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Published on May 19, 2025

Stock markets close lower for 2nd day; IT stocks fall after US rating downgrade

Mumbai, May 19 (PTI) Benchmark BSE Sensex dropped by 271 points on Monday, marking the second straight day of losses due to selling in IT and banking stocks and a weak trend in global markets after rating downgrade of the US by Moody’s Ratings. The 30- …

Source: The Print - Neutral
Published on May 19, 2025

JPMorgan says interest income could rise this year even as uncertainty persists

NEW YORK: JPMorgan Chase said on Monday that it could earn more from interest payments this year despite significant economic uncertainty. Chief Financial Officer Jeremy Barnum told investors that net interest income – the difference between what the bank …

Source: Business Recorder - Neutral
Published on May 19, 2025

XRP News: Ripple Secures First UAE Clients After DFSA License, But XRP Price Declines

Ripple has secured its first blockchain-enabled payments clients in the United Arab Emirates following its regulatory license from the Dubai Financial Services Authority (DFSA), marking a significant expansion in one of the world's largest cross-border …

Source: Finance Magnates - Neutral
Published on May 19, 2025

Gold rallies Rs 580 to Rs 97,030/10 gm; silver climbs Rs 500

NEW DELHI, May 19: Gold prices rallied Rs 580 to Rs 97,030 per 10 grams in the national capital on Monday amid strong trends in the international markets, according to the All India Sarafa Association. On Friday, the precious metal of 99.9 per cent …

Source: Daily Excelsior - Pending
Published on May 19, 2025

S&P 500 ekes out sixth winning day as investors look past U.S. credit downgrade: Live updates

The S&P 500 posted a slim gain on Monday as Treasury yields traded off their lowest levels. The benchmark added 0.09%, while the Dow Jones Industrial Average rose 137 points, or 0.32%. The Nasdaq Composite inched up 0.02%. Treasury yields spiked after …

Source: NBC 4 - New York - Neutral
Published on May 19, 2025

S&P 500, Nasdaq futures drop over 1.3% ahead of Wall St. open, Dow down 0.9%

(Bloomberg) -- US bonds, stocks and the dollar dropped after Moody’s Ratings stripped the government of its top credit rating, reinforcing concern about the status of American assets. Gold rose. S&P 500 contracts fell 1.3%, with investors cooling on …

Source: Mint - Neutral
Published on May 19, 2025

Market Wrap: IT stocks drag D-Street lower; Sensex sheds 271 pts, Nifty below 25,000

Indian benchmark indices Sensex and Nifty closed lower in a subdued session on Monday, dragged down by losses in information technology stocks after Moody’s downgraded the U.S. government’s credit rating. The BSE Sensex shed 271.17, or 0.33%, to close at …

Source: The Economic Times - Pending
Published on May 19, 2025

FTSE 100 Live: Shares slide as bond market flashes US warning,...

FTSE 100 down 53 points at 8,632 Diageo reports improved sales, with US tariff bump Moody’s downgrades US credit rating as Congress passes tax cuts US-focused companies lead fallers in London 11.50am: More EU deal details More details on the UK-EU talks …

Source: Proactive UK - Neutral
Published on May 19, 2025

Sensex today tumbles 270 points, Nifty slips below 25,000; IT stocks bleed

Stock market today: Indian stock market extended its range-bound movement to the second straight session on Monday, May 19, ending with a modest decline, as domestic technology stocks once again bore the brunt of selling pressure. Both benchmark indices …

Source: Mint - Neutral
Published on May 19, 2025

$3.7b GST windfall can’t save Vic budget

Economists warn that a $1 billion deterioration in Victoria’s forecast budget position in six months, even after a $3.7 billion GST windfall, shows that big spending handouts to families, farmers and seniors will fuel inflation and risk the state’s credit …

Source: Financial Review - Center-right
Published on May 19, 2025

Egypt: Beltone arranges $10mln securitized bond issuance for Jameel Finance

Arab Finance: Beltone Investment Banking, a subsidiary of Beltone Holding, concluded the first securitization issuance for Jameel Finance-Egypt under its fifth program, according to an emailed press release. Totaling EGP 500 million, the transaction …

Source: Zawya - Indeterminate
Published on May 19, 2025

Pound Sterling Trades Firmly Ahead Of EU-UK Trade Summit

Monday, May 19, 2025 4:30 AM EDT The Pound Sterling gains against its major peers on Monday ahead of a potential trade deal between the UK and the EU later in the day. Moody’s downgrade of the US Sovereign credit rating has battered the US Dollar. …

Source: myMotherLode - Pending
Published on May 19, 2025

FTSE 100 Live: Shares drop as US-exposed names stumble, Diageo and...

FTSE 100 down 45 points at 8,639 Diageo reports improved sales, with US tariff bump Moody’s downgrades US credit rating as Congress passes tax cuts US-focused companies lead fallers in London 9.57am: Stantander UK streamlining Spain Santander is …

Source: Proactive UK - Neutral
Published on May 19, 2025

SGS secures bank facilities with SNB, BSF up to SAR 850M

Saudi Ground Services Co. (SGS) signed two Shariah-compliant bank facilities agreements with Saudi National Bank (SNB) and Banque Saudi Fransi (BSF) up to SAR 550 million and SAR 300 million, respectively. The funds can be drawn when needed, SGS said in …

Source: Eye of Riyadh - Pro-Government
Published on May 19, 2025

Sell IndusInd Bank stock; 17% target slashed as lender in uncharted waters: ICICI Sec

ICICI Securities has cut its rating on IndusInd Bank Ltd to 'Sell' from 'Hold' earlier, slashing its target price on the banking stock to Rs 650 from Rs 720 earlier, a drop of 17 per cent. The domestic brokerage said IndusInd Bank is in …

Source: Business Today - Indeterminate
Published on May 19, 2025

Business : Affin Bank 1Q Net Profit Rises To RM124.09 Mln, Revenue Jumps To RM543.93 Mln

KUALA LUMPUR, May 19 (Bernama) -- Affin Bank Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025) rose to RM124.09 million and revenue jumped to RM543.93 million compared with the same quarter last year. During 1Q 2024, Affin Bank’s net …

Source: Bernama - Pro-Government
Published on May 17, 2025

Trump’s tax bill blocked by House Republicans as Moody’s strips US of AAA rating

Hard-right Republicans in Congress killed Trump’s long-promised tax overhaul on Friday, the same day Moody’s pulled the US government’s last AAA credit rating, slamming Washington for its runaway debt and refusal to cut spending. The rejection of the bill …

Source: Cryptopolitan - Indeterminate
Published on May 19, 2025

AfDB set for a new president, as Ould Tah gains continental endorsement

In mid-February this year, inside the ivory halls of the African Development Bank (AfDB) headquarters in Abidjan, Côte d’Ivoire, the Steering Committee of the Board of Governors convened for a critical task: vetting the candidates who will vie for the …

Source: Joy FM - Indeterminate
Published on May 19, 2025

Moody’s US downgrade rings alarm on Asia’s dollar assets

Moody’s reminds Asia of risks of being Washington’s banker TOKYO — If Pan Gongsheng gets tired of central banking, the People’s Bank of China governor may have a future in hedge fund management. In March, before the April chaos in US debt markets and last …

Source: Asia Times - Neutral

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Published on May 21, 2025 - 09:14 GMT

EBC Financial Group Breaks Down Moody’s U.S. Downgrade: Impacts on Bond Markets, Traders, and Global Flows

With the U.S.'s final AAA rating removed, EBC analyses market reactions and highlights the long-term structural concerns now resurfacing DC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Moody’s recent decision to downgrade the United …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 20, 2025 - 21:21 GMT

Teva Announces Successful Upsizing and Pricing of $2,300,000,000 (Equivalent) Senior Notes; Proceeds to Repay Existing ...

TEL AVIV, Israel, May 20, 2025 (GLOBE NEWSWIRE) -- Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) (“Teva”) announced today that it successfully upsized its offering and priced approximately $2,300,000,000 (equivalent) of its senior notes (the “ …

Distribution channels: Banking, Finance & Investment Industry, Healthcare & Pharmaceuticals Industry ...

Published on May 20, 2025 - 20:30 GMT

Fitch Ratings Agency Upgrades Teva Rating to BB+ Recognizing Successful Execution of Its Pivot to Growth Strategy

TEL AVIV, Israel, May 20, 2025 (GLOBE NEWSWIRE) -- Teva Pharmaceuticals (NYSE and TASE: TEVA) today announced that Fitch Ratings Agency (“Fitch”) has raised the Company's corporate credit rating to BB+, with a stable outlook; from BB. Fitch's …

Distribution channels: Healthcare & Pharmaceuticals Industry ...
Published on May 20, 2025 - 13:15 GMT

Hovnanian Enterprises Reports Fiscal 2025 Second Quarter Results

Second Highest TTM ROE Amongst Midsized Homebuilders Redeemed Early the Remaining $27 Million of the 13.5% Senior Notes Due 2026 and Repurchased 2% of Our Common Stock 15% Year-Over-Year Increase in Consolidated Community Count and Consolidated Lots …

Distribution channels: Building & Construction Industry, Business & Economy ...

Published on May 20, 2025 - 13:00 GMT

Ensemble and Solventum Partner to Advance Autonomous Inpatient Coding with AI

CINCINNATI, Ohio and ST. PAUL, Minn., May 20, 2025 (GLOBE NEWSWIRE) -- Ensemble, an industry leading revenue cycle management company, announced a strategic partnership today with Solventum, a market leader and innovator in AI-driven revenue cycle …

Distribution channels: Business & Economy, Companies ...
Published on May 20, 2025 - 06:00 GMT

Progress on share buyback programme

Progress on share buyback programme ING announced today that, as part of our €2.0 billion share buyback programme announced on 2 May 2025, in total 6,040,889 shares were repurchased during the week of 12 May 2025 up to and including 16 May 2025. The shares …

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...
Published on May 17, 2025 - 08:50 GMT

Tribal Loans Direct Lender Guaranteed Approval: Easiest Tribal Loans to Get – No Credit Check, Bad Credit, Native ...

New York City, May 17, 2025 (GLOBE NEWSWIRE) -- Tribal loans are gaining popularity among people with poor credit or restricted access to mainstream financial services. This article discusses the easiest tribal loans to get with no credit check, no …

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...
Published on May 15, 2025 - 11:00 GMT

Marex Group plc announces strong results for first quarter of 2025

NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- Marex Group plc (‘Marex’ or the 'Group’; Nasdaq: MRX) a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

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Published on May 21, 2025 - 12:26 GMT

GPRS Adds High-Speed 3D GPR to Capture Subsurface Data at Highway Speeds

3D GPR Array Additions Expected to Streamline Rights-of-Way and Roadway Work MAUMEE, OH, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- GPRS has expanded its subsurface data capture capabilities with the addition of high-speed 3D GPR arrays …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 21, 2025 - 12:25 GMT

Knutson + Casey Welcomes Accomplished Attorney Dan McIntosh to the Firm

Former Steele County Attorney ROCHESTER, MN, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Knutson + Casey is proud to announce the addition of Dan McIntosh to its legal team. A seasoned trial attorney with more than two decades of …

Distribution channels: Business & Economy, Companies ...
Published on May 21, 2025 - 12:20 GMT

Cloud360 Co. Launches to Offer End-to-End Cloud Services for a Digitally Transformed World

Cloud360 Co. launches in Bengaluru, offering integrated cloud training, consulting, and hosting solutions to support digital transformation across sectors. BENGALURU, KARNATAKA, INDIA, May 21, 2025 /⁨EINPresswire.com⁩/ -- Cloud360 Co., a Bengaluru …

Distribution channels: Business & Economy, Companies ...
Published on May 21, 2025 - 12:13 GMT

90210 Enterprise launches Echoes of Wisdom on Mindatorium - an Inaugural Series of New Multimedia Collection

90210 Enterprise launches Echoes of Wisdom on Mindatorium—a global multimedia series celebrating legacy, leadership, and transformative stories. BEVERLY HILLS, CA, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- 90210 Enterprise, the unique …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on May 21, 2025 - 12:11 GMT

Will’s Asphalt Paving Services Expands Full-Service Offerings in Newark, DE, Amid Rising Infrastructure Demand

Will’s Asphalt Paving Services Expands Full-Service Offerings in Newark, DE, Amid Rising Infrastructure Demand NEWARK, DE, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Will’s Asphalt Paving Services, a trusted name in residential and …

Distribution channels: Agriculture, Farming & Forestry Industry, Building & Construction Industry ...
Published on May 21, 2025 - 12:05 GMT

Where Vision Reshapes Legacy: GDI Unveils Noida Golf Course Masterplan

GDI reveals transformative redesign of Noida Golf Course, combining strategic play and sustainability for elevated player experience. NEW DELHI, DELHI, INDIA, May 21, 2025 /⁨EINPresswire.com⁩/ -- In a bold move to elevate one of North India’s most …

Distribution channels: Amusement, Gaming & Casino, Building & Construction Industry ...
Published on May 21, 2025 - 12:04 GMT

Creatio Enhances Marketplace and Academy Features to Elevate the Experience of Creators and Learners Alike

New interfaces, enhanced usability, and smarter tools empower users to build, learn, and improve faster than ever before BOSTON, MA, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Creatio, a global vendor of an AI-native platform to automate …

Distribution channels: Business & Economy, IT Industry ...
Published on May 21, 2025 - 12:04 GMT

Truist Bank Partners with Black Wall Street AVL to host the WNC Housing Summit

Community housing solutions take center stage at GRINDfest 2025 with Truist, local partners, and free funnel cakes for early attendees. ASHEVILLE, NC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- As part of this year’s GRINDfest theme, “AVL Strong: …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on May 21, 2025 - 12:03 GMT

Presidential Appointee Keynote ‘Taste of Black Asheville Brunch’ at GRINDfest 2025

Presidential appointee Dr. Alaysia Hackett headlines GRINDfest brunch celebrating women in leadership with soul music, local chefs, and culture. ASHEVILLE , NC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- GRINDfest 2025 is honored to …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on May 21, 2025 - 12:02 GMT

Local Play Heals Community

GRINDfest 2025 presents “Come Home!”—a gospel play of redemption, music, and healing, honoring local talent and the late playwright Kevin L. Maxwell. ASHEVILLE, NC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Black Wall Street AVL proudly presents …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on May 21, 2025 - 12:00 GMT

Cook County Property Value Climb Outside of Reassessment Years: An Analysis by Township

O'Connor discusses how the Cook County property value is climbing outside of reassessment years but discussing an analysis by township. CHICAGO, IL, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Since 2000, the words “Property …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 21, 2025 - 12:00 GMT

WARF Launches Essay Series Highlighting University Innovation

MADISON, WI, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- The Wisconsin Alumni Research Foundation is proud to introduce "How Wisconsin Ingenuity Benefits the World," a new essay series commemorating its 100th anniversary. This …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on May 21, 2025 - 12:00 GMT

Greater Rochester Association of REALTORS® Launches SavvyCard® for Real Estate

Innovative Ardi Integration Sets New Standard for REALTOR® Tools ROCHESTER, NY, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- The Greater Rochester Association of REALTORS® (GRAR) has announced the launch of SavvyCard® for Real Estate, a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 11:45 GMT

Lucky Hills Coffee Showcases Farm-to-Cup Specialty Coffee at Independent Hotel Show 2025

Miami-based specialty coffee company returns to premier hospitality industry event for third consecutive year. MIAMI LAKES, FL, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Lucky Hills Coffee, a leading brand of specialty coffees to the US food …

Distribution channels: Business & Economy, Food & Beverage Industry ...
Published on May 21, 2025 - 11:30 GMT

Sela Cloud and Suger.io Partner to Accelerate ISV Marketplace Growth Across AWS, Azure, and Google Cloud

SELA CLOUD EXPANDS MULTICLOUD SUPPORT FOR ISVS WITH MARKETPLACE AUTOMATION FROM SUGER.IO PHILADELPHIA, PA, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Sela Cloud, a Premier Tier Partner for AWS, Google Cloud, Azure and leading provider of …

Distribution channels: Business & Economy, IT Industry ...
Published on May 21, 2025 - 11:09 GMT

Algbra Activates Principal Issuer Licence with Mastercard

LONDON, UNITED KINGDOM, May 21, 2025 /⁨EINPresswire.com⁩/ -- Algbra Group Limited, a UK financial technology company regulated by the Financial Conduct Authority (FCA), has activated its principal member status with Mastercard that now enables the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 11:00 GMT

Pennsylvania Electric Rates to Jump in June

PJM Auction Costs May Push Your AC Bills Over $200 PHILADELPHIA, TX, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- PAElectricityRatings.com wants to warn Pennsylvania electricity customers that they could see their summer cooling bills jump …

Distribution channels: Business & Economy, Energy Industry ...
Published on May 21, 2025 - 11:00 GMT

EC-Council Certifications Reaccredited by UK National Cyber Security Centre, Reaffirming Alignment with Govt. Standards

LONDON, UNITED KINGDOM, May 21, 2025 /⁨EINPresswire.com⁩/ -- In a world where cyber threats evolve by the hour, trust in the people defending our digital borders has never been more vital. EC-Council, the global leader in cybersecurity education …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 11:00 GMT

Sugarcane Packaging Market to Reach USD 586.9 million by 2035, Driven by Surge in Sustainable Solutions | FMI

Bans on single-use plastics boost USA demand for sugarcane-based compostable packaging as food chains and retailers shift to eco-friendly solutions. NEWARK, DE, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- The global sugarcane packaging …

Distribution channels: Business & Economy ...
Published on May 21, 2025 - 10:43 GMT

AngelSchool.vc Crosses 1,400 LPs — Proving Power of Network-Driven Education

AngelSchool.vc hits 1,400+ LPs with zero marketing, fueled by community and top-tier angel investing programs. Learn more at www.angelschool.vc. SINGAPORE, SINGAPORE, May 21, 2025 /⁨EINPresswire.com⁩/ -- AngelSchool.vc, a global angel investor …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...