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(Reuters) – Tobacco group Imperial Brands Plc (IMB.L) on Tuesday said it plans to cut its dividend by a third as it seeks to save cash and pay down debt during the COVID-19 pandemic, and expects a bigger hit from the crisis in the second half of the year. The maker of Winston and Gauloises …
Imperial Brands to cut dividend, sees bigger COVID-19 hit in second half Read More »
Vodafone meets expectations with a 2.6% rise in full year core earnings.
TOKYO (Reuters) – Oil prices slumped again on Wednesday, with Brent falling to the lowest since 1999, as the market struggled with a massive crude glut amid a collapse in demand for everything from gasoline to jet fuel caused by the coronavirus outbreak. Brent crude LCOc1, which fell 24% in the previous session, touched $15.98 …
OIL PRICES TUMBLE ON DEMAND COLLAPSE, BRENT AT 1999 LOWS Read More »
Closures of pubs, bars and other on-trade venues is hitting the maker of Smirnoff, Johnnie Walker and Guinness but off-trade is picking up Diageo PLC (LON:DGE) has said it will pay its scheduled interim dividend today but the drinks maker put the cap on share buybacks for the rest of this year as the financial outlook …
Diageo doles out interim dividend payment but stops share buyback for 2020 Read More »
Global oil prices have risen after Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their price war. The cost of crude had fallen to 18-year lows as the two countries slashed prices and ramped up production. At the same time demand has been hit hard by shutdowns …
Coronavirus: Oil prices rise on hopes of a price war truce Read More »
Global markets see big gains since Coronavirus impact (24/03/2020)
The senate agrees $2 trillion economic rescue plan.
The company’s share price to a new high in after-hours trading on the New York Stock Exchange.
