Ritu

IHG Adds $750 Million To Buyback, Raises Dividend As Travel Rebounds in 2022 0
- Uncategorized
- February 21, 2023
InterContinental Hotels Group (LON:IHG) said it will buy back another $750 million of stock after the post-pandemic recovery in travel allowed it to post its best results in three years. The owner of the Crowne Plaza and Holiday Inn hotel chains profited handsomely from consumers putting travel at the top of their list of priorities
READ MORE
HSBC Logs Sharp Jump In Q4 Profit, Flags Special Dividend 0
- Uncategorized
- February 21, 2023
HSBC Holdings PLC (LON:HSBA) logged a sharp jump in its fourth-quarter profit on Tuesday as rising interest rates greatly boosted its net interest income, while the bank also flagged a special dividend on the sale of its Canadian business. HSBC’s profit before tax for the three months to December 31 jumped 92% to $5.2 billion,
READ MORE

Maersk Nears Complete Russia Exit After Selling Logistics Sites 0
- Uncategorized
- February 20, 2023
Shipping and logistics group A.P. Moller-Maersk has agreed to sell its two logistics sites in Russia to IG Finance Development Limited, it said on Monday, nearly marking the end of its business activities in the country. The group said the sale of its inland depot facility in Novorossiisk, with a capacity of 1,500 containers (TEU),
READ MORE
Asian Stocks Muted Amid Fed Fears, China Buoyed By Stimulus Hopes 0
- Uncategorized
- February 20, 2023
Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a slew of Federal Reserve events this week, while Chinese stocks rose sharply on the prospect of more stimulus spending by the government. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes rose around 1% each
READ MORE