(Alliance News) - Shell PLC on Thursday reported a surge in earnings in the first quarter of 2022 as the firm benefitted from soaring energy prices, despite seeing a nearly USD4 billion charge from exiting Russia. Read More
(Alliance News) - Stock prices in London opened sharply higher on Thursday after the US Federal reserve assuaged fears over further aggressive monetary policy tightening, while positive updates from Mondi and Shell boosted the FTSE 100. Read More
(Alliance News) - Shell on Thursday reported a substantial rise in first-quarter earnings due to the surging price of oil, even as it joined energy peers in taking a write-down from exiting Russia following the invasion of Ukraine. Read More
(Alliance News) - Stock prices in London were seen opening higher on Thursday, tracking gains in US equity markets overnight, after the US Federal Reserve played down chances of a large interest rate hike in the near future. Read More
(Alliance News) - Climate activists on Wednesday disrupted annual shareholder meetings of British banks Barclays PLC and Standard Chartered PLC, angry at the firms' funding of fossil fuel projects. Read More
(Alliance News) - The FTSE 100 crept into the new week after the bank holiday, with traders digesting a bounce-back for stocks in New York overnight and sharp losses in Europe on Monday. Read More
(Alliance News) - Stock prices in London were lower at midday on Tuesday following the long bank holiday weekend in the UK, as markets globally prepare for a sharp US interest rate hike and similar moves by other central banks as they struggle to control inflation. Read More
(Alliance News) - Stock prices in London opened lower on Tuesday following the long bank holiday weekend, with BP shares rising as the oil major planned to return cash to shareholders amid calls by some UK politicians for a windfall profit tax on energy companies. Read More
(Alliance News) - TotalEnergies SE on Monday reported the start of production from the first development phase of the Mero field, offshore Santos Basin in Brazil. Read More
(Alliance News) - Shell PLC on Friday said it has agreed to buy Sprng Energy for USD1.55 billion to expand into the renewable power space in India. Read More
(Alliance News) - Shell PLC on Thursday said its subsidiary Shell Brasil Petroleo Ltda signed a production sharing contract to acquire a 25% stake of the Atapu field. Read More
(Alliance News) - Stocks in London ended mixed on Tuesday as earlier gains faded after US equity markets fell sharply at the open, while heavyweight oil majors helped keep the FTSE 100 in the green. Read More
(Alliance News) - Egdon Resources PLC on Tuesday reported a swing to an interim profit following the announcement that its partner Shell PLC withdrew two UK North Sea licenses during April. Read More
(Alliance News) - Stocks in London ended sharply lower on Monday on fears that Covid-19 lockdowns will extend to China's capital city, as cases spike. Read More
(Alliance News) - Stocks in London ended lower on Tuesday, following the long Easter weekend, after the IMF warned Russia's invasion of Ukraine will weigh heavily upon global economic growth. Read More
(Alliance News) - London stocks got off to a disappointing start to the Easter-shortened week, amid worries about global growth prospects and trepidation as US earnings season continues in full force. Read More
(Alliance News) - Energy sector earnings should drive UK PLC's first quarter outturn as investors hunt for indicators of broader economic health, UBS has said ahead of the start of earnings season. Read More
