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Stellantis' board about to appoint Filosa as new CEO, Corriere says
ROME, May 28 (Reuters) - Automaker Stellantis STLAM.MI is about to appoint Italian manager Antonio Filosa as its new chief executive, the Corriere della Sera daily reported on Wednesday.According to the daily, which cited unspecified rumours, the company's board is due to meet in the coming hour...Reuters
Wed, May 28
Other
Aeffe Terminates Early Its New York Showroom Lease Agreement
May 28 (Reuters) - Aeffe SpA AEF.MI:SAID ON TUESDAY IT HAD TERMINATED EARLY LEASE AGREEMENT OF NEW YORK PROPERTY USED AS SHOWROOM, OWNED BY FERRIM USATERMINATED LEASE AGREEMENT FOR ANNUAL RENT OF $0.9 MLN WAS DUE TO EXPIRE ON SEPT 2027 AEFFE TO RELOCATE SHOWROOM, OFFICES TO SMALLER SPACEDECISION IS ...Reuters
Wed, May 28
Cryptocurrencies
TRON’s Correlation With Bitcoin Could Mean Massive Gains, Here’s Why
TRON (TRX) has been gaining upward momentum alongside the broader cryptocurrency market, reflecting strong price performance in recent weeks. The crypto asset has climbed over 10% in the past month, with its current price at $0.2748, reflecting a modest 0.7% increase in the past 24 hours. While not ...NewsBTC
Wed, May 28
Indices
US Dollar Index (DXY) advances to weekly top around 99.80; lacks bullish conviction
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, gains positive traction for the second consecutive day on Wednesday and moves further away from the monthly low touched earlier this week.Fxstreet
Wed, May 28
Cryptocurrencies
Bitcoin Has Hit Its ATH, Crypto Whales Accumulate 3 Other Altcoins Set For Same Trajectory
Bitcoin’s fresh all-time high has reignited risk appetite across the crypto market. As the flagship asset consolidates above six figures, deep-pocketed investors are recycling profits into three altcoins they believe could follow a similar trajectory: Dogecoin (DOGE), Ethereum (ETH) and presale newcomer Yeti Ouro (YETIO). YETIO’s $100,000 giveaway is drawing investors into its presale, further […]Cryptopolitan
Wed, May 28
Forex
NZD/USD surges above 0.5950 after RBNZ’s policy decision, FOMC Minutes awaited
NZD/USD recovers its recent losses from the previous session, trading around 0.5970 during the Asian hours on Wednesday. The pair appreciates as the New Zealand Dollar (NZD) gains ground following the Reserve Bank of New Zealand's (RBNZ) interest rate decision.
Fxstreet
Wed, May 28
Stocks
Aussie energy stocks hit two-week high on stronger oil prices
** Australia energy sub-index .AXEJ rises 2.9%, hitting its highest level since May 14** Energy stocks track stronger oil prices, which rose after the U.S. barred Chevron CVX.N from exporting crude from Venezuela O/R** Woodside WDS.AX up 3.9%, YTD down 9.2%; Santos STO.AX up 2.3%, YTD down 1.5%** Su...Reuters
Wed, May 28
Forex
GBP/USD Price Forecast: Keeps bullish vibe, first upside target emerges above 1.3550
The GBP/USD pair attracts some sellers to around 1.3480 during the Asian trading hours on Wednesday. The Greenback strengthens against the Pound Sterling (GBP) on the economic signs in the United States (US).
Fxstreet
Wed, May 28
Stocks
MORNING BID EUROPE-Nvidia earnings take the spotlight
A look at the day ahead in European and global markets from Rae WeeEarnings results from Nvidia NVDA.O will be the marquee event for markets on Wednesday, with all eyes on how much U.S. technology curbs on China will cost the AI bellwether.Company watchers expect the chip giant to report a 66.2% sur...Reuters
Wed, May 28
Cryptocurrencies
PRESS DIGEST- New York Times business news - May 28
May 28 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- Trump Media and Technology Group DJT.O will raise about $2.5 billion to invest in bitcoin, U.S. President Donald Trump's soci...Reuters
Wed, May 28
Commodities
Australia approves Woodside's North West Shelf LNG project extension
SYDNEY, May 28 (Reuters) - The Australian government approved on Wednesday Woodside Energy's WDS.AX request to extend the life of its North West Shelf gas plant, after a six-year review process dogged by delays, appeals and backlash from green groups.Environment Minister Murray Watt said in a st...Reuters
Wed, May 28
Forex
New Zealand dollar up as RBNZ signals near done on rate cuts
By Wayne Cole SYDNEY, May 28 (Reuters) - The New Zealand dollar bounced on Wednesday after the country's central bank cut interest rates as expected but signalled it might be nearer to an end on easing than some in the market had hoped for.The Reserve Bank of New Zealand trimmed its cash rate...Reuters
Wed, May 28
Stocks
Bell Potter raises Australian firm WiseTech's target price on E2open buy
** WiseTech Global shares WTC.AX rise as much as 2% to A$109.170** Analysts at Bell Potter see WiseTech's $2.1 billion acquisition of U.S. cloud computing firm E2open ETWO.N accelerating its entry into adjacent markets** Brokerage raises PT from A$112.50/shr to A$122.50/shr, maintains "buy&#...Reuters
Wed, May 28
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