Business - Page 138

Santander (SAN.MC) unveiled a fresh share buyback scheme worth 1.46 billion euros ($1.57 billion) on Monday, alongside a pledge to elevate its 2023 dividend per share by approximately 50%. The euro zone’s

The Biden administration disclosed on Monday its allocation of $1.5 billion to GlobalFoundries (GFS.O) to bolster semiconductor production, aiming to fortify domestic supply chains post the COVID pandemic’s revelations of vulnerabilities. GlobalFoundries,

Saudi Aramco (2222.SE) is poised to issue a bond this year, with a focus on longer maturities of up to 50 years, revealed Chief Financial Officer Ziad Al-Murshed on Monday. Al-Murshed articulated

Air Canada (AC.TO) announced an upward revision in its 2024 core profit forecast on Friday, buoyed by sustained demand for international travel. However, the airline cautioned about escalating labour expenses. Canada’s largest

Virgin Media O2 announced on Friday its intention to separate its cable and fibre network, serving 16 million households, into a new network company wholly owned by itself, aiming to better compete

The Biden administration is reportedly planning to ease restrictions on tailpipe emissions in a bid to encourage a transition from petrol cars to electric vehicles, according to the New York Times. This

Donald Trump has been ordered to pay £354.9 million in penalties for fraudulently inflating his net worth to deceive lenders, as decreed by a New York judge on Friday. This ruling constitutes

UK stocks made significant gains on Friday, fuelled by rises in mining and banking sectors, as the indices recorded weekly increases amidst investor optimism regarding potential interest rate reductions from the Bank

Nike (NKE.N) has announced its intention to reduce its workforce by approximately 2%, equating to more than 1,600 jobs, in a bid to curtail expenses amidst a challenging market for its footwear