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March 2 Canada's SNC-Lavalin Group Inc reported a 16.4 percent fall in quarterly revenue on Thursday due to weakness in its engineering and construction business.
The company's net income attributable to shareholders fell to C$1.6 million ($1.20 million), or 1 Canadian cent per share, in the fourth quarter ended Dec. 31, from C$49.2 million, or 33 Canadian cents per share, a year earlier.
Montreal, Quebec-based SNC's revenue fell to C$2.21 billion from C$2.65 billion.
SNC also raised its quarterly dividend by 5 percent to 27.3 Canadian cents per share. ($1 = C$1.34) (Reporting by John Benny in Bengaluru; Editing by Maju Samuel)
NEW YORK, May 23 Financial and technology companies led by Bank of America Corp, SBI Holdings Inc , HSBC Holdings Plc, Intel Corp and Temasek Holdings have invested $107 million in R3 CEV, a startup which runs a big bank consortium seeking to develop blockchain technology, it said on Tuesday.