By Byron Kaye SYDNEY (Reuters) – The number of Australian companies facing investor opposition over remuneration plans held near record levels for a second straight year in 2024, according to a study by shareholder advisor Georgeson. The study, shared first with Reuters, underscores not only frustration with high executive pay at a time when the …
(Reuters) – Brazil’s central bank chief Gabriel Galipolo said on Thursday that crypto asset usage in the country has surged over the past two to three years, with around 90% of the flow linked to stablecoins. Stablecoins are pegged to real-world assets, such as the U.S. dollar, and therefore fluctuate much less than other crypto …
Brazil’s Galipolo sees surge in crypto use, says 90% of flow tied to stablecoins Read More »
By Howard Schneider WASHINGTON (Reuters) – The Trump administration’s emerging focus on long-term Treasury bond yields may show growing sensitivity to market constraints that could impede President Donald Trump’s economic plans, while also getting the Federal Reserve out of his direct line of fire. Yields on 10-year Treasury notes, influential in determining borrowing costs for …
Bessent’s focus on 10-year US Treasury yield may let Fed off the hook Read More »
By Seher Dareen (Reuters) -ConocoPhillips beat Wall Street estimates for fourth-quarter profit on Thursday, as higher production helped offset lower crude prices, and expects 2025 to be a peak spending year for its long-term projects. The company expects capital expenditure in 2025 to be $12.9 billion, aiming to spend 15% less on its Lower 48 …
ConocoPhillips’ Q4 profit beats estimates on higher production, divests non-core assets Read More »
By Howard Schneider DETROIT (Reuters) – A full-employment economy with solid growth and falling inflation will let the U.S. Federal Reserve continue cutting interest rates, though uncertainty about the impact of tariffs and other policy changes argues for a slower approach, Chicago Fed President Austan Goolsbee said on Thursday. “We have kind of settled in …
By Bhanvi Satija and Patrick Wingrove (Reuters) -Eli Lilly on Thursday suggested that demand for its popular diabetes and weight-loss treatments was not a concern, easing investor agitation about signs of weakness in sales of the drugs. Lilly said on a call with analysts that it still believed there was huge demand for its weight-loss …
Lilly reassures investors that weight-loss drug demand is strong, shares rise Read More »
By Stephen Nellis (Reuters) -Qualcomm Chief Executive Officer Cristiano Amon said on Wednesday that Arm Holdings has withdrawn a threat to terminate Qualcomm’s license agreement with the chip technology provider. Arm in October threatened to terminate Qualcomm’s license agreement amid a dispute over technology that powers Qualcomm’s personal computer chips. Qualcomm said that threat has …
Qualcomm says Arm has withdrawn license breach notice Read More »
By Tatiana Bautzer NEW YORK (Reuters) – U.S. regional banks are capitalizing on improving investor sentiment by raising billions of dollars in equity to pursue deals and beef up their balance sheets. Since Donald Trump’s U.S. election victory in November, banks have raised $1.7 billion through share sales, according to LSEG data, close to the …
US banks raise equity to jumpstart deals, bolster balance sheets Read More »
(Reuters) -Buyout firm TPG’s climate investment arm will acquire Altus Power in an all-cash deal worth $2.2 billion, including the assumption of debt, the companies said in a statement on Thursday. The announcement, confirming a Reuters report from December that TPG Rise Climate was in talks to acquire Altus, sent shares in the company up …
TPG to buy solar firm Altus Power for $2.2 billion Read More »
(Reuters) -Shares of chipmaker Qualcomm fell about 5% in early trading on Thursday as a weak outlook for its patent licensing business outweighed strong expectations for quarterly sales and profit. The company disappointed investors after it said the licensing business, which accounted for 14.8% of its total revenue in the reported quarter, would see no …
Qualcomm shares fall on downbeat forecast for licensing business Read More »
