Global dividend payments have fallen to their lowest level in more than a decade, as companies moved to protect their balance sheets amid the pandemic, and dealt a massive blow to investors who rely on payouts to grow them wealth. Total shareholder payments fell from $ 108 billion to $ …
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A Nordic hedge fund worth more than $ 90 billion (£ 68.6bn) has its shares in some of the world’s largest oil companies and miners responsible for lobbying against climate action. Storebrand, a Norwegian asset manager, split from miner Rio Tinto, as well as US oil giants ExxonMobil and Chevron …
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Rio Tinto CEO Jean-Sébastien Jacques attended an annual general meeting in Perth, Australia on May 9, 2019. Jacques will lose about $ 3.5 million in bonuses due to the destruction in May of Australian inland holy sites, the mining company said on August 24, 2020. Will Russell / Associated Press …
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LONDON (Reuters) – Coronavirus crisis will see the world’s largest companies pay dividends between 17% -23% this year, which could be as high as $ 400 billion this year, a new report has shown, as sectors such as tech are fighting the trend. PHILO PHOTO: Passers-by wearing protective face masks …
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BAMAKO / LONDON (Reuters) – An important meeting on Saturday between Mali’s coups and West African regional bloc mediators seeking a return to civilian rule ended just 20 minutes later. Tuesday’s reversal of Mali President Ibrahim Boubacar Keita has been condemned abroad but celebrated by many in a country struggling …
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