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Dogecoin in spotlight as cryptocurrency backer Musk makes 'SNL' appearance

By Alden Bentley and Gertrude Chavez-Dreyfuss NEW YORK, May 7 (Reuters) - With the price of dogecoin surging, investors are looking ahead to Elon Musk's guest-host spot on this weekend's "Saturday Night Live" comedy sketch TV show after the billionaire's tweets this year turned the once-obscure digital currency into a speculator's dream. The Tesla
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President Biden briefed on Colonial Pipeline shutdown - White House

WASHINGTON, May 8 (Reuters) - President Joe Biden was briefed early on Saturday on the Colonial Pipeline shutdown that resulted from a ransom attack, the White House said. A White House spokesperson said the government is working to help Colonial restore operations and to avoid disruption to fuel supplies. Reporting by Trevor Hunnicutt in Washingto

Chile-Bolivia train route being re-established after 16 years

LA PAZ, May 8 (Reuters) - Rail line operators are re-establishing a train system to carry Bolivian exports to Chile's Pacific ports for the first time in 16 years, holding out hope of an increase in regional trade. The freight train route has been defunct since the rail line was scuttled by floods in 2003. But this weekend transportation officials

Scotland's pro-independence parties win a majority in parliament elections

LONDON, May 8 (Reuters) - Scotland's pro-independence parties have won a majority of seats in the Scottish parliament elections giving them a platform to push for a second referendum on leaving the United Kingdom. Results on Saturday showed Scottish National Party and the Scottish Greens had won 65 of the 87 seats so far declared for the 129-seat p

SNP leader Sturgeon vows independence vote after election success

GLASGOW, Scotland, May 8 (Reuters) - Scottish National Party leader Nicola Sturgeon said she would push ahead with plans for a new independence referendum after results showed her party would win an election to Scotland's parliament, albeit without a majority. The results of the election mean the SNP together with the Scottish Greens will hold a si

Scottish National Party fails to win key battlegound seat, hitting hopes of majority

GLASGOW, May 8 (Reuters) - The Scottish National Party failed to win the key battleground seat of Aberdeenshire West on Saturday, a result that commentators say makes their chances of winning an outright majority in the Scottish parliament very unlikely. The SNP is still on course to remain in power, but opponents say a failure to win a majority me

Kyrgyzstan court fines Centerra Gold mining venture $3.1 billion

BISHKEK, May 8 (Reuters) - A court in Kyrgyzstan on Saturday imposed a $3.1 billion fine on Kumtor Gold Company, which operates the nation's biggest gold mine, after ruling that the Canadian-owned firm had violated environmental laws. The district court decision came just a day after Kyrgyzstan's parliament passed a law allowing the state to tempor

Scottish nationalists vow independence vote after election win

* Scottish National Party wins fourth term in office * SNP say will push for second independence referendum * UK PM Johnson rules out another secession vote * Scots voted to stay in UK by 55%-45% in 2014 (Updates with new comment, detail throughout) By Russell Cheyne GLASGOW, Scotland, May 8 (Reuters) - Pro-independence parties won a majority in Sc

Thailand set to boost 19 vaccinations, expects to approve Moderna shots

* Moderna vaccine to be approved soon - official * Thailand should have at least 150 mln doses of vaccines - PM (Recasts with details, PM comment) By Orathai Sriring and Panarat Thepgumpanat BANGKOK, May 8 (Reuters) - Thailand expects to offer the Moderna MRNA.O vaccine to most of its population soon as it steps up the rollout of its COVID-19 vacci
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Scotland's crucial election on knife edge as pro-independence party heads for win

* Scottish National Party on course for 4th term in office * SNP plans independence referendum if it wins majority * UK PM Johnson rules out another secession vote * Scots voted to stay in UK by 55%-45% in 2014 By Russell Cheyne GLASGOW, Scotland, May 8 (Reuters) - The Scottish National Party (SNP), which has vowed to hold an independence referendu

Dogecoin in spotlight as cryptocurrency backer Musk makes 'SNL' appearance

By Alden Bentley and Gertrude Chavez-Dreyfuss NEW YORK, May 7 (Reuters) - With the price of dogecoin surging, investors are looking ahead to Elon Musk's guest-host spot on this weekend's "Saturday Night Live" comedy sketch TV show after the billionaire's tweets this year turned the once-obscure digital currency into a speculator's dream. The Tesla
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Brazil's real surges almost 4% this week, biggest rise since December

By Jamie McGeever BRASILIA, May 7 (Reuters) - Brazil's real rose 1% on Friday and hit a four-month high, rounding off its strongest week of the year after surprisingly solid retail sales figures for March cooled fears that a deadly second wave of the COVID-19 pandemic might be pushing the economy into reverse. Following on from the central bank's s

S&P 500, Dow end at record highs as weak jobs data eases rate worries

* Dow posts best weekly gain since March; S&P since mid-April * All major sectors end higher * U.S. job growth far below expectations in April * Dow up 0.66%, S&P 500 up 0.74%, Nasdaq up 0.88% (Updates close with volume, prices) By Krystal Hu and Caroline Valetkevitch NEW YORK, May 7 (Reuters) - The Dow and S&P 500 hit record closing highs on Frida
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Yields rebound after hitting two-month lows in wake of weak jobs report

(Recasts, updates yields) By Karen Pierog CHICAGO, May 7 (Reuters) - U.S. Treasury yields rebounded after hitting two-month lows on Friday following data that showed a much smaller-than-expected jobs gain in April, with yields on longer-dated debt rising for the session as investors remained confident the economy was on the road to a strong recover

World stocks, commodities boom on U.S. weak jobs data

* MSCI AWCI, Dow, S&P500 indexes hit fresh highs * Canadian, European indexes also set records * Copper at all-time high on recovery prospects * Emergency market currencies shine * Graphic: Global asset performance Link * Graphic: World FX rates Link By Herbert Lash and Ritvik Carvalho NEW YORK/LONDON, May 7 (Reuters) - Commodity prices jumped, the
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Brazil's real up almost 4% this week, biggest weekly rise since December

BRASILIA, May 7 (Reuters) - Brazil's real hit a four-month high on Friday, rounding off its strongest week of the year after surprisingly solid retail sales figures for March cooled fears that a deadly second wave of the COVID-19 pandemic might be pushing the economy into reverse. Also benefiting from the tailwinds from this week's interest rate hi

S&P 500, Dow end at record highs as weak jobs data eases rate worries

* All indexes rise; tech rebounds * Square shares gain after results * U.S. job growth far below expectations in April (Updates to close) By Krystal Hu NEW YORK, May 7 (Reuters) - The S&P 500 and the Dow hit record highs on Friday, while megacap growth stocks drove a recovery on Nasdaq after U.S. jobs data eased concerns over prospects for rising r
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Corn, soybean futures hit multi-year highs on supply fears

* Corn reaches highest since March 2013 * Traders await USDA crop report on May 12 * Dryness in Brazil fuels supply fears * Soybeans hit highest since October 2012 By Tom Polansek CHICAGO, May 7 (Reuters) - Concerns that global crop supplies will remain lean pushed Chicago Board of Trade corn futures to their highest price since March 2013 on Frida
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U.S. dollar net short bets climb to highest since mid-March -CFTC, Reuters

NEW YORK, May 7 (Reuters) - U.S. dollar net short positioning climbed this week to the highest level since mid-March, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net short dollar position rose to $11.95 billion in the week ended May 4, from net shorts of $10.27 billion the
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Latam assets rise; EMFX rallies to record high on weak dollar

* Brazil's retail sales drop far less than expected in March * Latam FX set for best week this year * U.S. jobs growth slows in April; dollar falls By Ambar Warrick and Shashank Nayar May 7 (Reuters) - Latin American stocks and currencies gained on Friday and were set for large weekly gains as weak U.S. payrolls data pushed the dollar to a more tha
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Canadian dollar rises for 6th straight week despite jobs decline

* Canadian dollar touches a 3-1/2-year high at 1.2125 * For the week, the loonie gains 1.2% * Canada sheds 207,100 jobs in April * Canadian 5-year yield hits a two-month low at 0.841% By Fergal Smith TORONTO, May 7 (Reuters) - The Canadian dollar was little changed against the greenback on Friday as jobs data for both Canada and the United States f
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