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BP raises dividend after income hit 14-year excessive

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Profit soars to $8.45 billion, far exceeds forecast BP increases dividend by 10% CEO says BP boosts spending on oil and gas Profits driven by strong oil business, influenced by LNG LONDON, August 2 (Reuters) – BP’s (BP.L) Second-quarter profit jumped to $8.45 billion, its highest in 14 years, as strong margins and its refining … Read more

HSBC hangs up with Ping A farewell name, raises payout and revenue targets

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HSBC reverts quarterly dividend from 2023 In order to attract investors with a higher return target Asian business analyst has huge risk London shares rise 6% LONDON / SINGAPORE, August 1 (Reuters) – HSBC (HSBA.L) pushed back proposal by China’s top shareholder Ping An Insurance Group Co (601318.SS) to split lenders, a move Europe’s biggest … Read more