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Ftx Recovery Trust To Distribute More Than $5 Billion To Creditors In Second Distribution On May 30
May 15 (Reuters) - FTX: FTX RECOVERY TRUST TO DISTRIBUTE MORE THAN $5 BILLION TO CREDITORS IN SECOND DISTRIBUTION ON MAY 30
Reuters
Thu, May 15
Forex
Canadian Dollar middles as Loonie flows get pulled in both directions
The Canadian Dollar (CAD) went nowhere fast on Thursday, with the Loonie struggling to find momentum on either side.
USD/CAD
Fxstreet
Thu, May 15
Other
CTW Cayman Files For US IPO Of Class A Ordinary Shares - SEC Filing
May 15 (Reuters) - CTW CAYMAN - FILES FOR US IPO OF CLASS A ORDINARY SHARES - SEC FILINGCTW CAYMAN HAVE APPLIED TO LIST THE CLASS A ORDINARY SHARES ON THE NASDAQ CAPITAL MARKET UNDER THE SYMBOL “CTW"CTW CAYMAN: KINGSWOOD CAPITAL PARTNERS, LLC IS UNDERWRITER TO U.S. IPOCTW CAYMAN: FOLLOWING COMPL...
Reuters
Thu, May 15
Other
Trust is key differentiator for brokers against technology's existential threat: Biba panel
By Michael JonesMay 15 - (The Insurer) - Trust remains the key differentiator for brokers in the face of new technologies that could pose an existential threat to the current market model, a Biba conference panel said on Thursday.Panellists said new technologies, in particular artificial intelligenc...
Reuters
Thu, May 15
Other
Brazil's J&F becomes the sole shareholder of Eldorado Brasil, says J&F CEO
By Luciana Magalhaes SAO PAULO, May 15 (Reuters) - Brazil's J&F Investimentos on Thursday said it paid 15 billion reais ($2.64 billion) to Canada's Paper Excellence to acquire the shares it did not own in Eldorado Brasil Celulose, becoming the sole owner of the pulp and paper company....
Reuters
Thu, May 15
Stocks
US STOCKS-S&P 500 climbs; lifted by Cisco and tariff deal optimism
Cisco gains after raising FY forecasts UnitedHealth down on report it faces criminal probeS&P 500 +0.34%, Nasdaq -0.02%, Dow +0.41%By Noel Randewich and Pranav Kashyap May 15 (Reuters) - U.S. stocks were mixed on Thursday, with gains in Cisco Systems following an upbeat forecast, while Un...
Reuters
Thu, May 15
Commodities
Hot weather and high demand to pressure US power grid this summer, FERC says
By Laila KearneyMay 15 (Reuters) - Projected searing temperatures across the U.S. and the proliferation of data centers are expected to send electricity consumption to a four-year high this summer, testing the grid and pushing up power prices, the Federal Energy Regulatory Commission said on Thursda...
Reuters
Thu, May 15
Other
UK's FCA prioritises predictability in insurance regulatory strategy: Biba panel
FCA aims to strip outdated rules to lower costs and improve accessSicsic notes flexibility may challenge smaller firms under principle-based approachFCA's principle-based approach shifts risk balance to marketBy Michael JonesMay 15 - (The Insurer) - UK regulator Financial Conduct Authority's...
Reuters
Thu, May 15
Commodities
U.S. finance CEOs challenged for leaving climate pacts by Democratic lawmakers
BlackRock, JPMorgan CEOs among those to get letterAsks for confirmation of no weakening of climate targetsAlso seeks communications with Trump administrationBy Simon Jessop, Nupur Anand and Saeed Azhar NEW YORK/LONDON, May 15 (Reuters) - Democratic lawmakers harshly criticized the chief executive...
Reuters
Thu, May 15
Commodities
Canadian oil and gas producer Strathcona sells Montney assets for C$2.84 billion; acquires Hardisty terminal
May 14 (Reuters) - Strathcona Resources SCR.TO has sold all of its Montney assets for about C$2.84 billion ($2.03 billion) and acquired Hardisty Rail Terminal as part of its "core area consolidation" strategy, the Canadian oil and gas producer said on Wednesday.Previously owned by USD Partne...
Reuters
Thu, May 15
Commodities
CORRECTED-New Canadian agriculture minister to tackle China, US trade issues
By Ed White WINNIPEG, Manitoba, May 15 (Reuters) - Canada's new agriculture minister, Heath MacDonald, said in an interview on Thursday that tackling trade issues with China and the United States are his most pressing priorities.The two-front trade war with the world's largest economies h...
Reuters
Thu, May 15
Commodities
Retailers rush to save US summer shopping season
Tariff cut prompts rush to secure China-made goodsRetailers face potential supply chain bottlenecksFreight costs expected to rise amid increased demandWalmart, Birkenstock to raise prices for consumers in coming monthsBy Casey Hall and Siddharth Cavale NEW YORK, May 15 (Reuters) - U.S. retailers ...
Reuters
Thu, May 15
Other
CORRECTED-Oil producer Strathcona sells Montney assets for around C$2.84 billion
May 14 (Reuters) - Strathcona Resources SCR.TO has sold all of its Montney assets for approximately C$2.84 billion ($2.03 billion), the Canadian oil producer said in a statement on Wednesday. ($1 = 1.3967 Canadian dollars)
Reuters
Thu, May 15
Other
Brazil's J&F becomes the sole shareholder of Eldorado Brasil, says J&F CEO
SAO PAULO, May 15 (Reuters) - Brazil's J&F Investimentos on Thursday said it paid 15 billion reais ($2.64 billion) to Canadian producer Paper Excellence to acquire the shares it did not own in Eldorado Brasil Celulose, becoming the sole owner of the pulp and paper company.The investment will...
Reuters
Thu, May 15
Other
Newlimit Says It Has Raised $129.8 Mln In Equity Financing From Total Offering Amount Of $130 Mln
May 15 (Reuters) - NEWLIMIT INC.: NEWLIMIT, INC.: SAYS IT HAS RAISED $129.8 MILLION IN EQUITY FINANCING FROM TOTAL OFFERING AMOUNT OF $130 MILLION - SEC FILINGSource text: [ID:n0001977037-25-000002]
Reuters
Thu, May 15
Other
Tiger Global Management Dissolves Share Stake In Arm Holdings, Raises In Nvidia, Nu Holdings
May 15 (Reuters) - Tiger Global Management:TIGER GLOBAL MANAGEMENT DISSOLVES SHARE STAKE IN ARM HOLDINGS - SEC FILINGTIGER GLOBAL MANAGEMENT RAISES SHARE STAKE IN NVIDIA BY 13.3% TO 11 MILLION SHARESTIGER GLOBAL MANAGEMENT RAISES SHARE STAKE IN NU HOLDINGS BY 24.3% TO 11 MILLION CLASS A ORDINARY SHA...
Reuters
Thu, May 15
Other
Tiger Global Management Dissolves Share Stake In Qualcomm & Raises Share Stake In Microsoft, Reddit, TSMC
May 15 (Reuters) - TIGER GLOBAL MANAGEMENT:TIGER GLOBAL MANAGEMENT DISSOLVES SHARE STAKE IN QUALCOMMTIGER GLOBAL MANAGEMENT RAISES SHARE STAKE IN MICROSOFT BY 16.8% TO 6.2 MILLION SHARESTIGER GLOBAL MANAGEMENT RAISES SHARE STAKE IN BROADCOM BY 23.1% TO 2.3 MILLION SHARESTIGER GLOBAL MANAGEMENT CUTS ...
Reuters
Thu, May 15
Stocks
Gold miners gain as bullion prices edge up on weak US dollar
** Shares of gold miners rise, tracking gains in bullion prices GOL/** Spot gold XAU= up 1.2% at $3,224.55/ounce after hitting a more than one-month low earlier in the session** Gold prices rose aided by a softer U.S. dollar and weak U.S. economic data, while Russian President Vladimir Putin's f...
Reuters
Thu, May 15
Other
COLUMN-Trump nixed a key civil rights enforcement tool. This FTC case shows what that looks like.
By Jenna Greene May 15 (Reuters) - Wondering what civil rights enforcement — or lack thereof — might look like for the next four years? The U.S. Federal Trade Commission offers a glimpse. In a little-noticed court filing, the agency last week moved to amend its administrative complaint against a ...
Reuters
Thu, May 15
Commodities
Trump administration to audit billions in energy grants awarded under Biden
By Timothy Gardner WASHINGTON, May 15 (Reuters) - The Trump administration said on Thursday it will audit some $15 billion in grants to power grid and manufacturing supply chain projects awarded during the Biden administration. President Donald Trump has championed domestic production of oil, nat...
Reuters
Thu, May 15
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