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Microsoft makes Office-Teams offer to avert EU antitrust fine
BRUSSELS, May 16 (Reuters) - Microsoft MSFT.O has offered to make its Office product without Teams cheaper than when sold with Teams, EU antitrust regulators said on Friday, which could spare the company a big fine and ease tensions with the United States.
Reuters
Fri, May 16
Other
Sun Pharma Announces FDA Approval Of Next Generation BLU-U Blue Light Photodynamic Therapy Illuminator
May 16 (Reuters) - Sun Pharmaceutical Industries Ltd SUN.NS:SUN PHARMA ANNOUNCES FDA APPROVAL OF NEXT GENERATION BLU-U® BLUE LIGHT PHOTODYNAMIC THERAPY ILLUMINATOR FOR ACTINIC KERATOSISReuters
Fri, May 16
Stocks
US STOCKS-Wall Street set to continue strong weekly showing as trade, inflation jitters ease
May 16 (Reuters) - Wall Street's main indexes were set to open higher on Friday, building on this week's gains fueled by a U.S.-China tariff truce and tamer inflation data, while a vote on President Donald Trump's sweeping tax legislation was also in focus.Reuters
Fri, May 16
Stocks
NYSE Content Advisory: Pre-Market update + NYSE celebrates 233 years forward
NEW YORK, May 16, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on May 16t...PR Newswire
Fri, May 16
Stocks
MIDEAST STOCKS-Dubai and Abu Dhabi end week in positive territory as Trump wraps Gulf tour
May 16 (Reuters) - Dubai's main share index .DFMGI rose to a record high on Friday, settling up 1.05%, as a slew of business deals between the United Arab Emirates and the United States boosted investor confidence.President Donald Trump on his last stop of a Gulf tour on Friday said that the...Reuters
Fri, May 16
Other
Datavault AI Inc expected to post a loss of 15 cents a share - Earnings Preview
Datavault AI Inc DVLT.OQ DVLT.O is expected to show a rise in quarterly revenue when it reports results on August 12 (estimated) for the period ending June 30 2025The Beaverton Oregon-based company is expected to report a 334.8% increase in revenue to $1.5 million from $345 thousand a year ago, ac...Reuters
Fri, May 16
Other
NEWSMAKER-Nationalist Polish presidential contender talks tough on Ukraine
Historical grievances often play role in Polish electionsUkraine and Poland differ on 1940s killingsRelations with Ukrainian refugees high on campaign agendaBy Anna Wlodarczak-Semczuk, Justyna Pawlak WARSAW, May 16 (Reuters) - While his main rival plays up his European credentials, nationalist Po...Reuters
Fri, May 16
Other
Inigo’s Smith and Gobey: We wouldn't be here without our job share
By George AbbottMay 16 - (The Insurer) - Emma Smith and Victoria Gobey, both international property line underwriters at Inigo, attribute their career success to their unique job-share arrangement.Asked whether the duo would be where they are in their careers without the job share, Smith replied: “P...Reuters
Fri, May 16
Other
Aura Biosciences Inc expected to post a loss of 49 cents a share - Earnings Preview
Aura Biosciences Inc AURA.OQ AURA.O is expected to show no change in quarterly revenue when it reports results on May 15 (estimated) for the period ending June 30 2025LSEG's mean analyst estimate for Aura Biosciences Inc is for a loss of 49 cents per share. The current average analyst rating o...Reuters
Fri, May 16
Other
Alstom says CEO Poupart-Lafarge will not seek another term
By Anna PeverieriMay 16 (Reuters) - Alstom's ALSO.PA CEO Henri Poupart-Lafarge will not seek a fourth term as head of the French train maker and plans to step down at the end of his current mandate in 2027, the company said on Friday.Alstom, which has struggled to recover from its costly 2021 ac...Reuters
Fri, May 16
Stocks
Inozyme Pharma rises over 175% on $270 million buyout deal with BioMarin
** Shares of rare disease therapy developer Inozyme Pharma INZY.O rise 179% to $3.96 premarket ** BioMarin Pharma BMRN.O says that it has entered into an agreement to buy Inozyme Pharma for $4 per share in an all-cash transaction for a total consideration of around $270 million** The deal is expecte...Reuters
Fri, May 16
Other
Target Hospitality Corp expected to post a loss of 2 cents a share - Earnings Preview
Target Hospitality Corp TH.OQ TH.O is expected to show a fall in quarterly revenue when it reports results on May 19 for the period ending March 31 2025The The Woodlands Texas-based company is expected to report a 38.7% decrease in revenue to $65.367 million from $106.67 million a year ago, accord...Reuters
Fri, May 16
Stocks
Here's Why Data Center Equipment Company and Nvidia Partner Vertiv Soared This Week
Shares in data center equipment company and Nvidia partner Vertiv Holdings (NYSE: VRT) rose by 12% in the week ending Friday morning. The move was prompted by positive newsflow for the artificial intelligence (AI)/data center sector. Here's the lowdown.Tariff de-escalation and a boost to American in...The Motley Fool
Fri, May 16
Stocks
Vistra gains on $1.9 bln natural gas facilities deal
** Shares of utility co Vistra Corp VST.N up 3.6% premarket to $157.51 after acquisition news** Irving, Texas-based Vistra said late Thurs it would buy seven natural gas generation facilities from Lotus Infrastructure Partners for $1.9 bln, to help meet growing power demand** Gas plants are located ...Reuters
Fri, May 16
Stocks
Best Stock to Buy Right Now: Constellation Brands vs. Anheuser-Busch InBev
It's a matchup between two of the world's largest brewing companies with diverging fortunes in 2025. Shares of Constellation Brands (NYSE: STZ) are down 15% year to date as of this writing amid uncertainties regarding its import-heavy beer portfolio and the effect of tariffs on its U.S. market posit...The Motley Fool
Fri, May 16
Cryptocurrencies
The Best New Crypto to Buy as Robbie Ferguson Says Web3 Gaming Could Triple Crypto DAU
Immutable’s Robbie Ferguson declared that the Web3 gaming sphere could triple its Daily Active Users (DAU), following an analysis of the modern gaming world. The best new crypto to buy today is one that will rally as a result. Ferguson’s statement included the observation that Player Unknown Battleg...Bitcoinist
Fri, May 16
Forex
Mexican Peso trims some of Banxico-related losses following interest-rate cut
The Mexican peso (MXN) is consolidating against the US dollar (USD) on Friday after recovering some of the ground lost on Thursday after the Banco de Mexico (Banxico) decided to cut interest rates, as expected.
Fxstreet
Fri, May 16
Other
Nexgen Energy Ltd expected to post a loss of 4 cents a share - Earnings Preview
Nexgen Energy Ltd NXE.TO is expected to report resultson May 20 for the period ending June 30 2025LSEG's mean analyst estimate for Nexgen Energy Ltd is for a loss of 4 cents per share. The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 &...Reuters
Fri, May 16
