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Commodities
Fire at Chevron oil platform offshore Angola injures 17
By Miguel GomesLUANDA, May 20 (Reuters) - Seventeen people were injured, four seriously, when a fire broke out in the early hours of Tuesday at Chevron's CVX.N deep-water Benguela Belize Lobito Tomboco (BBLT) oil platform, Angolan authorities and the U.S. oil major said in statements.The cause o...Reuters
Tue, May 20
Other
Apple to open its AI models to developers, Bloomberg News reports
May 20 (Reuters) - Apple AAPL.O is preparing to allow third-party developers to write software using its artificial intelligence models, in a push to boost the creation of new applications, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.The tech major is working on a ...Reuters
Tue, May 20
Stocks
5 Things Investors Need to Know About Trump's "One, Big, Beautiful Bill"
The U.S. House of Representatives has unveiled a legislative package dubbed "One Big, Beautiful bill," a phrase President Donald Trump has now said several times on his various social media accounts or in front of media. The bill attempts to combine several priorities in Trump's legislative agenda w...The Motley Fool
Tue, May 20
Stocks
President Donald Trump's One, Big, Beautiful Bill Comes With Over $5 Trillion in Tax Cuts -- and Possible Unintended Consequences
House Republicans recently unveiled a legislative package called The One, Big, Beautiful Bill, a phrase that President Donald Trump has used to describe what could end up being a landmark piece of legislation during his second term. Republicans will attempt to pass large parts of Trump's legislative...The Motley Fool
Tue, May 20
Other
Andreessen Horowitz-backed studio Promise partners with Google on AI, adds investors
May 20 (Reuters) - Generative AI studio Promise, backed by venture capital firm Andreessen Horowitz, said on Tuesday that it had partnered with Alphabet's GOOGL.O Google to use its AI technologies.The startup has also expanded its investor base, with new backing from Google's AI Futures Fund...Reuters
Tue, May 20
Other
Rubio says US has expressed to UAE, others that they are turning conflict in Sudan into proxy war
WASHINGTON, May 20 (Reuters) - The United States has expressed to the United Arab Emirates and other countries that they are turning the conflict in Sudan into a proxy war, U.S. Secretary of State Marco Rubio said on Tuesday.Rubio told the Senate Foreign Relations Committee that Washington wanted to...Reuters
Tue, May 20
Commodities
Mexican ship in Brooklyn Bridge crash made no distress calls, Mexico navy chief says
MEXICO CITY, May 20 (Reuters) - The Mexican Navy ship which crashed into New York's Brooklyn Bridge over the weekend made no distress calls before the accident but called for support instead, Mexico's Navy chief Raymundo Morales said on Tuesday.The port pilot maneuvering the Cuauhtémoc saili...Reuters
Tue, May 20
Economic Indicator
LME WEEK-Trump's copper tariff threat still a lucrative bet for traders
US copper imports surged to 123,000 tons in March from 58,000 tons in FebruaryBulk carriers used for faster copper transport amid tariff uncertaintyCopper stocks in LME warehouses down nearly 60% since FebruaryUnusual copper shipments from Germany and Spain to US seen By Hongmei Li, Pratima Desai an...Reuters
Tue, May 20
Other
Microsoft to add Anthropic's AI coding agent to its GitHub service
SEATTLE, May 20 (Reuters) - Microsoft MSFT.O said it will add an artificial intelligence coding agent from Google-backed startup Anthropic to its GitHub service.Coding agents can carry out software development tasks, such as fixing bugs, on a human developer's behalf. Microsoft on Monday introdu...Reuters
Tue, May 20
Other
Measles cases in Texas rise by four to 722, state health department says
May 20 (Reuters) - The Texas health department reported 722 cases of measles in the state on Tuesday, an increase of four since its last update on Friday.The number of cases in Gaines County, the epicenter of the outbreak in the state, remained unchanged from the last update at 406 cases, the Texas ...Reuters
Tue, May 20
Other
Dundee Precious Metals Confirms Talks For Possible Offer For Adriatic Metals
May 20 (Reuters) - Dundee Precious Metals DPM.TO: DUNDEE PRECIOUS MET. ADRIATIC METALS - STATEMENT REGARDING RESPONSE TO PRESS SPECULATIONDUNDEE PRECIOUS METALS- CONFIRMS DISCUSSIONS FOR POSSIBLE OFFER FOR ADRIATIC METALSReuters
Tue, May 20
Other
Trump struggles to convince Republican holdouts in Congress on tax bill
Trump meets with divided House RepublicansTax provisions, Medicaid cuts lead disputesBill would extend tax cuts from Trump's first term By David Morgan, Bo Erickson and Nandita Bose WASHINGTON, May 20 (Reuters) - President Donald Trumpon Tuesday pressed his fellow Republicans in the U.S. Cong...Reuters
Tue, May 20
Stocks
Why Novo Nordisk Stock Popped on Tuesday
Novo Nordisk (NYSE: NVO) stock jumped 3% through 10:55 a.m. Tuesday on some potentially positive news in the GLP-1 weight loss market.As Reuters reports today, an online weight loss company called Noom has begun selling smaller doses of compounded versions of Novo Nordisk's Wegovy GLP-1 drug. This d...The Motley Fool
Tue, May 20
Other
New Orleans jail worker arrested, accused of helping inmates escape
By Karen FreifeldMay 20 (Reuters) - A maintenance worker at a New Orleans jail was under arrest, accused of helping 10 inmates escape last week, including some accused of murder, Louisiana Attorney General Liz Murrill said on Tuesday.The worker, Sterling Williams, 33, admitted to agents that he turn...Reuters
Tue, May 20
Commodities
GRAINS-CBOT wheat extends rally on crop rating drop, Chinese heat wave concerns
Weaker dollar and U.S. crop rating decline boost wheat futuresChina's heat wave raises questions about winter wheat crops in key provincesHeavy rains in Argentina cause flooding, affecting soy fieldsBy P.J. Huffstutter CHICAGO, May 20 (Reuters) - Chicago Board of Trade wheat futures surged to...Reuters
Tue, May 20
Commodities
US trade panel's vote paves way for stiff tariffs on many solar imports
Vote resolves trade case led by Hanwha and First SolarTrade group says tariffs will harm U.S. manufacturersMalaysia, Thailand, Cambodia, Vietnam imports at issue By Nichola Groom May 20 (Reuters) - The U.S. International Trade Commission determined on Tuesday that domestic solar panel makers were...Reuters
Tue, May 20
Commodities
Ivanhoe suspends some Congo copper mining operations after seismic activity
DAKAR, May 20 (Reuters) - Ivanhoe Mines IVN.TO has suspended some mining operations at its Kakula underground copper mine in the Democratic Republic of Congo after seismic activity, it said on Tuesday.The Canadian miner halted underground operations on Sunday after a week of tremors. The company sai...Reuters
Tue, May 20
Other
UN says no aid distributed yet in Gaza
WASHINGTON, May 20 (Reuters) - No humanitarian aid has been distributed yet in the Gaza Strip, U.N. spokesperson Stephane Dujarric said on Tuesday, despite more supplies being dropped off on the Palestinian side of the Kerem Shalom crossing. "Today, one of our teams waited several hours for the ...Reuters
Tue, May 20
Stocks
European first-quarter corporate profits seen rising 2.3%, up from last week's estimate
May 20 (Reuters) - The outlook for European corporate health has improved, latest earnings forecasts showed on Tuesday.European companies are expected to report a rise of 2.3% in first-quarter earnings, on average, according to LSEG I/B/E/S data. That is up from the 1.9% increase analysts had expect...Reuters
Tue, May 20
Stocks
European shares close near nine-week high, powered by utility, telecom stocks
Renewable energy firms, luxury stocks gain UBS down after report bank faces Swiss capital setbackDiploma hits record high after forecast raiseVodafone gains as it expects cash-flow growthBy Sruthi Shankar, Ragini Mathur and Purvi Agarwal May 20 (Reuters) - European stocks closed at near nine-week...Reuters
Tue, May 20
