Watches of Switzerland considers stock market listing
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Watches of Switzerland considers stock market listing

Via Yahoo Finance The UK’s biggest seller of Rolex watches is working on plans for a stock market listing, which could value the luxury retail group at up to £800m. On Thursday, Watches of Switzerland, which also owns the Goldsmiths and Mappin & Webb brands, said it was looking to raise cash by selling new...

Caterpillar hikes dividend, gives details on services push
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Caterpillar hikes dividend, gives details on services push

Via Yahoo Finance (Reuters) – Caterpillar Inc will issue a record dividend for the second quarter, up 20 percent from its previous payout, and plans to further increase returns to shareholders over the next four years, the company said on Thursday ahead of its investor day presentation. The heavy machinery maker also gave details that...

Barclays shareholders rebel over pay but reject Bramson
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Barclays shareholders rebel over pay but reject Bramson

Via Yahoo Finance Barclays has staved off a challenge mounted by an activist investor at its annual meeting, but got a bloody nose from shareholders over its executive pay. Almost 30% of votes were cast against the firm’s remuneration report, following calls for chief executive Jes Staley’s pay to be docked following the whistleblowing scandal....

Aircraft maker Bombardier to quit Northern Ireland
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Aircraft maker Bombardier to quit Northern Ireland

Via Yahoo Finance Canadian aircraft and train maker Bombardier has announced plans to sell its Belfast-based aerospace business. The company employs 3,600 people at a number of sites in the area and is the largest manufacturer in Northern Ireland, with a history dating back to the 1930s when Shorts established its first factory in Belfast....

Mine versus lab – how green is your diamond?
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Mine versus lab – how green is your diamond?

Via Yahoo Finance By Barbara Lewis LONDON (Reuters) – Mined diamonds are less carbon-intensive than man-made, but their producers should use more green energy, according to a study commissioned by the natural diamond industry, highlighting tensions between the mined and lab-grown sectors. The U.S. Federal Trade Commission, which investigates allegations of deceptive advertising, sent warning...

Shell outperforms rivals in first quarter on strong trading, LNG
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Shell outperforms rivals in first quarter on strong trading, LNG

Via Yahoo Finance By Ron Bousso LONDON (Reuters) – Royal Dutch Shell reported on Thursday a small drop in first quarter profit to $5.4 billion (£4.1 billion), but still easily beat forecasts, helped by stronger trading and liquefied natural gas earnings. Shell’s results outshone those of rivals Exxon Mobil, Chevron and BP which all saw...

Metro Bank shares tumble to record low after weak earnings
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Metro Bank shares tumble to record low after weak earnings

Via Yahoo Finance By Lawrence White LONDON (Reuters) – Shares in Britain’s Metro Bank fell by a fifth on Thursday after it said its first quarter profits had halved and some depositors had withdrawn funds following a major accounting error disclosed in January. Bank analysts downgraded their price targets for the upstart lender and warned...

Reckitt Benckiser first-quarter sales fall short, sees better second half
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Reckitt Benckiser first-quarter sales fall short, sees better second half

Via Yahoo Finance By Martinne Geller LONDON (Reuters) – Reckitt Benckiser Group reported lower-than-expected first-quarter sales, due to weakness in its health business, but stood by its full-year forecast, relying on an improvement as the year goes on. The maker of Strepsils and Mucinex cold medicine and Lysol cleaners said on Thursday that quarterly like-for-like...