National Australia Bank met expectations for first-half cash profit on Thursday and raised its dividend by more than 20% as strong growth in loan volumes and higher fee income helped offset the impact of stiff competition on its margins.
National Australia Bank Ltd increased its dividend as a surge in home and business loans helped lift first-half profit but the country's No.
Financial institutions face losses of at least $225 billion from risks related to water, with a third of them doing nothing to assess the potential impact, a report by leading environmental disclosure platform CDP and Planet Tracker estimates.
After telling the Americans that inflation has been transitory for some time, the Federal Reserve on Wednesday recognized that it's a permanent problem and should be dealt with "expeditiously."
Twitter Inc faced a skeptical audience as it showcased its advertising opportunities on Wednesday at an event in New York City, three ad agency executives told Reuters, as the social media company's plans under billionaire Elon Musk remain unclear.
The Federal Aviation Administration (FAA) said Wednesday it will boost air traffic control staff in Florida after bad weather and space launches have often snarled flights in recent months.
Green Thumb Industries Inc reported a surge in revenue and core profit on Wednesday, as increasing acceptance of marijuana in the United States helped one of the country's largest weed producers attract more customers.
CEO Bobby Kotick directly took part in negotiations on a merger with Microsoft despite allegations he did little to address harassment at his company.
A U.S. judge on Wednesday said he saw no reason to rule quickly in favor of JPMorgan Chase & Co as it sues Tesla Inc over Elon Musk's 2018 tweet that he might take the electric car company private.
There's a reason why Uber and Lyft don't actually make much money.
US Fed makes biggest rate increase since 2000 to fight inflation
Uber hit with loss in quarter despite rider rebound
“He actually could make it worse,” Bill Gates said of Elon Musk's recent Twitter acquisition.
The number of companies appointing chief sustainability officers (CSO) jumped threefold in 2021 year-on-year, a study by consultants PwC showed on Wednesday, although less than a third of all CSOs hold an executive position.
A prominent corporate reformer is pitching a trendy idea to Elon Musk as he takes control of Twitter Inc: turn the social-media platform into a "public benefit corporation" to work for the benefit of all stakeholders, not just investors.
Mexico enlists private sector to help tame inflation
Canada is talking to a number of companies interested in setting up production in the electric vehicle (EV) supply chain, the industry minister said, as the government seeks to cut carbon emissions to net zero by 2050 and play a role in the shift toward greener cars.
Netflix Inc has been hit with a shareholder lawsuit in a U.S.
Consumers impacted by the settlement will receive about $30 for each year that they were deceived about Intuit's TurboTax product.
Airbus on Wednesday firmed up record plans for a 50% hike in key narrowbody jet output as it gambles on a steady travel rebound led by the United States, where the European exporter plans to deepen its industrial footprint.
Europe's Airbus firmed up plans to raise production of its best-selling A320-family narrowbody jets by 50% from current levels to a record 75 a month in 2025 as it posted higher-than-expected quarterly earnings on Wednesday.
Intuit Inc agreed to pay $141 million in restitution to settle claims by all 50 U.S.
Bank of America has agreed to pay a $10-million civil penalty for processing garnishments against customer bank accounts that violated state laws, the U.S.
Austria's Raiffeisen Bank International, one of the European banks most exposed to Russia, has received unsolicited indications of interest for its Russia operations, the bank's chief said on Wednesday.
Standard Chartered Chief Executive Bill Winters said the merits of a UK-based, Asia-focused bank remain valid in the face of "unpredictable" geopolitical tensions.
Robinhood Markets Inc on Wednesday said it launched a fully-paid securities lending program, which lets the online broker's users lend out shares they own through the popular app to market participants and passively collect a cut of the fees.
Comedian Dave Chappelle attacked during LA show
Burundi says 10 troops killed in attack on AU base in Somalia
JPMorgan has elevated two senior bankers in its financial institutions group (FIG) to global co-heads of market infrastructure as it seeks to bolster its sprawling financial services franchise, according to a memo seen by Reuters.
Alphabet Inc's Google has hired a new public policy head in India, Archana Gulati, who previously worked at Prime Minister Narendra Modi's federal think-tank and the country's antitrust watchdog, a source with direct knowledge of the matter told Reuters.
