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Markel expands US war and terrorism underwriting team
By Navneeta NandanMay 14 - (The Insurer) - Global specialty insurer Markel Insurance has bolstered its war and terrorism portfolio with the appointments of Joshua Watson as senior underwriter and Bridget Canderelli as underwriting support specialist.Watson will be responsible for identifying and und...
Reuters
Wed, May 14
Other
Deals of the day-Mergers and acquisitions
May 14 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:** Thai business magnate Charoen Sirivadhanabhakdi's Frasers Property FRPL.SI made a second attempt to take complete control of Frasers Hospitality Trust FRHO.SI in a deal valuing th...
Reuters
Wed, May 14
Forex
AUD/USD: Any advance is likely part of a higher range of 0.6420/0.6515 – UOB Group
Scope for further Australian Dollar (AUD) strength against the US Dollar (USD), but any advance is likely part of a higher range of 0.6420/0.6515. In the longer run, to continue to rise, AUD must break and hold above 0.6515, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
AUD/USD
Fxstreet
Wed, May 14
Other
Willis names Allianz's Vosloh as head of EMEA cyber
By Navneeta NandanMay 14 - Willis has named Brian Vosloh as head of cyber for Europe, Middle East and Africa (EMEA), the company said on Wednesday.Based in Barcelona, Vosloh will be responsible for driving Willis' FINEX cyber specialty business across the EMEA region to support clients' evol...
Reuters
Wed, May 14
Stocks
Palantir Stock Soars to All-Time Highs: My Prediction for What Comes Next
The revenue growth acceleration theme continued to impress for Palantir Technologies (NASDAQ: PLTR) last quarter. Revenue in the first quarter of 2025 grew 39% year over year compared to 36% growth in the fourth quarter of 2024, a trend that has been going on for many quarters now. Investors are ple...
The Motley Fool
Wed, May 14
Stocks
Got $500? 1 Billionaire-Approved Vanguard Index Fund to Buy and Hold Forever
When it comes to investing, a common misconception is that you need to be an expert stock picker in order to build wealth. While investing in individual stocks is one way to build your portfolio, it's far from the only method that works.In fact, billionaire investor Warren Buffett has often touted t...
The Motley Fool
Wed, May 14
Stocks
Down More Than 15% This Year, Is BigBear.ai Stock a Bargain Buy?
BigBear.ai (NYSE: BBAI) is a volatile stock to own. In each of the previous two years, its shares more than doubled. But the start to 2025 has been bumpy, to say the least. Shares of BigBear.ai are falling and the stock is down more than 15%.The business is still growing and has some promising poten...
The Motley Fool
Wed, May 14
Other
Pony AI Is Said To Confidentially File For Hong Kong Listing - Bloomberg News
May 14 (Reuters) - PONY AI IS SAID TO CONFIDENTIALLY FILE FOR HONG KONG LISTING - BLOOMBERG NEWSSource text: https://tinyurl.com/26zgl4hd
Reuters
Wed, May 14
Other
Ford to recall more than 273,000 vehicles
May 14 (Reuters) - Ford Motor F.N is recalling 273,789 vehicles in the United States as a loss of brake function may increase the risk of a crash, the National Highway Traffic Safety Administration said on Wednesday.The recall affects certain 2022-2024 model Navigator and Expedition vehicles, NHTSA ...
Reuters
Wed, May 14
Economic Indicator
ECB must learn to manage persistent uncertainty, Nagel says
MADRID, May 13 (Reuters) - Uncertainty is the new normal for central banking given U.S. policy volatility but the European Central Bank still looks set to get inflation back to its coveted 2% target, Bundesbank President Joachim Nagel said on Wednesday. The ECB has missed its target for more than a ...
Reuters
Wed, May 14
Forex
Germany 30-y Bond Auction climbed from previous 2.83% to 3.12%
Germany 30-y Bond Auction climbed from previous 2.83% to 3.12%
EUR/USD
Fxstreet
Wed, May 14
Economic Indicator
Fed's Goolsbee: Some parts of April inflation represent lagged nature of data
In an interview with National Public Radio (NPR) on Wednesday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted that some parts of the April inflation report represent the lagged nature of the data, adding that the Fed is still holding its breath.
Fxstreet
Wed, May 14
Other
Databricks to buy startup Neon for $1 billion, WSJ reports
May 14 (Reuters) - Databricks has agreed to buy database startup Neon in a deal valued at about $1 billion, the Wall Street Journal reported on Wednesday.
Reuters
Wed, May 14
Cryptocurrencies
Dubai Partners with Crypto.com; Best Wallet Ready to Meet Growing Crypto Wallet Demand
More countries are adopting digital currencies and tokens, with Dubai and Thailand grabbing the headlines this week. These moves put cryptocurrency wallets like Best Wallet in a great position to fulfill a growing demand for a secure way to store crypto. In the sections below, we’ll cover the ...
Bitcoinist
Wed, May 14
Stocks
Polkadot Is Still Down More Than 50%. Should You Buy the Dip?
The Polkadot (CRYPTO: DOT) cryptocurrency is roaring these days. The native coin of the Web3 Foundation gained 51.3% from April 9 to May 12.But the picture changes if you zoom out a bit. This jump is actually just a small recovery from a deep dip. The coin's price is still down 52.6% from December's...
The Motley Fool
Wed, May 14
Other
Make-up of Russian delegation for Ukraine peace talks to be made public on Wednesday evening, Russian lawmaker says
MOSCOW, May 14 (Reuters) - A senior Russian lawmaker said that the make-up of Moscow's delegation for peace talks with Ukraine in Istanbul on Thursday will be made public on Wednesday evening, adding that an all-for-all prisoner exchange could be on the table."About Istanbul, I won't say...
Reuters
Wed, May 14
Stocks
LIVE MARKETS-Time to step back into luxury?
STOXX 600 down 0.5%ABN, Burberry pop on resultsTrump in the Middle EastNasdaq futures steadyWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comTIME TO STEP BACK INTO LUXURY?It hasn't...
Reuters
Wed, May 14
Stocks
Barclays, Goldman raise STOXX 600 targets as trade truce eases recession fears
May 14 (Reuters) - Goldman Sachs and Barclays raised their forecasts for Europe's STOXX 600 index on Wednesday, after a string of cuts last month, as renewed optimism following the U.S.-China trade truce lifted investor sentiment and eased concerns over a global recession.Goldman lifted its 12-m...
Reuters
Wed, May 14
Economic Indicator
United Kingdom 10-y Bond Auction up to 4.673% from previous 4.638%
United Kingdom 10-y Bond Auction up to 4.673% from previous 4.638%
GBP/USD
Fxstreet
Wed, May 14
Other
Databricks To Buy Startup Neon For $1 Billion - WSJ
May 14 (Reuters) - DATABRICKS TO BUY STARTUP NEON FOR $1 BILLION - WSJSource text: https://tinyurl.com/ymmybrpdFurther company coverage: [ ]
Reuters
Wed, May 14
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