News
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Commodities
RWE: no impairment need for US offshore projects
May 15 (Reuters) - RWE AG RWEG.DE:RWE CFO: WE DON'T SEE IMPAIRMENT NEED FOR US OFFSHORE PROJECTRWE CFO: GRID REGULATION IS NO HOLD-UP IN EFFORTS TO SELL AMPRION STAKERWE: Q1 WEATHER IMPACT WAS AROUND 150 MILLION EURRWE CFO: THERE IS CLEAR PUSH FROM SOME SHAREHOLDERS FOR MORE BUYBACKS, OTHER INVE...Reuters
Thu, May 15
Economic Indicator
G10 FX trades risk off on prospect of US/Iran deal & lower Oil prices – Scotiabank
Risk aversion is dominating as we head into Thursday’s NA session with a distribution of relative currency performance that is seeing notable strength from the havens Swiss Franc (CHF) and Japanese Yen (JPY) and weakness from the growth-sensitive commodity currencies NOK, NZD, and AUD.
Fxstreet
Thu, May 15
Indices
US Dollar steadies ahead of US economic data, Fed Powell’s speech
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is catching its breath and trades slightly lower just below the 101.00 level at the time of writing on Thursday, ahead of a chunky United States (US) economic calendar.Fxstreet
Thu, May 15
Other
Turkey urges Russia, Ukraine to compromise to achieve peace
ANTALYA, Turkey, May 15 (Reuters) - Russia and Ukraine must "compromise" on the path toward peace, and Turkey hopes intensive discussions between the sides will achieve results, Turkish Foreign Minister Hakan Fidan said on Thursday. Speaking on the sidelines of an informal NATO foreign minis...Reuters
Thu, May 15
Other
Putin currently has no plans to go to Istanbul talks, the Kremlin says
MOSCOW, May 15 (Reuters) - Russian President Vladimir Putin currently has no plans to travel to Istanbul for peace talks with Ukraine, the Kremlin said on Thursday, but the Russian delegation is there and ready to meet the Ukrainian team.It was Putin's initiative to hold what would be the first ...Reuters
Thu, May 15
Other
Rokstone names Belcourt as head of complex claims
By Navneeta NandanMay 15 - (The Insurer) - Aventum Group-owned Rokstone has named Stephanie Belcourt as head of complex claims, the specialty MGA said on Thursday.Belcourt most recently spent eight years as claims manager for marine and liability at Apollo Syndicate 1969.She will join Rokstone follo...Reuters
Thu, May 15
Other
Aviva CEO says government investment mandates a "red line" for sector
Industry must have full discretion over private assets push12.5 million UK savers cannot currently afford retirement, CEO saysLong-term investors have little to fear from volatility spikesBy Sinead Cruise LONDON, May 15 (Reuters) - A sector-wide push into private assets should help millions of pe...Reuters
Thu, May 15
Stocks
Why European Wax Center Stock Crushed the Market on Wednesday
Wax is an inexpensive material, but it sure can make investors plenty of coin some days. On Wednesday, hair removal specialist European Wax Center's (NASDAQ: EWCZ) stock rose by a very robust 21% in price thanks to encouraging quarterly results. That performance well eclipsed the 0.1% increase of th...The Motley Fool
Thu, May 15
Forex
FOREX-Dollar slips ahead of retail sales data as China-US trade optimism wanes
Spate of US data including retail sales due at 1230 GMTUS-South Korea talks stoke worries of dollar weaknessUncertainty over trade deals keeps sentiment in checkUS retail sales data in focus for investorsBy Medha Singh and Ankur Banerjee TOKYO, May 15 (Reuters) - The U.S. dollar lost its footing ...Reuters
Thu, May 15
Other
Allianz looks to Singapore for international growth: Coste-Lepoutre
By Rebecca DelaneyMay 15 - (The Insurer) - Allianz is eyeing opportunities for organic growth and M&A in the Southeast Asian market, with Singapore a particular focus for future opportunities, chief financial officer Claire-Marie Coste-Lepoutre said on Thursday.Speaking on a media call following...Reuters
Thu, May 15
Commodities
US EPA sends biofuel-blending volume proposal to White House for review
NEW YORK, May 15 - The U.S. Environmental Protection Agency has sent a proposed rule to the White House for review on the amount of biofuels that oil refiners must blend into their fuel beginning in 2026.Under the Renewable Fuel Standard, oil refiners must blend billions of gallons of biofuels into ...Reuters
Thu, May 15
Other
Waters Corp's India business boosted by rush for weight-loss drugs
By Kashish Tandon BENGALURU, May 15 (Reuters) - U.S.-based Waters Corp WAT.N, which makes medical equipment used in clinical testing, has seen a spurt in demand from drugmakers in India rushing to develop their versions of popular weight-loss drugs, a senior executive told Reuters.Semaglutide, th...Reuters
Thu, May 15
Stocks
Brokerages raise PT on Coreweave even as stock slides on heavy spending plan
** Shares of Nvidia-backed CoreWeave CRWV.O slide 5.6% to $63.85 premarket after co to spend up to $23 bln this year to tap AI demand boom ** But, at least five brokerages raise PT after CRWV reports better-than-expected revenue in first quarterly report since March IPO** Barclays raises PT to $70 ...Reuters
Thu, May 15
Other
Morning News Call - Canada, May 15
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 email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageECONOMIC EVENTS0815 Housing Sta...Reuters
Thu, May 15
Stocks
1 Simple Quote That Shows Why Arm Holdings Is a Buy
Like a lot of high-priced tech stocks, Arm Holdings (NASDAQ: ARM) has been volatile over the last year. Its shares have whipsawed as investors assess the central processing unit (CPU) architecture specialist's future, and that was on display in its latest earnings report.The stock tumbled about 10% ...The Motley Fool
Thu, May 15
Other
Axa XL promotes Turvey to lead UK mid-market underwriting
By Navneeta NandanMay 15 - (The Insurer) - Axa XL has promoted Mick Turvey to head of mid-market underwriting and UK regions for the UK and Lloyd’s segments.In his new role, Turvey will lead the underwriting strategy for the middle market with a focus on UK clients with domestic and international ex...Reuters
Thu, May 15
Stocks
JetBlue falls after Raymond James cuts rating to 'market perform'
** JetBlue Airways' shares JBLU.O fall 1.6% to $4.95premarket** Raymond James downgrades rating to "market perform" from "outperform", maintains PT of $5.00** Brokerage steps off "tactical" upgrade of JBLU rating it made post April earnings as shares reached its $5 PT** &...Reuters
Thu, May 15
Other
Italy's Newlat Food looks at London listing of 'substantial' part of company
May 15 (Reuters) - Italy's Newlat Food NWLF.MI is considering an initial public offering to list a "substantial part" of the company on the London Stock Exchange, it said in a statement on Thursday.The group is set to change its name to NewPrinces after buying British peer Princes, known...Reuters
Thu, May 15
