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Nvidia seeks Shanghai R&D site after US chip curbs, say sources
CEO Jensen Huang underlined China's importance during April visitShanghai could offer incentives for Nvidia projectShanghai may provide large area of land for R&D centreBy Julie Zhu and Clare Jim HONG KONG, May 16 (Reuters) - Nvidia NVDA.O is seeking a site in Shanghai for a research and ...Reuters
Fri, May 16
Other
Macron says, after call with Trump, that Russia does not want peace
PARIS, May 16 (Reuters) - French President Emmanuel Macron said he had spoken to U.S. President Donald Trump while in Albania for a meeting of top European leaders with Ukraine's President, and that Russia was not showing that it was ready for peace in Ukraine."We just had a phone call with ...Reuters
Fri, May 16
Commodities
EU readying new sanctions to increase pressure on Russia, von der Leyen says
Leaders from across Europe meet in TiranaEU threatens Russia with more sanctions over UkraineZelenskiy says his priority is obtaining unconditional ceasefire By Andrew Gray and Fatos Bytyci TIRANA, May 16 (Reuters) - The European Union is working on a new package of sanctions to increase pressure...Reuters
Fri, May 16
Stocks
CANADA STOCKS-TSX steady, poised for sixth weekly gain amid trade optimism
By Sanchayaita Roy May 16 (Reuters) - Canada's main stock index held steady on Friday and was set for a sixth consecutive weekly gain, as investors anticipate more trade agreements amid easing tariff tension and softer U.S. inflation data.The Toronto Stock Exchange's S&P/TSX composit...Reuters
Fri, May 16
Other
Israel says it severely damaged Yemeni ports, vows to kill Houthi leader
May 16 (Reuters) - Israel said it attacked and severely damaged Houthi-controlled ports in Yemen on Friday, with its defence minister vowing in a statement to hunt down and kill the group's leader Abdul Malik al-Houthi.Reuters
Fri, May 16
Commodities
US freight industry hopes for back-to-school demand boost after tariff truce
Analysts predict spike in orders during back-to-school seasonHigher imports to benefit carriers and railroads Freight influx could hit U.S. West Coast ports by June-end By Abhinav Parmar May 16 (Reuters) - A 90-day trade thaw between Washington and Beijing could prove to be a welcome reprieve for...Reuters
Fri, May 16
Commodities
Vibra Foods linked to first Brazil case of bird flu on commercial farm, sources say
SAO PAULO, May 16 (Reuters) - Brazil's first bird flu outbreak on a commercial farm has been found on a supplier linked to privately owned chicken processor Vibra Foods, according to two sources briefed on the matter speaking on condition of anonymity on Friday. The company did not have an immed...Reuters
Fri, May 16
Stocks
UBS upgrades Caterpillar on improved trade prospects
** Brokerage UBS upgrades construction equipment maker Caterpillar CAT.N to "neutral" from "sell", raises PT to $357 from $272** New PT a 2% upside to the stock's last close** Brokerage sees upside for CAT following better-than-expected outcomes of U.S. trade discussions with Chi...Reuters
Fri, May 16
Stocks
GLOBAL MARKETS-Wall Street down after weak US data, as oil prices regain some ground
US consumer sentiment slumped in May, survey saysEuropean stocks set for fifth week of gains Oil steadies after Thursday's drop By Chris Prentice and Stella Qiu NEW YORK/SYDNEY, May 16 (Reuters) - Wall Street was lower on Friday though global equities were still poised for weekly gains, a...Reuters
Fri, May 16
Other
Soccer-LAFC and Club America to contest Club World Cup playoff on May 31
May 16 (Reuters) - Los Angeles FC and Club America will play their Club World Cup qualifying playoff match on May 31 at the BMO Stadium, home of LAFC, for a place in the group stage of the 32-team tournament, world soccer's governing body FIFA announced on Friday.The playoff is being held to dec...Reuters
Fri, May 16
Other
UK's Craneware says it has not received takeover proposal from Bain Capital
May 16 (Reuters) - Craneware CRW.L has not received a takeover proposal from Bain Capital, the British software licensing firm said on Friday, after the U.S. private equity firm expressed interest in buying the firm.Bain Capital confirmed earlier on Friday that it was assessing a possible offer for ...Reuters
Fri, May 16
Stocks
How Governments Shape Markets
Chris Hughes is a co-founder of Facebook and an economist who specializes in the history of Fed policy. He is also the author of MarketCrafters: The 100-Year Struggle to Shape the American Economy.In this podcast, Hughes joined Motley Fool host Ricky Mulvey to discuss:Where to invest $1,000 right no...The Motley Fool
Fri, May 16
Forex
GBP/USD slips below 1.33 as US consumer sentiment turns negative, boosts USD
The Pound Sterling retreats against the US Dollar during the North American session, poised to end the week with minimal losses of over 0.24%. An absent economic docket in the UK on Friday left traders adrift to US data, which revealed that consumers are becoming pessimistic about the economy.
Fxstreet
Fri, May 16
Other
EXCLUSIVE-Boeing nears deal to avoid guilty plea, prosecution in 737 MAX crashes case, sources say
By Mike Spector, David Shepardson, Allison Lampert and Chris PrenticeNEW YORK/WASHINGTON, May 16 (Reuters) - Boeing has reached a tentative nonprosecution agreement with U.S. prosecutors in a fraud case stemming from two fatal 737 MAX plane crashes that killed 346 people, people familiar with the ma...Reuters
Fri, May 16
Stocks
Why Bloom Energy Stock Jumped This Week
Many big tech stocks have been soaring as spending for artificial intelligence (AI) infrastructure continues to grow. Major announcements this week during President Donald Trump's Middle East trip gave tech investors even more to cheer about.The massive planned data center buildouts in Saudi Arabia ...The Motley Fool
Fri, May 16
Other
OpenAI Launches Research Preview Of Codex, A Cloud-Based Software Engineering Agent
May 16 (Reuters) - OPENAI: OPENAI: LAUNCHING RESEARCH PREVIEW OF CODEX, A CLOUD-BASED SOFTWARE ENGINEERING AGENTOPENAI: ROLLING OUT CODEX TO CHATGPT PRO, ENTERPRISE, & TEAM USERS FRIDAY, WITH SUPPORT FOR PLUS & EDU COMING SOONOPENAI: USERS CAN ACCESS CODEX VIA SIDEBAR IN CHATGPT & ASSIGN...Reuters
Fri, May 16
Forex
FOREX-US dollar climbs after data, on track for fourth straight weekly gain
Import prices unexpectedly riseGauge of consumer sentiment fallsDollar poised for fourth straight week of gainsBy Chuck Mikolajczak NEW YORK, May 16 (Reuters) - The dollar rose on Friday after the latest round of economic data showed a jump in import prices while consumer sentiment remained subdu...Reuters
Fri, May 16
Stocks
LIVE MARKETS-Individual investor bulls advance, bears retreat - AAII
Main US indexes mixed, all around flatHealthcare leads S&P 500 sector gainers; Energy weakest groupDollar rallies; bitcoin, crude gain; gold slip; gold down ~2%U.S. 10-Year Treasury yield edges down to ~4.44%Welcome to the home for real-time coverage of markets brought to you by Reuters reporter...Reuters
Fri, May 16
