Petrobras Investors Come Out Ahead After Drama Over Dividends in Brazil
A seven-week tug of war over Petrobras’s dividends wound up with the company delivering a 22-billion-reais ($4.3 billion) payout to investors.
A seven-week tug of war over Petrobras’s dividends wound up with the company delivering a 22-billion-reais ($4.3 billion) payout to investors.
The billionaire Pinault heir at the helm of Gucci owner Kering SA is unhappy about the fashion company’s stock market performance, which has led to a halving of his father’s fortune in less than three years.
Airbus SE will further increase production of its advanced A350 widebody jet as the planemaker benefits from surging demand and as arch-rival Boeing Co. remains absorbed in a crisis of confidence.
Interactive Brokers Group Inc. customers can now trade US treasury bonds 22 hours a day during the week, as the electronic broker seeks to capture more clients globally.
Warren Buffett’s warning that wildfires have turned utilities across the western US into risky investments is mistaken — at least in California, according to the head of the state’s largest electricity provider.
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