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PRESS DIGEST- Financial Times - May 7
May 7 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- UK and India strike trade deal after three years of talks- UK closes in on US trade pact with lower tariff quotas for cars and steel- Cz...Reuters
Wed, May 7
Stocks
Ovintiv Inc reports results for the quarter ended March 31 - Earnings Summary
Ovintiv Inc OVV.N reported quarterly adjusted earnings of $1.42 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.43. The mean expectation of nineteen analysts for the quarter was for earnings of $1.05 per share. Wall Street expec...Reuters
Wed, May 7
Other
Motor racing-Piastri expresses sympathy for under-fire compatriot Doohan
SYDNEY, May 7 (Reuters) - Formula One championship leader Oscar Piastri has expressed his sympathy for fellow Australian Jack Doohan, the rookie driver who looks set to be dropped by the Alpine team before next week's Emilia Romagna Grand Prix.The resignation of Oliver Oakes and his replacement ...Reuters
Wed, May 7
Commodities
China to impose anti-dumping measures on cypermethrin from India
BEIJING, May 7 (Reuters) - China's commerce ministry on Wednesday said it will impose anti-dumping measures on cypermethrin originating from India for a period of five years effective immediately.The measures follow an investigation that found the domestic industry had suffered substantial damag...Reuters
Wed, May 7
Forex
FOREX-Dollar languishes ahead of Fed meeting, Asian currencies calmer
By Rocky Swift TOKYO, May 7 (Reuters) - The dollar steadied on Wednesday before a Federal Reserve meeting to determine policy for an uncertain economy and as major investors in Asia continued cashing out of U.S. assets.News that the United States and China are due to talk on Saturday eased conce...Reuters
Wed, May 7
Stocks
American Financial Group Inc reports results for the quarter ended March 31 - Earnings Summary
American Financial Group Inc AFG.N reported quarterly adjusted earnings of $1.81 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.76. The mean expectation of seven analysts for the quarter was for earnings of $2.03 per share. Wal...Reuters
Wed, May 7
Cryptocurrencies
Bitcoin Price Forecast: Key Scenarios For Tomorrow’s FOMC Decision
With the Federal Open Market Committee set to announce its May 7 policy decision, Bitcoin traders face a macro‑driven inflection point that could define price action into the summer. The Federal Reserve, under Chair Jerome Powell, is all but certain to keep the fed‑funds corridor at 4.25 to 4.50 per...NewsBTC
Wed, May 7
Cryptocurrencies
Bitcoin Price Bounces Back After Dip—Traders Eye Next Resistance Zone
Bitcoin price started a downside correction and tested the $94,000 zone. BTC is again rising and might aim for a move toward the $98,000 resistance. Bitcoin started a decent increase above the $95,500 resistance zone. The price is trading above $95,500 and the 100 hourly Simple moving average. There...NewsBTC
Wed, May 7
Commodities
Gold price retreats sharply from two-week top amid US-China trade talks optimism
Gold price (XAU/USD) attracts heavy selling during the Asian session on Wednesday and snaps a two-day winning streak to a two-week high, around the $3,434-3,435 region touched the previous day.
Fxstreet
Wed, May 7
Stocks
DHT Holdings Inc reports results for the quarter ended March 31 - Earnings Summary
DHT Holdings Inc DHT.N reported quarterly adjusted earnings of 15 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 29 cents. The mean expectation of seven analysts for the quarter was for earnings of 18 cents per share. Wall S...Reuters
Wed, May 7
Stocks
Curis Inc reports results for the quarter ended March 31 - Earnings Summary
Curis Inc CRIS.OQ reported a quarterly adjusted loss of $1.25 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-2.05. The mean expectation of four analysts for the quarter was for a loss of $1.19 per share. Wall Street expected re...Reuters
Wed, May 7
Forex
Australian dollar hits new five-month top on US-China trade talks
SYDNEY, May 7 (Reuters) - The Australian dollar hit a new five-month peak on Wednesday, buoyed by progress in U.S.-China trade talks scheduled for later this week, while the New Zealand dollar found little support following a mixed picture on jobs. The Aussie AUD= fetched $0.6514 for the first time ...Reuters
Wed, May 7
Stocks
Flagship Pioneering, the National University of Singapore, National University Hospital and the National University Health System Announce Collaboration to Advance Biotech Research & Development
Collaboration Aims to Expand Globally Connected Scientific Dialogue and Accelerate Innovation in Human Health and Sustainability SINGAPORE, May 7, 2025 /PRNewswire/ -- Flagship Pioneering, the bioplatform innovation company, the Yong Loo Lin School of Medicine, National University of Singapore (N...PR Newswire
Wed, May 7
Other
Taiwan's EVA Air to adjust Europe flights due to Pakistan-India conflict
TAIPEI, May 7 (Reuters) - Taiwan's EVA Air 2618.TW said on Wednesday that it will adjust its flights to and from Europe to avoid airspace affected by fighting between India and Pakistan for safety reasons.One flight from Vienna will be diverted back to that city, while a flight from Taipei to Mi...Reuters
Wed, May 7
Other
Four housekeepers accuse Smokey Robinson of sexual assault
By Daniel TrottaMay 6 (Reuters) - Four anonymous housekeepers sued legendary Motown singer and songwriter Smokey Robinson on Tuesday for $50 million, alleging that he sexually assaulted them for years while his wife covered up the abuse and contributed to a hostile work environment.Representatives f...Reuters
Wed, May 7
Other
US reviews occupation of University of Washington building by pro-Palestinian protesters
By Kanishka Singh WASHINGTON, May 6 (Reuters) - The U.S. government said on Tuesday it will review an incident at the University of Washington in which pro-Palestinian protesters occupied a university building while demanding the school cut ties with Boeing BA.N over its contracts with the Israel...Reuters
Wed, May 7
Commodities
METALS-Metals trade in tight range as market awaits US-China meeting
SHANGHAI, May 7 (Reuters) - Metals in London were rangebound on Wednesday as investors awaited a meeting between top U.S. and Chinese trade officials, set for the weekend in Switzerland, as a chance to tone down the ongoing trade war.Benchmark copper CMCU3 on the London Metal Exchange (LME) was down...Reuters
Wed, May 7
Other
OpenAI plans to slash revenue share to Microsoft, The Information reports
May 6 (Reuters) - OpenAI has told investors it will share a smaller fraction of revenue with Microsoft MSFT.O, The Information reported on Tuesday. The percentage would drop by at least half by the end of this decade, the report said.Reuters
Wed, May 7
