BENGALURU: Fortescue Metals Group Ltd reported its highest ever annual profit and dividend

Fortescue will pay a final dividend of A$ 2.11 per share, up from A$ 1 a share last year, taking its total dividend for the year to A$ 3.58, or A$ 11 billion($ 8 billion). That will add about$ 1.8 billion to the wealth of the company's chairman and biggest shareholder Andrew Forrest, who is Australia's richest man with a net wealth of$ 17.8 billion according to Forbes. The miner shipped 182.2 million tonnes( Mt) of iron ore in fiscal 2021, and expects as much as 185 Mt to go out in fiscal 2022.

That shook confidence in Chinese stocks traded in New York, Hong Kong or London. More competition usually leads to lower prices, better service and more economic growth.... Trump's successor, President Joe Biden, hasn't said what he will do about TikTok. HOW ARE SHARE PRICES AFFECTED?... Alibaba's New York-traded stock is off 19% while online retailer JD. com Inc.is down 17%....

SINGAPORE's Keppel posted a more than four-fold rise in its full-year profit on Thursday, primarily

The year 2018 saw a mix of conflict and cooperation among the three global economic powers, the United States, China, and European Union. During his first year in office Donald Trump eschewed confrontational trade policies over which corporate America is divided in favor of a domestic policy agenda

KUALA LUMPUR: Yinson Holdings Bhd, which posted a net profit of RM65mil in the fourth quarter ended

KUALA LUMPUR: CIMB Group Holdings Bhd, which posted a net profit of RM854. 51mil in the fourth

Up to 290, 000 Tesco workers are to get a pay bonus after the firm revealed its annual profits more

NEW YORK— Online behemoth Amazon is reporting strong fourth-quarter sales and profits even as it

underlying replacement cost profit, the company's definition of net earnings, reached$ 4.1 billion in the