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Commodities
Utility Vistra to buy natural gas assets for $1.9 billion to meet power demand
May 15 (Reuters) - Utility Vistra VST.N said on Thursday it would acquire seven natural gas generation facilities, with a combined capacity of nearly 2,600 megawatt, from Lotus Infrastructure Partners for $1.9 billion, as it looks to meet growing power demand. The U.S. Energy Information Administr...Reuters
Thu, May 15
Other
Japan's TDK accelerates launch of next-generation battery
TOKYO, May 16 (Reuters) - Electronic components manufacturer TDK Corp 6762.T is accelerating the launch of its next-generation silicon anode batteries, with preparations running ahead of schedule and demand from smartphone makers. Apple-supplier AAPL.O TDK was due to start shipping the third generat...Reuters
Thu, May 15
Stocks
'Big Short' investor Burry turns bearish on China in Q1
By Carolina Mandl NEW YORK, May 15 (Reuters) - Michael Burry's Scion Asset Management ended the first quarter more bearish on Chinese companies as the Trump administration discussed new trade policies, a regulatory filing showed. Burry, known for his prescient calls ahead of the 2008 U.S....Reuters
Thu, May 15
Other
Bayer US head says FDA chief reassured pharma executives of timely reviews
By Bhanvi Satija and Michael ErmanNEW YORK, May 15 (Reuters) - Bayer BAYGn.DE Pharmaceuticals' chief operating officer said the head of the top U.S. drug regulator recently reassured industry executives that the Food and Drug Administration would meet its targets for reviews despite recent job c...Reuters
Thu, May 15
Other
Credicorp posts 17.6% increase in Q1 net profit
May 15 (Reuters) - Credicorp BAP.LM, one of Peru's largest financial holding companies, reported a first-quarter net profit of 1.78 billion Peruvian soles on Thursday, up 17.6% from the same period last year.Analysts polled by LSEG had on average predicted a net profit of 1.61 billion soles.Net ...Reuters
Thu, May 15
Other
Banco do Brasil places some 2025 projections under review after profit miss
SAO PAULO, May 15 (Reuters) - Lender Banco do Brasil BBAS3.SA said on Thursday it has placed its 2025 projections for net interest income, cost of credit and adjusted net income under review, citing factors such as the worsening in the delinquency of its agribusiness credit book.The announcement cam...Reuters
Thu, May 15
Other
US consumer watchdog revises fine for Wise
WASHINGTON, May 15 (Reuters) - The U.S. Consumer Financial Protection Bureau said on Thursday it was amending a previous consent order with Wise WISEa.L, an international remittance company.It said the order resolves claims it inaccurately advertised fees and failed to properly disclose exchange rat...Reuters
Thu, May 15
Forex
Mexican Peso falls as Banxico cuts rates, USD/MXN rises
The Mexican Peso (MXN) depreciated against the US Dollar (USD) on Thursday after the Banco de Mexico (Banxico) reduced rates as expected, amid weaker-than-expected economic data from the United States (US). At the time of writing, the USD/MXN trades at 19.49, up 0.61%.
Fxstreet
Thu, May 15
Stocks
Why Biohaven Stock Dove by Nearly 20% on Thursday
Volatile biotech stock Biohaven (NYSE: BHVN) is prone to sharp movements both up and down. On Thursday, it had one of its down days, with its share price eroding by almost 20% on a development with a top regulator. That was on a day when stocks generally did well, as indicated by the S&P 500 (SNPIND...The Motley Fool
Thu, May 15
Other
Grupo Argos posts Q1 net profit down 69%
BOGOTA, May 15 (Reuters) - Colombia's Grupo Argos ARG.CN reported a 69% year-on-year drop in first-quarter net profit on Thursday, falling to 1.19 trillion pesos ($282.6 million).However, adjusted net profit, excluding non-recurring items, tripled to 113 billion pesos compared to the same period...Reuters
Thu, May 15
Commodities
Brazil food companies Marfrig and BRF to merge, says source
SAO PAULO, May 15 (Reuters) - Brazilian food companies Marfrig MRFG3.SA and BRF BRFS3.SA are expected to announce a merger involving a share swap this evening, a source briefed on the matter told Reuters on condition of anonymity because the deal has not been made public yet.The companies are eyeing...Reuters
Thu, May 15
Cryptocurrencies
Dogecoin Consolidates With Purpose As Breakout Hints At A Rally To $0.4
As Wednesday drew to a close, Dogecoin witnessed a pullback due to growing bearish market sentiment, causing the dog-themed meme coin to enter a consolidation phase. DOGE’s price may be consolidating, but a crypto analyst claims that the development is a promising one that could trigger an upward tr...Bitcoinist
Thu, May 15
Cryptocurrencies
Is Bitcoin Price Turning Bullish Or Bearish? Crypto Analyst Reveals Critical Levels To Watch
Bitcoin’s price action in the past 24 hours has seen it slowly retracing from the $104,000 zone it started the week at. This range has become particularly significant as Bitcoin continues to flirt with levels last seen during its recent push toward new all-time highs. Bitcoin’s price mov...NewsBTC
Thu, May 15
Commodities
CORRECTED-Cava beats quarterly revenue estimates on strong demand
May 15 (Reuters) - Cava Group CAVA.N beat estimates for first-quarter revenue on Thursday, helped by robust demand for its Mediterranean cuisine despite a broader slowdown in dining out across the United States.Cava also maintained its annual forecasts for same-store sales growth and margin at a tim...Reuters
Thu, May 15
Other
US FAA plans new round of talks with airlines to cut Newark flights
By David ShepardsonMay 15 (Reuters) - The Federal Aviation Administration plans a third day of talks on Friday with airlines to temporarily reduce flights at New Jersey's Newark Liberty International Airport after completing an intensive day of discussions seeking to reduce delays, officials sai...Reuters
Thu, May 15
Other
EXPLAINER-Is Qatar's gift of a plane to President Trump allowed under US law?
By Mike Scarcella and Tom Hals May 15 (Reuters) - U.S. President Donald Trump's plan to accept a $400 million airplane from Qatar raises a raft of questions about the scope of laws that relate to gifts from foreign governments and are intended to thwart corruption and improper influence, lega...Reuters
Thu, May 15
Commodities
CANADA-CRUDE-Discount on Western Canada Select heavy crude widens
May 15 (Reuters) - The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) CLc1 widened on Thursday.WCS for June delivery in Hardisty, Alberta, settled at $9.25 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, after havi...Reuters
Thu, May 15
Other
Trump agenda hits speed bump in US Congress as hardliners revolt
House Budget Committee vote may be delayed due to opposition from hardlinersTrump's tax bill extends cuts from first term, costing $3.72 trillion over a decadeRepublicans need unity to pass bill amid Democratic opposition to social program cutsBy David Morgan WASHINGTON, May 15 (Reuters) - A ...Reuters
Thu, May 15
