Shell reports record 1st-quarter earnings as oil prices soar
LONDON (AP) — Energy giant Shell reported record first-quarter earnings after a surge in oil prices, fueling calls for the…
2022
Conocophillips Profit Rises On Strong Crude Prices
(Reuters) – U.S. oil producer Conocophillips reported a higher first-quarter profit on Thursday, helped by a surge in crude prices…
Musk Secures Over $7 Billion Funding From Investors Including Larry Ellison
(Reuters) – Elon Musk has secured $7.14 billion in funding from a group of investors that includes Oracle Corp co-founder…
Oil Climbs On Supply Jitters As EU Plans Russian Oil Ban
By Bozorgmehr Sharafedin , LONDON (Reuters) -Oil prices extended gains on Thursday on supply concerns after the European Union laid…
Didi, Lenovo Founders Go Private On China Social Media, Join Retreat From Spotlight
By Josh Ye HONG KONG (Reuters) – The president of Chinese ride-hailing giant Didi Chuxing and her father, the founder…
OPEC+ opens oil taps gradually as Russian war roils markets
LONDON (AP) — OPEC and allied oil-producing countries decided Thursday to gradually increase the flows they send to the world,…
Bank Of England Set For 4th Straight Rate Hike To Fight Inflation
By William Schomberg LONDON (Reuters) – The Bank of England looks poised to raise interest rates on Thursday for the…
German Industrial Orders Fall As Ukraine War Dampens Demand
BERLIN (Reuters) -German industrial orders fell more than expected in March, driven mainly by a reduction in orders from abroad…
Shell Posts Record Quarterly Profit, Lifted By Energy Price Surge
By Ron Bousso and Shadia Nasralla LONDON (Reuters) -Shell on Thursday reported a record first-quarter profit of $9.13 billion, boosted…
Turkey’s Inflation Surges To 20-year High Of 70% In April
ISTANBUL (Reuters) – Turkey’s annual inflation jumped to 69.97% in April, above forecast and at a two-decade high, according to…