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Shell Q3 profit drops to $6.2 billion, group boosts buybacks
Shell Q3 profit drops to $6.2 billion, group boosts buybacks
By Ron Bousso and Shadia Nasralla LONDON (Reuters) -Shell reported on Thursday a 34% annual drop in third-quarter profit to
2023-11-02 16:29
Novo Nordisk’s Earnings Surge on Frenzy for Obesity Drugs
Novo Nordisk’s Earnings Surge on Frenzy for Obesity Drugs
Novo Nordisk A/S sales surged in the third quarter as demand continued unabated for its obesity and diabetes
2023-11-02 16:26
China Railway to Negotiate Tanzania-Zambia Line Concession
China Railway to Negotiate Tanzania-Zambia Line Concession
The Chinese government selected a state-owned company to negotiate a concession to operate a line connecting Zambia’s copper-mining
2023-11-02 16:26
US, China to Hold Nuclear Arms Talks Before Xi-Biden Meeting
US, China to Hold Nuclear Arms Talks Before Xi-Biden Meeting
The US is set to hold rare nuclear arms control talks with China amid growing concerns over Beijing’s
2023-11-02 16:23
Swiss Inflation Holds at 1.7%, Boosting Case for SNB Rate Pause
Swiss Inflation Holds at 1.7%, Boosting Case for SNB Rate Pause
Swiss inflation stalled in October, delaying an anticipated rebound and strengthening the case for Swiss National Bank officials
2023-11-02 16:21
World’s Largest Pension Fund Posts $4.5 Billion Quarterly Loss
World’s Largest Pension Fund Posts $4.5 Billion Quarterly Loss
Japan’s state pension fund, the world’s largest, posted a loss of ¥683.2. billion ($4.5 billion) on total assets
2023-11-02 16:15
Five SMBC Debt Capital Markets Bankers Leave Hong Kong Office
Five SMBC Debt Capital Markets Bankers Leave Hong Kong Office
SMBC Nikko Securities Inc.’s head of capital markets APAC ex-Japan and four of the firm’s other bankers have
2023-11-02 15:59
Billionaire Targeted by Hindenburg Emerges Richer and Unbowed
Billionaire Targeted by Hindenburg Emerges Richer and Unbowed
Timur Turlov is still trying to make sense of how Hindenburg Research’s bet against his Kazakh brokerage backfired
2023-11-02 15:53
ING Plans €2.5 Billion Buyback as Higher Rates Buoy Profit
ING Plans €2.5 Billion Buyback as Higher Rates Buoy Profit
ING Groep NV announced a bigger share buyback program than analysts had expected as higher interest rates continued
2023-11-02 15:51
Malaysia Keeps Key Rate Unchanged on Slowing Inflation
Malaysia Keeps Key Rate Unchanged on Slowing Inflation
Malaysia kept its benchmark interest rate unchanged for a third straight meeting on Thursday, as cooling price pressures
2023-11-02 15:47
Saudi Budget Deficit Blows Out to $9.5 Billion as Revenues Slip
Saudi Budget Deficit Blows Out to $9.5 Billion as Revenues Slip
Saudi Arabia posted a budget deficit in the third quarter that was almost seven times larger than in
2023-11-02 15:27
Eskom Says Its Coal Pollution Kills 330 South Africans a Year
Eskom Says Its Coal Pollution Kills 330 South Africans a Year
South African state power utility Eskom Holdings SOC Ltd. said pollution from its coal-fired plants that supply more
2023-11-02 15:24
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