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TRADING DAY-Tariff tensions cool, markets sizzle
By Jamie McGeever ORLANDO, Florida, May 8 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist Wot's ... uh the deal?A wave of trade optimism washed over markets on Thursday as a deal between the United States and Britain, c...Reuters
Thu, May 8
Stocks
Primo Brands dips as sponsor to carve stake
** Shares of bottled water firm Primo Brands PRMB.N down 1.5% post-market to $31.84 after secondary offering announced ** Poland Spring owner says 47.5 mln shares to be sold by two holders affiliated with One Rock Capital Partners ** Also, co to repurchase $100 mln worth of shares fro...Reuters
Thu, May 8
Other
US says it is probing foreign donations at University of Pennsylvania
By Kanishka Singh WASHINGTON, May 8 (Reuters) - The U.S. Department of Education said on Thursday it opened an investigation into foreign donations at the University of Pennsylvania, alleging the Ivy League school made inaccurate and untimely foreign financial disclosures in the past.The univ...Reuters
Thu, May 8
Other
Soccer-Tottenham ease past Bodo/Glimt to reach Europa League final
BODO, Norway, May 8 (Reuters) - Tottenham Hotspur avoided any mishaps in the Arctic Circle by easing into the Europa League final with a composed 2-0 win at Norway's Bodo/Glimt for a 5-1 aggregate victory on Thursday.Ange Postecoglou's side never looked like relinquishing the lead they estab...Reuters
Thu, May 8
Stocks
Spyre Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Spyre Therapeutics Inc SYRE.OQ reported a quarterly adjusted loss of 60 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.20. The mean expectation of ten analysts for the quarter was for a loss of 84 cents per share. Wall ...Reuters
Thu, May 8
Other
Assai cuts 2026 store openings estimate by half, posts 117 mln reais net profit
May 8 (Reuters) - Sendas Distribuidora SA ASAI3.SA:EXPECTS TO OPEN ABOUT 10 STORES IN 2026 VS PREVIOUS ESTIMATE OF AROUND 20 STORES - FILINGREPORTS Q1 NET PROFIT OF 117 MILLION REAISREPORTS Q1 ADJUSTED EBITDA OF 1.37 BILLION REAISReuters
Thu, May 8
Other
Haiti gangs' US terrorism designation risks harming most vulnerable, NGOs warn
By Sarah Morland and Harold Isaac PORT-AU-PRINCE, May 8 (Reuters) - The designation of Haiti's major gangs as terrorists by Washington could risk further entrenching their power by limiting financial and humanitarian aid, NGOs focused on organized crime and human rights have warned.The United...Reuters
Thu, May 8
Commodities
Republican US lawmakers voice support for IRA energy tax credits
WASHINGTON, May 8 (Reuters) - Republican U.S. lawmakers sent a letter to the head of the House Ways and Means Committee on Thursday voicing their support for tax credits boosted in former President Joe Biden's Inflation Reduction Act, legislation for which no Republicans voted.WHY IT'S IMPOR...Reuters
Thu, May 8
Other
FACTBOX-'I still consider myself a missionary' - Pope Leo XIV in past interviews
By Alvise ArmelliniVATICAN CITY, May 8 (Reuters) - U.S. Cardinal Robert Prevost, who on Thursday was elected as the new leader of the Catholic Church taking up the name of Leo XIV, is a soft-spoken figure who has shunned the limelight during his priestly career.The 69-year-old from Chicago has serve...Reuters
Thu, May 8
Stocks
Regulus Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Regulus Therapeutics Inc RGLS.OQ reported a quarterly adjusted loss of 15 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -29 cents. The mean expectation of six analysts for the quarter was for a loss of 24 cents per share. ...Reuters
Thu, May 8
Stocks
Assembly Biosciences Inc reports results for the quarter ended March 31 - Earnings Summary
Assembly Biosciences Inc ASMB.OQ reported a quarterly adjusted loss of $1.17 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.66. The mean expectation of two analysts for the quarter was for a loss of $1.60 per share. Wall Stre...Reuters
Thu, May 8
Commodities
US ordered to pay $600K to families sickened in Pearl Harbor fuel spill
By Diana Novak Jones May 8 (Reuters) - A federal judge in Hawaii ordered the U.S. government on Wednesday to pay about $600,000 to six families impacted by a 2021 fuel spill that tainted drinking water at the Joint Base Pearl Harbor-Hickam near Honolulu after finding that the tainted water was th...Reuters
Thu, May 8
Other
Zelenskiy says 30-day ceasefire would be a 'real indicator' of movement towards peace
May 8 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Thursday he told U.S. President Donald Trump in a telephone call that Kyiv was ready for a 30-day ceasefire with Russia "starting this minute."Zelenskiy, speaking in his nightly video address, also said implementing a 30-day c...Reuters
Thu, May 8
Other
Air Canada first-quarter loss widens as passengers skip US travel
MONTREAL, May 8 (Reuters) - Air Canada AC.TO reported a wider first-quarter loss on Thursday, owing to weaker passenger traffic to its key U.S. market amid strained trade relations between the two countries.The country's largest carrier reported a first quarter adjusted loss of C$0.45 per share ...Reuters
Thu, May 8
Stocks
Affirm falls after forecasting quarterly revenue largely below estimates
** Shares of buy now, pay later lender Affirm Holdings AFRM.O fall 8.2% to $49.82 in extended trading** Company forecasts Q4 revenue between $815 million and 845 million, the midpoint of which is below analysts' average estimate of $841.42 million, according to data compiled by LSEG** Company as...Reuters
Thu, May 8
Commodities
Trump calls for 30-day Russia-Ukraine ceasefire
WASHINGTON, May 8 (Reuters) - U.S. President Donald Trump called on Thursday for a 30-day unconditional ceasefire between Russia and Ukraine and said that both countries will be held accountable for the "sanctity of these direct negotiations."Trump said in a social media post: "If the ce...Reuters
Thu, May 8
Other
Breaking with tradition, Senate panel backs Trump nominees despite Democratic boycott
Partisan divisions in Congress widen under TrumpPanel backs nominees without DemocratsNominees for France, Denmark, Netherlands among those affectedBy Patricia Zengerle WASHINGTON, May 8 (Reuters) - Republicans on the U.S. Senate Foreign Relations Committee backed five nominees for diplomatic pos...Reuters
Thu, May 8
Other
Merz, Trump agree on need to resolve trade disputes, Germany says
By Sarah Marsh BERLIN, May 8 (Reuters) - Germany's new chancellor, Friedrich Merz, and U.S. President Donald Trump agreed on the need to quickly resolve trade disputes in their first phone call since Merz took office earlier this week, a German government spokesperson said.Trump congratulated...Reuters
Thu, May 8
Cryptocurrencies
Celsius founder Alex Mashinsky gets 12 years prison for crypto fraud
By Jonathan Stempel NEW YORK, May 8 (Reuters) - Alex Mashinsky, the founder and former chief executive of bankruptcy cryptocurrency lender Celsius Network, was sentenced on Thursday to 12 years in prison after pleading guilty in December to securities fraud and commodities fraud.Mashinsky'...Reuters
Thu, May 8
