Business

Shell has revealed a giant fall within the second quarter of its monetary yr, largely on account of vitality costs plunging from their Russia-Ukraine conflict peak.The oil and gasoline main reported web earnings of simply over $5bn (£3.9bn) for the three months to the tip of June. The determine represents a drop of greater than 50% on the $11.5bn achieved in the identical interval final yr and fell in need of analysts' estimates.It was additionally effectively down on the $9.65bn sum the corporate raked in through the first three months of the yr.Shell stated it was, however, rewarding shareholders with an extra share buyback and hike to its dividend. Chief government Wael Sawan stated: "Shell delivered strong operational performance and cash flows in the...

WARSAW, Poland — Poland has made a criticism in opposition to Germany to the European Commission over tons of German waste, a few of it allegedly poisonous, introduced and saved in unauthorized landfills throughout Poland, officers mentioned Wednesday. ...

Crime, shoplifting and anti-social behaviour has elevated by over a 3rd in Co-op outlets prior to now 12 months. The firm has revealed that just about 1,000 incidents occurred day-after-day in outlets within the first six months of 2023, a complete of greater than 175,000. One store in inside London was "looted" 3 times in a single day.Shop staff have additionally seen bodily assaults enhance by nearly a 3rd year-on-year, and anti-social behaviour and verbal abuse enhance by a fifth.Co-op has warned that the extent of crime is "out-of-control" and will see some places turn into no-go areas for comfort outlets. Matt Hood, managing director at Co-op Food mentioned: "I have seen some horrific incidents of brazen and violent theft in our stores, where my store colleagues feel sca...

ST. PETERSBURG, Russia — Some African leaders arrived in Russia on Wednesday for a summit with President Vladimir Putin whereas the Kremlin, searching for allies amid the preventing in Ukraine, accused the United States and different Western powers of “outrageous” efforts to stress many different heads of states from attending. ...

ABUJA, Nigeria — Resident docs in Nigerian public hospitals on Wednesday launched their second strike this 12 months to protest unpaid salaries and demand enhancements in pay and dealing situations. ...

Confidence in large enterprise amongst Republicans has fallen to a file low throughout the Biden administration, a brand new Gallup survey has discovered. ...

McDonald’s franchise operators in two states have been cited by the Department of Labor for violating little one labor legal guidelines.  In Louisia...

The Federal Aviation Administration, which was closely criticized for the way in which it accredited the Boeing 737 Max earlier than two lethal crashes, says it's extra clearly explaining the form of essential security data that have to be disclosed to the company. ...

WASHINGTON — The Federal Reserve raised its key rate of interest Wednesday for the eleventh time in 17 months, a streak of hikes which can be meant to curb inflation however that additionally carry the danger of going too far and triggering a recession. ...

The 2024 presidential marketing campaign will happen underneath a troubled economic system, the Congressional Budget Office projected Wednesday, foreseeing slowing progress and rising unemployment. ...