The FTSE 100 reached a new record high of 10,978.87, driven by strong results and upgrades from major companies like Rolls-Royce and BAE Systems. The Bank of England kept interest rates steady at 3.75%, citing uncertainty from Middle East tensions and volatile energy prices, though some members signaled potential hikes later this year. UK economic data showed mixed signals with rising consumer credit and steady vehicle production, while eurozone growth exceeded expectations. Investors remain cautious but optimistic as the market balances inflation risks and geopolitical factors.
Shell reported its highest profits since 2022, driven by stronger oil and gas prices and improved trading, leading to $4.2 billion in share buybacks. The company maintained its quarterly dividend and saw income attributable to shareholders nearly tri...
Shell reported a strong second-quarter profit of $9.84 billion, surpassing analyst expectations due to higher oil and gas prices linked to the ongoing Middle East conflict. This marks a significant increase from $4.26 billion a year ago and $6.92 bil...
Shell plc announced an interim dividend for the second quarter of 2026 at $0.3906 per ordinary share, with payment scheduled for September 21, 2026. Shareholders can choose to receive dividends in US dollars, euros, or pounds sterling, with currency ...
Shell plc reported robust second quarter 2026 results, with income attributable to shareholders reaching $10.8 billion, driven by higher prices and trading gains despite volume declines due to Middle East conflicts. The company generated $21.4 billio...
Goldman Sachs upgraded Shell to a Buy rating due to the company's active asset management, including a potential $3.5 billion sale of stakes in the Explorer pipeline, and a major offshore oil discovery in Egypt at the Velox-1X well. Additionally, She...
