Westpac Delivers Strong Shareholder Returns Despite Profit Dip
May 06, 2024 06:17 am UTC| Business
Westpac has rewarded its shareholders with a $500 million fully franked special dividend, amounting to 15 a share, in addition to its 75 ordinary interim dividend. In a move that emphasizes the banks robust equity capital...
Qantas Agrees to Pay $66 Million in Fines and Compensation Over "Ghost Flights" Scandal
May 06, 2024 05:12 am UTC| Business
Australian flagship carrier Qantas has agreed to settle a $66 million fine for misleading consumers by advertising and selling flight tickets that had long been canceled. This decision comes in the wake of severe...
Paramount Continues Talks With Skydance While Negotiating With Sony and Apollo
May 06, 2024 04:45 am UTC| Business
Paramount Global has more bidders now that Sony Pictures and Apollo Global Management have joined forces and proposed to acquire a stake in the company. It is now competing with Skydance Media for a buyout deal. As per...
Brooks Running Targets Growth in China and Europe
May 06, 2024 03:30 am UTC| Business
Brooks Running, the renowned running shoe brand under Warren Buffetts Berkshire Hathaway, targets China and Europe as its new growth arenas. Dan Sheridan, who will be CEO on April 26, shed light on the companys ambitions...
Hormel Foods Recalls Planters Nuts for Potential Listeria Contamination
May 06, 2024 03:18 am UTC| Business
Hormel Foods LLC issued a recall and warning for the purchase of some variants of Planters nuts. The recall is limited to 4-ounce Honey Roasted Peanuts and Planters Deluxe Lightly Salted Mixed Nuts in 8.75-ounce...
Nike and Kylian Mbappé Inspire Youth through Sports in Paris
May 06, 2024 03:14 am UTC| Business
Nike and football sensation Kylian Mbappé orchestrated a groundbreaking event in Paris that lit up the Champs Elysées with the energy of over 2,000 young athletes. This collaboration marked the commencement...
Leaked: New Huawei Luxeed SUV Images Fuel Anticipation for Tech Upgrades
May 05, 2024 11:52 am UTC| Technology Business
Recently leaked photos allegedly showcasing the Huawei Luxeed SUV have ignited speculation over the vehicles advanced features and smart technology, potentially setting a new benchmark in the automotive...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects