By Reuters Staff
2 Min Read
TOKYO, March 29 (Reuters) - Japanese shares rose on Monday, lifted by optimism around corporate earnings and U.S. economic recovery, while Nomura Holdings fell the most in a decade after it flagged a potential $2 billion loss.
The Nikkei share average advanced 0.81% to 29,412.24 by 0144 GMT, while the broader Topix rose 0.49% to 1,993.93.
“Investors are buying companies, particularly manufacturers that would benefit from the recovery of the global economy, and whose earnings are set to rise in the coming years,” said Shigetoshi Kamada, general manager for the research department of Tachibana Securities.
Aiding sentiment, the S&P 500 and Dow closed at record highs on Friday on hopes for a recovery in the U.S. economy as vaccine rollouts continue.
Blockchain technology firm ConsenSys said on Tuesday it had raised $65 million from major banks and financial services firms including J.P. Morgan, Mastercard Inc and UBS Group AG to fund its growth and global expansion.
By Reuters Staff
1 Min Read
FILE PHOTO: The logo for Procter & Gamble Co. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 27, 2018. REUTERS/Brendan McDermid
(Reuters) - Procter & Gamble Co raised its quarterly dividend by 10% on Tuesday to $0.8698 per share, payable after May 17.
The Cincinnati-based conglomerate has benefited from a coronavirus-driven surge in demand for cleaning products, and is expected to report its third-quarter results next week.
P&G had previously announced plans to buy back up to $10 billion worth of shares in fiscal 2021.
Reporting by Munsif Vengattil in Bengaluru; Editing by Devika Syamnath
By Reuters Staff
1 Min Read
FILE PHOTO: The logo of Unilever is seen at the headquarters in Rotterdam, Netherlands August 21, 2018. REUTERS/Piroschka van de Wouw
ISTANBUL (Reuters) - Turkey’s Competition Authority said on Monday it fined Unilever’s Turkey unit some 480 million lira ($61 million), after ruling that it abused its dominant position in the ice cream sector.
It said the company prevented competition in sales areas sized 100 square metres or smaller, adding that it is obliged to allocate 30% of its fridge capacity in such businesses to products of other companies.
($1 = 7.8616 liras)
Amsterdam's blue chip AEX index hit an all-time high of 703.29 on Wednesday, surpassing its September 2000 peak, as technology and Asia-oriented shares gained after a long retreat of bank and insurer valuations.