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Hewlett Packard Enterprise rises as Evercore turns bullish
** Hewlett Packard Enterprise's HPE.N shares up 1.4% at $17.71 early Tues after Evercore upgrades AI server maker to 'outperform' from 'in line'** Brokerage hikes PT by $5 to $22, or 26% above stock's last close** Evercore analyst team led by Amit Daryanani says current risk/...Reuters
Tue, May 20
Other
Justice Department official who resigned in Adams case joins law firm
By Sara Merken May 20 (Reuters) - John Keller, a former senior U.S. Justice Department lawyer who resigned in February amid a clash over the prosecution of New York City's mayor, has joined law firm Walden Macht Haran & Williams, the firm said on Tuesday.Keller was the acting head of the ...Reuters
Tue, May 20
Other
Willis names Williamson as Canada leader within CRB
By Mia MacGregorMay 20 - (The Insurer) - Willis, a WTW business, has appointed Grant Williamson as Canada leader within its corporate risk and broking (CRB) business.Williamson joined WTW in October 2024 as deputy regional leader, chief commercial officer and head of strategy and execution for Willi...Reuters
Tue, May 20
Other
Russia's Lavrov says radical groups engaged in 'ethnic cleansing' in Syria, TASS reports
MOSCOW, May 20 (Reuters) - Russian Foreign Minister Sergei Lavrov said that Moscow is deeply concerned by what he said was ethnic cleansing being carried out by "radical militant groups" in Syria, Russian state news agency TASS reported on Tuesday.TASS cited Lavrov as saying of Syria: "R...Reuters
Tue, May 20
Stocks
Archer Aviation falls after Culper Research says short on co
** Shares of air-taxi maker Archer Aviation ACHR.N fall 2% to $11 in morning trade after short-seller Culper Research says it is short on ACHR** Says over the past 12 months, co has "systematically misled, deceived, or outright lied to investors about virtually every supposed milestone related t...Reuters
Tue, May 20
Stocks
Jefferies upgrades Air Canada to 'hold', hikes PT
** Jefferies upgrades Air Canada's AC.TO rating to 'hold' from 'underperform', raises PT to C$18 from C$12** New PT a downside of 4% to the stock's last close** Shares marginally down at C$18.70 in choppy morning trade** Says co avoided macro uncertainty in Q1, and capacity a...Reuters
Tue, May 20
Economic Indicator
Canada annual inflation rate falls, but rise in core measures is tricky for central bank
By David Ljunggren OTTAWA, May 20 (Reuters) - Canada's annual inflation rate fell to 1.7% in April due to a drop in energy prices, but analysts said a rise in closely watched core measures would make life hard for the Bank of Canada as it ponders its next rate move.The overall inflation rate ...Reuters
Tue, May 20
Other
Telekom wins TV rights to 2026 soccer World Cup, says Bild newspaper
May 20 (Reuters) - Telecoms giant Deutsche Telekom DTEGn.DE has secured Germany's broadcasting rights for the men's soccer FIFA World Cup championship in 2026, Bild reported on Tuesday. MagentaTV, the company's television business, could then broadcast all 104 matches in the U.S., Mexic...Reuters
Tue, May 20
Stocks
D-Wave Quantum jumps on sixth-generation quantum computer launch
** Shares of D-Wave Quantum QBTS.N jump almost 21.2% to all-time high of $16** Co announces sixth-generation quantum computer release, says it's D-Wave's most advanced quantum processor till date** New system helpful for real-world use cases in areas including optimization, materials simulta...Reuters
Tue, May 20
Commodities
Re-elected Shell CEO, asked about BP, says bar for deals is high
Shell CEO, chair laud LNG as "low carbon"Activist resolution questioning LNG strategy gets 21% supportBy Shadia Nasralla LONDON, May 20 (Reuters) - Shell SHEL.L shareholders on Tuesday re-elected Chair Andrew Mackenzie and CEO Wael Sawan, who said when asked about a potential deal for riv...Reuters
Tue, May 20
Stocks
CORRECTED-BREAKINGVIEWS-Drahi’s French exit may require local carve-up
By Jennifer JohnsonLONDON, May 20 (Reuters Breakingviews) - Patrick Drahi’s French telco sale may not be straightforward. On Monday, Bloomberg reported that the Moroccan-born billionaire is looking for suitors for a controlling stake in telecoms operator SFR. But the pool of eligible bidders is rel...Reuters
Tue, May 20
Other
Cowbell promotes Chan Tsin to resiliency services SVP
By Michael LoneyMay 20 - (The Insurer) - Cyber insurtech Cowbell has promoted Matthieu Chan Tsin to senior vice president, resiliency services.Chan Tsin now leads Cowbell Resiliency Services, a new initiative launched to help U.S. and UK businesses strengthen cyber defenses in response to the growin...Reuters
Tue, May 20
Stocks
Prediction: This Will Be The First Major Stock Purchase by Berkshire Hathaway in the Post-Buffett Era
Besides news about tariffs, one of the bigger storylines in the financial world as of late has to do with Warren Buffett stepping down as CEO of Berkshire Hathaway at the end of the year.While his resignation came as a shocker for most, tapping Greg Abel as his successor wasn't much of a surprise. S...The Motley Fool
Tue, May 20
Other
Turkey's spy chief, Syria's Sharaa discuss Kurdish militants disarming, source says
ANKARA, May 20 (Reuters) - Turkey's intelligence chief and Syrian President Ahmed al-Sharaa discussed the Kurdish YPG militant group laying down its weapons and integrating into Syrian security forces during talks in Syria, a Turkish security source said on Tuesday."The YPG laying down its w...Reuters
Tue, May 20
Other
Cyclone pool drives 39% drop in premiums for high-risk areas
By Ryan HewlettMay 20 - (The Insurer) - Australia’s state-backed cyclone reinsurance pool has helped cut home insurance premiums for the highest cyclone risk areas by 39% since launch in July 2022, according to new data.The pool, operated by the Australian Reinsurance Pool Corporation (ARPC), has al...Reuters
Tue, May 20
Other
REFILE-Canopius announces two senior hirings in APAC team
By Navneeta NandanMay 20 - (The Insurer) - Canopius Group has appointed Chen Zhang as head of claims for the Asia Pacific region, the company said on Monday.In addition, Channing Chiu has been appointed to the newly created role of Asia Pacific regional strategy and transformation lead.Both report ...Reuters
Tue, May 20
Other
London-Listed Miner Adriatic Metals In £700M Takeover Talks- Sky News
May 20 (Reuters) - LONDON-LISTED MINER ADRIATIC METALS IN £700M TAKEOVER TALKS- SKY NEWSADRIATIC METALS IS IN THE VERY EARLY STAGES OF DISCUSSIONS WITH DUNDEE PRECIOUS METALS- SKY NEWSSource text: https://tinyurl.com/ycymm8ywReuters
Tue, May 20
