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stock index

Asian currencies were mostly lower

Asian currencies were mostly lower

BENGALURU: Shares in major Asian emerging economies gained on Monday, while currencies were mostly lower, as markets...
Published 13 Aug, 2024 07:02am
London Stock Exchange to consult shareholders on CEO pay hike
Markets

London Stock Exchange to consult shareholders on CEO pay hike

  • The LSE said it will continue to engage with its shareholders and carefully consider all further feedback before giving an update within six months.
  • A resolution to approve the pay rise was backed by 76.48% of shareholders at the annual meeting on Wednesday, with 23.52% voting against.
Published 28 Apr, 2021 07:41pm
Nikola, Lordstown shares drop in latest sign of turbulence for EV sector
Markets

Nikola, Lordstown shares drop in latest sign of turbulence for EV sector

  • Nikola shares were down 3.5% in premarket trading while Lordstown was trading 4.8% lower, adding to declines of roughly 50% from their highs this year amid concern about the electric truck makers' ability to delivery on technology, as well as worries about rising yields and valuation.
  • Nikola said on Wednesday that South Korea's Hanwha Corp has decided to sell up to half of its stake in the company.
Published 18 Mar, 2021 08:41pm