By Devika Krishna Kumar and Florence Tan NEW YORK/SINGAPORE (Reuters) – Oil prices rose more than 20% this year but there were no sharp spikes and crude futures barely sniffed $70 a barrel despite attacks on the world’s biggest oil producer, sanctions that crippled crude exports of two OPEC members and gigantic supply cuts from […]
ZURICH (Reuters) – Swiss chocolate maker Lindt & Spruengli <LISN.S> <LISP.S> on Tuesday proposed a sweeter payout to shareholders, increasing its dividend by 75% to mark its 175th anniversary. Chocolate makers are facing sluggish growth, particularly in saturated U.S. and European markets, as consumers often opt for healthier snacks these days, but Lindt has fared […]
By Lucia Mutikani and Heather Timmons WASHINGTON (Reuters) – Last week’s record-setting U.S. jobless claims number will be quickly surpassed, economists and state officials predict, as local labor offices digest a pile of pending applications, and the new stimulus bill extends benefits to the self-employed. According to a Reuters survey of economists, initial claims for […]
