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(Reuters) – Microsoft CEO Satya Nadella’s fiscal 2024 compensation surged 63% to $79.1 million, according to a filing on Thursday, helped by his stock awards in a year when the tech behemoth’s market value breached $3 trillion. Stock awards for Nadella, who earned $48.5 million in 2023, climbed to about $71 million from $39 million …

Microsoft CEO Nadella’s 2024 pay rose 63% to $79 million on stock awards Read More »

DUBLIN (Reuters) – Irish consumer sentiment improved in October, rising to 74.1 from 71.9 the previous month on a slight easing in cost-of-living pressures and a modest but not dramatic boost from the Oct. 1 giveaway budget, a survey showed on Friday. The latest reading is well below the Credit Union Consumer Sentiment index’s long-term …

Irish consumer sentiment receives modest boost from giveaway budget Read More »

LONDON (Reuters) – British consumer confidence fell to the lowest level since March as concerns about possible tax hikes dented sentiment in the lead-up to the new government’s first budget next week, a long-running survey showed on Friday. Market research firm GfK’s consumer confidence survey edged down to -21 in October from -20 in September …

‘Holding their breath’: UK budget weighs on consumer confidence, survey shows Read More »

LONDON (Reuters) – British money manager Legal & General has committed up to $200 million of investment into U.S. rental housing, as a growing number of investors bet the country’s battered real estate market could be poised to recover. The FTSE 100 company, which manages 1.1 trillion pounds ($1.4 trillion), said it had also made …

Britain’s L&G bets on US real estate as recovery hopes grow Read More »

By Nupur Anand and Pete Schroeder WASHINGTON (Reuters) – Questions about the direction of the United States and wars in Ukraine and the Middle East are making investors cautious, bank executives gathered in Washington said. But there is some optimism about economic activity picking up as clarity over policy emerges after the Nov. 5 U.S. …

Bankers see tepid investments due to uncertainty over US elections, geopolitics Read More »

(Reuters) – L3Harris raised the lower end of its annual profit and revenue forecasts on Thursday, betting on sustained weapons demand and robust defense spending amid escalating global security concerns. Shares rose 3.6% after the bell. Geopolitical tensions have benefited arms manufacturers such as Lockheed Martin , RTX, and Northrop Grumman, all of which also …

L3Harris lifts lower end of 2024 results forecast amid global tensions Read More »

(Reuters) – The incipient migration of clients from Credit Suisse to UBS should take about another 18 months, UBS CEO Sergio Ermotti said on Thursday, as his bank presses on with the integration of its former rival. UBS acquired its longtime competitor last year after Credit Suisse collapsed due to a series of scandals and …

UBS migration of Credit Suisse clients to take 18 months, CEO says Read More »