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Oil Giant Shell Posts Highest-Ever Annual Profit of $40 Billion

Shell reported adjusted earnings of $39.9 billion for the full-year 2022. This comfortably surpasses the $28.4 billion in 2008 which Shell said was the firm's previous...

ANA, JAL see profits soar on travel recovery

Japan's leading air carriers ANA Holdings and Japan Airlines posted net profits for the nine months to December, turning around losses as domestic and international travel...

Italy’s TIM says it received non-binding bid for network from KKR

MILAN, Feb 2 (Reuters) - Telecom Italia (TLIT.MI) has received a non-binding bid for a stake in its fixed-line network from U.S. investment firm KKR (KKR.N), Italy's biggest phone group

Shell reports highest profits in 115 years

Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia's invasion of Ukraine. The company reported adjusted earnings...

Bank of England poised to lift interest rates to 14-year high – business live

Rolling coverage of the latest economic and financial news

Shell rakes in $40bn in profits on back of surging gas prices

Huge rises in wholesale gas prices since Russian invasion of Ukraine more than doubles Anglo-Dutch group’s profits from 2021

“I Was Buying Things I’d Never Normally Splurge On”: People Are Sharing Their Buy Now, Pay Later Regrets

"It’s so easy to get caught up in those payment forms. You see payments of $20 and think you can do that. Next thing you know, you owe $600 to

Markets finish strong

Stocks turned around early losses to...

Shell makes record $40 billion annual profit

LONDON, Feb 2 (Reuters) - Shell (SHEL.L) delivered a record $40 billion profit in 2022, it said on Thursday, capping a tumultuous year in which Russia's invasion of Ukraine allowed

Nasdaq Crypto Index rose 37.2% in January – amid bullish market sentiment

In a sign of the changing market sentiments, the Nasdaq Crypto Index (NCI) booked monthly returns of 37.2% in January — the third-highest monthly return since...

The U.S. Fed’s Smaller Rate Hike Brings Dollar Strength Closer to Its End

The DXY fell 0.3% during Asia's morning session to 100.91, hovering at the lowest levels that it's seen since April 2022, according to Refinitiv data. "The...

Altcoin Surges 18%, Surpassing Bitcoin Gains, On Top Ethereum Whales Intake

Mask Network MASK/USD is soaring 18% in the last 24 hours, outperforming Bitcoin BTC/USD and Ethereum ETH/USD gains. What Happened: According to WhaleStats, MASK is now...

Aave (AAVE) And FTX Token (FTT) Remain Stable, Orbeon Protocol (ORBN) Prices Up 1400% In Presale

As we entered the new year, several cryptocurrencies managed to soar in the past few weeks. However, many coins appear to have cooled off as their...

Is WisdomTree India Earnings ETF (EPI) a Strong ETF Right Now?

EPI - Free Report) provides investors broad exposure to the Asia-Pacific (Emerging) ETFs category of the market. Products that are based on market cap weighted indexes,...

Hong Kong Services to Rebound as China Reopens, But UBP Says Sector Is Coming From ‘Fragile Situation’

Hong Kong's service sector will be the part of economy that sees "the biggest rebound" as borders reopen, UBP told CNBC's "Squawk Box Asia" on Thursday....

European Markets Head for Positive Open With Central Bank Decisions Ahead

This is CNBC's live blog covering European markets. European markets are heading for a positive open as investors digested the latest move by the U.S. Federal...

Hopes Dashed for India’s Crypto Community

The expectations of millions of cryptocurrency holders in India were dashed when the country's federal budget for the year 2023 included no reference to cryptocurrencies or...

Inflation in Pakistan at 48-yr high

Islamabad, Feb 2 (SocialNews.XYZ) While mired in a terrible economic crisis, Pakistans inflation created a new record in January and reached the highest level after 1975, mainly due to supply

Sony CFO to lead entertainment-electronic giant as president

TOKYO (AP) — Sony appointed a veteran executive as its president Thursday to lead...

Sony taps president to steer entertainment-electronic empire

TOKYO (AP) — Sony appointed a veteran executive as its president Thursday to lead the Japanese electronics and entertainment conglomerate through times of change. Hiroki Totoki,...

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