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LIVE MARKETS-And then it was Tuesday: Stocks shuffle lower
Main US indexes red; Nasdaq, off ~0.5%, down mostTech down most among S&P sectors; Utilities lead gainersEuro STOXX 600 index up ~0.8%Dollar dips; crude, bitcoin both down about 1%; gold gainsUS 10-Year Treasury yield rises to ~4.52%Welcome to the home for real-time coverage of markets brought t...Reuters
Tue, May 20
Other
Norway's Norges to vote for three Elliott nominees in Phillips 66 fight
By Svea Herbst-BaylissNEW YORK, May 20 (Reuters) - Norway's sovereign wealth fund said it plans to vote for three of Elliott Investment Management's four director candidates in a bitter board fight at Phillips 66 PSX.N.Norges Bank Investment Management, one of Phillips 66's 10 largest sh...Reuters
Tue, May 20
Other
BioNTech expands UK partnership with up to $1.33 billion investment
May 20 (Reuters) - German vaccine maker BioNTech 22UAy.DE said on Tuesday that it plans to expand its investment in the United Kingdom by up to 1 billion pounds ($1.33 billion) over the next ten years to broaden its research and development activities. The company said its subsidiary BioNTech UK sig...Reuters
Tue, May 20
Stocks
Victoria's Secret adopts 'poison pill' after Australian billionaire's firm raises stake
May 20 (Reuters) - Victoria's Secret VSCO.N adopted a shareholder rights plan on Tuesday, after Australian billionaire Brett Blundy's investment firm increased its stake in the lingerie maker.The 'poison pill' plan, known as a limited-duration shareholder rights plan, was adopted to ...Reuters
Tue, May 20
Other
Insureds shift savings to parametric coverage as property rates decrease: Descartes’ Vetter
By Mia MacGregorMay 8 - (The Insurer) - As property insurance rates decrease, corporate buyers are increasingly investing savings into parametric coverage to enhance their risk management strategies, according to Daniel Vetter, head of Americas at global parametric MGA Descartes. While broader prope...Reuters
Tue, May 20
Other
Delta resuming direct flights between New York and Tel Aviv
May 20 (Reuters) - Delta Air Lines DAL.N said it is resuming daily roundtrip flights from New York JFK Airport to Tel Aviv starting Tuesday.The flights were temporarily suspended by the U.S. airline in early May in response to ongoing conflict in the region and follows an extensive security risk as...Reuters
Tue, May 20
Economic Indicator
TREASURIES-US yields rise as fiscal concerns remain in focus
By Karen Brettell May 20 (Reuters) - U.S. Treasury yields rose on Tuesday on concerns that a bill in Congress to cut taxes will worsen the U.S. budget deficit at a faster pace than feared and with no major U.S. economic data to drive market direction.President Donald Trump is headed to Capitol Hi...Reuters
Tue, May 20
Other
Neal to begin Aon role on September 1
By Scott VincentMay 20 - (The Insurer) - Outgoing Lloyd's CEO John Neal will begin his tenure as Aon's CEO of global reinsurance and global chair of climate solutions on September 1, the broker has confirmed to The Insurer. Neal, who is set to exit Lloyd's at the end of the month, will t...Reuters
Tue, May 20
Forex
USD/CHF Price Forecast: At make or a break around 0.8340
The USD/CHF pair flattens around 0.8340 during North American trading hours on Tuesday after clawing back initial losses. The Swiss Franc pair rebounds as the US Dollar Index (DXY) bounced back after attracting bids near the weekly low around 100.00.
Fxstreet
Tue, May 20
Economic Indicator
US health authorities set most-favored-nation pricing targets
WASHINGTON, May 20 (Reuters) - The U.S. Department of Health and Human Services said on Tuesday it was setting most-favored-nation prescription drug pricing targets following an executive order by President Donald Trump.The target price "is the lowest price in an OECD country with a GDP per capi...Reuters
Tue, May 20
Other
Trump to make 3 pm/1900 GMT announcement with Hegseth, White House says
WASHINGTON, May 20 (Reuters) - U.S. President Donald Trump plans to make a 3 p.m. announcement on Tuesday in the Oval office with Secretary of Defense Pete Hegseth, the White House said in an update to the president's schedule.Reuters
Tue, May 20
Other
SatixFy & MDA Space Amend Deal To All-Cash Merger At $3.00 Per Share
May 20 (Reuters) - Satixfy Communications Ltd SATX.A:SATIXFY COMMUNICATIONS LTD: ANNOUNCES DATE OF MEETING POSTPONED TO MAY 23, 2025SATIXFY- CO AND MDA AMENDS DEAL TO PROVIDE INCREASE IN MERGER CONSIDERATION TO ALL-CASH TRANSACTION FOR $3.00 PER ORDINARY SHARESource text: [ID:n0001178913-25-001881]Reuters
Tue, May 20
Other
Arctic Wolf: AI surpasses ransomware as leading cybersecurity concern
By Mia MacGregorMay 20 - (The Insurer) - AI has become the leading cybersecurity concern for security and IT leaders, according to a new report from Arctic Wolf.The 2025 Trends Report, which surveyed over 1,200 senior IT and cybersecurity decision-makers across 15 countries, found that AI has surpas...Reuters
Tue, May 20
Stocks
This Artificial Intelligence (AI) Chipmaker Just Got a Game-Changing Boost From Amazon, and Nvidia Investors Should Be Paying Close Attention
Each quarter, investors get a glimpse into which stocks "smart money" investors on Wall Street are buying and selling thanks to a nifty tool called the Form 13F. These filings are required by the Securities and Exchange Commission (SEC), and essentially serve as an itemized breakdown of what stocks ...The Motley Fool
Tue, May 20
Stocks
ResMed falls after rival's sleep apnea drug succeeds in late-stage study
** Shares of medical device maker ResMed RMD.N fall 3.8% to $244.56** RMD's rival Apnimed said late on Monday that its oral pill met the main goal in a late-stage study to treat obstructive sleep apnea** Apnimed's experimental drug, AD109, showed a mean reduction of 55.1% on a scale that mea...Reuters
Tue, May 20
