Luca Maestri

Dollar’s Sudden Weakness Could Help U.S. Profit Picture

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Stock investors could have at least one less worry in the next earnings period: the suddenly limp U. S. dollar. The greenback, whose strong rally after the Nov. 8 U.S. election hit profits at many U.S. multinationals in the fourth quarter, has had a sharp reversal since the start of the year. Coupled with comments … Read more

Apple Boss’s Salary and Bonuses Fall

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Apple chief executive Tim Cook saw his salary and bonus slide in the last financial year, but his income from the sale of shares jumped dramatically. Mr Cook was paid $8.75m (£7.1m) in salary and bonus in 2016, down from $10.3m the previous year. All Apple’s named executives saw their salary and bonus payments fall … Read more