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Telefónica misses copper switch off deadline, but net income up 79% year-on-year during Q1 datacenterdynamics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from datacenterdynamics.com Daily Mail and Mail on Sunday newspapers.
International Business: StanChart lowers income target, launches $1 bln share buyback as profit jumps 18 % gdnonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gdnonline.com Daily Mail and Mail on Sunday newspapers.
HONG KONG/LONDON (Reuters) -Standard Chartered PLC on Friday rewarded shareholders with dividends and a fresh $1 billion buyback as profit rose 18%, but set out underwhelming growth forecasts that will concern investors amid worries about global banks' exposure to China. The bank reported 2023 statutory pre-tax profit rose to $5.09 billion, in line with forecasts, and announced a $1 billion share buyback and a jump in dividend. But the Asia-focused lender set out restrained new guidance, saying it expected income to grow at the higher end of 5-7% in 2024, lower than the previous estimate of 8-10% given last October. ....
International Business: StanChart lowers income target, launches $1 bln share buyback as profit jumps 18 % gdnonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gdnonline.com Daily Mail and Mail on Sunday newspapers.