March 12 (Reuters) - Spotify ( SPOT ) paid $10 billion in royalties to the music industry in 2024, the company said in a statement on Wednesday. (Reporting by Gnaneshwar Rajan in Bengaluru) ...

(Reuters) - Hong Kong's Cathay Pacific Airways ( CPCAF ) reported a marginal 1% rise in its full-year profit on Wednesday, driven by higher passenger volumes and lower fuel prices, partly offset by a continued normalisation of passenger yields in the second half. Hong Kong's flagship airline posted a net profit of HK$9.89 billion ($1.27 billion) for the full year...

(Reuters) - Spotify ( SPOT ) said on Wednesday it paid $10 billion in royalties in 2024, the largest payout to the music industry in a single year. Nearly 1,500 artists earned over $1 million in royalties from Spotify ( SPOT ) last year, the Swedish streaming giant said. Spotify ( SPOT ) said its yearly payout to the music...

WASHINGTON (Reuters) - U.S. President Donald Trump's increased tariffs on steel and aluminum imports took effect on Wednesday as prior exemptions, duty free quotas and product exclusions expired, as his campaign to reorder global trade norms in favor of the U.S. stepped up. Trump's action to bulk up protections for American steel and aluminum producers restores effective global tariffs of...