Shell boosts dividend, steadies oil output in new CEO plan

(Reuters) – Shell (LON:RDSa) will ramp up its dividend and share buybacks while keeping oil output steady into 2030, it…

European shares rise on hopes of Fed pause; Entain plunges

(Reuters) – European shares rose on Wednesday, ahead of a broadly priced-in pause in interest rate hikes by the U.S.…

Grifols shares soar on possible sale of $1.5 billion stake in Shanghai RAAS

(Reuters) – Shares in Spanish pharmaceutical Grifols soared on Wednesday morning after it disclosed a plan to reduce its stake…

Airbus raises 20-year delivery forecast, sees more replacements

(Reuters) – Europe’s Airbus on Wednesday raised its 20-year forecast for new airplane deliveries, but tempered its predictions for growth…

US judge temporarily blocks Microsoft acquisition of Activision

(Reuters) – A U.S. judge late on Tuesday granted the Federal Trade Commission’s (FTC) request to temporarily block Microsoft Corp…

Exclusive-Amazon’s cloud unit is considering AMD’s new AI chips

(Reuters) – Amazon (NASDAQ:AMZN) Web Services, the world’s largest cloud computing provider, is considering using new artificial intelligence chips from…

Social media moderators urge German lawmakers to tackle ‘exploitative’ working conditions

(Reuters) – Hundreds of social media moderators in Germany – who remove harmful content from platforms such as Facebook (NASDAQ:META)…

Toyota wins over shareholders at AGM after questions on strategy, governance

(Reuters) – Toyota shareholders backed the board and voted down the first resolution proposed in 18 years at an annual…

Explainer – Why are other automakers chasing Tesla’s ‘Gigacasting’?

(Reuters) – Toyota Motor (NYSE:TM) said this week it will adopt a technology Tesla (NASDAQ:TSLA) pioneered known as “Gigacasting” as…

Tranquility reigns over markets still awash with cash, for now

(Reuters) – Soaring interest rates, slowing economic growth and a banking sector still recovering from a March rout might suggest…

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