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Levi Strauss Enters Deal To Sell Dockers To Authentic Brands Group, For $311 Million
May 20 (Reuters) - Levi Strauss & Co LEVI.N:LEVI STRAUSS: ENTERS DEAL TO SELL DOCKERS TO AUTHENTIC BRANDS GROUP, FOR $311 MILLIONLEVI STRAUSS: DEAL VALUE HAS POTENTIAL TO REACH UP TO $391 MILLION VIA $80 MILLION EARNOUT OPPORTUNITYLEVI STRAUSS: INTENDS TO RETURN ABOUT $100 MILLION OF NET CASH PR...
Reuters
Tue, May 20
Other
FACTBOX-European companies cut jobs in response to slowing economy
May 20 (Reuters) - Difficult economic conditions, exacerbated by U.S. President Donald Trump's tariffs, and persistently weak demand for many products have forced companies across Europe to freeze hiring or cut jobs.Here are some of the layoffs announced since the beginning of April:CAR AND CAR ...
Reuters
Tue, May 20
Forex
EUR steady despite continued dovishness from ECB – Scotiabank
Euro (EUR) is entering Tuesday’s NA session largely unchanged vs. the USD while trading with modest support over the past week or so, ignoring continued dovish messaging from key policymakers at the ECB, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EUR/USD
Fxstreet
Tue, May 20
Other
Lightspeed Commerce Inc
expected to post earnings of 11 cents a share - Earnings Preview
Lightspeed Commerce Inc LSPD.TO is expected to show a rise in quarterly revenue when it reports results on May 22 for the period ending March 31 2025The Montreal Quebec-based company is expected to report a 9.7% increase in revenue to $252.593 million from $230.22 million a year ago, according to...
Reuters
Tue, May 20
Other
Williams-Sonoma Inc
expected to post earnings of $1.76 a share - Earnings Preview
Williams-Sonoma Inc WSM.N, WSM is expected to show a rise in quarterly revenue when it reports results on May 22 for the period ending April 30 2025The San Francisco California-based company is expected to report a 0.5% increase in revenue to $1.668 billion from $1.66 billion a year ago, according...
Reuters
Tue, May 20
Forex
CAD holds trading range around 1.3950 ahead of CPI – Scotiabank
The Canadian Dollar (CAD) continues to pivot around the mid-1.39 point as investors await signs on how US/Canada trade relations are going to evolve and the impact that will have on Canada’s domestic prospects, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USD/CAD
Fxstreet
Tue, May 20
Other
Robert F. Kennedy Jr calls WHO 'moribund', urges others to quit
By Emma Farge GENEVA, May 20 (Reuters) - U.S. Health and Human Services Secretary Robert F. Kennedy Jr. dismissed the World Health Organization as bloated and "moribund" in a video shown to global health officials meeting on Tuesday for the body's annual assembly in Geneva.The U.N. ag...
Reuters
Tue, May 20
Commodities
Dorian LPG Ltd
expected to post earnings of 75 cents a share - Earnings Preview
Dorian LPG Ltd LPG.N, LPG is expected to show a fall in quarterly revenue when it reports results on May 22 for the period ending March 31 2025The Stamford Connecticut-based company is expected to report a 31.4% decrease in revenue to $97.005 million from $141.39 million a year ago, according to t...
Reuters
Tue, May 20
Other
UK sanctions Israeli settlers in West Bank
LONDON, May 20 (Reuters) - Britain said on Tuesday it had sanctioned a number of individuals and groups in the West Bank who it said had been linked with acts of violence against Palestinians.
Reuters
Tue, May 20
Other
Renault still open to supply technology to rivals to make cars cheaper, CEO says
MILAN, May 20 (Reuters) - French automaker Renault RENA.PA is willing to supply technology to other carmakers to help increase the total output of vehicles with shared features that make them cheaper to manufacture, CEO Luca De Meo said on Tuesday.De Meo, an Italian national, told a parliamentary he...
Reuters
Tue, May 20
Stocks
Spot Bitcoin ETFs to Buy With $100 and Hold Forever
Traditional-minded investors have been able to invest in Bitcoin (CRYPTO: BTC) via exchange-traded funds (ETFs) since January 2024. There are 11 spot Bitcoin ETFs on the market today, and they are pretty much the same thing in many ways. But if you want to get started with Bitcoin investing from thi...
The Motley Fool
Tue, May 20
Other
Titan Machinery Inc
expected to post a loss of 100 cents a share - Earnings Preview
Titan Machinery Inc TITN.OQ TITN.O is expected to show a fall in quarterly revenue when it reports results on May 22 for the period ending April 30 2025The West Fargo North Dakota-based company is expected to report a 29.0% decrease in revenue to $446.275 million from $628.7 million a year ago, ac...
Reuters
Tue, May 20
Other
WHO members adopt global pandemic accord, but US absence casts doubts
Global accord aims to avoid repeat of uneven COVID responseTreaty's effectiveness faces doubts in US absence'Victory for public health and multilateral action': WHO chiefBy Olivia Le Poidevin GENEVA, May 20 (Reuters) - Members of the World Health Organization adopted an agreement on T...
Reuters
Tue, May 20
Other
Germany counts on the U.S. to pressure Russia into a ceasefire, says minister
BRUSSELS, May 20 (Reuters) - Germany is still counting on the U.S. to pile more pressure on Russia for an immediate ceasefire in its war on Ukraine, Berlin said on Tuesday, despite a call between Presidents Donald Trump and Vladimir Putin that did not yield progress in that respect."We have repe...
Reuters
Tue, May 20
Economic Indicator
Australia: A cut and a dovish surprise – Standard Chartered
The Reserve Bank of Australia (RBA) cut the cash rate by 25bps to 3.85%, as we had expected. The policy statement and Governor Bullock’s subsequent press conference both screened as dovish.
AUD/USD
Fxstreet
Tue, May 20
Economic Indicator
Canada Consumer Price Index - Core (MoM): 0.4% (April) vs -0.2%
Canada Consumer Price Index - Core (MoM): 0.4% (April) vs -0.2%
USD/CAD
Fxstreet
Tue, May 20
Economic Indicator
Canada Consumer Price Index (MoM) came in at -0.1%, below expectations (0.5%) in April
Canada Consumer Price Index (MoM) came in at -0.1%, below expectations (0.5%) in April
USD/CAD
Fxstreet
Tue, May 20
Economic Indicator
Canada BoC Consumer Price Index Core (MoM) registered at 0.5% above expectations (0.2%) in April
Canada BoC Consumer Price Index Core (MoM) registered at 0.5% above expectations (0.2%) in April
Fxstreet
Tue, May 20
Economic Indicator
Canada Consumer Price Index (YoY) above expectations (1.6%) in April: Actual (1.7%)
Canada Consumer Price Index (YoY) above expectations (1.6%) in April: Actual (1.7%)
USD/CAD
Fxstreet
Tue, May 20
Economic Indicator
Canada BoC Consumer Price Index Core (YoY) up to 2.5% in April from previous 2.2%
Canada BoC Consumer Price Index Core (YoY) up to 2.5% in April from previous 2.2%
Fxstreet
Tue, May 20
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