BP hikes dividend by 10 Will repurchase 1.5 billion of shares Weak refining, oil trading and high maintenance weigh LONDON, Aug 1 Reuters BP39;s  secondquarter profit slumped 70 from a year earlier to 2.6 billion, missing forecasts, as refining margins and oil trading income fell, but still allowing the energy giant to boost its dividend by […]

AprilJune profit came in at 23.33 bln yen BOJ39;s policy tweak could be a major tailwind Profit at wholesale division plunges due to slow trading TOKYO, Aug 1 Reuters Nomura Holdings Inc on Tuesday reported a jump in firstquarter net profit as a strong Japanese stock market helped the country39;s biggest brokerage and investment bank attract […]

HSBC raises its nearterm return on tangible equity goal Firsthalf profit surges more than twofold H1 results underpinned by rising rates worldwide London shares rise nearly 3 LONDONHONG KONG, Aug 1 Reuters HSBC Holdings raised its key profitability target and announced a fresh 2 billion share buyback on Tuesday, as rising central bank interest rates worldwide […]

BERLIN, Aug 1 Reuters Daimler Truck achieved a secondquarter record adjusted return on sales of 10.3 for its industrial business, the company said on Tuesday, even as it faced rising monthly costs from inflation. Supply chain issues were easing, the truck and busmaker said, with some bottlenecks remaining this year though no major production downtime was […]

Aug 1 Reuters Cineworld Group said it has emerged from Chapter 11 bankruptcy after nearly 11 months, coming out with lower debt and a new slate of management and board. The world39;s second largest cinema chain operator behind AMC Entertainment said it has appointed former Chair and CEO of Warner Bros Ann Sarnoff to its board, along […]