Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
The Goldman Sachs technology M&A team, led by Sam Britton, has cashed in on its software focus and decades of experience to dominate 2019's biggest deals.Technologyread more
American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
Trump does have some powerful tools that would not require approval from U.S. Congress.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
May 2 (Reuters) - National Australia Bank Ltd posted a 7 percent rise in first-half cash profit on Thursday, but cut its dividend as the country's fourth-largest lender grapples with rising costs of compensating customers.
Cash earnings came in at A$2.95 billion ($2.07 billion) for the six months ended March 31, compared with A$2.76 billion a year earlier. The result was slightly below a Reuters poll of seven analysts, who forecast A$3 billion.
NAB, which has maintained a dividend of 99 Australian cents per share for every six months since 2014, cut its interim dividend to 83 Australian cents per share.
The cut, its first since 2009, reduces the company's relatively high payout ratio compared to its three larger peers. ($1 = 1.4253 Australian dollars)
(Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Shounak Dasgupta, Stephen Coates)