News
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Commodities
EXCLUSIVE-TenneT in talks with funds to sell up to $13 billion stake in German unit, sources say
Non-binding bids due mid-June, sources sayApollo, Macquarie, GIP among interested parties, sources sayTenneT Germany has 27.8 billion euros regulated asset base, presentation showsBy Christoph Steitz, Andres Gonzalez and Emma-Victoria Farr FRANKFURT/LONDON, May 14 (Reuters) - State-owned Dutch po...Reuters
Wed, May 14
Commodities
US farm agency staff warn Congress of food safety risks, political interference
Budget cuts and staff losses have weakened USDA, staff sayOne research agency has lost nearly 60% of food safety scientistsMore than 15,000 employees have left USDA since JanuaryBy Leah Douglas WASHINGTON, May 13 (Reuters) - Unions representing staff in the U.S. Department of Agriculture's re...Reuters
Wed, May 14
Commodities
REFILE-MP Materials, Maaden to jointly develop rare earths supply chain in Saudi
May 14 (Reuters) - U.S. rare earths miner MP Materials MP.N said on Wednesday it has signed a memorandum of understanding with Saudi Arabia's flagship mining company Maaden to jointly develop a rare earth supply chain in the Middle Eastern country.WHY IT'S IMPORTANT The agreement was signed ...Reuters
Wed, May 14
Other
Parametric insurance enables early operation of Swiss flood relief tunnel
By Henry GaleMay 13 - (The Insurer) - A flood relief tunnel in central Switzerland can be used to protect local communities even before its construction is complete, after a novel insurance policy was put in place to cover damages to the project.The tunnel is being built in the canton of Obwalden to...Reuters
Wed, May 14
Other
Motor racing-FIA reduces penalty for swearing after driver backlash
Lower fines for swearingStewards given discretion on penaltiesSporting penalties, not fines, for abuse of officials May 14 (Reuters) - The maximum penalties for drivers swearing has been reduced by 50% while stewards will also be given more discretion on deciding penalties, the governing FIA said...Reuters
Wed, May 14
Commodities
Silver Price Forecast: XAG/USD plummets to near $32 as its safe-haven demand fizzles out
Silver price (XAG/USD) is down over 1% to near $32.15 during North American trading hours on Wednesday. The white metal faces a sharp selling pressure as demand for safe-haven assets has fizzled out, with the United States (US) and China aiming to avert a more than a month-long trade war.
Fxstreet
Wed, May 14
Stocks
Finanz Informatik and IBM extend and expand collaboration
IBM supports Finanz Informatik in its strategic initiatives with AI, automation, and hybrid cloud technology BÖBLINGEN, Germany, May 14, 2025 /PRNewswire/ -- Finanz Informatik (FI) – the central IT service provider and digitalization partner of the Sparkassen-Finanzgruppe – and IBM (NYSE: IB...PR Newswire
Wed, May 14
Other
Nature fintech needs insurance to scale at pace
By Rebecca DelaneyMay 14 - (The Insurer) – Insurance is critical to shortening the adoption curve of nature fintech, a new report has argued, although large-scale updates to new insurance and risk transfer mechanisms beyond parametric insurance remain limited.The report by nonprofit Nature Tech Coll...Reuters
Wed, May 14
Stocks
Trading platform eToro set to open higher in Nasdaq debut after $620 mln IPO
** Retail trading platform eToro Group ETOR.O set to open 17.3% above offer price in Nasdaq debut ** Stock recently indicated to open at $61 vs $52 IPO price ** Israel-based ETOR and some existing stockholders sold ~11.9 million shares at $52 apiece to raise $620 million in an upsized IPO** Th...Reuters
Wed, May 14
Commodities
Beazley eyes alternative fuels opportunity as maritime sector continues decarbonisation push
By Rebecca DelaneyMay 9 - (The Insurer) – Beazley is eyeing a lead position in the future market for underwriting alternative fuels as part of the decarbonisation trajectory of the maritime industry, although this currently remains an emerging underwriting risk.Kelly Malynn, ESG strategic leader in ...Reuters
Wed, May 14
Forex
CFTC commissioner to join Blockchain Association as CEO
May 14 (Reuters) - The Blockchain Association said on Wednesday that current Commodity Futures Trading Commission Commissioner Summer Mersinger will join the trade group as CEO in June as the cryptocurrency sector ramps up its push to overhaul digital asset policy. Sarah Milby, the Blockchain Associ...Reuters
Wed, May 14
Other
Uber bets on affordability with shared fixed-route rides, expanded passes
May 14 (Reuters) - Uber Technologies UBER.N on Wednesday unveiled a range of new offerings such as shared fixed-route rides and expanded membership passes, targeting consumers seeking cost-effective ways to travel. The ride-sharing app has been looking to invest in more affordable transport and...Reuters
Wed, May 14
Commodities
US health department to reverse federal layoffs of coal safety workers, senator says
Over 100 federal employees at NIOSH reinstated permanentlyReinstatements include workers from coal mine health surveillance unitMost NIOSH planned layoffs to proceed despite reinstatementsBy Valerie Volcovici WASHINGTON, May 13 (Reuters) - Over 100 federal employees who screen coal miners for bla...Reuters
Wed, May 14
Economic Indicator
US crude stocks rise, gasoline and distillate inventories fall - EIA
NEW YORK, May 14 (Reuters) - U.S. crude stocks rose while gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday.Crude inventories rose by 3.5 million barrels to 441.8 million barrels in the week ended May 9, the EIA said, compared with analysts&#...Reuters
Wed, May 14
Other
Advocacy group threatens Meta with injunction over data-use for AI training
Meta rejects the advocacy group's argumentsHas cited legitimate interest under EU privacy rulesCampaigners says damage claims could be many billions of eurosBy Foo Yun Chee BRUSSELS, May 14 (Reuters) - Austrian advocacy group NOYB will seek an injunction against Meta Platforms META.O, it said...Reuters
Wed, May 14
Economic Indicator
Environmental activism heats up as energy policies shift
By Rebecca DelaneyMay 9 - (The Insurer) – As policy changes begin to feed through from the ‘super-year’ of elections in 2024, the scope of environmental activism is evolving, with potential to impact a rising number of insurance classes.The movement was previously characterised by peaceful strikes o...Reuters
Wed, May 14
Other
Neuralink Says Launching Our First Clinical Trial In The Middle East At Cleveland Clinic Abu Dhabi
May 14 (Reuters) - NEURALINK: LAUNCHING OUR FIRST CLINICAL TRIAL IN THE MIDDLE EAST AT CLEVELAND CLINIC ABU DHABINEURALINK: UAE-PRIME TRIAL EXPLORES HOW INDIVIDUALS WITH MOTOR AND SPEECH IMPAIRMENT CAN USE THOUGHT TO CONTROL DEVICES & COMMUNICATESource text: https://tinyurl.com/bdmwwc66Further ...Reuters
Wed, May 14
Stocks
AI chipmaker AMD unveils $6 billion buyback plan
May 14 (Reuters) - Advanced Micro Devices AMD.O on Wednesday announced a new $6 billion stock buyback plan, joining a string of chipmakers that are looking to reduce their float as the AI trade that has powered their shares shows some signs of slowing. Shares of the Santa Clara, California-based com...Reuters
Wed, May 14
Stocks
Aerospace parts maker Loar falls as top holders to trim stakes
** Shares of Loar Holdings LOAR.N fall 7.5% to $86.18 early Weds after aerospace parts suppler launches secondary offering** White Plains, New York-based firm late Tues said certain stockholders to sell 9 mln shares** Hedge fund Abrams Capital Management, a 40% holder, Blackstone BX.N and GPV Loar, ...Reuters
Wed, May 14
