Author: News Room

The Board of Directors of Procter & Gamble declared an increased quarterly dividend of $0.9407 per share on the Common Stock payable on or after May 15, 2023 to Common Stock shareholders of record at the close of business on April 21, 2023. This represents a three percent increase compared to the prior quarterly dividend. This dividend increase will mark the 67th consecutive year that P&G has increased its dividend and the 133rd consecutive year that P&G has paid a dividend since its incorporation in 1890. It reinforces our commitment to return cash to shareholders, many of whom rely on…

BANGKOK (Reuters) – Thailand’s economy is expected to grow 3.6% this year, Bank of Thailand (BOT) governor Sethaput Suthiwartnarueput said on Monday, adding that fiscal an monetary policy should prioritize stability rather than economic stimulus. “The economy is resilient and is able to withstand multiple shocks,” Sethaput told TV channel JKN-CNBC. The economy grew 2.6% last year. The BOT last month raised interest rates a quarter a percentage point to 1.75% The BOT has raised its key rate by a total of 125 basis points since August, less aggressive than many of its regional peers. “Policy normalisation will continue, but…

By Barani Krishnan  Investing.com – stockpiles saw a build in the just-ended week, the government agency for energy data reported in data that showed the Biden administration pulled oil again from the nation’s reserves in a bid to ease tight market supply that could lead to inordinately high fuel prices. But demand for fuel also slackened last week, the Weekly Petroleum Status Report from the Energy Information Information, or EIA, showed. That weakened the debate on whether the reserve pull had a biased negative impact on the report. in storage rose by 0.597 million barrels during the week ended April…

Twitter owner and Chief Executive Elon Musk has dispensed with the social-media site’s moniker for corporate purposes, and chosen to house the company in a shell company called X Corp. Musk, who’s also CEO of Tesla Inc. TSLA and Space X , cryptically tweeted earlier Tuesday: And that was followed up by a Bloomberg News report early Tuesday… Read the full article here

Shares of Dow and Home Depot are seeing strong returns Wednesday morning, lifting the Dow Jones Industrial Average into positive territory. The Dow DJIA is trading 166 points, or 0.5%, higher, as shares of Dow DOW and Home Depot HD have contributed to the index’s intraday rally. Dow’s shares have risen $1.14, or 2.0%, while those of Home Depot are up $3.78, or 1.3%, combining for an approximately 32-point boost for the Dow. Also contributing significantly to the gain are Walt Disney DIS, Goldman Sachs GS, and Visa V. A $1 move in any one of the 30 components of…

US forces captured an ISIS operative and two of his associates in eastern Syria on Saturday evening, the US military announced on Wednesday. The operative, Hudayfah al Yemeni, is an “ISIS attack facilitator,” a news release from US Central Command said. He and his associates were captured by US forces during a helicopter raid on Saturday. Their capture will “disrupt” ISIS’ “ability to plot and carry out operations,” according to the release. “Operations against ISIS are important for the security and stability of the region,” Col. Joe Buccino, a CENTCOM spokesperson, said in the release on Wednesday. “ISIS remains a…

US energy secretary Jennifer Granholm said on Wednesday that the federal government could begin buying oil to replenish an emergency stockpile later this year, “if it is advantageous to taxpayers”.The comments indicated that the US could quickly shift tack after completing congressionally mandated sales from the Strategic Petroleum Reserve, ending more than 18 months of historic releases that were designed to hold down petrol prices and counter high inflation. Purchases would start in the second half of the year, Granholm indicated, after the completion of sales “in the June-July timeframe.“Then we will look to take advantage of prices if it…

Energy Transfer LP (NYSE:ET) is one of the largest midstream master limited partnerships in the United States. The company boasts a network of infrastructure that stretches across much of the Central and Eastern regions of the nation. This is a good place to be in, as a significant part of this infrastructure is dedicated to natural gas, which makes this likely to be a growth area for the company as demand for natural gas is growing rapidly. This is important as the demand for natural gas is growing rapidly across both regions due to a number of liquefied natural gas…

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RobotEra has garnered a lot of attention from the crypto and gaming communities alike. This gaming ecosystem provides an immersive virtual universe that enables users to explore and interact with other players as a unique NFT-based avatarRobotEra is shaping up to be the most popular and biggest metaverse crypto project with massive investment appeals.The Metaverse World of RobotEra The RobotEra is a decentralized metaverse-based gaming platform that integrates a Sanbox-like virtual real estate setup. The metaverse ecosystem introduces members to a virtual planet called Taro. Taro was once a flourishing planet with friendly dwellers until a group of robots invaded the planet in a…