Bank dividends catapult Q2 global payouts to record highs
Banks continued to propel global dividends to record highs in the second quarter of 2024 as higher interest rates boosted…
FCC chair wants more competition to SpaceX’s Starlink unit
By David Shepardson WASHINGTON (Reuters) -Federal Communications Commission chair Jessica Rosenworcel said Wednesday she wants to see more competition to…
UK summons Iranian charge d’affaires over transfer of ballistic missiles to Russia
LONDON (Reuters) – Britain’s foreign ministry on Wednesday summoned the Iranian charge d’affaires over the transfer of ballistic missiles to…
Brazil economy to grow at least 3% this year, finance minister says
BRASILIA (Reuters) – Brazil Finance Minister Fernando Haddad said on Wednesday that the government is expected to raise its annual…
EU likely exaggerating climate-friendly spending, auditors say
By Kate Abnett BRUSSELS (Reuters) – The EU is exaggerating spending on climate-friendly projects, potentially by billions of euros, the…
India leads in crypto adoption for second straight year, report shows
(Reuters) – India led the way in global adoption of cryptocurrencies for the second straight year as investors braved the…
FTSE 100 drops on Rentokil warning; U.S. inflation data weighs
By Purvi Agarwal and Khushi Singh (Reuters) -The UK’s benchmark FTSE 100 stock index ended lower on Wednesday, led by…
Bank of Canada says trade disruptions could hinder inflation fight
By Promit Mukherjee and David Ljunggren OTTAWA, Sept 10 (Reuters) – Global trade disruptions could make it harder for the…
UK fund firms Schroders, Abrdn name new CEOs to reboot ailing fortunes
By Sinead Cruise LONDON (Reuters) -British fund managers Schroders (LON:SDR) and Abrdn named new chief executives on Tuesday, handing two…
Citi CFO expects investment banking fees to rise 20% in third quarter
By Tatiana Bautzer and Manya Saini NEW YORK (Reuters) -Citigroup’s investment banking fees are expected to jump 20% in the…