A pump jack operates at a well site leased by

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FILE PHOTO: A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma, September 15, 2015. REUTERS/Nick Oxford

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HSBC Hong Kong shareholders mull legal action over dividend suspension

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By Sumeet Chatterjee, Felix Tam and Lawrence White HONG KONG/LONDON (Reuters) – HSBC <HSBA.L> shareholders in Hong Kong are calling for an extraordinary meeting with the bank’s management and considering legal action against its decision to scrap dividend payments. HSBC and other top British banks on Wednesday announced the suspension of dividend payouts after pressure […]
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India permits resumption of some industries in rural areas next week

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NEW DELHI (Reuters) – India will allow opening up of some industries in rural areas after April 20 to reduce the distress caused to millions of people because of a prolonged lockdown to halt the spread of coronavirus, the government said on Wednesday. The government will also allow farm activities, construction of roads and buildings […]