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Italy’s UniCredit puts 2019 dividend, share buyback on hold after ECB recommendation
MILAN (Reuters) – Italy’s biggest bank, UniCredit <CRDI.MI>, said on Sunday it was putting on hold plans to pay dividends on 2019 results and to buy back shares to meet regulatory calls to preserve capital to support the economy against the coronavirus. The European Central Bank told euro zone banks on Friday to skip dividend […]
U.S. government says verdict in Bayer’s Roundup case should be reversed
(Reuters) – The U.S. Environmental Protection Agency and the Justice Department said a federal appeals court should reverse a lower court verdict finding Bayer AG liable in the case of a California man who blamed its Roundup weed killer for his cancer. The government said in a friend of the court brief filed on Friday […]
Australia jobless hits nine-month low, analysts give up on February rate cut
By Wayne Cole SYDNEY (Reuters) – Australian employment outpaced forecasts for a second month in December pushing the jobless rate to a nine-month low, a much-needed improvement that could forestall a near-term cut in interest rates. The local dollar climbed 0.47% to $0.6874 <AUD=D3> as the market sharply scaled back the chance of an easing […]