Anglo-Australian mining giant BHP on Tuesday reported a spike in half-yearly profits, on the back of strong iron ore prices and record exports from Western Aust
Bumper payday for BHP investors BHP shareholders are pocketing a record return from their investment, with the company paying out a staggering amount in the last three years.
Business by Rebecca Le May 16th Feb 2021 3:58 PM Mining behemoth BHP is rewarding shareholders with the biggest dividend in its history after booking a surge in half-year underlying profit, as record shipments from its flagship iron ore mines in Western Australia coincide with high prices for the steelmaking commodity. Underlying profit for the six months to December 31 rose 16 per cent to $US6.03bn ($A7.73bn), while net debt fell 7 per cent to $US11.83bn ($A15.16bn).
Departing chief executives included Imperial Brands boss Alison Cooper (pictured)
Britain s blue-chip companies have experienced their biggest exodus of top executives in almost two decades, amid a year of pandemic turmoil. Among firms on the FTSE 100 index, 22 chief executives and 23 finance chiefs have walked out the door, a total of 45. The figure is the highest since at least 2002, according to analysis by funds supermarket AJ Bell.
Departing chief executives included Imperial Brands boss Alison Cooper, Tesco s Dave Lewis, Mike Coupe at Sainsbury s, Bob Dudley of BP, Centrica s Iain Conn, and Willie Walsh, who ran British Airways owner IAG. Rio Tinto boss Jean-Sebastian Jacques is also due to leave at the end of the year.
There is a spirited community in West Limerick working on their town’s rejuvenation.
Rathkeale which is perfectly located on the N21 between Limerick City and near Newcastle West will soon be at the elbow of the new Foynes to Limerick motorway (Adare Bypass), reducing travel time to about 20 minutes for many of the 94,000 people in Limerick City.
Rathkeale’s workforce is highly skilled with 34% engaged in professional managerial, technical, or non-manual work - 43% work in Commerce, Trade and Professional Services and 7% in Agriculture.
The unemployed can join the professionally managed Community Employment Project training programme for work experience and upskilling. The town also boasts three national schools, a secondary school, a crèche, the only Youth Centre outside Limerick City, and sheltered housing catering to some of the older residents.