Shell beats forecasts with $6.3 billion second quarter profit
Shell reported second-quarter profit of $6.3 billion, a drop of 19% from the previous three months as refining margins and oil and gas trading weakened, though still
August 01, 2024Shell reported second-quarter profit of $6.3 billion, a drop of 19% from the previous three months as refining margins and oil and gas trading weakened, though still
August 01, 2024U.S. stocks tumbled after weak data raised worries the Federal Reserve may have missed its window to cut interest rates before undercutting the economy’s growth
August 01, 2024London Stock Exchange Group's income rose strongly in the first half, beating analysts' expectations, helped by progress with its Microsoft joint venture, as well as a
August 01, 2024Japanese trading houses Mitsui and Mitsubishi posted increases in first-quarter net profit thanks to asset sales and a weaker yen, beating estimates.
August 01, 2024Meta soared nearly 9% on Thursday after its rosy revenue growth signaled that strong digital-ad spending on its social media platforms can cover the
August 01, 2024The Bank of England is cutting interest rates for the first time since the onset of the COVID-19 pandemic in early 2020
August 01, 2024Once seen as a cautious policy dove, Bank of Japan Governor Kazuo Ueda is now presenting himself as a determined hawk who's not afraid to lift interest rates a few
August 01, 2024The Bank of Japan said on Thursday there was a chance wage and price growth could overshoot expectations as labour markets tighten.
August 01, 2024As U.S. rate cuts come into view, investors are confronting a new challenge: figuring out whether the Federal Reserve will be able to ease
August 01, 2024A look at the day ahead in European and global markets from Stella Qiu All eyes are on the Bank of England today, now that the Bank of Japan delivered its second interest rate hike in 17
August 01, 2024U.S.
August 01, 2024The dollar gained on Thursday as rising geopolitical tensions drove a safe-haven boost, while the British pound fell after the Bank of England cut interest rates
August 01, 2024Singapore's Keppel on Thursday posted a rise in first-half underlying profit on upbeat performances at its infrastructure and connectivity segments, with the company moving ahead in its
July 31, 2024Singapore's United Overseas Bank (UOB) reported a 40% surge in wealth management income during the second quarter and said it was looking at opportunities in
July 31, 2024The Bank of England looks in a position to cut interest rates on Thursday after holding them at a 16-year high of 5.25% for the past year, though markets and
July 31, 2024Chip-making tools supplier Lam Research forecast September quarter revenue above Wall Street estimates on Wednesday, anticipating a surge in orders from chip firms amid the AI boom.
July 31, 2024Brazil's central bank on Wednesday kept interest rates unchanged at a second consecutive policy meeting, as expected, flagging a need for "more vigilance" in
July 31, 2024MetLife reported a better-than-expected second-quarter profit on Wednesday, driven by strong performance in its group benefits unit.
July 31, 2024Life and health insurer Aflac reported second-quarter profit above analysts' estimates on Wednesday, helped by higher premiums earned in its U.S. unit.
July 31, 2024A look at the day ahead in Asian markets.
July 31, 2024CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could cause the July 19
July 31, 2024Etsy beat Wall Street expectations for second-quarter revenue and gross merchandise sales on Wednesday, helped by steady demand for personalized gifts at its online marketplace.
July 31, 2024Albemarle, the world's largest lithium producer, said on Wednesday it would slash costs for the second time this year and that everything but its dividend could be on
July 31, 2024MGM Resorts International beat Wall Street's second-quarter estimates on Wednesday, thanks to a strong recovery in Macau following the easing of pandemic-related restrictions last year.
July 31, 2024American International Group reported a smaller-than-expected rise in second-quarter profit on Wednesday, hurt by lower underwriting income in its general insurance unit tied to
July 31, 2024