Duke Energy raises quarterly dividend to $1.085 per share

By Anup Roy   The operator of India’s ubiquitous mobile payments network plans to tap the country’s vast overseas diaspora as a springboard for global expansion, aiming to make the platform a preferred way to transact money across borders.   “Is it possible to get 15-20 markets in the next 10 years’…

Import businesses have felt the impact as rerouted cargo vessels clog unprepared African ports, tying up inventory. Asset-light corporations are becoming asset-heavier organizations as the on-again, off-again closure of the Strait of Hormuz continues to disrupt global supply chains. During the 30 days preceding Aug. 17, an average of 16.9 ships passed through the Strait…

Buy-now, pay-later plans have had a huge effect on consumer behavior, but they may play a larger role in retailers’ actions than was previously thought. New research from Olin Business School at Washington University in St. Louis suggests the growing payment option can influence retail prices and inventory decisions as well as increase the financial…

Ambrey Coordinates Emergency Salvage of Oil Spill from Grounded Russian Tanker off Oman Major Oil Spill Response and Salvage Operations LONDON, Aug 13 (Reuters) – Risk management firm Ambrey said on Thursday it was coordinating the salvage of a ship spilling Russian crude into the Arabian Sea off the coast of Oman in one of…

The automaker’s second safety campaign in a week was triggered by a wiring harness defect in Bronco and Bronco Raptor SUVs that ‘may create heat or spark, resulting in fire.’ Ford has recalled nearly 2 million vehicles this month.