Alstom hikes dividend after profit rise

Alstom hikes dividend after profit rise

Alstom SA (ALO.FR) on Tuesday raised its dividend after booking gains from the sale of three joint ventures to General Electric Co. (GE) and posting higher earnings in the 2019 fiscal year. Net profit for the year ended March 31. rose to 681 million euros …
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Why India's cabs will likely go electric before its private cars do

India’s top automakers are steering away from polluting diesel models, but the real push towards cleaner electric vehicles is coming from the country’s cab aggregators. Market leader Maruti Suzuki announced late last month that it will not sell any diesel …
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Aussie jumps as RBA holds rates steady; dollar drifts lower

TOKYO (Reuters) – The Australian dollar sharply rose on Tuesday after the country’s central bank held rates at a record low, dashing speculation it may ease policy following a below-par reading of inflation. FILE PHOTO: U.S. dollar banknotes are pictured at a …
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Brewer AB InBev eyes minority listing of Asian business

BRUSSELS (Reuters) – Anheuser-Busch InBev, the world’s largest brewer, confirmed reports on Tuesday that it was looking into listing a minority stake in its Asian operations in order to create a leading regional consumer goods company. FILE PHOTO: The …
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Elon Musk Confirms He Bought $25 Million in Tesla Stock Last Week

Tesla CEO Elon Musk confirmed in a regulatory filing late Monday that he purchased $25 million of his company’s stock in a public offering last week. The electric-car maker’s offering of 3,086,419 shares was priced at $243 each last week. Musk had shown …
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