By Marc Jones LONDON (Reuters) – Companies around the world are on track to pay investors a record $1.64 trillion in dividends this year following a more than 6% jump in the second quarter, a re[...]
Read moreAugust 29, 2023
Nasdaq names former UBS executive Youngwood as new CFO
By David French and Anirban Sen NEW YORK (Reuters) -Exchange operator Nasdaq Inc on Tuesday named former UBS Group AG executive Sarah Youngwood as its next chief financial officer, replacing current f[...]
Read moreS&P 500 ends sharply higher, jobs data fuels interest rate optimism
By Shristi Achar A and Noel Randewich (Reuters) – Wall Street ended sharply higher on Tuesday, lifted by Tesla, Nvidia and other megacap growth stocks after a drop in monthly job openings cement[...]
Read moreHPE forecasts fourth-quarter revenue below estimates, shares fall
(Reuters) – Hewlett Packard Enterprise forecast fourth-quarter revenue below Wall Street estimates on Tuesday, at a time when demand for the company’s servers is taking a hit from soft ent[...]
Read moreMarketmind: Markets crackle after JOLT from the blue
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A substantial softening of the near-term U.S. interest rate outlook follo[...]
Read moreOil rises 1% on softer dollar, US braces for hurricane hit
By Shariq Khan BENGALURU (Reuters) -Oil prices rallied more than a dollar a barrel on Tuesday as the greenback slid, while investors debated the potential impact to energy supply and demand from Hurri[...]
Read moreBurger King must face lawsuit claiming its Whoppers are too small
By Jonathan Stempel (Reuters) -A U.S. judge has rejected Burger King’s bid to dismiss a lawsuit claiming that it cheated hungry customers by making its Whopper sandwich appear larger than it act[...]
Read moreU.S. Steel starts due diligence after entering agreements with ‘numerous third parties’
(Reuters) -U.S. Steel has entered into confidentiality agreements with “numerous third parties” and started to review multiple unsolicited proposals ranging from partial acquisition to an[...]
Read moreFactbox-From raids to exit bans, US companies face growing hurdles in China
WASHINGTON (Reuters) – Commerce Secretary Gina Raimondo said on Tuesday that U.S. companies have complained to her that China has become “uninvestible,” pointing to fines, raids and[...]
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