challenges
MOUNTAIN VIEW, California, May 20 (Reuters) - Alphabet's GOOGL.O Google kicks off its annual developer conference on Tuesday with a flurry of announcements showcasing its huge investment in artificial intelligence, while seeking to fend off concerns over the future of its business.
Reuters
Tue, May 20
Other
US singer Chris Brown to re-apply for bail after UK assault charge
LONDON, May 20 (Reuters) - U.S. singer Chris Brown will again apply for bail on Wednesday, after an English court remanded him into custody over a serious assault charge and threw his upcoming world tour into doubt.Brown has been charged with inflicting grievous bodily harm in what prosecutors said ...Reuters
Tue, May 20
Stocks
What the Moody’s downgrade means for markets
Investing.com -- Moody’s downgraded U.S. sovereign debt late Friday, prompting a wave of headlines and a weak market open on Monday. However, according to the latest Sevens Report, the move is unlikely to drive long-term market direction.Investing.com
Tue, May 20
