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...But the company suffered a revolt as almost 36 per cent of shareholders voted against the plans to boost his maximum payout for 2024 to £18.7mn....
...Wall Street’s S&P 500 fell 0.2 per cent, having shed 1.2 per cent and 1.5 per cent on Monday and Friday, respectively. The tech-dominated Nasdaq Composite lost 0.1 per cent....
...Accenture now expects full-year revenue growth in a range of 1 to 3 per cent, compared with previous estimates of 2 to 5 per cent....
...The Fed’s own “dot plot” forecasts show rate-setters, as of March, expected to make three cuts this year from the benchmark rate’s current 23-year high of 5.25 per cent to 5.5 per cent....
...cent after it announced the sale of its equipment financing arm to BPCE for €1.1bn....
...Inchcape shares traded on the London Stock Exchange rose 5 per cent per cent on Monday....
...Japan’s exporter-heavy Nikkei 225 index led losses as it dropped 1.3 per cent. The yen fell 0.18 per cent against the dollar to ¥153.55, its weakest level since 1990....
...July 18 to August 18; further information and tickets here August Festivals and events Zürcher Theater Spektakel One of Europe’s most important celebrations of theatre, dance and music, Zürcher Theater...
...The Congressional Budget Office said the US’s federal debt pile amounted to $26.2tn, or 97 per cent of gross domestic product, at the end of last year....
...The proportion of live births in low-income countries is projected to all but double from 18 per cent in 2021 to 35 per cent by the end of the century....
...It then bought £45mn worth of shares in October, plus a further £1.6mn in November, which brought its stake to 18.2 per cent as of February 20 this year, according to the company’s annual report....
...Moscow has maintained a military base there with about 1,500 troops — currently mostly locals — and a Soviet-era ammunition depot....
...His government also devised the 12.5 per cent corporation tax rate, which for a quarter century helped make Dublin a mecca for global companies....
...The company rose 82.5 per cent in the quarter, more than double the rate of four other large US chipmakers. Micron added 38.1 per cent, AMD rose 22.4 per cent, and Broadcom increased 18.7 per cent....
...The ONS data showed that public sector net debt — or borrowing accumulated over time — was 97.1 per cent of gross domestic product, the highest since the early 1960s, highlighting the next government’s challenge...
...In a Bloomberg poll, 14 out of 18 economists had expected a cut of at least 0.1 per cent....
...Aramco shares were up 1.6 per cent in Sunday trading on the local Tadawul exchange....
...The benchmark Hang Seng index fell 1 per cent, while the tech subindex declined 1.5 per cent. China’s CSI 300 index shed 0.5 per cent....
...It earned diluted earnings per share of 97 cents, down from $1.20 a share in the year ago quarter and missing analyst expectations of $1.01 a share....
...But she said exports rose 1.5 per cent in the three months to end-March in dollar terms despite falls in the prices of products, implying strong volume growth....
...The yield on the benchmark 10-year Treasury hit a 16-year high on Thursday of almost 5 per cent, but pulled back and remained 0.07 percentage points higher at 4.97 per cent....
...Amer Sports said in a Monday filing it will offer 100mn shares in a range of $16 to $18 a share....
...NatWest said 97.1 per cent of its SME account closures were because of “concerns about financial crime or fraud, or due to NatWest . . . being unable to meet its regulatory obligations by continuing the...
...Japan’s Topix fell 1.3 per cent, South Korea’s Kospi shed 1.5 per cent and Hong Kong’s Hang Seng index lost 1.3 per cent in early trading. Chinese markets remain closed for the lunar new year....
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