- Reuters•10 minutes ago
Royal Dutch Shell (RDSa.L) has disappointed investors with a 72 percent fall in quarterly profit that it blamed on weak oil prices and costs related to its $54 billion takeover of BG Group, showing how much strain it faces after the bumper deal. Shell missed analysts' estimates for second-quarter current cost of supplies - its definition of net income - by $1.1 billion mainly because they had expected a better performance at the upstream division, which lost $1.3 billion, compared with a $469 million deficit last year. "Lower oil prices continue to be a significant challenge across the business, particularly in the upstream (sector)," said Chief Executive Ben van Beurden, who said last month he wanted Shell to be the best oil company for investor returns.
- Financial Times•34 minutes ago
Thursday 10:30 BST. Equity markets are struggling for direction as investors digest the US Federal Reserve's policy statement and prepare for the latest decision from the Bank of Japan. In one of the busiest ...
|Bid||1,971.00 x 216300|
|Ask||1,971.50 x 249300|
|52wk Range||1,256.00 - 2,127.40|
|Day's Range||1,962.00 - 2,000.00|
|Avg Vol (3m)||6,475,914|
As of 6:37 AM EDT. LSE Delayed Price. Market open.