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Sailing-Team racing returns with new boats, bold format
Revamped format features sleek Sonar keelboats, simpler scoring systemGender balance rule requires teams to include at least two men and two womenNewcomers from Argentina, Greece, Bahamas, Sweden join established powersNEWPORT, Rhode Island, May 2 (Reuters) - After a decade becalmed in sporting limb...
Reuters
May 2, 2025
Stocks
Barclays cuts EOG PT after it trims capex plan on tariff concerns
** Shares of U.S. shale producer EOG Resources EOG.N fall 1.3% to $110.27** Barclays cuts PT to $137 from $140; representing a 22.7% premium to stock's last close** Says as the first large-cap E&P co to report results, EOG sets the tone for a measured capex cut, which flattens out oil produc...
Reuters
May 2, 2025
Other
Unilever to invest $400 million in new Mexican factory
MEXICO CITY, May 2 (Reuters) - Consumer goods company Unilever ULVR.L said on Friday that it will invest 8 billion pesos ($407.44 million) in a new factory in the northern Mexican state of Nuevo Leon. The investment, which was announced at the daily morning press conference of Mexican President Clau...
Reuters
May 2, 2025
Other
Unifor Says 300 Members Working For Niobec Mine In Saguenay Go On Strike
May 2 (Reuters) - Unifor:300 UNIFOR MEMBERS WORKING FOR NIOBEC MINE IN SAGUENAY GO ON STRIKE
Reuters
May 2, 2025
Other
Britain's King Charles to attend Canada's state opening of parliament, palace says
LONDON, May 2 (Reuters) - Britain's King Charles and his wife Queen Camilla will visit Canada from May 26 to May 27, Buckingham Palace said on Friday.The royal couple will attend the State Opening of the Parliament of Canada in Ottawa, the statement said.
Reuters
May 2, 2025
Technical Analysis
GBP/USD rebounds despite strong US NFP report, market doubt immediate Fed cuts
The Pound Sterling advanced for the first time in the last four days and bounced off weekly lows against the Greenback, although an upbeat jobs report in the United States (US) decreased fears of a recession in the largest economy.
GBP/USD
Fxstreet
May 2, 2025
Other
California leaders introduce Safe Homes Act to address wildfire and insurance crises
By Mia MacGregorMay 1 - (The Insurer) - California leaders have introduced the California Safe Homes Act (Assembly Bill 888), aimed at enhancing the safety of homes against wildfires and improving access to insurance. The Act, sponsored by Insurance Commissioner Ricardo Lara, successfully passed the...
Reuters
May 2, 2025
Other
TWFG buys Paul Mears in North Carolina and Denise Davis Insurance in Texas
By Isha MaratheMay 1 - (The Insurer) - Texas-based insurance agency TWFG has acquired Paul Mears Insurance Group in North Carolina and Denise Davis Insurance in Texas, bringing owner Denise Davis aboard as vice president of retail operations at TWFG.The financial terms of the deals were not disclos...
Reuters
May 2, 2025
Other
Universal board authorises $20 million share repurchase
By Isha MaratheMay 2 - (The Insurer) - Universal Insurance Holdings' board of directors has authorised a new share repurchase programme under which the Florida carrier may repurchase up to $20 million of its outstanding common stock through May 1, 2027.The share repurchases can be made by Unive...
Reuters
May 2, 2025
Stocks
European shares recover from early April's tariff-driven losses
LONDON, May 2 (Reuters) - Europe's STOXX 600, .STOXX on Friday, rose above its closing level on April 2, the day U.S. President Donald Trump announced his plans for reciprocal tariffs on trade partners. Global equity markets sold off heavily after Trump's tariff plan was announced on April 2...
Reuters
May 2, 2025
Other
Eversource Energy's first-quarter profit rises on higher electricity rates
May 2 (Reuters) - Eversource Energy ES.N reported a rise in first-quarter profit on Thursday, as the U.S. electric and water utility benefited from higher electricity rates.Regulated utilities use rate case proceedings to seek power price increases, basing their appeals on their investments or expen...
Reuters
May 2, 2025
Other
Ryan Specialty completes USQRisk acquisition
By Mia MacGregorMay 2 - (The Insurer) - Ryan Specialty has completed the acquisition of certain assets of alternative risk transfer-focused MGA USQRisk Holdings. The acquisition, announced in late April, integrates USQ into Ryan Specialty's alternative risk business. Founded in 2020 by a managem...
Reuters
May 2, 2025
Other
India and UK look to clinch trade deal in new London meeting
U.S. tariff-induced trade turmoil looms over negotiationsTalks resumed after earlier visit ended without final agreementFew issues remain, tariffs on whisky and autos finalisedBy Alistair Smout LONDON, May 2 (Reuters) - British trade minister Jonathan Reynolds met his Indian counterpart Piyush Go...
Reuters
May 2, 2025
Stocks
FTC Solar Inc reports results for the quarter ended March 31 - Earnings Summary
FTC Solar Inc FTCI.OQ reported a quarterly adjusted loss of 84 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -90 cents. The mean expectation of five analysts for the quarter was for a loss of 76 cents per share. Wall Stree...
Reuters
May 2, 2025
Other
EXCLUSIVE-NATO chief Rutte floats including broader security spending to meet Trump defence target
By Andrew Gray and Lili Bayer BRUSSELS, May 2 (Reuters) - NATO chief Mark Rutte has proposed alliance members boost defence spending to 3.5% of GDP and commit a further 1.5% to broader security-related spending to meet Donald Trump’s demand for a 5% target, people familiar with the idea told Reut...
Reuters
May 2, 2025
Other
US-China Tensions Stall Bunge'S $8.2 Billion Viterra Deal-Bloomberg News
May 2 (Reuters) - US-CHINA TENSIONS STALL BUNGE'S $8.2 BILLION VITERRA DEAL-BLOOMBERG NEWSSource text: https://tinyurl.com/4t8ad3zu
Reuters
May 2, 2025
Other
EXCLUSIVE-NATO chief Rutte floats two-tier spending plan to meet Trump target
BRUSSELS, May 2 (Reuters) - NATO chief Mark Rutte has proposed alliance members boost defence spending to 3.5% of GDP and spend a further 1.5% on other defence-related items to meet Donald Trump’s demand for a 5% target, people familiar with the idea told Reuters.Rutte’s proposal could allow the U.S...
Reuters
May 2, 2025
Cryptocurrencies
Ripple Is ‘Fake It Till You Make It On Steroids,’ Claims Moonrock Capital CEO
The disclosure of Ripple Labs Inc.’s overture to purchase Circle Internet Financial for a reported $4 billion to $5 billion has ignited a rare public broadside from within the digital-asset industry itself, while simultaneously spotlighting diverging philosophies about how crypto networks should be ...
Bitcoinist
May 2, 2025
Cryptocurrencies
Dogecoin Eyes $1.80 In Summer Rally As Analyst Flags Breakout Structure
The Dogecoin monthly chart has begun to echo the rhythmic, momentum-laden structures that prefaced each of the meme-coin’s historical breakouts, according to independent market technician Kevin, better known on X as @Kev_Capital_TA. In a fresh publication dated 1 May 2025, Kevin notes that DOGE clos...
NewsBTC
May 2, 2025
Stocks
CANADA STOCKS-TSX gains on signs of easing Sino-US trade tensions
By Sukriti Gupta and Ragini Mathur May 2 (Reuters) - Canada's main stock index rose on Friday and was on track for its fourth consecutive weekly gain, as signs of potential easing in U.S.-China trade tensions and a stronger-than-expected U.S. jobs report boosted investor sentiment.Toronto Sto...
Reuters
May 2, 2025
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