Author: Press Room
5/5 © Reuters. Aerial view shows Lake Kivu and the skyline of the city of Goma, North Kivu province, Democratic Republic of the Congo October, 21, 2023. REUTERS/Arlette Bashizi 2/5 By Sonia Rolley (Reuters) – A Canadian start-up run from a private home was chosen by Democratic Republic of Congo for a technically complex project to extract methane from the deep waters of a volatile lake, despite the company not meeting the tender’s financial criteria, documents seen by Reuters show. President Felix Tshisekedi, who is seeking re-election in December, has promised to shake off Congo’s reputation for opaque dealings as…
Novo Nordisk GAAP EPS of DKK 5.00, revenue of DKK 58.73B; raises FY23 sales guidance
Washington CNN — The fate of President Joe Biden’s federal student loan forgiveness program, which promises to deliver up to $20,000 of debt relief for millions of borrowers, lies with the Supreme Court. The justices heard arguments on February 28 in two cases concerning the forgiveness program, and a decision is expected by late June or early July. About 26 million people had already applied by the time a federal district court judge struck down the program on November 10, 2022 – prompting the government to stop taking applications. No debt has been canceled thus far. The administration officially launched…
Russian regional media reported this week that the Wagner Group is hiring again in two oblasts.One report also said that Yevgeny Prigozhin’s son, Pavel, has assumed command of remnants of Wagner.The reports follow months of speculation that Pavel Prigozhin would lead Wagner under the Russian Guard. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Russian mercenary company Wagner Group is starting to recruit fighters again three months after its disgraced founder, Yevgeny Prigozhin, died in a plane crash, two Russian media outlets reported.And the…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Companies with more gender-balanced workforces outperformed their least-balanced peers by as much as 2 percentage points annually between 2013 and 2022, a BlackRock study of the MSCI World index has found.The higher return on assets held true within countries and within sectors, and was especially marked for companies where gender parity was greatest in revenue producing, engineering and top-paying jobs, researchers at the $9.1tn money manager said in a report released on Thursday. While other researchers have also sought to document links…
© Reuters. FILE PHOTO: A Norwegian Air plane is refuelled at Oslo Gardermoen airport, Norway November 7, 2019. Picture taken November 7, 2019. REUTERS/Lefteris Karagiannopoulos/File Photo OSLO (Reuters) -Norwegian Air reported third-quarter profit above expectations on Thursday and said current ticket sales were “slightly reduced” in accordance with seasonality. July-September profit before interest, tax, depreciation (EBIT) rose to 2.17 billion crowns ($195.06 million) from 1.03 billion in the year-ago period, above the 2.02 billion seen by analysts in a company-provided consensus poll. The third quarter spans much of the key holiday travel season in Europe. “While many consumers are impacted…
© Reuters. Several Indian companies including Hindustan Unilever (LON:), Tech Mahindra, Kajaria Ceramics, and Laurus Labs declared dividends on Thursday, despite witnessing a decline in their net profits due to subdued demand and higher expenses. Tech Mahindra also saw its earnings margins contract to 4.7%. On the same day, these companies began trading ex-dividend as per the National Stock Exchange (NSE). Hindustan Unilever declared a dividend of Rs 18/share (face value Re 1), with November 2 as the record date and November 16 as the payment date. Tech Mahindra announced a Rs 12/share dividend (face value Rs 5), a substantial…
© Reuters. Investing.com– Gold prices rose on Thursday, encouraged by a weaker dollar and Treasury yields after the Federal Reserve struck a less hawkish tone than expected, although gains in the yellow metal were limited by increased risk appetite. The , as widely expected, on Wednesday. But comments from Fed Chair Jerome Powell saw markets pricing in a diminished chance of any more rate hikes, especially as the Fed chair acknowledged that financial conditions had tightened substantially in recent months. showed that traders were pricing in an 80% chance of a rate pause in December, and that the Fed will…
Teekay Tankers declares $0.25 dividend
Representative Ken Buck, a conservative Colorado Republican who played a central role in ousting Kevin McCarthy from the speakership, said he will not seek re-election next year, citing his party’s election denialism and many members’ refusal to condemn the Jan. 6. 2021, assault on the Capitol.Mr. Buck, serving his fifth term from a sprawling district east of Denver after a career as a prosecutor, said he had decided to step aside because his differences with the contemporary Republican Party had grown too great to continue serving in its ranks. He condemned his party’s reluctance to take on big issues and…