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Stocks fall and oil prices gain after Trump warns the Iran ‘clock is ticking’

HONG KONG (AP) - Asian stocks mostly retreated and oil prices jumped on Monday after U.S. President Donald Trump warned Tehran that the "clock is ticking" as U.S.-Iran negotiations over a permanent end to the war stall. U.S. futures fell more than 0.6%. Markets in Japan ...
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G7 finance chiefs seek to tackle imbalances as trade strains unity

By Leigh Thomas PARIS, May 18 (Reuters) - G7 finance ministers gathering in Paris on Monday will try to find common ground on tackling global economic tensions and coordinating critical raw material supplies, even as geopolitical differences threaten to test the group's cohesion. The two-day ...
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Dollar firms as oil climbs, bond rout saps risk appetite

By Jiaxing Li HONG KONG, May 18 (Reuters) - The dollar firmed against most major currencies on Monday as fresh Middle East tensions lifted oil prices and a global bond selloff dented risk appetite, while yen weakness kept traders on alert for possible Japanese intervention. ...
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Asia shares slip, oil prices pile pressure on bonds

By Wayne Cole SYDNEY, May 18 (Reuters) - Asia share markets slipped on Monday as fresh drone attacks in the Gulf pushed up oil prices and bond yields, while the AI boom is set to be tested by earnings from tech-diva Nvidia this week. A drone ...
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NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports

May 17 (Reuters) - U.S. power firm NextEra Energy is discussing a mostly stock deal for Dominion Energy that would value the smaller Virginia-based utility at about $76 per share, or around $66 billion, Bloomberg News reported on Sunday. A tie-up between the two ...
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Oil rises more than 1% after drone attack on UAE nuclear power plant

SINGAPORE, May 18 (Reuters) - Oil prices extended gains on Monday as efforts to end the U.S.-Israeli war with Iran appeared to have stalled, after a nuclear power plant in the United Arab Emirates came under attack and as U.S. President Donald Trump is ...
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Standard Chartered names Manus Costello as permanent CFO

(Corrects surname to Costello not Manus in paragraphs 4-6) May 18 (Reuters) - Standard Chartered on Monday appointed Manus Costello as its permanent chief financial officer, succeeding Diego De Giorgi, who resigned in February after nearly three years with the bank. StanChart had named Peter Burrill ...
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Analysis-Bond yield spike is risk to unprepared equities market, investors warn

By Suzanne McGee PROVIDENCE, Rhode Island, May 17 (Reuters) - Investors are warning that lofty U.S. stock markets have not yet priced in the risk of rocketing inflation and are vulnerable to a sharp spike in bond yields. Equity markets have been propelled by robust ...
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Ukraine conducts large-scale drone strikes on Russia, killing 4 and wounding a dozen others

KYIV, Ukraine (AP) - One of Ukraine's largest drone strikes on Russia killed at least four people, including three near Moscow, and wounded a dozen others, local authorities said Sunday. Debris fell on Russia's largest airport without causing damage. Ukrainian President Volodymyr Zelenskyy confirmed the ...
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Shippers Hapag-Lloyd, CMA CGM suspend Cuba bookings after US executive order

By Gus Trompiz, Christoph Steitz and Dave Sherwood PARIS/FRANKFURT/HAVANA, May 17 (Reuters) - Shipping giants CMA CGM and Hapag-Lloyd said on Sunday they had suspended all bookings to and from Cuba until further notice, with both citing a U.S. executive order issued on May 1, ...
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China to buy at least $17 billion in US agricultural products annually, White House says

WASHINGTON, May 17 (Reuters) - China has committed to purchasing at least $17 billion of U.S. agricultural products in 2026, 2027 and 2028, the White House said in a fact sheet released on Sunday. The commitment was made during meetings between U.S. President Donald Trump ...
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France’s Publicis to buy US data firm LiveRamp in $2.2 billion

May 17 (Reuters) - French advertising group Publicis Groupe has agreed to acquire U.S. data collaboration company LiveRamp for a total enterprise value of about $2.2 billion in an all-cash deal, it said on Sunday. Under the terms of the agreement, Publicis will pay $38.50 ...
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