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Forex
EUR/JPY snaps three-day losing streak, edges higher as Eurozone inflation holds steady
EUR/JPY trades modestly higher near 163.20 on Monday, snapping a three-day losing streak, as investors digest steady Eurozone inflation data, flexible policy signals from the Bank of Japan (BoJ), and fresh geopolitical developments ahead of key economic releases.
Fxstreet
Mon, May 19
Other
Poland seizes aircraft tyres bound for Russia in suspected sanctions breach
WARSAW, May 19 (Reuters) - Polish officials have seized 5 metric tons of tyres for Boeing passenger planes that were due to transit through Belarus and Russia, in what Poland's tax and customs office on Monday said constituted a breach of European sanctions. Western countries have impose...Reuters
Mon, May 19
Other
JPMorgan, Blackrock build stakes in Italy's Bper Banca, filing shows
May 19 (Reuters) - Italian market regulator Consob says in filing:JP MORGAN HAS 9.083% OF BPER BANCA AS OF MAY 8, OF WHICH 5.8% THROUGH DERIVATIVES - FILINGBLACKROCK HOLDS 5.018% OF BPER BANCA AS OF MAY 14, MAINLY VOTING RIGHTS - FILINGSource text: [ID:]Reuters
Mon, May 19
Stocks
What You Have Learned From The Motley Fool's David Gardner, Vol. 6
The best gifts are the ones that keep on giving, and that's what this episode of Rule Breaker Investing all about! Today's show highlights the things you've told us that you learned from Motley Fool co-founder David Gardner, called out and amplified to help us all navigate another challenging year. ...The Motley Fool
Mon, May 19
Stocks
Why QuantumScape Stock Short-Circuited Today
QuantumScape (NYSE: QS) stock stumbled in Monday morning trading after The Wall Street Journal reported that partner General Motors (NYSE: GM) is getting cold feet about the EV revolution.Laws that promote electric vehicles and "emissions standards that are not aligned with market realities pose a s...The Motley Fool
Mon, May 19
Other
EXCLUSIVE-Nippon Steel to invest $4 billion for new mill in supercharged new offer, document says
Nippon Steel raises investment pledge for U.S. Steel in last ditch appeal to win US approval-document, sourcesNippon's $14 bln investment pledge includes $4 bln for a new steel mill, document saysDeal has faced opposition from both Biden and TrumpFresh national security review due on May 21 By A...Reuters
Mon, May 19
Economic Indicator
Fed's Williams says he has not seen any big move out of US assets, monetary policy in good place
By Michael S. DerbyNEW YORK, May 19 (Reuters) - New York Federal Reserve President John Williams acknowledged on Monday that investors are taking a look at how they invest in U.S. assets while noting he's seen no large-scale move away from the nation, adding that the U.S. central bank can take i...Reuters
Mon, May 19
Other
Russian court fines Apple for violating 'LGBT propaganda' law
May 19 (Reuters) - A Russian court has fined U.S. tech giant Apple AAPL.O 7.5 million roubles ($93,500) for three separate breaches of Russian rules on what Moscow calls LGBT propaganda, the Moscow courts' press office said on Monday. Russia in 2023 widened restrictions on the promotion of &...Reuters
Mon, May 19
Other
US imposes visa bans on India travel agents for facilitating illegal migration
WASHINGTON, May 19 (Reuters) - The U.S. State Department said on Monday that it was imposing visa restrictions on owners and other staff at India-based travel agencies that it says knowingly facilitate illegal migration to the United States.An unspecified number of unnamed people linked to travel ag...Reuters
Mon, May 19
Stocks
Plug Power gains after CFO Middleton buys 350,000 shares
** Shares of hydrogen fuel cell maker Plug Power PLUG.O up 6.2% at 82 cents** Co say its CFO Paul Middleton on Friday had purchased 350,000 shares of Plug in an open market transaction at an average price of $0.7154/ shr, representing a total value of about $250,000** "This purchase reflects my ...Reuters
Mon, May 19
Other
Clear Blue’s $45 million surplus note gets KBRA BBB preliminary rating to support growth
By David BullMay 19 - (The Insurer) - KBRA has assigned a preliminary rating of BBB with a stable outlook to surplus notes totaling an estimated $45 million issued by Clear Blue carrier subsidiaries that will support a strong growth pipeline, after the fronting carrier secured support from investors...Reuters
Mon, May 19
Economic Indicator
Scope Ratings Says US Public Debt Trajectory And Interest Payments Set To Worsen And Exceed Sovereign Peers
May 19 (Reuters) - SCOPE RATINGS:SCOPE RATINGS: US PUBLIC DEBT TRAJECTORY AND INTEREST PAYMENTS SET TO WORSEN AND EXCEED SOVEREIGN PEERSSCOPE: TRUMP’S PROPOSED REDUCTIONS IN DISCRETIONARY FUNDING FOR 2026, HIGHER EXPECTED REVENUE FROM TARIFFS, UNLIKELY TO SIGNIFICANTLY LOWER BUDGET DEFICITSCOPE: EXP...Reuters
Mon, May 19
Commodities
US natgas futures fall 5% to 3-week low on rising output
US LNG export feedgas hit record high in AprilUS gas output hit record high in AprilUS gas storage about 3% over five-year normalBy Scott DiSavino May 19 (Reuters) - U.S. natural gas futures fell about 5% to a three-week low on Monday on a small increase in output over the last few days even thou...Reuters
Mon, May 19
Commodities
Rokstone and AIR Parametric get Liberty capacity for parametric US dairy industry cover
By Chris MunroMay 19 - (The Insurer) - Rokstone Agriculture has partnered with AIR Parametric and launched an innovative product that provides U.S-based dairy producers with protection against the impact of heat stress on their herds, with the new coverage backed by admitted capacity from Liberty Mu...Reuters
Mon, May 19
Other
Johnson & Johnson-backed MGU Motion Specialty secures Lloyd's coverholder status
By Scott VincentMay 19 - (The Insurer) - Former Hiscox underwriters Dan Alpay and Alex Kickham formally announced the launch of U.S. managing general underwriter Motion Specialty on Monday, supported by U.S. broker Johnson & Johnson. In a statement, Motion said it has received Lloyd's cover...Reuters
Mon, May 19
Other
Lockton appoints Gaffigan as US market strategy and engagement group leader
By Isha MaratheMay 19 - (The Insurer) - Lockton has appointed Vince Gaffigan, former risk consulting leader at the company, as its U.S. market strategy and engagement group leader.Gaffigan has over 35 years of experience in the industry. He first joined Lockton in 2000 as executive vice president, ...Reuters
Mon, May 19
Stocks
Piper Sandler upgrades Solventum on strong execution, consistent beats
** Piper Sandler upgrades medical device maker Solventum SOLV.N to "overweight" from "neutral", raises PT to $87 from $78** New PT implies 14.8% upside to stock's last close** Brokerage says co has shown strong execution, with four quarters of clean beats and slight guidance rais...Reuters
Mon, May 19
Commodities
Russia initiates dispute consultations on EU's carbon border adjustment package, WTO says
May 19 (Reuters) - The World Trade Organization on Monday said that Russia has requested WTO dispute consultations with the European Union and member states concerning EU's "Carbon Border Adjustment Mechanism Package".Reuters
Mon, May 19
