Why Tellurian Rose on a Down Day for the Markets

Reuters
UBS added capital needs of $15-25 billion are realistic, Swiss minister says
Estimates that Swiss bank UBS will require another $15 billion to $25 billion in capital under government proposals aimed at making the banking sector more robust are about right, Switzerland's finance minister was quoted as saying on Tuesday. "That's right, those orders of magnitude are plausible," Swiss Finance Minister Karin Keller-Sutter told the Tages-Anzeiger newspaper. Keller-Sutter was speaking after the Swiss government last week set out proposals to tighten regulation for banks deemed "too big to fail", particularly UBS, which said the lender would face more stringent capital requirements in future.
2 minutes ago
Associated Press
Connor McDavid becomes 4th in NHL history with 100 assists as the Oilers rout the Sharks 9-2
Warren Foegele scored twice and Adam Henrique and Dylan Holloway each had a goal and two assists as the Edmonton Oilers beat the San Jose Sharks 9-2 Monday night. Connor McDavid had a goal and added his 100th assist of the season, becoming just the fourth player in NHL history to hit the milestone behind Wayne Gretzky (11 times), Mario Lemieux and Bobby Orr.
3 minutes ago
Business Insider
The full list of major US companies slashing staff this year, from Tesla to Google and Apple
Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Amazon, IBM, Google, UPS and Tesla are among those shedding staff.
3 minutes ago
The Canadian Press
Jorge Polanco and Mitch Haniger homer, power Mariners to a 9-3 win over the Reds
SEATTLE (AP) — Jorge Polanco and Mitch Haniger homered, and Seattle’s slumping offense produced a season high in runs as the Mariners beat the Cincinnati Reds 9-3 Monday night. The Mariners had their highest scoring game since August 26, 2023, when they scored 13 times against the Kansas City Royals. Seattle entered Monday’s game batting .204. George Kirby (2-2) returned to form for Seattle, allowing two runs on five hits with six strikeouts and no walks in six innings. The 26-year-old right-han
4 minutes ago
Hypebeast
USA Basketball to Finalize 2024 Paris Olympics Roster With Major Powerhouses
With the 2024 Paris Olympics happening in the next few of months, Team USA is finalizing its...
4 minutes ago
Reuters
Microsoft to invest $1.5 billion in Emirati AI firm G42, New York Times reports
G42 had divested its investments in China and began the lengthy task of pulling out Chinese hardware amid U.S. concerns over its relationship with Chinese businesses. Under the partnership, G42 will use Microsoft's cloud services and accede to a security arrangement negotiated in detailed conversations with the U.S. government, the newspaper said. G42 will also be able to sell Microsoft services that use powerful AI chips, the report added.
4 minutes ago
Investor's Business Daily
Dow Jones Futures: Another Ugly Market Reversal; Nvidia Skids, Tesla Tumbles On 'Dark Day'
Mideast fears and surging yields triggered another ugly market reversal. Nvidia and Microsoft fell while Tesla dived.
5 minutes ago
The Canadian Press
Capitals shut out Bruins
John Carlson scored another big goal, Charlie Lindgren stopped all 16 shots he faced and the Washington Capitals moved another step closer to the playoffs by beating the Boston Bruins 2-0 on Monday night. Nic Dowd sealed it with an empty-netter with 11.7 seconds left, and now a win at Philadelphia on Tuesday night would put Washington back in the playoffs, regardless of other results around the NHL. The Capitals, if they make it, would be the second wild card in the Eastern Conference after the
5 minutes ago
Reuters
UPDATE 1-Microsoft to invest $1.5 bln in Emirati AI firm G42, New York Times reports
Microsoft plans to invest $1.5 billion in G42, an artificial intelligence firm in the United Arab Emirates, the New York Times reported on Tuesday. G42 had divested its investments in China and began the lengthy task of pulling out Chinese hardware amid U.S. concerns over its relationship with Chinese businesses. Under the partnership, G42 will use Microsoft's cloud services and accede to a security arrangement negotiated in detailed conversations with the U.S. government, the newspaper said.
7 minutes ago
Reuters
China's yuan bounces from 5-month low on state bank support, upbeat Q1 data
The volatile ride of the yuan in morning deals comes as the central bank set the guidance on the weaker side of the key 7.1 per dollar for the first time in over three weeks, with market participants interpreting it as a sign of loosening grip on the currency. Markets have been closely monitoring the daily yuan fixing in recent months for possible changes in foreign exchange policy and official stance. Prior to market opening, the PBOC set the midpoint rate , around which the yuan is allowed to trade in a 2% band, at a five-month low of 7.1028 per dollar, weaker than the previous fix of 7.0979.
8 minutes ago
Reuters
Morning Bid: Market mood stays sombre
UK labour and wage data will likely hog the spotlight as traders parse through the reports to gauge when the Bank of England will start its rate cutting cycle. The Federal Reserve on the other hand is likely to be in no rush to start its easing cycle after March retail sales came in higher than expected, the latest evidence of a resilient U.S. economy. Comments from Fed officials have also led traders to dial back their expectations with San Francisco Federal Reserve Bank President Mary Daly the latest to suggest the Fed is in no hurry to cut rates.
9 minutes ago
BBC
Pakistan: Lightning and unusually heavy rain kill dozens
Authorities have also warned of landslides and flash floods in the coming days.
11 minutes ago
The Guardian
Country diary: As close to immortality as British nature can get
Fortingall, Perthshire: Standing in front of this truly great yew tree – some say the oldest in the country – one wonders how to capture its totality
11 minutes ago
The Canadian Press
Cubs rookie Michael Busch homers in 5th consecutive game to equal club record
PHOENIX (AP) — Chicago Cubs rookie Michael Busch homered for the fifth straight game Monday night, matching a franchise record. Busch led off the second inning with his sixth home run of the season, a 419-foot drive to center field against Arizona Diamondbacks starter Merrill Kelly. Four other Cubs players have gone deep in five consecutive games — including current third baseman Christopher Morel, who did it last year. The 26-year-old Busch was acquired from the Los Angeles Dodgers in a January
11 minutes ago
Reuters
MORNING BID EUROPE-Market mood stays sombre
UK labour and wage data will likely hog the spotlight as traders parse through the reports to gauge when the Bank of England will start its rate cutting cycle. The Federal Reserve on the other hand is likely to be in no rush to start its easing cycle after March retail sales came in higher than expected, the latest evidence of a resilient U.S. economy. Comments from Fed officials have also led traders to dial back their expectations with San Francisco Federal Reserve Bank President Mary Daly the latest to suggest the Fed is in no hurry to cut rates.
12 minutes ago
USA TODAY Sports
Caitlin Clark WNBA salary, contract terms: How much will she earn as No. 1 pick?
How much will Caitlin Clark make in her rookie season? Contract terms for the WNBA's top four draft picks are the same, per the league's CBA.
14 minutes ago
Reuters
Taiwan appoints senior executive at TSMC supplier as new economy minister
Taiwan's incoming premier announced on Tuesday he had appointed a senior executive from TSMC supplier Topco Scientific as economy minister, saying he would be tasked with resolving the persistent problem of stable power supplies. Taiwan Semiconductor Manufacturing Co is the world's largest contract chipmaker and the chip industry is the backbone of Taiwan's export-dependent economy. Cho Jung-tai, who will not take over as premier until president-elect Lai Ching-te is inaugurated on May 20, told reporters the chairman of semiconductor material supplier Topco Group, J.W. Kuo, would be the economy minister, replacing Wang Mei-hua, a lawyer by training.
15 minutes ago
Simply Wall St.
Some Investors May Be Worried About Mineralbrunnen Überkingen-Teinach GmbH KGaA's (FRA:MUT) Returns On Capital
If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
15 minutes ago
The Canadian Press
House to send Mayorkas impeachment articles to the Senate, forcing a trial
WASHINGTON (AP) — House Speaker Mike Johnson says he is sending impeachment charges against Alejandro Mayorkas to the Senate on Tuesday, forcing senators to convene a trial on the allegations that the Homeland Security secretary has “willfully and systematically” refused to enforce existing immigration laws. But the proceedings may not last long. While the Senate is obligated to convene a trial under the rules of impeachment once the charges are walked across the Capitol, Democrats are expected
17 minutes ago
United Press International
Gaza war protesters block bridges, airport expressways in U.S. cities
Gaza war protesters shut down San Francisco's Golden Gate Bridge on Monday, stopped traffic on New York's Brooklyn Bridge and shut-down entrances to U.S. airports, including Seattle and Chicago's O-Hare.
17 minutes ago

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