HSBC Hong Kong shareholders mull legal action over dividend suspension
HSBC shareholders in Hong Kong are calling for an extraordinary meeting with the bank’s management and considering legal action against its decision to scrap dividend...
JPMorgan CEO Dimon does not rule out suspending 2020 dividend due to coronavirus crisis
JPMorgan Chase & Co could consider suspending dividend for 2020 due to the ongoing coronavirus crisis, Chief Executive Officer Jamie Dimon said on Monday, even...
Safaricom, Vodacom finalise M-Pesa acquisition from Britain’s Vodafone
Kenya’s leading telecom firm Safaricom and South Africa’s Vodacom said on Monday that they had completed the acquisition of popular mobile money platform M-Pesa from...
JPMorgan announces coronavirus relief package for customers
JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Monday the bank would extend benefits to customers who have been hurt by the...
EasyJet founder digs in on battle with management over Airbus order
Stelios Haji-Ioannou, easyJet’s founder and biggest shareholder, on Monday intensified his battle with the airline’s management over a huge aircraft order with Airbus which he...
Stocks jump on virus hopes, oil hit by OPEC+ delay
World stock markets jumped on Monday, encouraged by a slowdown in coronavirus-related deaths and new cases, though a delay in talks between Saudi Arabia and...
Futures jump on hopes of slowdown in coronavirus cases
U.S. stock index futures jumped about 4% on Monday after President Donald Trump expressed hope that the coronavirus health crisis in the United States was...
Britain’s BT commits to no job losses over coronavirus
The head of Britain’s biggest telecoms firm BT said he would donate his salary to health workers for at least six months and award a...
Lufthansa’s Belgian carrier suspends flights until mid-May
Belgium’s Brussels Airlines, a Lufthansa subsidiary, has extended its suspension of flights until at least May 15, it said on Monday....
Peugeot parent secures further 3 billion euros of loans
Peugeot-owner PSA said on Monday it had secured a further 3 billion euros ($3.3 billion) of loans, strengthening its financial position in the wake of...