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Commodities
PRECIOUS-Gold slips, heads for worst week in six months on easing trade tensions
Gold down more than 4% this weekDollar headed for fourth straight weekly gainSilver down close to 2%By Brijesh Patel May 16 (Reuters) - Gold prices dropped more than 2% on Friday and were heading for their worst week in six months, as an overall higher dollar and a temporary U.S.-China trade agre...Reuters
Fri, May 16
Stocks
Charter rises on deal to buy Cox Communications for $21.9 bln
** Shares of broadband and cable TV provider Charter Communications CHTR.O jump 9.7% to $460.06 premarket** CHTR will buy privately held rival Cox Communications for $21.9 bln, uniting two of the largest U.S. cable and broadband operators as they battle streaming giants and mobile carriers for custo...Reuters
Fri, May 16
Other
Charter Communications & Cox Communications Announce Definitive Agreement To Combine Companies
May 16 (Reuters) - Charter Communications Inc CHTR.O:CHARTER COMMUNICATIONS AND COX COMMUNICATIONS ANNOUNCE DEFINITIVE AGREEMENT TO COMBINE COMPANIESCHARTER COMMUNICATIONS INC: PROPOSED TRANSACTION VALUES COX COMMUNICATIONS AT AN ENTERPRISE VALUE OF APPROXIMATELY $34.5 BILLIONCHARTER COMMUNICATIONS ...Reuters
Fri, May 16
Commodities
Adnoc Says XRG Signs A Framework Agreement With Occidental Subsidiary 1Pointfive
May 16 (Reuters) - ABU DHABI NATIONAL OIL CO [RIC:RIC:ADNOC.UL]:XRG SIGNS A FRAMEWORK AGREEMENT WITH OCCIDENTAL SUBSIDIARY 1POINTFIVEFRAMEWORK AGREEMENT TO EVALUATE A POTENTIAL INVESTMENT IN A DIRECT AIR CAPTURE (DAC) PROJECT IN KLEBERG COUNTYFurther company coverage: ADNOC.ULReuters
Fri, May 16
Other
Nvidia seeks Shanghai R&D site after US chip curbs, say sources
CEO Jensen Huang underlined China's importance during April visitShanghai could offer incentives for Nvidia projectShanghai may provide large area of land for R&D centreBy Julie Zhu and Clare Jim HONG KONG, May 16 (Reuters) - Nvidia NVDA.O is seeking a site in Shanghai for a research and ...Reuters
Fri, May 16
Stocks
Why Phillips 66 Stock Has Been a Gusher for Investors This Week
An activist investor's battle for influence at downstream energy giant Phillips 66 (NYSE: PSX) is heating up, and it's pushing up the share price. The company's share price was up by nearly 13% week to date as of Thursday night, according to data compiled by S&P Global Market Intelligence, largely a...The Motley Fool
Fri, May 16
Cryptocurrencies
Bitcoin Weekly Forecast: BTC stabilizes near $103,000 amid trade optimism, rising institutional demand
Bitcoin (BTC) price stabilizes at around $103,000 when writing on Friday, after facing multiple rejections at the key $105,000 resistance level throughout the week.
Fxstreet
Fri, May 16
Stocks
3 Dividend Stocks to Buy Now That Are Crushing the S&P 500 in 2025
The S&P 500 has rocketed higher in recent weeks but is still down year to date at the time of this writing. Trade tensions have eased somewhat, but there remains a great deal of macroeconomic uncertainty -- not to mention the ongoing "stroke of the pen risk," which refers to the dangers that compani...The Motley Fool
Fri, May 16
Commodities
GLOBAL LNG-Asian spot LNG prices rise slightly on US-China tariff truce
By Marwa Rashad LONDON, May 16 (Reuters) - Asian spot liquefied natural gas (LNG) prices rose slightly for the second week running amid a slight uptick in demand as industrial sentiment improved following a 90-day tariff truce agreed by the United States and China during trade talks. The ...Reuters
Fri, May 16
Economic Indicator
First new market forecasts for Platinum and Palladium – Commerzbank
A market-leading refiner of Platinum group metals headquartered in London yesterday published its new forecasts for the supply and demand of Platinum group metals, Commerzbank's commodity analyst Carsten Fritsch notes.Fxstreet
Fri, May 16
Economic Indicator
Markets quiet but USD looks vulnerable on pause in Fed cut fade trade – Scotiabank
Markets are quiet heading into Friday’s NA session with limited movement across most of the G10 currencies and minimal dispersion in terms of performance, aside from NZD (outperforming on higher than expected inflation expectation data) and SEK (underperforming in response to Riksbank Gov.Fxstreet
Fri, May 16
Stocks
Street View: Deere & Co harvests opportunity as trade winds shift
** Agricultural-equipment maker Deere & Co DE.N on Thursday cut lower end of its annual profit forecast but beat expectations for second-quarter results on cost-saving measures and inventory management** Average recommendation of 24 brokerages is "buy", median PT is $500 - data compiled ...Reuters
Fri, May 16
Stocks
Lithium Americas falls on $1 billion mixed shelf offering
** U.S.-listed shares of Lithium Americas LAC.N, LAC.TO fall 8.5% to $2.89 premarket** Company late on Thursday filed for mixed shelf offering of about $1 billion** LAC plans to use proceeds from share offerings to finance capital expenditures, repay debt and for other general purposes** Separately,...Reuters
Fri, May 16
Other
Morning News Call - Canada, May 16
(Morning News Call - Canada edition will not be published on Monday, May 19, on account of the Victoria Day holiday) To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your em...Reuters
Fri, May 16
Commodities
GRAINS-Chicago soyoil extends slide on biofuel doubts, soybeans steady
BEIJING/PARIS, May 16 (Reuters) - Chicago soyoil futures extended losses on Friday after plunging by their daily limit in the previous session as uncertainty over a U.S. biodiesel mandate hung over the market.Prices for soybeans, the crop which produces soyoil, steadied after tumbling on Thursday, u...Reuters
Fri, May 16
