Tag: hike

Home » hike
Oil giant Shell reveals plans to hike dividend as it reports third-quarter profit
Post

Oil giant Shell reveals plans to hike dividend as it reports third-quarter profit

The logo of Shell on an oil storage silo, beyond railway tanker wagons at the company’s Pernis refinery in Rotterdam, Netherlands, on Sunday, Oct. 23, 2022. Bloomberg | Bloomberg | Getty Images British oil major Shell reported a third-quarter profit Thursday, but lower refining and trading revenues brought an end to its run of record...

Post

Shell profits more than double to $9.5bn; European Central Bank to hike interest rates – business live | Currencies

Key events Filters BETA Key events (5)Shell (11)UK (7)Rishi Sunak (6)Europe (3) Labour urges ‘proper windfall tax’ on energy firms Labour has called for a “proper windfall tax” on energy companies. Ed Miliband, Labour’s shadow climate change and net zero secretary, said: As millions of families struggle with their energy bills, the fact that Shell...

Skittles, Reese’s and other popular Halloween candies see price hike
Post

Skittles, Reese’s and other popular Halloween candies see price hike

Americans have felt the effects of high inflation on groceries, gas, rent and now, as Halloween approaches, candy. According to the National Retail Federation, people are estimated to spend more than $3 billion on Halloween candy this year. The 10 most popular candy brands, plus assortment bags, have seen an average price increase of 13%...

Bank of England likely to go for a bigger than 75-bp rate hike: Report
Post

Bank of England likely to go for a bigger than 75-bp rate hike: Report

Whether the Bank of England delivers a 75-basis-point increase in interest rates on November 3 or goes for an bigger lift to tamp down inflation is a close call among economists polled by Reuters . Rising borrowing costs are part of a cost of living crisis hammering consumer spending as Sunak becomes Britain’s third...

US, European shares rise on hopes Fed will slow interest rate hike pace
Post

US, European shares rise on hopes Fed will slow interest rate hike pace

U.S. and European shares rose on Monday as signs of a cooling U.S. economy raised hopes that the Federal Reserve will slow its pace of rate hikes. The dollar weathered another suspected Japanese intervention to rise against the yen. The Dow Jones Industrial Average rose 346.66 points, or 1.12%, to 31,429.22,...

Pilots, officers apprehensive of SpiceJet’s salary hike announcement
Post

Pilots, officers apprehensive of SpiceJet’s salary hike announcement

Days after SpiceJet announced a salary hike for its pilots, a section of captains and first officers of the airline has expressed apprehension about the implementation of the revised remuneration citing terms and conditions. In a communication to pilots on October 19, SpiceJet said effective November 1, 2022, its captains’ salaries will...

Govt cheating farmers, MSP hike less than even inflation rate: Congress
Post

Govt cheating farmers, MSP hike less than even inflation rate: Congress

The Congress on Saturday accused the Modi government of cheating farmers and said the Minimum Support Price for rabi crops announced by it is even lesser than the rate of inflation. Congress general secretary Randeep Surjewala said even as the BJP dispensation is patting its back for MSPs, it has in fact...

YouTube Premium family plan gets a $5 monthly price hike
Post

YouTube Premium family plan gets a $5 monthly price hike

In a nutshell: YouTube Premium for families is getting a price hike that’ll bring the service more in line with its moniker. The YouTube Premium family plan now commands $22.99 per month for new subscribers, up from the previous $17.99 rate. A subscription offers an ad-free YouTube and YouTube Music experience for the primary account...

CEOs of Indian companies get nearly 4% compensation hike in FY22
Post

CEOs of Indian companies get nearly 4% compensation hike in FY22

The Chief Executive Officers (CEOs) of Indian companies got an average hike of 4 per cent on their compensation in FY22, reported The Economic Times. This is a moderate increase from the pre-pandemic period. According to members of nomination and pay committees of several blue-chip corporations, there is a growing trend of...