Russian court orders Glencore to pay shares worth 114.8 million euros in Sberbank lawsuit

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Q1 2024 Neurocrine Biosciences Inc Earnings Call
Q1 2024 Neurocrine Biosciences Inc Earnings Call
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Bloomberg
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Q1 2024 Chefs' Warehouse Inc Earnings Call
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AFP
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Reuters Videos
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2 days ago
Reuters
HSBC has no plans to dispose of further businesses, Chairman says
LONDON (Reuters) -HSBC has no current plans to sell more assets, its chairman Mark Tucker said on Friday at the annual shareholder meeting of the bank, which has scaled back its presence in Western markets in recent years as part of a sweeping overhaul. HSBC shareholders met in London days after the bank's CEO Noel Quinn announced his surprise retirement following a five-year tenure which saw HSBC sell retail banking operations in France and the U.S., and its entire Canadian unit, as it pivots towards Asia. The chairman's comments hint at a likely shift in direction for whomever succeeds Quinn, as the bank turns its focus away from shrinking its global empire to trying to grow its business in its remaining markets.
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CNN
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Reuters
JPMorgan says its Russia assets may be seized after lawsuits in Russia, US
NEW YORK (Reuters) -JPMorgan Chase said in a filing on Wednesday that its assets in Russia may be seized after lawsuits in Russian and U.S. courts. The bank faces several legal challenges over its Russian dealings after the U.S. and European nations imposed economic sanctions on Russia in response to its invasion of Ukraine. The value of claims and orders to freeze assets exceeds JPMorgan's available assets in Russia, the largest U.S. lender said.
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Fool.co.uk
Can Diageo’s new chief financial officer help to reverse the falling share price?
Despite Diageo’s weaker share price, a revitalised management and a focus on strategy execution look set to keep the dividend growing. The post Can Diageo’s new chief financial officer help to reverse the falling share price? appeared first on The Motley Fool UK.
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York Press
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Bloomberg
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Bloomberg
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a day ago
Fortune
The ‘father of the 401(k)’ talks about the death of pensions, the future of retirement, and what disturbs him most about his own creation
Retirement legend Ted Benna says the savings model isn’t for everyone, but he would do it all over again.
a day ago
Associated Press
Judge in landmark antitrust case grills Google, Justice during closing arguments
The judge overseeing a pivotal antitrust trial focused on whether Google is stifling competition and innovation repeatedly indicated Thursday that he believes it would be difficult for a formidable rival search engine to emerge. U.S. District Judge Amit Mehta went back and forth with Google’s lead litigator, John Schmidtlein, during the first day of the trial's closing arguments, questioning whether another company could amass the money and data needed to develop a search engine that could eventually compete against Google.
23 hours ago
Reuters Videos
Apple unveils record buyback as results beat forecasts
STORY: Apple announced a record share buyback program on Thursday as the iPhone maker revealed a smaller-than-expected drop in revenue.The company upped its cash dividend by 4%, and is buying back $110 billion worth of stock.It's the largest buyback in Apple's history, fueling a jump in shares after hours.Apple reported a revenue drop of 4% to almost $91 billion in the fiscal second-quarter.That's not as steep a fall as analysts had predicted.A positive forecast came from CEO Tim Cook.He told Reuters the iPhone maker expects "to grow low-single digits" in overall revenue in the current quarter ending in June.Wall Street is predicting closer to 1.3% growth, according to LSEG data.The results and guidance suggest the company may be regaining its footing in the smartphone market, despite stiff competition and regulatory challenges.Long considered a must-own stock on Wall Street, Apple shares have underperformed other Big Tech firms in recent months.It's fallen 10% this year while struggling with weak iPhone demand and tough competition in the Chinese market.Smartphone rivals like Samsung have also introduced competing devices aimed at hosting artificial intelligence chatbots.Though Cook said Thursday that iPhone sales still experienced "growth in some markets, including China."He also said Apple has spent more than $100 billion on AI research and development in the past five years.And that the company would be sharing "some very exciting things" about its AI plans later this year.
8 hours ago
The Telegraph
Black cab drivers claim Uber illegally obtained London licence in lawsuit
Thousands of London taxi drivers have launched a £250m lawsuit against Uber, claiming the minicab app illegally obtained a licence to operate in London.
a day ago

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11 fabulous farmhouses perfect for living a rural lifestyle

Russian court orders Glencore to pay shares worth 114.8 million euros in Sberbank lawsuit

Latest stories

Q1 2024 Neurocrine Biosciences Inc Earnings Call

US May Step Up Verbal Intervention on Yen Rout, Jim O’Neill Says

Yen’s Sustained Weakness Frustrates Even Japanese Exporters

US and Saudis Near Defense Pact Meant to Reshape Middle East

India’s Anthill Seeks $100 Million for Private Credit Cross Fund

Q1 2024 Chefs' Warehouse Inc Earnings Call

Gazprom swings to £5bn loss in blow to Putin

Record loss for Russia's Gazprom as European market closed

EVs are getting smarter and cheaper in China

HSBC has no plans to dispose of further businesses, Chairman says

Opinion: Could these laws fix America’s broken work culture?

JPMorgan says its Russia assets may be seized after lawsuits in Russia, US

Can Diageo’s new chief financial officer help to reverse the falling share price?

York boss is a national wealth management winner

Teen Clothing Retailer rue21 Files Bankruptcy for Third Time

Huawei Lab Barred by US FCC as Part of Crackdown on China

The ‘father of the 401(k)’ talks about the death of pensions, the future of retirement, and what disturbs him most about his own creation

Judge in landmark antitrust case grills Google, Justice during closing arguments

Apple unveils record buyback as results beat forecasts

Black cab drivers claim Uber illegally obtained London licence in lawsuit