Shell plc announced the final results of its exchange offers, successfully exchanging $6.3 billion of unregistered notes issued by Shell Finance US Inc. for new registered notes. This move helps Shell comply with U.S. securities regulations by replacing restricted notes with registered ones. The settlement and issuance of the new notes are expected on July 13, 2026. This exchange enhances transparency and marketability of Shell's debt securities for investors.
US oil companies are set to earn billions more due to supply disruptions from the Iran war, with Exxon Mobil expecting a $5 billion profit jump. Despite President Trump's calls to increase drilling to lower gas prices, oil majors are cautious, viewin...
The FTSE 100 fell due to AstraZeneca's 8% drop after a failed clinical trial for a heart disease drug, impacting its market value by £20 billion. Meanwhile, Computacenter surged over 13% following a strong trading update, and US semiconductor stocks ...
