06:11 AM EDT, 03/25/2025 (MT Newswires) -- Dropbox ( DBX ) activist investor Half Moon Capital has proposed the removal of the company's dual-class share structure, claiming that it gives chief executive officer and co-founder Drew Houston control over the cloud storage company, the Wall Street Journal reported late Monday, citing people familiar with the matter. Half Moon also claimed...

06:08 AM EDT, 03/25/2025 (MT Newswires) -- Shell (SHEL) said Tuesday on Capital Markets Day it will raise shareholder distributions to 40-50% of cash flow from operations from 30-40% previously, while keeping its 4% annual dividend rate. The company also said it aims to strengthen its position in liquefied natural gas by increasing sales by 4-5% annually until 2030. This...

06:12 AM EDT, 03/25/2025 (MT Newswires) -- Emerging market (EM) currencies have weakened modestly against the US dollar over the past week having lost upward momentum, said MUFG. The worst-performing EM currencies have been Turkey's TRY (-3.4% versus the USD), Russia's RUB (-3.2% versus the USD), Hungary's HUF (-1.9%) and Brazil's BRL (-1.6%), wrote the bank in a note to...

MONTREAL (Reuters) - Escalating U.S. tariffs and Canadian retaliatory duties could raise costs on items from aircraft components to engine repairs, according to aerospace trade groups in Canada, as a fresh round of the U.S.-led trade war looms. U.S. President Donald Trump's administration is set to enact reciprocal tariffs on trading partners on April 2, widening a dispute that has...