Thursday, December 26, 2024

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IHG Adds $750 Million To Buyback, Raises Dividend As Travel Rebounds in 2022

InterContinental Hotels Group (LON:IHG) said it will buy back another $750 million of stock after the post-pandemic recovery in travel allowed it to post...

HSBC Logs Sharp Jump In Q4 Profit, Flags Special Dividend

HSBC Holdings PLC (LON:HSBA) logged a sharp jump in its fourth-quarter profit on Tuesday as rising interest rates greatly boosted its net interest income,...

Raiffeisen Slumps After Confirming OFAC Request For Information On Russia Business

Shares in Raiffeisen Bank International (VIE:RBIV) slumped in early trade in Vienna on Monday, hurt by a report that it may be in trouble...

Maersk Nears Complete Russia Exit After Selling Logistics Sites

Shipping and logistics group A.P. Moller-Maersk has agreed to sell its two logistics sites in Russia to IG Finance Development Limited, it said on...

Asian Stocks Muted Amid Fed Fears, China Buoyed By Stimulus Hopes

Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a slew of Federal Reserve...

Palantir Posts First Quarterly Profit Following New Contract Wins

Palantir (NYSE:PLTR) reported its first-ever quarterly profit, as well as a top- and bottom-line beat in the final three months of 2022, as a...

Toshiba Cuts Full-Year Profit Estimate, COO Resigns

Japan's Toshiba (OTC:TOSYY) Corp on Tuesday reported an 87.5% drop in third-quarter operating profit and cut its full-year earnings estimate for a second time....

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