News
Important Only
Other
CSPC Pharmaceutical Signs Exclusive License Agreement With Cipla USA
May 15 (Reuters) - CSPC Pharmaceutical Group Ltd 1093.HK:EXCLUSIVE LICENSE AGREEMENT WITH CIPLA USA, INC. FOR IRINOTECAN LIPOSOME INJECTIONGROUP WILL RECEIVE AN UPFRONT PAYMENT OF US$15 MILLIONELIGIBLE TO RECEIVE POTENTIAL ADDITIONAL COMMERCIAL SALES MILESTONE PAYMENTS OF UP TO US$1,025 MILLIONReuters
Wed, May 14
Other
UnitedHealth under criminal probe for possible Medicare fraud, WSJ reports
May 14 (Reuters) - The U.S. Justice Department is investigating UnitedHealth Group UNH.N for potential criminal fraud in its Medicare Advantage business, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.Reuters could not immediately confirm the details of the rep...Reuters
Wed, May 14
Forex
GBP/USD contracts into near-term midrange ahead of key UK and US data
GBP/USD pared recent gains on Wednesday, trimming back to the low side of the 1.3300 handle and falling back into a choppy near-term consolidation phase as investors buckle down for Thursday’s double feature of key data prints from both the United Kingdom (UK) and the United States (US).
Fxstreet
Wed, May 14
Other
Lawmaker demands explanation for Trump administration's ouster of intelligence analysts
DNI Gabbard ousts heads of top U.S. intelligence bodyRemovals follow assessment contradicting Trump deportation claimTop Democrat demands proof of ousted officials alleged biasBy Jonathan Landay and Erin BancoWASHINGTON, May 14 (Reuters) - The top Democrat on the U.S. House intelligence committee on...Reuters
Wed, May 14
Other
Trump, US Army birthday bash plans include 25 Abrams tanks
Parade to include 25 tanks in streets of WashingtonCost of parade excludes repairs, cleanupTrump has shown fascination with parades in the pastBy Idrees Ali and Phil Stewart WASHINGTON, May 14 (Reuters) - Twin celebrations of U.S. President Donald Trump's birthday and the Army's 250th ann...Reuters
Wed, May 14
Other
Official says Iran would forego highly enriched uranium for deal, NBC reports
May 14 (Reuters) - Iran is willing to agree to a deal with the U.S in exchange for the lifting of economic sanctions, an Iranian official told NBC News in an interview published on Wednesday.Ali Shamkhani, an adviser to Iran’s Supreme Leader Ayatollah Ali Khamenei, said Iran would commit to never ma...Reuters
Wed, May 14
Other
New Zealand government to set up $112 million social investment fund
SYDNEY, May 15 (Reuters) - The New Zealand government said on Thursday it would set up a new NZ$190 million ($112 million) social investment fund in its 2025 budget to make targeted investments designed to help improve the lives of its vulnerable people.Finance Minister Nicola Willis said the fund w...Reuters
Wed, May 14
Other
Britain tells antitrust regulator to focus on economic growth
LONDON, May 15 (Reuters) - Britain on Thursday told its antitrust regulator to get behind its push for economic growth and minimise uncertainty for businesses by making more timely, transparent and responsive interventions in merger control, digital markets and consumer protection.Since taking power...Reuters
Wed, May 14
Other
UK and Germany to jointly develop 2,000-km-range strike weapon
LONDON, May 15 (Reuters) - Britain and Germany will jointly develop a new "deep precision strike" weapon with a range exceeding 2,000 kilometres (1,242 miles), the British government said on Thursday, as Europe's two largest economies step up their defence cooperation. The project builds...Reuters
Wed, May 14
Cryptocurrencies
XRP Frenzy Builds: Over $1 Billion in Open Interest Signals Breakout Tension
XRP’s price has climbed to $2.61 in the last 24 hours, and has been able to keep a steady pace, registering a 22% gain over the past seven days. Traders are piling into futures contracts. A notable performance has been in the Open interest department, which jumped by more than 40%. Related Reading: ...NewsBTC
Wed, May 14
Cryptocurrencies
Bitcoin Spread Oscillator Signals Growing Altcoin Momentum – Altseason Entry Signal?
Bitcoin is trading at critical levels as the entire crypto market enters a high-volatility phase fueled by renewed optimism and strong momentum. After weeks of bullish price action, BTC has consolidated above $103K, setting the stage for a definitive move. Market participants are closely watching wh...Bitcoinist
Wed, May 14
Other
Over 20 people dead in Mexico highway accident
MEXICO CITY, May 14 (Reuters) - At least 21 people died in an auto accident on Wednesday on a highway connecting Mexico's Oaxaca and Puebla states, a top state official said.In a post on social media, Puebla Interior Minister Samuel Aguilar said the accident involved three vehicles and that an u...Reuters
Wed, May 14
Technical Analysis
Silver Price Forecast: XAG/USD drops over 2% on high US yields, hovers near $32.00
Silver price fell 2% on Wednesday amid elevated US Treasury bond yields as investors seemed confident that the US Federal Reserve would not reduce interest rates. At the time of writing, the XAG/USD trades at $32.20, unchanged as the Asian session begins.
Fxstreet
Wed, May 14
Stocks
FrontView REIT Inc reports results for the quarter ended March 31 - Earnings Summary
FrontView REIT Inc FVR.N reported a quarterly adjusted loss of 1 cent per share for the quarter ended March 31. The mean expectation of three analysts for the quarter was for a loss of 3 cents per share. Wall Street expected results to range from -4 cents to -1 cents per share.Revenue was $16.24 ...Reuters
Wed, May 14
Stocks
Acrivon Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Acrivon Therapeutics Inc ACRV.OQ reported a quarterly adjusted loss of 51 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -73 cents. The mean expectation of seven analysts for the quarter was for a loss of 64 cents per share...Reuters
Wed, May 14
Other
Tennis-Alcaraz beats Draper at Italian Open, Sabalenka felled by Zheng
Carlos Alcaraz beats Jack Draper to enter semi-finalsZheng sends frustrated Sabalenka outCoco Gauff claims quarter-final win over Mirra AndreevaMay 14 (Reuters) - Champion Alexander Zverev and world number one Aryna Sabalenka fell by the wayside in the quarter-finals of the Italian Open on Wednesday...Reuters
Wed, May 14
Other
Biohaven Says FDA Extends PDUFA Date Of Biohaven's Troriluzole NDA For Rare Disease Spinocerebellar Ataxia
May 14 (Reuters) - Biohaven Ltd BHVN.N:FDA EXTENDS PDUFA DATE OF BIOHAVEN'S TRORILUZOLE NDA FOR RARE DISEASE SPINOCEREBELLAR ATAXIABIOHAVEN LTD - FDA'S DECISION REGARDING NDA IS NOW EXPECTED IN 4Q 2025.Reuters
Wed, May 14
Other
Qatar Airways orders 160 Boeing twin-aisle jets during Trump visit
Deal includes firm orders for 30 Boeing 777X and 130 787 jets worth $96 billionGE Aerospace engines chosen over Rolls-Royce for 787sLargest widebody deal for both Boeing and GE AerospaceBy Andrew Mills and Dan Catchpole DOHA/SEATTLE, May 14 (Reuters) - Boeing landed its biggest deal for widebody ...Reuters
Wed, May 14
