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Commodities
Copec says China pulp market could be challenging in face of US tariffs
May 13 (Reuters) - Chilean industrial conglomerate Empresas Copec COPEC.SN said on Tuesday that the Chinese market for its forestry products could become more challenging if paper makers struggle to boost sales amid uncertainty over U.S. tariff policies.In Europe, meanwhile, uncertainty and concerns...
Reuters
Tue, May 13
Other
United expects flight issues at Newark to ease, may need to cut more flights
United has cut 35 daily flights at Newark amid constructionFAA to discuss temporary flight reductions at NewarkUnited seeks to reassure customers on Newark flight safetyBy David Shepardson NEW YORK, May 13 (Reuters) - United Airlines UAL.O on Tuesday said it expects flight issues to ease at Newar...
Reuters
Tue, May 13
Stocks
EMERGING MARKETS-Latin American assets up on easing trade war jitters; focus on Trump's Gulf tour
Latin American currencies up 1.1%, stocks up 2%Brazil's central bank signals prolonged high rates Petrobras posts higher first-quarter profit on one-off itemsChina offers Latin America, Caribbean billions to rival US influenceIndia's inflation slows in April, making room for rate cutsBy Nikh...
Reuters
Tue, May 13
Forex
USD/CHF retraces to key support amid softer US CPI data
The USD/CHF pair retraces towards the critical round-level support of 0.8400 during the North American session on Tuesday.
USD/CHF
Fxstreet
Tue, May 13
Other
US weighs letting UAE buy over a million advanced Nvidia chips, Bloomberg News reports
May 13 (Reuters) - The Trump administration is weighing a deal that would allow the UAE to import more than a million advanced Nvidia NVDA.O chips, a quantity that far exceeds limits under Biden-era AI chip regulations, Bloomberg News reported on Tuesday.The deal, which is still being negotiated and...
Reuters
Tue, May 13
Stocks
British stocks mixed as investors assess US inflation, UK labour market report
UK jobs market cools furtherFTSE 100 flat, FTSE 250 up 0.6% May 13 (Reuters) - British stocks ended mixed on Tuesday, as investors assessed a tick up in U.S. inflation data, while signs of a cooling UK labour market fuelled speculation over the Bank of England's future rate decisions.The blue...
Reuters
Tue, May 13
Other
Iran says recent negotiations with U.S. useful, sanctions not compatible with talks
DUBAI, May 13 (Reuters) - Iran said on Tuesday a recent round of talks with the U.S. had been fruitful but the imposition by Washington of further sanctions was not compatible with the negotiations.The U.S. on Tuesday imposed sanctions on a shipping network it says has sent millions of barrels o...
Reuters
Tue, May 13
Other
Trump secures $600 billion Saudi investment pledge on Gulf tour
Trump touring Saudi Arabia, Qatar and United Arab EmiratesMajor investment expected from Gulf statesTrip comes amid global geopolitical tensionsTrump not visiting Israel during the tripOffers brighter future to Iran but warns of maximum pressure if no new nuclear dealBy Yousef Saba, Gram Slattery, P...
Reuters
Tue, May 13
Other
Trump says will remove US sanctions on Syria
RIYADH, May 13 (Reuters) - U.S. President Donald Trump on Tuesday said he would remove all sanctions against Syria, saying they had served an important function, but it was now time for Syria to move forward."I will be ordering the cessation of sanctions against Syria in order to give them a cha...
Reuters
Tue, May 13
Other
Global Eggs completes acquisition in US, closes new deal in Europe
By Luciana MagalhaesSAO PAULO, May 13 (Reuters) - Global Eggs, a group controlled by Brazilian entrepreneur Ricardo Faria, has completed its $1.1 billion acquisition of U.S. egg producer Hillandale Farms, just weeks after closing a new deal in Europe, Faria told Reuters on Tuesday. Last month, Globa...
Reuters
Tue, May 13
Stocks
Is the Fed on the Right Track?
In this podcast, Motley Fool host Dylan Lewis and analysts Tim Beyers and Bill Mann discuss:The Fed's continued wait-and-see approach to tariff policy, inflation, and interest rate cuts.Ford's warning of tariff impacts.Why MercadoLibre is worth a look amid macro uncertainty.How Uber and DoorDash are...
The Motley Fool
Tue, May 13
Other
Measles cases in Texas rise by eight to 717, state health department says
May 13 (Reuters) - The Texas health department reported 717 cases of measles in the state on Tuesday, an increase of eight since its last update on Friday, as the U.S. battles one of the worst outbreaks of the childhood disease in the country.Cases in Gaines County, the epicenter of the outbreak, ro...
Reuters
Tue, May 13
Stocks
3 Reasons to Buy Target Stock Like There's No Tomorrow
Shares of Target (NYSE: TGT) have struggled this year, dropping by nearly 30% through the week ending May 9. A confluence of factors contributed to that decline, some of which were macroeconomic and others that were of the retail giant's own making.The lingering impacts of high inflation curbed cons...
The Motley Fool
Tue, May 13
Other
Rubio to attend Russia-Ukraine talks this week, Trump says
RIYADH, May 13 (Reuters) - U.S. Secretary of State Marco Rubio will attend talks between Ukraine and Russia that are scheduled to be held in Turkey on Thursday, President Donald Trump said on Tuesday. The talks could produce some good results, Trump said during a speech in Saudi Arabia.
Reuters
Tue, May 13
Economic Indicator
US President Trump: There will be a redistribution of costs with other countries
United States (US) President Donald Trump hit the airwaves with a fresh round of commentary on a wide range of subjects on Tuesday.
Fxstreet
Tue, May 13
Other
Top US Senate Democrat to block Trump DOJ nominees over Qatar airplane
By Richard Cowan WASHINGTON, May 13 (Reuters) - U.S. Senate Democratic Leader Chuck Schumer on Tuesday vowed to block all of President Donald Trump's nominees to the Justice Department until the agency reports what it knows about Qatar's offer to give Trump's administration a $400 mil...
Reuters
Tue, May 13
Commodities
Goldman Sachs sees upside risk to Brent, WTI oil price forecasts
May 13 (Reuters) - Goldman Sachs estimates around $3-4 per barrel of upside risk to its Brent and WTI oil price forecast of $60/bbl and $56/bbl respectively for the rest of 2025, and $56/bbl and $52/bbl respectively in 2026 from recent trade de-escalation, it said in a note on Tuesday.
Reuters
Tue, May 13
Stocks
Bally's Corp reports results for the quarter ended March 31 - Earnings Summary
Bally's Corp BALY.N reported a quarterly adjusted loss of 48 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-3.61. The mean expectation of six analysts for the quarter was for a loss of 58 cents per share. Wall Street ...
Reuters
Tue, May 13
Other
AWS, HUMAIN Announce Over $5 Bln Investment To Accelerate AI Adoption In Saudi Arabia & Globally
May 13 (Reuters) - Amazon.com Inc AMZN.O:AWS AND HUMAIN ANNOUNCE A MORE THAN $5B INVESTMENT TO ACCELERATE AI ADOPTION IN SAUDI ARABIA AND GLOBALLYAMAZON: AWS PREVIOUSLY ANNOUNCED & IS CURRENTLY BUILDING AWS INFRASTRUCTURE REGION IN SAUDI ARABIA THAT WILL BECOME AVAILABLE IN 2026 - WEBSITE
Reuters
Tue, May 13
Stocks
Peloton raised to Outperform at Macquarie following Q3 earnings
Investing.com -- In a note to clients on Tuesday, Macquarie upgraded Peloton (NASDAQ:PTON) to Outperform from Neutral and raised its price target to $10 from $9 after a stronger-than-expected fiscal t
Investing.com
Tue, May 13
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