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Reuters

Shell Posts Record Quarterly Profit, Lifted By Energy Price Surge
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  • Reuters

Shell Posts Record Quarterly Profit, Lifted By Energy Price Surge

The Cheap InvestorMay 5, 20220

By Ron Bousso and Shadia Nasralla LONDON (Reuters) -Shell on Thursday reported a record first-quarter profit of $9.13 billion, boosted…

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  • Reuters

Turkey’s Inflation Surges To 20-year High Of 70% In April

The Cheap InvestorMay 5, 20220

ISTANBUL (Reuters) – Turkey’s annual inflation jumped to 69.97% in April, above forecast and at a two-decade high, according to…

ArcelorMittal Increases Buyback Program, Sees Global Steel Dip
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ArcelorMittal Increases Buyback Program, Sees Global Steel Dip

The Cheap InvestorMay 5, 20220

By Marine Strauss BRUSSELS (Reuters) – ArcelorMittal reported higher-than-expected core profit in the first quarter on Thursday, but said it…

Oil Climbs Higher On Supply Jitters As EU Lays Out Russian Oil Ban
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Oil Climbs Higher On Supply Jitters As EU Lays Out Russian Oil Ban

The Cheap InvestorMay 5, 20220

By Florence Tan (Reuters) – Oil prices extended gains on Thursday on supply concerns as the European Union proposal laid…

Shell Posts Record Profit On High Energy Prices And Trading Boost
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  • Reuters

Shell Posts Record Profit On High Energy Prices And Trading Boost

The Cheap InvestorMay 5, 20220

LONDON (Reuters) – Shell reported on Thursday a profit of $9.13 billion in the first quarter, its highest ever, boosted…

Air France-KLM Beats Earnings Forecasts As Summer Bookings Take Off
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Air France-KLM Beats Earnings Forecasts As Summer Bookings Take Off

The Cheap InvestorMay 5, 20220

PARIS (Reuters) – Air France-KLM posted a first-quarter core profit that landed ahead of its own forecasts, fuelled by a…

Japan Says Difficult To Immediately Follow Russia Oil Embargo
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Japan Says Difficult To Immediately Follow Russia Oil Embargo

The Cheap InvestorMay 5, 20220

TOKYO (Reuters) – Japan would face “difficulty” to immediately follow a move to cut off Russian oil imports over the…

Rio Tinto Keen For Talks To Revive Serbian Lithium Project
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Rio Tinto Keen For Talks To Revive Serbian Lithium Project

The Cheap InvestorMay 5, 20220

By Sonali Paul MELBOURNE (Reuters) -Rio Tinto is eager to reopen talks with the Serbian government about its $2.4 billion…

Asian Shares Firm As Fed Tempers Aggressive Rate Hike Bets
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Asian Shares Firm As Fed Tempers Aggressive Rate Hike Bets

The Cheap InvestorMay 4, 20220

By Alun John and Selena Li HONG KONG (Reuters) – Asian shares tracked Wall Street gains on Thursday after the…

China's Services Activity Falls At Second Sharpest Rate On Record - Caixin PMI
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China’s Services Activity Falls At Second Sharpest Rate On Record – Caixin PMI

The Cheap InvestorMay 4, 20220

BEIJING (Reuters) – China’s services sector activity contracted at the second-steepest rate on record in April, as COVID curbs halted…

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