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Saudi Arabia’s Humain Picks Goldman Sachs to Advise on Data Centre Financing, Sources Say

DUBAI, May 19 Saudi Arabia-backed artificial intelligence company Humain has picked Goldman Sachs to advise on a financing package to build data centres in the kingdom that could be worth at least 20 billion riyals, two sources with knowledge of the matter told Reuters, as the...

  • mohammad501ps@gmail.com
  • May 19, 2026
  • stocks

Target Names Former Walmart Executive as Chief Supply Chain Officer

Target Corp. on Tuesday announced it has hired Jeff England, who worked 18 years at Walmart, to be its chief global supply chain and logistics officer, effective May 31. The nation’s eighth largest retailer said continuing to build its supply chain capabilities is instrume

  • mohammad501ps@gmail.com
  • May 19, 2026
  • central_banks

The Fed’s Inflation Tracker Just Flashed a Warning: April and Quarterly Forecasts Show Prices are Set to Rise

The Fed’s inflation tracker just flashed a warning: April and quarterly forecasts show prices are set to rise more Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. The Federal Reserve’s preferred inflation tracker just flas

  • mohammad501ps@gmail.com
  • May 19, 2026
  • forex

New Zealand Dollar Weakens as USD Holds Firm on Iran Deal Hopes, Fed Outlook

NZD/USD trades around 0.5835 on Tuesday at the time of writing, down 0.65% on the day as the New Zealand Dollar (NZD) faces renewed selling pressure against the US Dollar (USD). Despite encouraging signs surrounding discussions between Washington and Tehran, the Kiwi is fa

  • mohammad501ps@gmail.com
  • May 19, 2026
  • stocks

Ceragon Networks Posts Q1 Revenue Above Estimates

Ceragon revenue beats estimates at $85 million Ceragon Networks reported first-quarter revenue of $85 million, down 4.2% from a year earlier but ahead of analysts' expectations. The company reaffirmed its full-year 2026 outlook. Ceragon shares rose about 9% on th

  • mohammad501ps@gmail.com
  • May 19, 2026
  • politics

Sherritt Halts Plan to Dissolve Cuba Nickel Mining Venture Amid US Sanctions

May 19 Canadian miner Sherritt International said on Tuesday it would not proceed with plans to dissolve its Cuban interests, including a joint venture with a state-owned nickel company, reversing a decision announced earlier this month after the U.S. imposed sanctions on the...<

  • mohammad501ps@gmail.com
  • May 19, 2026
  • stocks

Underweight in Vertiv Holdings Co (VRT) Hurt Fidelity Growth Strategies Fund’s Performance in Q1

In its first-quarter 2026 investor letter, Fidelity Growth Strategies Fund highlighted Vertiv Holdings Co (NYSE:VRT). Vertiv Holdings Co (NYSE:VRT) is a critical infrastructure solutions provider for data centers, communication networks, and commercial and industrial envir

  • mohammad501ps@gmail.com
  • May 19, 2026
  • politics

US Treasury Secretary Bessent: Us–china Trade Truce Can be Extended, but Washington Not Rushing November Deadline U.S.

US Treasury Secretary Bessent: US–China Trade Truce Can Be Extended, but Washington Not Rushing November Deadline U.S. and China will initially identify $30 billion of non-critical goods that could face reduced or no tariffs under a Board of Trade protocol U.S.–China... ns

  • mohammad501ps@gmail.com
  • May 19, 2026
  • crypto

Canaan Reports $88.7M Q1 Net Loss as Bitcoin Prices Slide

Bitcoin miner Canaan attributes wider losses to lower BTC prices and a $25 million inventory write-down despite increased hashrate capacity. Bitcoin mining firm Canaan posted an $88.7 million net loss in the first quarter, driven by declining Bitcoin prices and a $25 milli

  • mohammad501ps@gmail.com
  • May 19, 2026
  • stocks

PVH Revamps Leadership as Americas CEO Donald Kohler Steps Down

It’s the C-suite shuffle at PVH Corp. Adelyn Cheong, who’s been president of PVH China since 2021, on Tuesday was named chief executive officer of PVH Americas, overseeing both the Calvin Klein and Tommy Hilfiger businesses in their home markets More from WWD Cheong

  • mohammad501ps@gmail.com
  • May 19, 2026
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