About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

CitiGroup Inc chief executive Jane Fraser was handed a 6% pay increase in 2023 to US$26 million as the bank planned its largest restructuring in decades. Fraser was paid a US$1.5 million base salary and granted a US$24.5 million bonus ahead of the reshuffle, which is set to see 20,000 jobs cut over the coming months. Citi laid out the plans to cut its workforce by 10% last month, with this set to take place by 2025 or 2026. News of Fraser’s pay increase also comes after Citi reported a US$1.8 billion quarte ...

Legal & General, NVIDIA along with S&P index trackers and funds accessing money markets and the Indian stock market were among the top purchases for investors using Lifetime ISA accounts in the tax year to end of January for the UK's largest investment platform.  L&G, Lloyds Banking Group PLC, British American Tobacco PLC, NVIDIA and Vodafone Group PLC were the top share buys with LISA customers at Hargreaves Lansdown, while several government bonds were also favoured.  Topping the funds list was an S&P 500 ...

Walt Disney Co (NYSE:DIS, ETR:WDP), Fox Corp (NASDAQ:FOXA) and Warner Bros Discovery Inc (NASDAQ:WBD, ETR:J5A) have come under fire from FuboTV after proposing a three-way sports streaming service earlier this month. Fubo, itself a sports streaming platform, said it had filed an antitrust lawsuit against the trio on Tuesday, arguing such a service would destroy competition and inflate prices. Today, Fubo is fighting back. We have filed a lawsuit against Walt Disney, FOX, Warner Bros. Discovery and their af ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

It has been a jam-packed fourth-quarter earnings eve for Nvidia Corp, with the fabless semiconductor titan overtaking Tesla Inc (NASDAQ:TSLA, ETR:TL0) as Wall Street’s most-traded stock, all the while getting slapped over 6% lower in morning US trades. Data compiled by the London Stock Exchange Group and shared by Reuters shows that Nvidia’s 30-day average turnover has flipped Tesla Inc, making it officially Wall Street’s number-one trade. This follows Nvidia’s market capitalization flipping Google parent ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

Ryanair boss Michael O’ Leary said the problems at Boeing mean it will be at least seven news planes shy of the number it expected to receive this summer. “We still think it's somewhere between seven and 10 but there's a risk it could be worse than that. “A lot depends on what comes out of the FAA review which is due to complete, I think, in two weeks," the Irish airline boss said in an interview. Boeing has been hit by ongoing operational woes in 2024, with its fleet of 737 Max 9s grounded after a door ble ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...