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Economic Indicator
S&P affirms Bermuda sovereign rating, cites ‘steady’ insurance performance
By Michael LoneyMay 15 - (The Insurer) - S&P Global Ratings has affirmed Bermuda’s A-plus long-term sovereign credit and senior unsecured debt ratings, highlighting the “steady” performance in its insurance industry and the “smooth” implementation of the new corporate income tax.The rating agenc...Reuters
Thu, May 15
Stocks
Why Foot Locker Is Outpacing Dick's Sporting Goods Today
Dick's Sporting Goods (NYSE: DKS) has agreed to acquire Foot Locker (NYSE: FL) for $2.5 billion, which is a substantial premium to the target's current trading price.Foot Locker shares are jumping as a result, up 83% as of 10:15 a.m. ET, while Dick's is down about 15%.Where to invest $1,000 right no...The Motley Fool
Thu, May 15
Economic Indicator
India trade gap expands in April, data shows no rush to front-load exports
By Shivangi Acharya and Manoj Kumar NEW DELHI, May 15 (Reuters) - India's merchandise trade deficit was at its widest in five months in April, according to government data released on Thursday, as imports of petroleum products jumped, limiting the impact of an increase in exports to the Unit...Reuters
Thu, May 15
Other
FAA says it could ban Pentagon from routine VIP transport after DC crash
WASHINGTON, May 15 (Reuters) - The Federal Aviation Administration said Thursday it may ban the Pentagon from transporting government officials on routine missions around Reagan Washington National Airport."Everything is on the table right now in our review to make sure that we keep a safe envir...Reuters
Thu, May 15
Commodities
US natgas prices slide 2% to two-week low on big storage build, less demand
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 15 (Reuters) - U.S. natural gas futures slid about 2% to a two-week low on Thursday on a bigger-than-usual weekly storage build and forecasts for ...Reuters
Thu, May 15
Other
Germany's Merz: will confiscate frozen Russian assets if legally possible
May 15 (Reuters) - Germany and its allies will move to confiscate frozen Russian assets if legally possible, Chancellor Friedrich Merz said in an interview with the Zeit newspaper published on Thursday.There are also discussions about more sanctions against Russia in the energy sector, banking secto...Reuters
Thu, May 15
Economic Indicator
Euro zone bond yields fall, take cues from Treasuries
Euro zone bond yields lowerUS yields drop after soft dataEasing trade tensions remain in focusBy Lucy Raitano LONDON, May 15 (Reuters) - Euro zone bond yields fell on Thursday, taking cues from U.S. Treasuries as soft inflation, retail sales and factory data kept Federal Reserve rate cuts on the ...Reuters
Thu, May 15
Commodities
Antofagasta's Zaldivar mine in Chile secures environmental approvals through 2028
SANTIAGO, May 15 (Reuters) - Antofagasta's ANTO.L Zaldivar copper mine in Chile has obtained an environmental approval from local authorities to extend operations through 2028, the London-listed miner said on Thursday. "Thanks to this resolution, Minera Zaldivar will be able to operate with ...Reuters
Thu, May 15
Other
Chief Russian negotiator at Istanbul talks says Moscow's aim is to secure a long-lasting peace with Ukraine
ISTANBUL, May 15 (Reuters) - Vladimir Medinsky, the head of Russia's delegation at peace talks on Ukraine in Turkey, said on Thursday that Moscow's aim was to secure a long-lasting peace with Kyiv by looking for common ground and removing the reasons for the conflict.Reuters
Thu, May 15
Stocks
Why Boot Barn Stock Popped After Earnings
Boot Barn (NYSE: BOOT) stock was trading up by 17.5% as of 10:37 a.m. ET Thursday, and it's pretty clear what powered that surge.In the fiscal 2025 fourth-quarter earnings report that it delivered on Wednesday evening, the retailer said it earned $1.22 per share on sales of $453.7 million. That came...The Motley Fool
Thu, May 15
Other
US issues general license related to Caspian pipeline, Treasury Dept website says
WASHINGTON, May 15 (Reuters) - The U.S. Treasury Department issued a general license on Thursday authorizing petroleum services related to the Caspian Pipeline Consortium and Tengizchevroil projects.Reuters
Thu, May 15
Other
Iran's nation considers Trump 'murderer' of Guards commander Soleimani, Revolutionary Guards top commander says
DUBAI, May 15 (Reuters) - The top commander of Iran's Revolutionary Guards, Hossein Salami, told U.S. President Donald Trump on Thursday that the Iranian nation considered him the "murderer" of Quds Force commander Qassem Soleimani.Soleimani was the commander of the Quds Force, the overs...Reuters
Thu, May 15
Commodities
ARA oil product stocks fall to 9-month lows, Insights Global data shows
LONDON, May 15 (Reuters) - Oil product stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by nearly 1% on the week to nine-month lows, data from Dutch consultancy Insights Global showed on Thursday.Total stocks stood at 5.8 million metric tons, their low...Reuters
Thu, May 15
Commodities
Gold price rebounds above $3,200 as US PPI and Retail Sales miss estimates
Gold prices recovered some ground earlier during the North American session after US economic data suggested that factory gate inflation continues to decelerate while consumer spending debilitated due to US tariffs. At the time of writing, the XAU/USD trades at $3,202, up by 0.82%.
Fxstreet
Thu, May 15
Economic Indicator
TREASURIES -US yields slip after weak producer prices, mixed retail sales
US producer prices fell on monthly basis in AprilUS April retail sales edge upUS factory output drops 0.4%US rate futures bet Fed will cut rates in SeptemberBy Tatiana Bautzer NEW YORK, May 15 (Reuters) - U.S. Treasury yields fell on Thursday after data showed some deceleration in the world'...Reuters
Thu, May 15
Other
US targets Iran-backed Hezbollah with new sanctions, Treasury Departments says
WASHINGTON, May 15 (Reuters) - The United States targeted two senior Hezbollah officials and two financial facilitators with new sanctions on Thursday for their role in coordinating financial transfers to the Iran-backed group, the Treasury Department said. The latest sanctions come as President ...Reuters
Thu, May 15
Other
REFILE-Stellantis chairman denies merger talks with Renault
ROME, May 15 (Reuters) - Stellantis STLAM.MI Chairman John Elkann on Thursday denied there was any truth to rumours that the company is in merger talks with fellow European automaker Renault RENA.PA."We are not discussing any merger," Elkann said at the FT Future of the Car Summit in London,...Reuters
Thu, May 15
Other
Erdogan tells Zelenskiy that Turkey to host him, Putin when they are ready
ANKARA, May 15 (Reuters) - President Tayyip Erdogan told Ukraine's Volodymyr Zelenskiy in Ankara on Thursday that Turkey was ready to host him and Russia's Vladimir Putin for peace talks "when they are ready", his office said. Erdogan met Zelenskiy in the Turkish capital after Putin ...Reuters
Thu, May 15
Other
Soccer-Start of FIFA Congress delayed as delegates wait for Infantino's arrival in Paraguay
By Javier LeiraASUNCION, May 15 (Reuters) - FIFA President Gianni Infantino's late arrival in Paraguay forced a two-hour delay to the start of the FIFA Congress on Thursday, sources told Reuters, following his Middle East trip accompanying Donald Trump on state visits. Media reports said Infanti...Reuters
Thu, May 15
